Deterra Royalties Limited — Major Shareholding Notification 2020

Dec 3, 2020

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Deterra Royalties Limited ACN/ARSN 641 743 348

1. Details of substantial holder (1)

Name United Super Pty Ltd ACN/ARSN (if applicable) 006 261 623

The holder ceased to be a substantial holder on 02 / 12 / 2020 The previous notice was given to the company on 20 / 11 / 2020 The previous notice was dated 20 / 11 / 2020

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature of change (4)	Consideration given inrelation to change (5)	Class (6) andnumber ofsecurities affected	Person's votesaffected
SeeAnnexureA

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Not Applicable

4. Addresses

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

Name	Address
United Super Pty Ltd	Level 22, 130 Lonsdale Street, Melbourne

Signature

re
print namesign here	Paul WoodburncapacityCompany Secretary
	date04/12/2020

605 Page 2 of 2 15 July 2001

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

Annexure A
Date of Change	Person whose relevantinterest changed	Nature ofchange (4)	Considerationgiven inrelation tochange (5)	Class ofsecuritiesaffected	Number ofsecurities affected	Person'svoteaffected
Opening balance 18/11/2020					26,696,766
20/11/2020	United Super Pty Ltd	BUY	54,059.57-$	Ordinary Shares	12,882	12,882
23/11/2020	United Super Pty Ltd	BUY	1,064,816.48-$	Ordinary Shares	245,671	245,671
24/11/2020	United Super Pty Ltd	SELL	681,795.00$	Ordinary Shares	150,000-	150,000
26/11/2020	United Super Pty Ltd	SELL	1,359.06$	Ordinary Shares	300-	300
27/11/2020	United Super Pty Ltd	SELL	924,000.00$	Ordinary Shares	200,000-	200,000
27/11/2020	United Super Pty Ltd	SELL	896,940.00$	Ordinary Shares	198,000-	198,000
2/12/2020	United Super Pty Ltd	SELL	1,045,220.00$	Ordinary Shares	220,000-	220,000
2/12/2020	United Super Pty Ltd	SELL	877,282.25$	Ordinary Shares	184,691-	184,691
2/12/2020	United Super Pty Ltd	SELL	3,800,000.00$	Ordinary Shares	800,000-	800,000
Closing balance 02/12/2020					25,202,328