DEXUS — Director's Dealing 2021

Aug 16, 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 7 July 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 relevant interest.	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 Steinberg Family A/C>
Date of change	10 August 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	Performance Rights granted under the 2020 and previous STI Rights Plans giving the right to 48,091 securities Performance Rights granted under the 2020 and previous LTI Rights Plans giving the right to 768,255 securities Performance Rights granted under the CEO Incentive Award giving the right to 356,335 securities 990,998 securities
Class	Ordinary
Number acquired	216,169 securities comprised of: 95,866 securities (vesting of Performance Rights granted under tranche #2 of the 2017 LTI Rights Plan), 84,433 securities (vesting of Performance Rights granted under tranche #1 of the 2018 LTI Rights Plan), 18,551 securities (vesting of Performance Rights granted under tranche #2 of the 2019 STI Rights Plan), 1,815 securities (being securities with a value equal to the distributions paid on 18,551 securities during the life of tranche #2 of the 2019 STI Rights Plan), 14,770 securities (vesting of Performance Rights granted under tranche #1 of the 2020 STI Rights Plan), 734 securities (being securities with a value equal to the distributions paid on 14,770 securities during the life of tranche #1 of the 2020 STI Rights Plan).
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	No cash consideration. $2,305,753 cash equivalent (using the volume weighted average price of Securities ten trading days either side of 1 July 2021 of $10.6664)

• 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 2020 STI Rights Plan giving the right to 14,770 securities Performance Rights granted under the 2020 and previous LTI Rights Plans giving the right to 548,342 securities Performance Rights granted under the CEO Incentive Award giving the right to 356,335 securities 1,207,167 securities
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.

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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