BWP GROUP — Director's Dealing 2022

Feb 27, 2022

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name of entity : BWP Management Limited, the responsible entity for the BWP Trust

ABN : 26 082 856 424

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Erich Fraunschiel
Date of last notice	2 March 2015
Date that director ceased to be director	28 February 2022

Part 1 – Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

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• See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interest	Number & class of securities	Number & class of securities
	Note: Provide details of the circumstances giving riseto the relevant interestRegistered holderMontrose Investments (WA) Ptyd h hl l	111,766 units in BWP Trust
	Lt ATF <Te Fraunscie FamiyA/C>Nature of interestErich Fraunschiel is a beneficiary ofthe Trust

Part 3 – Director’s interests in contracts

	Detail of contract	N/A	N/A	N/A
	Nature of interest	N/A
	Name of registered holder	N/A
	(if issued securities)
	No. and class of securities to whichinterest relates	N/A

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002