SPARC TECHNOLOGIES LIMITED — Board/Management Information 2021

Jun 30, 2021

ASX ANNOUNCEMENT 1 July 2021

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CEO MIKE BARTELS APPOINTED TO MANAGING DIRECTOR

HIGHLIGHTS

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CEO Mike Bartels elevated to Managing Director

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Appointment strengthens the Sparc Board with greater global industry and

commercialisation experience

Sparc Technologies Limited ( ASX: SPN ) ( Sparc or the Company ) is pleased to announce the appointment of Mr. Mike Bartels to Managing Director ( MD ). Mike will add considerable experience, both technically and commercially to the Sparc Board. The appointment will be effective from 1 July 2021.

Mr. Mike Bartels, who joined Sparc on 1 March 2021 as Chief Executive Officer ( CEO) , has led the Sparc management team undertaking a review of the business with a strong focus on streamlining research and development activities and aiming to fast track commercialisation opportunities.

Mike holds a Bachelor of Science in Applied Chemistry and has a wealth of experience in sales and marketing with major multinational coatings companies in Australia and internationally, including Sherwin Williams (NYSE: SHW) and AkzoNobel (AKZA.AS). Mike is an expert at developing strategy, setting vision and executing plans to deliver growth. Mike brings a vast depth of experience to Sparc given his previous roles as global head of marketing, business development manager and sales director for paint, protective coatings and insulation products for major multinational coatings companies.

Executive Chairman, Stephen Hunt, commented:

“Since joining the company in March, Mike has brought a great deal of enthusiasm and acumen to the team. Combined with Mike’s corporate experience and in particular, his coatings industry knowledge and network, we are delighted to have Mike more deeply involved in the overall strategy setting and Board participation. We see that Mike brings a very strong commercial focus which aligns strongly with Sparc’s mission. “

Mr. Mike Bartels’ Executive Services Agreement as announced on 2 March 2021, has not changed.

-ENDS-

Authorised for release by: Stephen Hunt, Executive Chairman.

For more information:

Stephen Hunt

Executive Chairman

+61 402 956 205

Stephen.hunt@sparctechnologies.com.au

Mark Flynn Investor Relations +61 416 068 733 mark.flynn@sparctechnologies.com.au

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Sparc Technologies Ltd ACN 009 092 068 ASX: SPN

Issued Capital 70.45m Shares

Registered Office Level 2 480 Collins Street Melbourne VIC 3000 Australia E: info@sparctechnologies.com.au

Directors

Stephen Hunt - Executive Chairman Mike Bartels – Managing Director Tom Spurling – Non-Executive Director Daniel Eddington - Non-Executive Director

www.sparctechnologies.com.au

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About Sparc Technologies

Sparc Technologies Limited (ASX: SPN) is a South Australian based company that is focussing on the development of innovative technology solutions using the unique properties of graphene. Graphene, which can be extracted from graphite, is a 2-dimensional nano material made of carbon atoms arranged in a hexagonal pattern, giving it unique and powerful properties that, with the right technology, can be imparted on products to improve performance. Sparc Technologies has licenced graphene-based technologies from the University of Adelaide, a leading institution in the field of graphene research, and will focus on commercialising graphene-based technologies for large industrial markets for marine and protective coatings, environmental remediation and bio-medical applications.

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www.sparctechnologies.com.au