Appendix 3Y

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.

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Name of Director	Mr John Paul Welborn
Date of last notice	21 November 2019

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest .	N/A
Date of change	12 March 2020
No. of securities held prior to change	3,000,000 Fully Paid Ordinary Shares 1,587,500 Performance Rights vesting 30 June 2020 1,277,559 Performance Rights vesting 30 June 2021 698,690 Performance Rights vesting 31 December 2021 1,000,000 Performance Rights vesting 30 June 2022 1,000,000 Performance Rights vesting 30 June 2023
Class	Fully Paid Ordinary Shares
Number acquired	170,000
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$125,500
No. of securities held after change	3,170,000 fully paid ordinary shares 1,587,500 Performance Rights vesting 30 June 2020 1,277,559 Performance Rights vesting 30 June 2021 698,690 Performance Rights vesting 31 December 2021 1,000,000 Performance Rights vesting 30 June 2022 1,000,000 Performance Rights vesting 30 June 2023
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Appendix 3Y

Change of Director's Interest Notice

Name of Director

Companies

UK 100

Latest directors dealings