Metal Bank : Change in Director’s Interest Notice

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

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 Metal Bank Limited

ABN 51 127 297 170

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	Inés Louise Scotland
Date of last notice	24 November 2017

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		Indirect
	Nature of indirect interest	giving rise to the relevant	securitiesInes Scotlandheldhasby Scotlandrelevant interest(Australia)in
	Note:(includingProvide rdetailsg steredof the circumstancesholder)
	interest.		Super Pty Ltd
			A/C> and Berne No 132 Nominees Pty Ltd
			<600835> by operation of s608(2) of the
	Date of change		Corporations Act
		9 September 2020
	No. of securities held prior to change	108,936,780 Ordinary Shares
	Class		rdinary shares
	Number acquired		Options exercisable at $0.015 and expiring
		31 March 2022 (	)
				Options
			176,000 Shares and 88,000 Options
	Number disposed
			nil
	Value/Considerat on		$0.007 per Share
	Note: If consideration is non-cash, provide details and estimated
	valuation		Options issued for no consideration
	+ See chapter 19 for defined terms.			Appendix 3Y Page 1
01/01/2011

Appendix 3Y

Change of Director's Interest Notice

No. of securities held after change	109,112,780 Shares
	88,000 Options
Example:Natureonof-marketchangetrade,off-market trade, exercise of options, issue	Acceptance	of	entitlements	under
of securities under dividend reinvestment plan, participation in buy-	Entitlement Offer
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

Note:interestDetailsrelatedare only priorrequiredtoforchangea contract in relation to which the interest has changed

Interest acquired

Interest disposed

Note:Value/ConsiderationIf 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	n/a
	above traded during a +closed period where prior written
	clearance was required?
	If so, was prior written clearance provided to allow the
	trade to proceed during this period?
	If prior written clearance was provided, on what date was
	this provided?
	+ See chapter 19 for defined terms.	01/01/2011
	Appendix 3Y Page 2