DEXUS — Director's Dealing 2020

Aug 24, 2020

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	Dexus comprising the stapled securities of
	Dexus Diversified Trust (DDF)
	Dexus Office Trust (DOT)
	Dexus Industrial Trust (DIT)
	Dexus Operations Trust(DXO)
ABN	60 575 572 573 (DDF)
	45 098 862 531 (DOT)
	27 957 640 288 (DIT)
	69 645 176 383 (DXO)

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 Darren Joseph Steinberg

Date of last notice 14 November 2019

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 Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Date of change	Indirect
	Vesting of Performance Rights granted under the Short-Term Incentive (STI) Rights Plan and the Long-Term Incentive (LTI) Rights Plan. DJS Investment Holdings Pty Ltd SteinbergFamilyA/C>
	18 August 2020

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Performance Rights granted under the 2019 and previous STI Rights Plans giving the right to 60,388 securities Performance Rights granted under the 2019 and previous LTI Rights Plans giving the right to 716,386 securities 748,622securities
Class	Ordinary
Number acquired	242,376 securities comprised of: 98,466 securities (vesting of Performance Rights granted under tranche #2 of the 2016 LTI Rights Plan), 98,426 securities (vesting of Performance Rights granted under tranche #1 of the 2017 LTI Rights Plan), 23,285 securities (vesting of Performance Rights granted under tranche #2 of the 2018 STI Rights Plan), 2,608 securities (being securities with a value equal to the distributions paid on 23,285 securities during the life of tranche #2 of the 2018 STI Rights Plan), 18,552 securities (vesting of Performance Rights granted under tranche #1 of the 2019 STI Rights Plan), 1,039 securities (being securities with a value equal to the distributions paid on 18,552 securities during the life of tranche #1 of the 2019 STI Rights Plan).
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	No cash consideration. $2,338,395 cash equivalent (using the volume weighted average price of Securities ten trading days either side of 1 July2020 of $9.6478)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Performance Rights granted under the 2019 STI Rights Plans giving the right to 18,551 securities Performance Rights granted under the 2019 and previous LTI Rights Plans giving the right to 519,494 securities 990,998securities
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Vesting of Performance Rights granted under the Short-Term Incentive (STI) Rights Plan and the Long-Term Incentive (LTI) Rights Plan.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011