DEXUS — Director's Dealing 2021

Nov 22, 2021

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 Property Trust (DPT)
	Dexus Operations Trust(DXO)
ABN	24 595 854 202 (DPT)
	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	17 August 2021

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(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Performance Rights granted under the2021 Short Term Incentive (STI) RightsPlan and the 2021 Long Term Incentive(LTI) Rights Plan.
Date of change	19 November 2021

• 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	No. of securities held prior to change	No. of securities held prior to change	Performance Rights granted under the2020 STI Rights Plan giving the right to14,770 securitiesPerformance Rights granted under the2020 and previous LTI Rights Plans givingthe right to 548,342 securitiesPerformance Rights granted under theCEO Incentive Award giving the right to356,335 securities1,207,167securities	Performance Rights granted under the2020 STI Rights Plan giving the right to14,770 securitiesPerformance Rights granted under the2020 and previous LTI Rights Plans givingthe right to 548,342 securitiesPerformance Rights granted under theCEO Incentive Award giving the right to356,335 securities1,207,167securities	Performance Rights granted under the2020 STI Rights Plan giving the right to14,770 securitiesPerformance Rights granted under the2020 and previous LTI Rights Plans givingthe right to 548,342 securitiesPerformance Rights granted under theCEO Incentive Award giving the right to356,335 securities1,207,167securities
			202014,77	STI Rights Plan givi0 securities	ng the right to
			Perf2020	ormance Rights granteand previous LTI Rig	d under thehts Plans giving
			the rPerfCEO	ight to 548,342 securiormance Rights granteIncentive Award giv	tiesd under theing the right to
			356,	335 securities
Class			Ordinary
Number acquired			271,881 Performance Rights comprised of:46,876 Rights granted under the 2021 STIRights Plan and 225,005 Rights grantedunder the 2021 LTI Rights Plan.
Number disposed			Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation			No cash consideration.$2,899,991 cash equivalent (using thevolumeweightedaveragepriceofSecurities ten trading days either side of 1July 2021 of $10.6664)
No. of securities held after change			Performance Rights granted under the2021 and previous STI Rights Plan givingthe right to 61,646 securitiesPerformance Rights granted under the2021 and previous LTI Rights Plans givingthe right to 773,347 securitiesPerformance Rights granted under theCEO Incentive Award giving the right to356,335 securities1,207,167securities
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back			Grant of Performance Rights under the2021 Short-Term Incentive (STI) RightsPlan and the 2021 Long-Term Incentive(LTI) Rights Plan.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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 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

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3