APA GROUP — Director's Dealing 2023

Nov 9, 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 APA Group (consisting of APA Infrastructure Trust (ARSN 091 678 778) and APA Investment Trust (ARSN 115 585 441)) ABN See above

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 Adam Watson Date of last notice 28 September 2023

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(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.	Baker Watson Investments Pty Ltd<Baker Watson Investment A/C>
Date of change	3 November 2023
No. of securities held prior to change	Direct38,297 ordinary stapled securities326,304 performance rightsIndirect59,103 ordinary stapled securities held throughBaker Watson Investments Pty Ltd
Class	Performance Rights, each being a right to receiveone Ordinary Stapled Security in APA Group,subject to the satisfaction of certain performancehurdles.
Number acquired	269,626 Performance Rights

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Nil. The Performance Rights were provided for nilconsideration under APA Group’s long termincentive arrangements as part of Mr Watson’sremuneration.
No. of securities held after change	Direct38,297 ordinary stapled securities595,930 performance rightsIndirect59,103 ordinary stapled securities held throughBaker Watson Investments Pty Ltd
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	Grant of Performance Rights as FY24 long termincentive for Mr Watson, as approved by APAsecurityholders at its 2023 Annual Meeting.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

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