ARC FUNDS LIMITED — Director's Dealing 2023

Jan 3, 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 ARC Funds Limited

ABN 52 001 746 710

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	Harley Grosser
Date of last notice	30 December 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.

Part 1 - Change of director’s relevant interests in securities	Part 1 - Change of director’s relevant interests in securities	tor’s relevant interests in securities	tor’s relevant interests in securities	tor’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 trustNote: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should bedisclosed in this part.Direct or indirect interestIndirectNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Director/Shareholder of Capital H Groupconsisting of:•Capital H Active Fund•Capital H A/C•Capital H Management Pty Ltd		cludes interests in the trust made available by the responsible entity of the trust“ ”
	Direct or indirect inte	rest	Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	restholder)circumstances giving rise to the relevant	Director/Shareholder of Capital H Groupconsisting of:
			•Capital H Active Fund•Capital H A/C
			•Capital H Management Pty Ltd
	Date of change		30 December 2022
	No. of securities held prior to change		7,194,393 Ordinary Shares – Capital HActive Fund;184,892 Ordinary Shares – Capital HManagement Pty Ltd <Capital H A/C>;3,046,980 Ordinary Shares – Capital HManagement PtyLtd
	Class		Ordinary Shares
	Number acquired		40,003
	Number disposed		-
	Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		$12,741.45

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	7,229,393 Ordinary Shares – Capital H
	Active Fund;
	184,892 Ordinary Shares – Capital H
	Management Pty Ltd <Capital H A/C>;
	3,051,983 Ordinary Shares – Capital H
	Management PtyLtd
Nature of change	On-market acquisitions
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-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
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
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011