CSL Ltd. — Director's Dealing 2021

Jan 3, 2021

For immediate release

Date 04 January 2021

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Change of Director’s Interest Notice

CSL Limited (ASX:CSL; USOTC:CSLLY)

The attached Appendix 3Y relates to changes in the relevant interest in the Company’s securities held by the Chief Executive Officer (CEO) of CSL Limited, Mr Paul Perreault.

Mr Perreault converted 1,665 shares into 3,330 American Depository Receipts (ADRs) and then transferred the 3,170 ADRs for philanthropic commitments. Mr Perreault also actioned a transfer of shares to a custodian account. Mr Perreault will remain the underlying beneficial owner of the shares in the custodian account.

Following these transactions, Mr Perreault continues to hold a significant interest in the Company’s securities, comprising 163,161 ordinary shares. This represents a shareholding of over twenty times Mr Perreault’s salary, which is well above CSL’s minimum guideline for its CEO to hold shares worth three times salary, and is a reflection of the Company’s remuneration model that links executive pay to the continued achievement of CSL’s long-term strategy.

Further details are provided in the Appendix 3Y.

Authorised by Fiona Mead Company Secretary and Head of Corporate Governance

FURTHER INFORMATION

For further information, please contact:

Investors: Media: Bernard Ronchi Christina Hickie Senior Manager Investor Relations Senior Manager Communications CSL Limited CSL Limited Telephone +613 9389 3470 Mobile +61 429 609 762 Email bernard.ronchi@csl.com.au Email christina.hickie@csl.com.au

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® Trademarks of CSL Limited or its affiliates.

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 CSL Limited ABN 99 051 588 348

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	Paul Perreault
Date of last notice	16 October 2020

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 and Indirect interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Solium Nominees (Australia) Pty Ltd as custodian for the CSL Limited Performance Rights Plan (the Plan) FidelityInvestmentsInc.
Date of change	24 December 2020
No. of securities held prior to change	Direct: 127,381 Ordinary Shares Indirect: 97,719 Performance Share Units 37,445 Ordinary Shares
Class	Ordinary Shares American Depository Receipts
Number acquired	3,330 American Depository Receipts
Number disposed	1,665 Ordinary Shares 3,170 American Depository Receipts

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	No consideration was paid or received from the conversion of 1,665 Ordinary Shares to 3,330 American Depository Receipts. No consideration was received from the transfer of 3,170 American Depository Receipts. The value of the transferred American Depository Receipts was $917,778.40 (being 3,170 American Depository Receipts at a price of $289.52 being the opening share price on date of transfer).
No. of securities held after change	Direct: Nil. Indirect: 97,719 Performance Share Units held by Solium Nominees (Australia) Pty Ltd as custodian for the CSL Limited Performance Rights Plan (the Plan). 163,161 Ordinary Shares held by Fidelity Investments Inc. as custodian for Paul and Beverly Perreault. 160 American Depository Receipts held by Fidelity Investments Inc. as custodian for Paul and Beverly Perreault.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of 1,665 Ordinary Shares to 3,330 American Depository Receipts for a subsequent transfer for philanthropic purposes. Transfer of ownership for philanthropic purposes – 3,170 American Depository Receipts. Transfer of shares to a custodian account – 163,161 shares.

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	No
Nature of interest
Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 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?
If prior written clearance was provided, on what date was this provided?

Fiona Mead Company Secretary

4 January 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3