Tassal : Change of Director's Interest Notice

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.

Amended 01/01/2011

Name of entity	Tassal Group Limited
ABN	15 106 067 270

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	Mr Mark Ryan
Date of last notice	4 December 2020

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	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to
the relevant interest.
Date of change	24 November 2021
No. of securities held prior to change	234,512
Class	Ordinary shares
Number acquired	Nil
Number disposed	Nil

+ See chapter 19 for defined terms.

Appendix 3Y Page 1

For personal use only

Value/Consideration	N/A
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	234,512
Nature of change	N/A

Part 2 - Change of Director's interests in contracts

a) Long-Term Incentive Plan and the offer of the 2019 Performance Rights Package

Long-term Incentive Plan and the offer of the 2019 Performance Rights Package (further details provided in the Notice of

Annual General Meeting dated 26 September 2019)

b) Long-Term Incentive Plan and the offer of the 2020 Performance Rights Package

Long-term Incentive Plan and the offer of the 2020 Performance Rights Package (further details provided in the Notice of

Annual General Meeting dated 25 September 2020)

c) Long-Term Incentive Plan and the offer of the 2021 Performance Rights Package

Long-term Incentive Plan and the offer of the 2021 Performance Rights Package (further details provided in the Notice of

Annual General Meeting dated 24 September 2021)

• See chapter 19 for defined terms. Appendix 3Y Page 2

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Nature of interest	a)	Long-Term Incentive Plan and the
		offer of the 2019 Performance Rights
		Package
		Performance Rights to fully paid
		ordinary shares pursuant to the terms and
		conditions of the Long-Term Incentive
		Plan and the 2019 Performance Rights
		Package and the shareholder approval
		granted at the Annual General Meeting
		held on 29 October 2019 (further details
		provided in the Notice of Annual
		General Meeting dated 26 September
		2019)
	b)	Long-Term Incentive Plan and the
		offer of the 2020 Performance Rights
		Package
		Performance Rights to fully paid
		ordinary shares pursuant to the terms and
		conditions of the Long-term Incentive
		Plan and the 2020 Performance Rights
		Package and the shareholder approval
		granted at the Annual General Meeting
		held on 28 October 2020 (further details
		provided in the Notice of Annual
		General Meeting dated 25 September
		2020)
	c)	Long-Term Incentive Plan and the
		offer of the 2021 Performance Rights
		Package
		Performance Rights to fully paid
		ordinary shares pursuant to the terms and
		conditions of the Long-term Incentive
		Plan and the 2021 Performance Rights
		Package and the shareholder approval
		granted at the Annual General Meeting
		held on 28 October 2021 (further details
		provided in the Notice of Annual
		General Meeting dated 24 September
		2021)

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

For personal use only

Appendix 3Y Page 2

	Name of registered holder (if issued		N/A
	securities)
	Date of change		24 November 2021

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

			Long-Term Incentive Plan and the offer
	Interest acquired		of the 2021 Performance Rights
			Package
			186,586 Performance Rights (further details
			provided in the Notice of Annual General
			Meeting dated 24 September 2021)
	Interest disposed		N/A
	Value/Consideration		There is no consideration payable

Note: if consideration is non-cash, provide details and an estimated valuation

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

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Interest after change

a) Long-Term Incentive Plan and the offer of the 2019 Performance Rights Package

80,079 Performance Rights (further details provided in the Notice of Annual General Meeting dated 27 September 2019)

b) Long-Term Incentive Plan and the offer of the 2020 Performance Rights Package

177,154 Performance Rights (further details provided in the Notice of Annual General Meeting dated 25 September 2020)

c) Long-Term Incentive Plan and the offer of the 2021 Performance Rights Package

186,586 Performance Rights (further details provided in the Notice of Annual General Meeting dated 24 September 2021)

d) Total Performance Rights pursuant to offers under Long-Term Incentive Plan

443,819 Performance Rights

Part 3 - + Closed Period

+ See chapter 19 for defined terms.

Appendix 3Y Page 5