CODAN LIMITED — Director's Dealing 2026

Feb 23, 2026

5.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: Codan Limited

ABN: 77 007 590 605

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	Graeme Rodger Crawford BARCLAY
Date of last notice	3 September 2025

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	24 February 2026
No. of securities held prior to change	Ordinary Shares - Basslay Pty Ltd astrustee for Barclay Family Trust - 103,590Ordinary Shares – The G R C BarclaySuperannuation Fund – 5,162Ordinary Shares – First HorizonInvestments Pty Ltd – 15,000Ordinary Shares – Graeme Barclay – 2,392NED Rights – Graeme Barclay– 2,283
Class	Ordinary Shares
Number acquired	2,283
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$29.4561

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Ordinary Shares - Basslay Pty Ltd astrustee for Barclay Family Trust - 103,590Ordinary Shares – The G R C BarclaySuperannuation Fund – 5,162Ordinary Shares – First HorizonInvestments Pty Ltd – 15,000Ordinary Shares – Graeme Barclay – 4,675
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Issue of shares following exercise of NEDRights under Codan Share Rights PlanRules.

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the N/A trade to proceed during this period? If prior written clearance was provided, on what date was N/A this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011