ADAIRS LIMITED — Director's Dealing 2023

Jul 25, 2023

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.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Adairs Limited
ABN	50 147 375 451

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	David John Milroy MacLean
Date of last notice	7 March 2022

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Registered holders are: A. David MacLean Investments Pty Ltd (ACN 065 412 731) as trustee for the David MacLean ARG Retail Trust. B. D.M. & L.M. Holdings Pty Ltd ATF David MacLean Pension Fund C. Cheerful Holdings Pty Ltd ATF Alwyne MacLean Family Trust D. Cheerful Holdings Pty Ltd ATF The MacLean Superannuation Fund E. Blackwood Dell Pty Ltd ATF Blackwood Dell Superannuation Fund F. Banktron Pty Ltd as trustee for Banktron Superannuation Fund
Date of change	21 July 2023

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	A. B.	1,406,986 Fully Paid Ordinary Shares held by David MacLean Investments Pty Ltd (ACN 065 412 731) as trustee for the David MacLean ARG Retail Trust. 1,586,500 Fully Paid Ordinary Shares held by D.M. & L.M. Holdings Pty Ltd ATF David MacLean Pension Fund Total interest: 2,993,486 ordinary shares
Class	Fully Paid Ordinary Shares
Number acquired	Nil acquired however relevant interest has increased per description in “Nature of change”. C. 80,000 Fully Paid Ordinary Shares held by Cheerful Holdings Pty Ltd ATF Alwyne MacLean Family Trust D. 80,000 Fully Paid Ordinary Shares held by Cheerful Holdings Pty Ltd ATF The MacLean Superannuation Fund E. 84,655 Fully Paid Ordinary Shares held by Blackwood Dell Pty Ltd ATF Blackwood Dell Superannuation Fund F. 78,075 Fully Paid Ordinary Shares held by Banktron Pty Ltd as trustee for Banktron Superannuation Fund Total new relevant interest: 322,730 ordinary shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Not applicable

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		A. 1,406,986 Fully Paid Ordinary Shares held by David MacLean Investments Pty Ltd (ACN 065 412 731) as trustee for the David MacLean ARG Retail Trust. B. 1,586,500 Fully Paid Ordinary Shares held by D.M. & L.M. Holdings Pty Ltd ATF David MacLean Pension Fund New relevant interests: Existing shareholdings which Mr David MacLean now advises on / manages and has the ability to control. C. 80,000 Fully Paid Ordinary Shares held by Cheerful Holdings Pty Ltd ATF Alwyne MacLean Family Trust D. 80,000 Fully Paid Ordinary Shares held by Cheerful Holdings Pty Ltd ATF The MacLean Superannuation Fund E. 84,655 Fully Paid Ordinary Shares held by Blackwood Dell Pty Ltd ATF Blackwood Dell Superannuation Fund F. 78,075 Fully Paid Ordinary Shares held by Banktron Pty Ltd as trustee for Banktron Superannuation Fund Total interest: 3,316,216 ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		The change of interest arises as a result of David MacLean being given power of attorney which gives him control over shares held by entities associated with his parent. By virtue of this power of attorney, it is considered that David MacLean now has a “relevant interest” in these securities under section 608 of the Corporation Act.

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.

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Appendix 3Y Change of Director’s Interest Notice

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	Yes
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable – no trade occurred
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

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