VERBREC LIMITED — Director's Dealing 2022

Mar 24, 2022

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	Verbrec Limited
ABN	90 127 897 689

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	Brian O’Sullivan
Date of last notice	2 August 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 & indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	BOS Holdings Australia Pty Ltd (as trustee for The BOS Family Trust). BOS Australia Super Pty Ltd (as trustee for The BOS Super Fund). The nature of the director’s interest is as a beneficiary of the trust and super fund, director of the trustee companies and the entities are under the director’s control.
Date of change	25 March 2022
No. of securities held prior to change	Brian O’Sullivan: 42,786,349 BOS Holdings Australia Pty Ltd: 29,701,738 BOS Australia Super Pty Ltd: 4,615,000 Total: 77,103,087
Class	Ordinary shares
Number acquired
Number disposed	7,692,308

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.13 per share
No. of securities held after change	Brian O’Sullivan: 35,094,041 BOS Holdings Australia Pty Ltd: 29,701,738 BOS Australia Super Pty Ltd: 4,615,000 Total: 69,410,779
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Off market transfer

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 3