DOWNER EDI LIMITED — Major Shareholding Notification 2021

Apr 13, 2021

Form 605 Corporations Act 2001 Section 671B Notice of ceasing to be a substantial holder

To Company Name/Scheme:

DOWNER EDI LIMITED (ASX Code: DOW)

ACN/ARSN:

ACN 003 872 848

1. Details of substantial holder(1)

Name

Sumitomo Mitsui Trust Holdings, Inc. (SMTH) and its Subsidiaries as listed in Annexure 2

ACN/ARSN (if applicable) N/A The holder ceased to be a 12 April 2021 substantial holder on The previous notice was 16 February 2021 given to the company on The previous notice was dated 12 February 2021

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 of Change Person whose Nature of Consideration Class (6) and Person’s votes relevant interest Change (4) given in relation number of affected changed to change (5) securities affected See Annexure 1

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
Nikko AM Limited (NAML) Nikko Asset Management Australia Limited Nikko AM Equities Australia Pty Limited	Ceased to be a subsidiary and associate of Sumitomo Mitsui Trust Holdings, Inc. (SMTH) on 12th April 2021 following an acquisition by TA Universal Investment Holdings Ltd and Yarra Management Nominees PtyLtd.

4. Addresses

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

Name	Address
Nikko AM Limited (NAML)	Level 26, One International Towers Sydney, 100 Barangaroo Avenue,Barangaroo NSW 2000
Nikko Asset Management Co., Ltd (NAM)	Midtown Tower, 9-7-1 Akasaka, Minato-ku Tokyo 107-6242 Japan

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Sumitomo Mitsui Trust Asset Management Co., Ltd(SMTAM)	1-1-1 Shibakoen Minato-Ku, Tokyo 105-0011, Japan
Sumitomo Mitsui Trust Holdings, Inc. (SMTH)	1-4-1 Marunouchi, Chiyoda-ku, Tokyo 100- 8233,Japan

Signature

Print name Saffick Ramjahn Capacity Authorised Person of SMTH sign here Date 14 April 2021

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THIS IS ANNEXURE 1 OF 1 PAGE REFERED TO IN FORM 605 - NOTICE OF CEASING TO BE A SUBSTANTIAL SHAREHOLDER

Date Range of Change	Person whose Relevant Interest Changed	Nature of Change	Consideration Given in Relation to Change	Class & Number of Securities Affected		Person’s Votes Affected
15 February 2021 to 12 April 2021	Nikko AM Limited	Purchase of Shares	$ 14,804,468	Fully Paid Ordinary & 2,854,187		2,854,187
15 February 2021 to 12 April 2021	Nikko AM Limited	Sale of Shares	$ 1,993,013	Fully Paid Ordinary & 383,072		383,072
12 April 2021	Nikko AM Limited	Ceased to be a subsidiary of SMTH on 12thApril 2021	N/A	Fully Paid Ordinary & 53,484,319		53,484,319
15 February 2021 to 12 April 2021	Sumitomo Mitsui Trust Asset Management Co., Ltd (SMTAM)	Sale of Shares	$ 5,211	Fully Paid Ordinary & 1,012		1,012

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Annexure 2 – SMTH subsidiaries

This is Annexure 2 of 2 pages referred to in the Form 605 – Notice of ceasing to be a substantial shareholder

Sumitomo Mitsui Trust Holdings Inc. Subsidiaries: Sumitomo Mitsui Trust Bank, Limited Sumitomo Mitsui Trust Asset Management Co., Ltd. Sumitomo Mitsui Trust International Limited Sumitomo Mitsui Trust Asset Management Americas, Inc. Nikko Asset Management Co., Ltd. Nippon Institutional Securities Co., Ltd. Nikko Asset Management Americas, Inc. Nikko Asset Management Asia Limited Nikko Asset Management Europe Ltd Nikko Asset Management International Limited AIIMAN Asset Management Sdn.Bhd. Nikko Asset Management New Zealand Limited Nikko AM Americas Holding Co., Inc. Nikko AM Global Holdings Limited Nikko Asset Management Hong Kong Limited Nikko AM Global Cayman Limited Nikko AM (Cayman) Ltd Nikko Asset Management Luxembourg S.A. NAMA Investment Partneres,Inc. Affin Hwang Asset Management Berhad AccelVantage Academy Sdn.Bhd. Rongtong Fund Management Co., Ltd Shen Zhen Rongtong Capital Management Co., Ltd. Rongtong Global Investment Limited Bintang Capital Partners Berhad Mutual Fund & Insurance Research Institute UBS SuMi TRUST Wealth Management Co., Ltd. Sky Ocean Asset Management Co,Ltd. JP Asset Management Co.,Ltd. SBI Sumishin Net Bank, Ltd. SBI Sumishin Net Bank Card Co., Ltd. SBI Card Co., Ltd. NetMove Corporation Dayta Consulting Co., Ltd. Sumitomo Mitsui Trust General Service Co., Ltd. Sumitomo Mitsui Trust Career Partners Co., Ltd. HR One Corporation HR One Shanghai Co., Ltd. Sumitomo Mitsui Trust Systems & Services Co., Ltd. Sumitomo Mitsui Trust Guarantee Co., Ltd. Sumishin Guaranty Company Limited Sumitomo Mitsui Trust Wealth Partners Co., Ltd. Sumitomo Mitsui Trust Card Co., Ltd. Sumitomo Mitsui Trust Club Co., Ltd. Sumitomo Mitsui Trust Life Partners Co., Ltd. Sumitomo Mitsui Trust Business Service Co., Ltd. Cardif Assurance Vie Japan Cardif Assurances Risques Divers Japan Sumitomo Mitsui Trust Loan & Finance Co., Ltd. Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. Japan Machinery Leasing and Sales Co., Ltd. Sumitomo Mitsui Trust Leasing （ SINGAPORE ） Pte.Ltd. OIF(PANAMA) S.A. SMPT OCEAN PTE.LTD. Sumishin Life Card Company, Limited

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Zijin Trust Co., Ltd Nanjing Zijin Financial Leasing Co., Ltd. Marubeni SumiT Rail Transport Inc. Midwest Rail Corporation Sumitomo Mitsui Trust Bank(Thai) Public Company Limited BIDV-SuMi TRUST Leasing Co.,Ltd. Japan Management Succession Support Co. Ltd. GK Trust Capital Mezzanine Sumitomo Mitsui Trust Investment Co., Ltd. Sumitomo Mitsui Trust(Hong Kong) Limited Sumitomo Mitsui Trust Real Estate Investment Management Co., Ltd. Enex Asset Management Co., Ltd. Tokyo Securities Transfer Agent Co.,Ltd. Japan Securities Agents, Ltd. Sumitomo Mitsui Trust TA Solution, Ltd. Japan Stockholders Data Service Company ， Limited J-Eurus IR Co., Ltd. Japan Board Review Co., Ltd. Sumitomo Mitsui Trust Research Institute Co., Ltd. Sumitomo Mitsui Trust Realty Co., Ltd. Mitsui & Co., Logistics Partners Ltd. Custody Bank of Japan, Ltd. NS Holdings LLP Sumitomo Mitsui Trust Bank (Luxembourg)S.A. Sumitomo Mitsui Trust Bank (U.S.A.) Limited Sumitomo Mitsui Trust (Ireland) Limited SMT Fund Services (Ireland) Limited SMT Trustees (Ireland) Limited G.A.S. (Cayman) Limited Sumitomo Mitsui Trust (UK) Limited Japan Pension Operation Service, Ltd.

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