COCHLEAR LIMITED — Director's Dealing 2017

Sep 10, 2017

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 Cochlear Limited ABN 96 002 618 073

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	Bruce Gregory Robinson
Date of last notice	16 December 2016

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	The indirect interest relates to the 322
(including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	newly acquired ordinary shares notified in this Appendix 3Y. The registered holder
	of these shares is Brak Super Pty Ltd
	ACN 156 070 307 as trustee for the Brak
	Superfund. Mr Robinson is a director of
	Brak Super Pty Ltd and is a beneficiary of
	the Brak Superfund.
Date of change	5 September 2017
No. of securities held prior to change	Nil
Class	Fully paid ordinary shares
Number acquired	322
Number disposed	Nil
Value/Consideration	$155.40 per share
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	322 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On-market trade 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

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

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above	No
traded during a+closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	Not applicable
proceed duringthisperiod?
If prior written clearance was provided, on what date was this	Not applicable
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011