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

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.

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.

b) Targo Holdings Pty Ltd
Steven John Morris is a director and shareholder of Targo Holdings Pty Ltd.

c) Foam Street Pty Ltd
Steven John Morris is a director and shareholder of Foam Street Pty Ltd. |
| Date of change | 26 June 2026 |

• See chapter 19 for defined terms.
  01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director’s Interest Notice

| No. of securities held prior to change | Direct
1,500,000 Fully Paid Ordinary Shares
247,500 Tranche 1 unquoted $0.225 options, expiring 31 January 2029, subject to vesting conditions.

Indirect
a) 3,774,999 Fully Paid Ordinary Shares¹
b) 2,162,500 Fully Paid Ordinary Shares²

1. Held by Mr Steven John Morris & Ms Nicole Leanne Morris
2. Held by Targo Holdings Pty Ltd |
   | --- | --- |
   | Class | i) Tranche 2 unquoted Options, exercise price $0.237, expiring 26 June 2031, subject to vesting conditions.
   ii) Tranche 3 unquoted Options, exercise price $0.237, expiring 26 June 2031, subject to vesting conditions.
   iii) Tranche 4 unquoted Options, exercise price $0.237, expiring 26 June 2031, subject to vesting conditions.
   iv) Class A Performance Rights (Class A)
   v) Class C Performance Rights (Class C)
   vi) Class D Performance Rights (Class D)
   vii) Class E Performance Rights (Class E)
   viii) Class F Performance Rights * (Class F)

*Performance Rights subject to performance-based vesting conditions as set out in Notice of Meeting dated 24 April 2026 and lapse if unvested by 26 June 2031. |
| Number acquired | Indirect
i) 288,750 unquoted Tranche 2 Options
ii) 288,750 unquoted Tranche 3 Options
iii) 166,666 unquoted Tranche 4 Options
iv) 500,000 Class A Performance Rights
v) 1,000,000 Class C Performance Rights
vi) 1,000,000 Class D Performance Rights
vii) 500,000 Class E Performance Rights
viii) 750,000 Class F Performance Rights

All securities acquired are held indirectly through Foam Street Pty Ltd. Steven John Morris is a director and shareholder of Foam Street Pty Ltd. |
| Number disposed | Nil |
| Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation | Nil cash consideration |

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 2

Appendix 3Y
Change of Director’s Interest Notice

| No. of securities held after change | Direct
1,500,000 Fully Paid Ordinary Shares
247,500 Tranche 1 unquoted $0.225 options, expiring 31 January 2029

Indirect
a) 3,774,999 Fully Paid Ordinary Shares^{1}
b) 2,162,500 Fully Paid Ordinary Shares^{2}
c) 288,750 Tranche 2 unquoted Options, exercise price $0.237, expiring 26 June 2031, subject to vesting conditions.
d) 288,750 Tranche 3 unquoted Options, exercise price $0.237, expiring 26 June 2031, subject to vesting conditions^{3}
e) 166,666 Tranche 4 unquoted Options, exercise price $0.237, expiring 26 June 2031, subject to vesting conditions^{3}
f) 500,000 Class A Performance Rights^{3}
g) 1,000,000 Class C Performance Rights^{3}
h) 1,000,000 Class D Performance Rights^{3}
i) 500,000 Class E Performance Rights^{3}
j) 750,000 Class F Performance Rights^{3}

1. Held by Mr Steven John Morris & Ms Nicole Leanne Morris
2. Held by Targo Holdings Pty Ltd
3. Held by Foam Street Pty Ltd

*Performance Rights subject to performance-based vesting conditions as set out in Notice of Meeting dated 24 April 2026 and lapse if unvested by 26 June 2031. |
| --- | --- |
| Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Issue of Options and Performance Rights to a Director under Listing Rule 10.11, following Shareholder approval at the Annual General Meeting held 28 May 2026. |

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

| 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 | N/A |
| --- | --- |
| Interest acquired | N/A |
| Interest disposed | N/A |
| Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation | N/A |
| Interest after change | N/A |

Part 3 – +Closed period

• See chapter 19 for defined terms.
  01/01/2011 Appendix 3Y Page 4