Cobram Estate Olives : Change of Director's Interest Notice x 2

For personal use only

ABN 33 115 131 667

ASX: CBO

ASX Announcement - 3 March 2022

Change in Directors' Interest Notice

The attached Appendix 3Ys relate to changes in relevant interests in Cobram Estate Olives Limited ("CBO" or "Company") securities held by entities associated with the Company's Non- Executive Chair, Rob McGavin, and Non-Executive Director, Jonathan West.

Rob McGavin has purchased an additional 49,225 CBO shares and has also transferred a total of 20,000 CBO shares in six separate transfers including to his children. As a result, Rob McGavin's CBO shareholding has increased by 29,225 shares.

Jonathan West has purchased an additional 3,950 CBO shares.

Kind regards

Russell Dmytrenko

Company Secretary

On behalf of the Board of Cobram Estate Olives Limited

===========================

About Cobram Estate Olives Limited

Cobram Estate Olives is Australia's largest producer and marketer of premium quality extra virgin olive oil. The company currently owns over 2.4 million olive trees planted on 6,584 hectares of farmland in central and north-west Victoria and 149,000 trees planted on 305 hectares of long-term leased and freehold properties in California, USA. In total, the company currently owns 18,677 hectares of freehold farmland, of which 16,700 hectares is freehold farmland in central and northwest Victoria and southwest New South Wales. The company also owns Australia's largest olive tree nursery, three olive mills, two olive oil bottling and storage facilities, and the Modern Olives® laboratory. With operations in Australia and the USA, export customers in seventeen countries, and a portfolio of premium brands including Australia's number one extra virgin olive oil*, Cobram Estate®, the company is a market leader in the Australian extra virgin olive oil industry and a leader in sustainable olive farming.

For further information, please visit https://cobramestateolives.com.au.

* Source: IRI scan data, Financial Year 2021.

1

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: Cobram Estate Olives Limited

ABN: 32 115 131 667

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	Robert Douglas McGavin
Date of last notice	12 August 2021

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 and Indirect
Nature of indirect interest	McGavin Investments Pty Ltd (
(including rdetailsg tered holder)
Note: Provide	of the circumstances giving rise to the relevant	holder)
interest.		RD & KA McGavin Pty Ltd (Director of
		holder)
		Bool Investments Pty Ltd (Director of
		holder)
		RD McGavin & KA McGavin (50% interest
		in holding)
		Jubilee Park Vines Pty Ltd (Director of
Date of change		holder)
		25 February 2022

+ 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

	29,047,068 fully paid ordinary shares
No. of securities held prior to change	Direct:
	McGavin Investments Pty Ltd = 17,673,984
	Indirect:
	fully paid ordinary shares
	RD & KA McGavin Pty Ltd = 12,461,538
	fully paid ordinary shares
	Bool Investments Pty Ltd = 7,837,170 fully
	paid ordinary shares
	RD McGavin & KA McGavin = 3,072,744
	fully paid ordinary shares
	Jubilee Park Vines Pty Ltd = 1,951,872
	fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired
	49,225
Number disposed	20,000
Value/Considerat on	Disposed shares:s	$30,960 (non-cash)
valuation
Note: If consideration is non-cash, provide details and estimated	Acquired	$76,628
No. of securities held after change	29,027,068 fully paid ordinary shares
Direct:
	McGavin Investments Pty Ltd = 17,673,984
	Indirect:
	fully paid ordinary shares
	RD & KA McGavin Pty Ltd = 12,510,763
	fully paid ordinary shares
	Bool Investments Pty Ltd = 7,837,170 fully
	paid ordinary shares
	RD McGavin & KA McGavin = 3,072,744
	fully paid ordinary shares
	Jubilee Park Vines Pty Ltd = 1,951,872
	fully paid ordinary shares
Nature of change	Disposal via off market transfer
of securities under dividend reinvestment plan, participation in buy-
Example: on-market trade, off-market trade, exercise of options, issue	Acquisition via On-market trade
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
	+ 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

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
Note: Details are only required for a contract in
interest related prior to change
relation to which the interest has changed	N/A
Interest acquired
Interest disposed	N/A
Note:Value/ConsiderationIf consideration is non-cash, provide details	N/A
and an estimated valuation	N/A
Interest after change

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	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
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: Cobram Estate Olives Limited

ABN: 32 115 131 667

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	Jonathan West
Date of last notice	15 December 2021

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 and Indirect
	Nature of indirect interest
	Note: Provide	of the circumstances giving rise to the relevant	Holding)	West & Susan West (50%
	(including rdetailsg tered holder)	Jonathan
	interest.
	Date of change		24 February 2022
	No. of securities held prior to change	2,102,766 fully paid ordinary shares
			Direct:
			250,002 unlisted options over shares, each
			of which have vested, have an exercise
			price of A$1.42 and expire on 15
			December 2022
			Jonathan:	West & Susan West 3,600,000
			In irect
	Class		ordinary shares
		Fully paid ordinary shares
	Number acquired
		3,950
	Number disposed	NIL
	+ See chapter 19 for defined terms.		Appendix 3Y Page 1
01/01/2011