SPENDA LIMITED — Director's Dealing 2021

Jan 24, 2021

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ASX RELEASE

25 JANUARY 2021

CHANGE OF DIRECTOR’S INTEREST NOTICE

Please see attached Appendix 3Y, Change of Director’s Interest Notice, for Adrian Floate. Following the transactions set out in the attached, Adrian's shareholding has increased from 59,470,291 shares to 59,928,599 shares and the Company has received $141,270 in funding from the exercise of his options.

Authorised by Justyn Stedwell, Company Secretary.

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Cirralto Limited ACN: 099 084 143 Ph: 1300 682 108 Suite 103, Level 1, 2 Queen Street, Melbourne VIC 3000

Appendix 3Y Change of Director’s Interest Notice

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: CIRRALTO LIMITED ACN: 099 084 143

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	Adrian FLOATE
Date of last notice	8 October 2020

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	18 - 25 January 2021
No. of securities held prior to change	42,866,943 Shares (indirect) 16,603,348 Shares (direct) 4,150,837 Listed options (direct) 13,500,000 Options (indirect)
Class	Fully paid ordinary shares (Shares) Listed Options Exercise price: $0.025 Expiry: 28/07/2023 (CROO)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Number acquired	6,270,837 Shares 1,500,000 Listed Options Exercise price: $0.025 Expiry: 28/07/2023 (CROO)
Number disposed	5,812,529 Shares 5,650,837 Listed Options Exercise price: $0.025 Expiry: 28/07/2023 (CROO)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1,500,000 Listed Options Exercise price: $0.025 Expiry: 28/07/2023 (CROO) acquired for $0.045 per option. 5,650,837 Shares acquired for $0.025 per Share pursuant to exercise of CROO options. 620,000 Shares acquired for $0.065 per Share 2,562,529 Shares sold for $0.072 per Share 3,250,000 Shares sold for $0.073 per Share
No. of securities held after change	42,866,943 Shares (indirect) 17,061,656 Shares (direct) 13,500,000 Options (indirect)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	1,500,000 CROO Options purchased off market. 5,650,837 Shares issued upon exercise of CROO options. 620,000 Shares purchased on market. 5,812,529 Shares sold on market.

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 N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade toproceed during thisperiod?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3

01/01/2011