Flagship Investments : Change of Director’s Interest Notice

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 FLAGSHIP INVESTMENTS LIMITED

ABN 99 080 135 913

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 Alternate Director	Scott Barrett
Date of last notice	11 November 2021

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	Scott Barrett as Trustee for Allegra Barrett (Trustee)
(including registered holder)	Bands One Pty Ltd ATF Bands One Trust (Trustee
Note: Provide details of the circumstances giving rise to the relevant	Director & Beneficiary)
interest.
Date of change	24 February 2022
No. of securities held prior to change	Ordinary Shares
	Direct	5,091
	Indirect	18,492
	Total	23,583
	Convertible Notes
	Direct	0
	Indirect	37,036
	TOTAL	37,036
Class	Ordinary Fully Paid Shares
Number acquired	Ordinary Shares
	Direct	0
	Indirect	44
	Total	44
Number disposed	Nil
Value/Consideration	$105.38
Note: If consideration is non-cash, provide details and estimated
valuation

• 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 after change	Ordinary Shares
	Direct	5,091
	Indirect	18,536
	Total	23,627
	Convertible Notes
	Direct	0
	Indirect	37,036
	TOTAL	37,036
Nature of change	Issue of shares under the DRP.
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation
in buy-back

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	N/A
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 2

01/01/2011