TERRACOM LIMITED — Director's Dealing 2020

May 6, 2020

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	TerraCom Limited
ABN	35 143 533 537

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	Paul Anderson
Date of last notice	26 November 2019

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 to the relevant interest.	Shares held indirectly by: • Bonython Coal No 1 Pty Ltd in its corporate capacity and as trustee of Bonython Coal No 1 Unit Trust (Director of entity) • Singleton Group Nominees Pty Limited as trustee for Singleton No. 5 Investment Trust (Director of entity) • PMANDO Pty Ltd as trustee for Anderson Family Superannuation Fund (Director of entity, Member of superannuation fund) • Monique Anderson(Spouse)
Date of change	7 May 2020
No. of securities held prior to change	1. 79,199,730 fully paid ordinary shares • Direct 19,502 • Indirect 79,180,228 2. 52,814 unlisted ordinary share options

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares
Number acquired	185,000 fully paid ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.12 per share
No. of securities held after change	1. 79,384,730 fully paid ordinary shares • Direct 19,502 • Indirect 79,365,228 2. 52,814 unlisted ordinary share options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

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	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
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	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts No. detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow Not applicable. the trade to proceed during this period? If prior written clearance was provided, on what Not applicable. date was this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3