ASSOCIATE GLOBAL PARTNERS LIMITED — Director's Dealing 2026

May 14, 2026

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

Associate Global Partners Limited (the “Company”)
ABN 56 080 277 998

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	Brett Peter Cairns
Date of last notice	28 April 2026

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 interest
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	1) Euclid Pty Limited - director and a shareholder
2) Euclid Pty Limited (Azeotropic Super Fund A/c) - a beneficiary of Azeotropic Super Fund
3) Euclid Pty Limited (The Da Vinci A/C) - a beneficiary of Trust
Date of change	12 May 2026
No. of securities held prior to change	Ordinary Shares held in the Company:
1) 7,952,204 Fully paid ordinary shares
2) 910,739 Fully paid ordinary shares

Units held in listed funds managed by the Company’s subsidiary (Responsible entity) – all held indirectly:
3) WCM Quality Global Growth Fund - Active ETF: 10,231 units |
| Class | Units |
| Number acquired | 3) 3,000 units |

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

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Appendix 3Y

Change of Director's Interest Notice

Number disposed	Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	$19.17 per unit
No. of securities held after change	Ordinary Shares held in the Company:
1) 7,952,204 Fully paid ordinary shares
2) 910,739 Fully paid ordinary shares

Units held in listed funds managed by the Company's subsidiary (Responsible entity) – all held indirectly:
3) WCM Quality Global Growth Fund - Active ETF: 10,231 units
Muzinich BDC Income Fund – Active ETF: 3,000 units |
| Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | On-market trade. |

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 (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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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Appendix 3Y
Change of Director's Interest Notice

Interest after change	N/A

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?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.
  01/01/2011