BLUESCOPE STEEL LIMITED — Director's Dealing 2021

Jul 11, 2021

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	BlueScope Steel Limited
ABN	16 000 011 058

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	John Bevan
Date of last notice	10 March 2021

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.	See below under “No. of securities held after change”
Date of change	6 July 2021
No. of securities held prior to change	57,461 ordinary shares 2,927 Share Rights: FY2021 Non-Executive Director Fee Sacrifice Plan (Unvested – subject to a service based condition)
Class	Fully paid ordinary shares
Number acquired	2,927
Number disposed	0
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	No amount was payable by Mr Bevan. The shares were acquired as a result of the vesting of his Share Rights (see below under “Nature of change”).

• 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

60,388 ordinary shares comprising: • 5,062 shares held by Pacific Custodian Pty Ltd as trustee of the BlueScope Steel Employee Share Plan Trust • 3,881 shares held by J & S Bevan Family Trust • 51,445 shares held by Bond Street Custodians Ltd as nominee for J & S Bevan Personal Superannuation Fund

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 6 July 2021, 2,927 Share Rights held by Mr Bevan under the Company’s FY2021 Non- Executive Director Fee Sacrifice Plan vested in accordance with their terms and following their automatic exercise the equivalent number of ordinary shares were allocated to Mr Bevan. The shares are held on Mr Bevan’s behalf by the trustee of the BlueScope Steel Employee Share Plan Trust until the expiry of the applicable ‘restriction period’ in respect of the shares. While the shares are held by the trustee, Mr Bevan will be unable to deal with them. The ‘restriction period’ will end on 26 November 2035, or the date Mr Bevan ceases to be a Director of the Company, if that occurs earlier. The allocation of shares upon the vesting of the Share Rights was satisfied by shares purchased on market. Please note the Appendix 3Ys lodged on 4 January 2021 and 10 March 2021 in respect of Mr Bevan inadvertently misstated that 2,135 shares were held directly by Mr Bevan instead of being held by the trustee of the BlueScope Steel Employee Share Plan Trust. This misstatement has been corrected by this 3Y.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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
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

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

Appendix 3Y Page 3