CHARTER HALL GROUP — Major Shareholding Notification 2020

May 20, 2020

Form 603 Corporations Act 2001 Section 671B

Notice of Initial Substantial Holder

To: CHARTER HALL GROUP

ACN/ARSN:

1. Details of substantial holder (1)

Name: FIL Limited and the entities listed in Annexure A ("FIL") ACN/ARSN (if applicable)

The holder became a substantial holder on

18 May 2020

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of Securities (4)	Number of securities	Person’s votes (5)	Voting power (6)
STAPLED SECURITY	23,507,133	23,507,133	5.05%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Refer to Annexure A

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Refer to Annexure A

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

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----- Start of picture text ----- Date of Acquisition Holder of Consideration (9) Class andRelevant Interest Number of SecuritiesSTAPLED SECURITY02/19/2020 FIL 14.0000 AUD 79,96702/19/2020 FIL 14.0000 AUD 279,62502/21/2020 FIL 13.9149 AUD 55,62902/21/2020 FIL 13.9149 AUD 152,08103/06/2020 FIL 11.8740 AUD 38,07203/20/2020 FIL 7.1115 AUD 32,47903/20/2020 FIL 7.1115 AUD 68,98003/20/2020 FIL 7.1115 AUD 90,20604/06/2020 FIL 7.3923 AUD 54,022----- End of picture text -----

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----- Start of picture text ----- 04/06/2020 FIL 7.3923 AUD 132,39004/06/2020 FIL 7.3923 AUD 143,99904/17/2020 FIL 7.8349 AUD 76,62204/17/2020 FIL 7.8349 AUD 78,15904/17/2020 FIL 7.8349 AUD 213,15105/15/2020 FIL 7.9212 AUD 111,07105/18/2020 FIL 8.2000 AUD 78,80105/18/2020 FIL 8.2000 AUD 80,67005/18/2020 FIL 8.2000 AUD 226,975Total Buys 1,992,899----- End of picture text -----

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are all follows:

Name and ACN/ARSN (if applicable) Nature of association N/A

7. Addresses

The addresses of persons named in this form are as follows:

Refer to Annexure A

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Sign Here ____________________________________

Dated: 20 May 2020 Jen Li

Head of Regulatory Reporting, Asia Pacific Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A

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----- Start of picture text ----- Investment Manager Address Custodian Nature of Relevant Interest Sum of Numerator SharesFIL Investment Level 11, 167 CITIBANK LONDON 3,480,996Management Macquarie Street, JP MORGAN,3,254,624(Australia) Limited Sydney, NSW 2000, BOURNEMOUTH (C)Australia JPMORGAN CHASE BANK 866,967NATIONAL ASTL BK3,455,323MELBOURNE (S) Investment Discretion /NORTHERN TRUST Voting Power2,365,685LONDON (C)FIL Responsible Level 11, 167Entity (Australia) Macquarie Street, JP MORGAN,10,083,538Limited Sydney, NSW 2000, BOURNEMOUTH (C)AustraliaGrand Total 23,507,133----- End of picture text -----