SPRINTEX LIMITED — Director's Dealing 2024

Nov 21, 2024

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Sprintex Limited ABN: 38 106 337 599

ASX: SIX

ASX RELEASE

22 November 2024

COMPLIANCE UPDATE – DISCLOSURE OF DIRECTORS’ INTERESTS

Sprintex Limited (ASX: SIX) ( Sprintex or the Company ) wishes to advise that, while preparing the notice of meeting for an upcoming annual general meeting, a number of inadvertent failures to notify the ASX regarding the issue of securities to the Company’s directors ( Directors ) under Listing Rules 3.19A and 3.19B have been identified.

The Company has been engaged in discussions with ASX regarding its failure to notify ASX of the security issues. By way of rectification of these failures, the Company provides the following information:

1. The Company has identified the following errors in respect of its notifications to ASX regarding the interests of the Directors:

2. (a) the Initial Director’s Interest Notice ( Appendix 3X ) for Li Chen incorrectly stated the number of Shares held by Lidx Technology Limited by 1,279,069 which meant the opening and closing balance of the shares has been incorrect on all Mr Chen’s Change of Director’s Interest Notices ( Appendix 3Ys ) that have been lodged.

3. (b) the following security transactions have not been disclosed in Appendix 3Ys:

Director	Entity	Date	Acquired/Disposed	Securities	Comment
Li Chen	Li Chen	30/06/24	Disposed	5,000,000 Performance Rights	Performance Rights expired on 30 June 2024
Jay Upton	Top Fuel Promotions Pty Ltd	10/08/23	Acquired	50,000 Shares	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares
		08/09/23	Acquired	25,000 Options	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares
		30/06/24	Disposed	5,000,000 Performance Rights	Performance Rights expired on 30 June 2024
	Jay Upton A/C>	10/08/23	Acquired	50,000 Shares	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares

283 Rokeby Road Subiaco WA 6009 Phone: +61 8 9262 7277 Email: admin@sprintex.com.au URL: www.sprintex.com.au

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		08/09/23	Acquired	25,000 Options	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares
Steve Apedaile	Powertraveller Pty Ltd	10/08/23	Acquired	12,500 Shares	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares
		08/09/23	Acquired	6,250 Options	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares
	Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile Apedaile\ SF\ A/C>	10/08/23	Acquired	12,500 Shares	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares
		08/09/23	Acquired	6,250 Options	Share purchase plan issue price of $0.04 per share with 1 free attaching option for every 2 shares
	Apedaile Nominees Pty Ltd	30/06/24	Disposed	2,500,000 Performance Rights	Performance Rights expired on 30 June 2024

To rectify this matter, the Company has lodged rectifying Appendix 3Ys for each of the Directors as follows:

• (a) including, as the opening balance, all securities owned by each Directors which have been previously disclosed in a corresponding Appendix 3Y for that Director;

• (b) including, as acquisitions and disposals, any transaction which has not previously been disclosed as detailed in 1 (b) above; and

• (c) for Li Chen, including as a disposal, the incorrect number of shares as stated in his Appendix 3X and commentary to explain the error.

• The delay in lodging Appendix 3Ys occurred due to an inadvertent failure at the time of the issue of the securities detailed in 1(b) above to update ASX on each Directors' holdings. Specifically, at the time of these security issues, there was an oversight in ensuring that the necessary updates to the Directors' interests were promptly and accurately submitted to ASX. This was an unintentional error and was not a result of any deliberate action or disregard for the Company’s reporting obligations.

• The Company has a policy requiring all Directors to notify the Company of any changes to their holdings or interests in securities, in accordance with the requirements of Listing Rule 3.19A. Additionally, Directors are regularly reminded of their obligations to provide timely updates of any changes to their holdings.

The Company maintains a centralised system to track and monitor such notifications and ensures that all necessary filings, including Appendix 3Ys, are lodged with ASX within the required timeframes. The process is designed to ensure that all disclosures are accurate, complete, and submitted promptly.

283 Rokeby Road Subiaco WA 6009 Phone: +61 8 9262 7277 Email: admin@sprintex.com.au URL: www.sprintex.com.au

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1. The Company confirms that the current arrangements in place under Listing Rule 3.19B are adequate and are currently being enforced but acknowledges the historic oversights regarding the failure to lodge Appendix 3Ys. In light of this, the Company is committed to strengthening our processes to ensure full compliance with Listing Rule 3.19B moving forward.

To address this, the Company intends to take the following additional steps:

• (a) provide additional guidance to Directors regarding their obligations under Listing Rule 3.19A to ensure they are fully aware of their responsibilities to disclose changes in their securities holdings;

• (b) implement a system of regular reminders to Directors about the timing and importance of reporting any changes in their holdings promptly; and

• (c) enhance our monitoring system to ensure timely tracking and lodgement of all required disclosures.

The Company has also recently appointed of a new full-time company secretary to manage ASX compliance matters, including notifying ASX of issues of securities under Listing Rule 3.19B.

1. The current interest of each Directors in the securities of the Company is set out below:

Director	Shares	Options	Performance Rights
Steven Apedaile	12,362,529	1,579,167	10,000,000
Jude Upton	5,592,288	1,105,556	15,000,000
Li Chen	21,200,258	7,055,556	25,000,000

We take this matter seriously and are committed to ensuring the accuracy and integrity of our disclosures going forward.

We appreciate the understanding of our shareholders and the market as we address this issue.

This announcement is authorised by the Board of Directors of Sprintex Limited.

For further information

Sprintex Limited

Jay Upton, Managing Director

P: +61 8 9262 7277 E: jay.upton@sprintex.com.au W: https://invest.sprintex.com.au

MMR Corporate Services Pty Ltd

Level 5, 52 Phillip Street Sydney, NSW 2000 Australia P: +61 2 9251 7177 E: Sprintex@mmrcorporate.com

283 Rokeby Road Subiaco WA 6009 Phone: +61 8 9262 7277 Email: admin@sprintex.com.au URL: www.sprintex.com.au

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About Sprintex

Sprintex, established in Australia in 2003, specializes in the engineering, research, product development, and manufacturing of ultra-high-speed electric motors and clean air compressors. The Company is committed to delivering energy-efficient solutions that significantly impact the industrial and automotive sectors. Sprintex’s innovation-driven approach has positioned it as a leader in clean air technologies, continuously advancing industry standards.

Forward-Looking Statements

This announcement contains forward-looking information based on the Company’s expectations, estimates, and projections as of the date of the announcement. These statements may involve risks and uncertainties that could cause actual results to differ materially from those anticipated.

283 Rokeby Road Subiaco WA 6009 Phone: +61 8 9262 7277 Email: admin@sprintex.com.au URL: www.sprintex.com.au

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	Sprintex Limited
ABN	38 106 337 599

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	Li Chen
Date of last notice	21 June 2024

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 & Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Lidx Technology Limited an entity controlled by Li Chen
Date of change	Lidx Technology Limited (a) Ordinary Shares – 16 April 2021 Li Chen (a) Performance Rights – 30 June 2024
No. of securities held prior to change	Lidx Technology Limited (a) Ordinary Shares – 22,479,327 (b) Performance Rights – 25,000,000 (c) Options – 7,055,556 Li Chen (a) Performance Rights – 5,000,000
Class	Lidx Technology Limited (a) Ordinary Shares Li Chen (a) Performance Rights – with an expiry of 30 June 2024

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	N/A
Number disposed	Lidx Technology Limited (a) Ordinary Shares – 1,279,069 – Initial Director Notice lodged on 16 April 2021 misstated the number of shares held by Lidx Technology Limited. Li Chen (a) Performance Rights – 5,000,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Lidx Technology Limited (a) Ordinary Shares – Initial Director Notice lodged on 16 April 2021 misstated the number of shares held by Lidx Technology Limited. Li Chen (a) Performance Rights – expired on 30 June 2024
No. of securities held after change	Lidx Technology Limited (a) Ordinary Shares – 21,200,258 (b) Performance Rights – 25,000,000 (c) Options – 7,055,556
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Lidx Technology Limited (a) Ordinary Shares – Initial Director Notice lodged on 16 April 2021 misstated the number of shares held by Lidx Technology Limited. Li Chen (a) Performance Rights – expired on 30 June 2024.

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
Nature of interest
Name of registered holder (if issued securities)
Date of change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 N above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the n/a trade to proceed during this period? If prior written clearance was provided, on what date was n/a this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

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	Sprintex Limited
ABN	38 106 337 599

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	Jay Upton
Date of last notice	21 June 2024

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	1. Top Fuel Promotions Pty Ltd an entity controlled by Mr Upton 2. Jay Upton an entity controlled by Mr Upton
Date of change	1. Top Fuel Promotions Pty Ltd (a) Ordinary Shares – 10 August 2023 (b) Performance Rights – 30 June 2024 (c) Options – 8 September 2023 2. Jay Upton (a) Ordinary Shares – 10 August 2023 (b) Options – 8 September 2023
No. of securities held prior to change	1. Top Fuel Promotions Pty Ltd (a) Ordinary Shares – 5,481,379 (b) Performance Rights – 20,000,000 (c) Options – 1,055,556 2. Jay Upton (a) Ordinary Shares – 10,909

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	1. Top Fuel Promotions Pty Ltd (a) Ordinary Shares (b) Performance Rights - with an expiry of 30 June 2024 (c) Options 2. Jay Upton (a) Ordinary Shares (b) Options
Number acquired	1. Top Fuel Promotions Pty Ltd (a) Ordinary Shares – 50,000 (c) Options – 25,000 2. Jay Upton (a) Ordinary Shares - 50,000 (b) Options – 25,000
Number disposed	1. Top Fuel Promotions Pty Ltd (b) Performance Rights – 5,000,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. Top Fuel Promotions Pty Ltd (a) Ordinary Shares & (c) Options – $2,000 - $0.04 per share plus 1 free attaching option for every 2 shares issued as per the share purchase plan.. (b) Performance Rights – expired on 30 June 2024 2. Jay Upton (a) Ordinary Shares & (b) Options – $2,000 - $0.04 per share plus 1 free attaching option for every 2 shares issued as per the share purchase plan.
No. of securities held after change	1. Top Fuel Promotions Pty Ltd (a) Ordinary Shares – 5,531,379 (b) Performance Rights – 15,000,000 (c) Options – 1,080,556 2. Jay Upton (a) Ordinary Shares – 60,909 (b) Options – 25,000

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

	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. Top Fuel Promotions Pty Ltd (a) Ordinary Shares – Participation in share purchase plan issue (b) Performance Rights – expired on 30 June 2024 (c) Options – Participation in share purchase plan issue 2. Jay Upton (a) Ordinary Shares – Participation in share purchase plan issue (b) Options – Participation in share purchase plan issue

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
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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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?	N
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

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	Sprintex Limited
ABN	38 106 337 599

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	Steven Apedaile
Date of last notice	21 June 2024

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	1. Powertraveller Pty Ltdan entity controlled by Mr Apedaile 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile Mr Apedaile is a trustee and beneficiary of the Apedaile Super Fund. 3. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile .Mr Apedaile is a trustee and beneficiary of the Apedaile Family Trust. 4. Apedaile Nominees Pty Ltdand entity controlled by Mr Apedaile

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Date of change	1. Powertraveller Pty Ltd (a) Ordinary Shares – 10 August 2023 (b) Options – 8 September 2023 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares – 10 August 2023 (b) Options – 8 September 2023 4. Apedaile Nominees Pty Ltd (a) Performance Rights – 30 June 2024
No. of securities held prior to change	1. Powertraveller Pty Ltd (a) Ordinary Shares – 127 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares – 7,822,524 3. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares – 2,514,878 (b) Options – 566,667 (c) Performance Rights – 10,000,000 4. Apedaile Nominees Pty Ltd (a) Ordinary Shares – 2,000,000 (b) Options – 1,000,000 (c) Performance Rights – 2,500,000
Class	1. Powertraveller Pty Ltd (a) Ordinary Shares (b) Options 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares (b) Options 4. Apedaile Nominees Pty Ltd (c) Performance Rights – with an expiry on 30 June 2024
Number acquired	1. Powertraveller Pty Ltd (a) Ordinary Shares – 12,500 (b) Options – 6,500 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares – 12,500 (b) Options – 6,500

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Number disposed	4. Apedaile Nominees Pty Ltd (c) Performance Rights – 2,500,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. Powertraveller Pty Ltd (a) Ordinary Shares & (b) Options – $500 - $0.04 per share plus 1 free attaching option for every 2 shares issued as per the share purchase plan. 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares & (b) Options – $500 - $0.04 per share plus 1 free attaching option for every 2 shares issued as per the share purchase plan. 4. Apedaile Nominees Pty Ltd (c) Performance Rights – expired on 30 June 2024
No. of securities held after change	1. Powertraveller Pty Ltd (a) Ordinary Shares – 12,627 (b) Options – 6,500 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares – 2,471,797 (b) Options – 6,500
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. Powertraveller Pty Ltd (a) Ordinary Shares – 12,627 (b) Options – 6,250 2. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares – 7,835,024 (b) Options – 6,250 3. Mr Steven James Apedaile + Mrs Michelle Lynda Apedaile (a) Ordinary Shares – 2,514,878 (b) Options – 566,667 (c) Performance Rights – 10,000,000 4. Apedaile Nominees Pty Ltd (a) Ordinary Shares – 2,000,000 (b) Options – 1,000,000

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.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Detail of contract	n/a
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

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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?	N
If so, was prior written clearance provided to allow the trade to proceed during this period?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 5