PolarX : Change of Director's Interest Notices

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

For personal use only

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	PolarX Limited
	ABN	76	161 615 783
	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		Charles Frazer Tabeart
	Date of last notice		17 July 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
a ure of indirect interest	N/A
Note: Provide details of the circumstances
(including regist	ed h lder)
giving rise to the	relevant	interest.
Date of change			21 December 2021
No. of securities held prior to change	Direct
			3,700,395 fully paid ordinary shares (Shares)
			Indirect
			2,055,262 Shares

	Class	Unlisted options to acquire Shares at an
		exercise price of $0.058 and expiry date of
		27 October 2025 (October 2025 Options)
	Number acquired	5,000,000
	Number disposed	Nil
	+ See chapter 19 for defined terms.	Appendix 3Y Page 1
01/01/2011

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Note: If consideration is non-cash, provide details and estimated
Value/Consideration	Nil
valuation
No. of securities held after change	Direct
	3,700,395 Shares
	5,000,000 October 2025 Options
	Indirect
	2,055,262 Shares
Example: on-market trade, off-market trade, exercise of options, issue	Company's Long-Term Incentive Plan and in
Nature of change	Incentive options issued pursuant to the
of securities under dividend reinvestment plan, participation in buy-	accordance with the shareholder approval
back	received on 10 December 2021

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	Not applicable
Nature of interest	Not applicable
Name of registered holder	Not applicable
(if issued securities)
Date of change	Not applicable
No. and class of securities to	Not applicable
which interest related prior to
change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration	Not applicable
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	Not applicable

Part 3 - +Closed period

+ See chapter 19 for defined terms.	01/01/2011
Appendix 3Y Page 2

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where prior
written clearance was required?
If so, was prior written clearance provided to allow the	Not applicable
trade to proceed during this period?
If prior written clearance was provided, on what date	Not applicable
was this provided?

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

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

For personal use only

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	PolarX Limited
	ABN	76	161 615 783
	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		Mark Bojanjac
	Date of last notice		15 May 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		Indirect
	a ure of indirect interest	Kallara Holdings Pty Ltd ATF JS & DER
	Note: Provide details of the circumstances	Bojanjac Family Super Fund
	(including regist		ed holder)
	giving rise to the	relevant	interest.	Relevant interest
	Date of change				21 December 2021
	No. of securities held prior to change	Indirect
					1,000,000 fully paid ordinary shares (Shares)
	Class				Unlisted options to acquire Shares at an
					exercise price of $0.058 and expiry date of
					27 October 2025 (October 2025 Options)
	Number acquired			5,000,000
	Number disposed			Nil
	Note: If consideration is non-cash, provide details and estimated
	Value/Consideration		Nil
	valuation
	+ See chapter 19 for defined terms.	Appendix 3Y Page 1
01/01/2011

For personal use only

Appendix 3Y

Change of Director's Interest Notice

No. of securities held after change	Indirect
	1,000,000	Shares
	5,000,000	October 2025 Options
Example: on-market trade, off-market trade, exercise of options, issue	Company's Long-Term Incentive Plan and in
Nature of change	Incentive options issued pursuant to the
of securities under dividend reinvestment plan, participation in buy-	accordance with the shareholder approval
back	received on 10 December 2021

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		Not applicable
	Nature of interest		Not applicable
	Name of registered holder		Not applicable
	(if issued securities)
	Date of change		Not applicable
	No. and class of securities to		Not applicable
	which interest related prior to
	Note: Details are only required for a contract in
	change
	relation to which the interest has changed
	Interest acquired		Not applicable
	Interest disposed		Not applicable
	Note: If consideration is non-cash, provide details
	Value/Consideration		Not applicable
	and an estimated valuation
	Interest after change		Not applicable
	Part 3 - +Closed period
	Were the interests in the securities or contracts detailed	No
	above traded during a +closed period where prior
	written clearance was required?
	If so, was prior written clearance provided to allow the	Not applicable
	trade to proceed during this period?
	If prior written clearance was provided, on what date	Not applicable
	was this provided?
	+ See chapter 19 for defined terms.		01/01/2011
	Appendix 3Y Page 2