TITOMIC LIMITED — Director's Dealing 2020

May 17, 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:	Titomic Limited (ASX:TTT)
ABN:	77 602 793 644

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:	Mr Philip Vafiadis
Date of last notice:	10thMarch 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.

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Direct or indirect interest Indirect
Nature of indirect interest Director Related Entity
(including registered holder)
Note: Provide details of the circumstances giving
rise to the relevant interest.
Date of change 13 [th] May 2020
No. of securities held prior to change
Shares Options Perform
Rights
Direct - - -
Indirect 1,686,578 589,000 1,260,013
Total 1,686,578 589,000 1,260,013
Class a) Fully Paid Ordinary Shares
b) Performance Shares
Number acquired
Shares Options Perform
Rights
Direct - - -
Indirect a) 400,000 - b) 400,000
Total 400,000 - 400,000
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• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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Number disposed
Shares Options Perform
Rights
Direct - - -
Indirect - - -
Total - - -
Value/Consideration NIL Cash consideration.
Note: If consideration is non-cash, provide details and Deemed value = $294,000.00
estimated valuation
No. of securities held after change
Shares Options Perform
Rights
Direct - - -
Indirect 2,086,578 589,000 1,660,013
Total 2,086,578 589,000 1,660,013
Nature of change Off-Market acquisition of securities following exercise of
Example: on-market trade, off-market trade, exercise previously advised call/put option agreement.
of options, issue of securities under dividend
reinvestment plan, participation in buy-back
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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.

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Detail of contract As previously announced on 5 February 2020, Mr Vafiadis held a
portion of his Titomic securities within a unit trust structure ( Unit
Trust ). Under the restructuring of the Unit Trust in which Mr Vafiadis
is a beneficial owner, a Call and Put Option Agreement has been
executed between three of the Unit Trust beneficiaries.
Mr Vafiadis has now exercised the Call/Put Option to acquire 400,000
fully paid Titomic shares (ASX:TTT) and 400,000 Titomic Performance
Rights (ASX:TTTAD) in return for receipt of equity interest in other
entities from Mr Vafiadis.
Nature of interest Call/Put Option Agreement – Now completed and closed out.
Name of registered holder A nominee entity of Mr Vafiadis.
(if issued securities)
Date of change See Part 1 above
No. and class of securities See Part 1 above
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 See Part 1 above
Interest disposed NIL
Value/Consideration See Part 1 above
Note: If consideration is non-cash, provide
details and an estimated valuation
Interest after change See Part 1 above
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• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or No contracts detailed above traded during a + closed period where prior written clearance was required?

If so, was prior written clearance N/A provided to allow the trade to proceed during this period?

If prior written clearance was provided, N/A on what date was this provided?

• See chapter 19 for defined terms.

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