ADX Energy : Change of Director’s Interest Notice – I Tchacos

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

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: ADX Energy Ltd

ABN: 50 009 058 636

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	Ian Tchacos
Date of last notice	2 May 2022

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	1. Warroorah Pty Ltd .
(including registered holder)	2. Eonia Pty Ltd - which Mr Tchacos is a
Note: Provide details of the circumstances	beneficiary.
giving rise to the relevant interest.
Date of change	31 May 2022

+ See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y

Change of Director's Interest Notice

	Indirect
	Warroorah Pty Ltd
	• 50,625,865 Fully Paid Ordinary Shares
	Eonia Pty Ltd
	• 37,320,884 Fully Paid Ordinary Shares
	Direct
	• 137,045 Fully Paid Ordinary Shares
	• 6,000,000 Unlisted Options. Exercise
	price nil, expire 26/6/2024
	• 6,078,125 Unlisted Options. Exercise
No. of securities held prior to change	price nil, expire 31/7/2024
• 5,116,071 Unlisted Options. Exercise
	price nil, expire 31/10/2024
	• 7,250,000 Unlisted Options. Exercise
	price nil, expire 31/01/2025
	• 3,145,833 Unlisted Options. Exercise
	price nil, expire 31/05/2025
	• 2,456,250 Unlisted Options. Exercise
	price nil, expire 31/07/2025
	• 3,294,642 Unlisted Options. Exercise
	price nil, expire 31/10/2025
	• 1,857,954 Unlisted Options. Exercise
	price nil, expire 31/01/2026
Class	Fully Paid Ordinary Shares
Unlisted Options
Number acquired	233,375 shares (direct)
3,117,187 options (direct)
Number disposed	-
	Shares - $1,867 Non-cash - value based on
Value/Consideration	director fees
Note: If consideration is non-cash, provide	Options - $24,937.50 Non-cash - valued
details and estimated valuation	based on consulting fees

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

	Indirect
	Warroorah Pty Ltd
	• 50,625,865 Fully Paid Ordinary Shares
	Eonia Pty Ltd
	• 37,320,884 Fully Paid Ordinary Shares
	Direct
	• 370,420 Fully Paid Ordinary Shares
	• 6,000,000 Unlisted Options. Exercise
	price nil, expire 26/6/2024
	• 6,078,125 Unlisted Options. Exercise
	price nil, expire 31/7/2024
No. of securities held after change	• 5,116,071 Unlisted Options. Exercise
price nil, expire 31/10/2024
	• 7,250,000 Unlisted Options. Exercise
	price nil, expire 31/01/2025
	• 3,145,833 Unlisted Options. Exercise
	price nil, expire 31/05/2025
	• 2,456,250 Unlisted Options. Exercise
	price nil, expire 31/07/2025
	• 3,294,642 Unlisted Options. Exercise
	price nil, expire 31/10/2025
	• 1,857,954 Unlisted Options. Exercise
	price nil, expire 31/01/2026
	• 3,117,187 Unlisted Options. Exercise
	price nil, expire 31/05/2026
	Shares - Issued pursuant to ADXs' Directors'
	Share Plan approved by Shareholders on 27
	May 2022. Issued in consideration of part
	directors fees for the quarter ended 31 March
Nature of change	2022. Number of shares based on directors
fees to be paid via equity and VWAP for that
Example: on-market trade, off-market trade,
quarter.
exercise of options, issue of securities under
dividend reinvestment plan, participation in	Options - granted as approved by Shareholders
buy-back
on 27 May 2022. Granted in consideration of
	part consulting fees for the quarter ended 31
	March 2022. Number of options based on fees
	to be paid via equity and VWAP for that
	quarter.

+ See chapter 19 for defined terms.

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Appendix 3Y

Change of Director's Interest Notice

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

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

Part 3 - +Closed period

Were the interests in the securities or contracts detailed above	No
traded during a +closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	N/a
proceed during this period?
If prior written clearance was provided, on what date was this	N/a
provided?

+ See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011