X0206 3 2016-12-08 0 0001540159 Stellar Biotechnologies, Inc. SBOT 0001663298 Olson Charles V C/O STELLAR BIOTECHNOLOGIES, INC. 332 EAST SCOTT STREET PORT HUENEME CA 93041 1 0 0 0 Share Option (Right to Buy) 15.20 2021-11-12 Common Shares 1250 D The option was granted by the Issuer to the Reporting Person, in connection with the Reporting Person's service on the Issuer's Scientific Advisory Board, on November 12, 2014. The option is fully vested and immediately exercisable. Exhibit 24 - Power of Attorney /s/ Kathi Niffenegger, as Attorney in Fact 2016-12-13