SENSEN NETWORKS LIMITED — Director's Dealing 2018

Oct 1, 2018

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity SenSen Networks Limited
ABN 67 121 257 412

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Subhash Challa
Date of last notice	27 July 2018

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.	Held by way of Subhash Challa's holding ofShare Units in the SenSen Employee EquityTrust
Date of change	2 October 2018
No. of securities held prior to change
Direct	Direct29,292,288Fully Paid Ordinary Shares
	IncentiveOptions	Vesting	ExercisePeriod	ExercisePrice
	2,200,000	Uponissue	3 years from04/12/17	$0.25 each
	2,200,000	Uponissue	3 years from04/12/17	$0.35 each
	2,200,000	Uponissue	3 years from04/12/17	$0.45 each
Indirect	Indirect49,246,968 Fully Paid Ordinary Shares

+ See chapter 19 for defined terms.

Class	Performance Options
Number acquired	Direct6,340,620Performance Optionsissued underthe Company's Long-Term Incentive Plan andapproved by Shareholders at the Company'sAnnual General Meeting held on 30 November2017.
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Nil. The Performance Optionswere issued underthe Long-Term Incentive Plan for the purpose ofaligning the interests of eligible employees withthose of shareholders and providing incentivestoattract,retainand/ormotivateeligibleemployees in the interests of the Company.The Company achieved a 96.07% increase inaudited revenue from 2017($2.065M)to 2018($4.049M) as reported in the 2018 AnnualReport.Accordingly,thenumberofPerformance Options issued equated to96.07%oftheamountofLTIIncentiveOptions(ie.6,600,000)approvedandissuedinDecember 2017. The Performance Options'Exercise Price was determined by the 5-dayVWAP of the Company's shares, following theASX release of the 2018 Annual Report.
No. of securities held after change
Direct	Direct29,292,288		Fully Paid Ordinary Shares
	IncentiveOptions	Vesting	ExercisePeriod	ExercisePrice
	2,200,000	Uponissue	3 years from04/12/17	$0.25 each
	2,200,000	Uponissue	3 years from04/12/17	$0.35 each
	2,200,000	Uponissue	3 years from04/12/17	$0.45 each
	PerformanceOptions	Vesting	ExercisePeriod	ExercisePrice
	6,340,620	Uponissue	3 years from02/10/18	$0.155each
Indirect	Indirect49,246,968 Fully Paid Ordinary Shares

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	Performance OptionsissuedtotheExecutiveunder the Company's Long-Term Incentive Planand approved at the Company's Annual GeneralMeeting held on 30 November2017.

Part 2 – Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior writtenclearance was required?
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

+ See chapter 19 for defined terms.