IOUpay : Appendix 3Y x2

For personal use only

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	IOUPAY LIMITED
ABN	11 091 192 871

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	Lee Chin Wee
Date of last notice	08 February 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
Nature of indirect interest	None
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
Date of change	08 June 2022
No. of securities held prior to change	Direct Interests
	• 4,692,844 FPO
	• 600,000 IOU001 Performance Options at
	nil ex vesting on 08/06/2022 exp
	08/08/2022;
	• 600,000 IOU002 Performance Options at
	nil ex vesting on 10 Day VWAP of over
	$0.35 exp 27/01/2024; and
	• 600,000 IOU003 Performance Options at
	nil ex vesting on 10 Day VWAP of over
	$0.425 exp 27/01/2024.
Class	As above

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

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Number acquired	Direct Interests
	(a)	600,000 FPO on conversion of IOU001
Number disposed	Direct Interests
	(b)	600,000 IOU001	Performance Options
		converted into FPO
Value/Consideration	$0.0001 per share
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	Direct Interests
	•	5,292,844 FPO
	•	600,000 IOU002 Performance Options at
		nil ex vesting on 10 Day VWAP of over
		$0.35 exp 27/01/2024; and
	•	600,000 IOU003 Performance Options at
		nil ex vesting on 10 Day VWAP of over
		$0.425 exp 27/01/2024.
Nature of change	In respect of the acquisitions of securities:
Example: on-market trade, off-market trade, exercise of	(a)	Vesting and conversion of performance
options, issue of securities under dividend reinvestment		options resulting in acquisition of FPO
plan, participation in buy-back
	In respect of the disposals of securities:
	(b)	Conversion of	vested performance
		options into FPO

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 as no interest in contracts.
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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Part 3 - +Closed period

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

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

For personal use only

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	IOUPAY LIMITED
ABN	11 091 192 871

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	Paul William Russell
Date of last notice	08 February 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
Nature of indirect interest	None
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
Date of change	08 June 2022
No. of securities held prior to change	Direct Interests
	•	100,000 IOU001 Performance Options at
		nil ex vesting on 08/06/2022 exp
		08/08/2022;
	•	100,000 IOU002 Performance Options at
		nil ex vesting on 10 Day VWAP of over
		$0.35 exp 27/01/2024; and
	•	100,000 IOU003 Performance Options at
		nil ex vesting on 10 Day VWAP of over
		$0.425 exp 27/01/2024.
Class	As above
Number acquired	Direct Interests
	(a)	100,000 FPO on conversion of IOU001

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

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Number disposed	Direct Interests
	(b)	100,000 IOU001	Performance Options
		converted into FPO
Value/Consideration	$0.0001 per share
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	Direct Interests
	•	100,000 FPO
	•	100,000 IOU002 Performance Options at
		nil ex vesting on 10 Day VWAP of over
		$0.35 exp 27/01/2024; and
	•	100,000 IOU003 Performance Options at
		nil ex vesting on 10 Day VWAP of over
		$0.425 exp 27/01/2024.
Nature of change	In respect of the acquisitions of securities:
Example: on-market trade, off-market trade, exercise of	(a)	Vesting and conversion of performance
options, issue of securities under dividend reinvestment		options resulting in acquisition of FPO
plan, participation in buy-back
	In respect of the disposals of securities:
	(b)	Conversion of	vested performance
		options into FPO

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 as no interest in contracts.
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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011