DOWNER EDI LIMITED — Major Shareholding Notification 2021

Feb 15, 2021

Form 604

Corporations Act 2001

Section 671B

Notice of Change of Interests of Substantial Holder

To Company Name/Scheme: DOWNER EDI LIMITED (ASX Code: DOW) ACN/ARSN: ACN 003 872 848

1. Details of Substantial Holder

Name: Sumitomo Mitsui Trust Holdings, Inc. (SMTH) and its Subsidiaries as listed in Annexure 3

ACN/ARSN (if applicable)

n/a

There was a change in the Interests 12 February 2021 of the Substantial Holder on:

The previous notice was given to the company on: 11 May 2020 The previous notice was dated: 07 May 2020

2. Previous & Present Voting Power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of Securities	Previous Notice	Previous Notice	Present Notice	Present Notice
	Person's Votes	Voting Power	Person's Votes	Voting Power
Fully Paid Ordinary	37,739,692	6.35%	51,609,642	7.36%

3. Changes in Relevant Interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 Relevant Interest Changed	Nature of Change	Consideration Given in Relation to Change	Class & Number of Securities Affected	Person’s Votes Affected
Refer Annexure 1

4. Present Relevant Interest

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of Relevant Interest	Registered Holder of Securities	Persons Entitled to be Registered as Holder	Nature of Relevant Interest	Class & Number of Securities	Persons Votes
Refer Annexure 2

5. Changes in Association

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

Name & ACN/ARSN (if applicable)	Nature of Association
n/a

6. 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
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 Signed: Date: 16 February 2021

ANNEXURE 1

Part 3 - Changes in Relevant Interests

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
08 May 2020 to 12 February 2021	Nikko AM Limited (NAML)	Purchase of Shares	$ 99,457,502	Fully Paid Ordinary & 21,796,801	21,796,801
08 May 2020 to 12 February 2021	Nikko AM Limited (NAML)	Sale of Shares	$ 30,977,464	Fully Paid Ordinary & 6,897,728	6,897,728
08 May 2020 to 12 February 2021	Nikko AM Limited (NAML)	In specie-out	N/A	Fully Paid Ordinary & 1,103,622	1,103,622
08 May 2020 to 12 February 2021	Nikko Asset Management Co., Ltd (NAM)	Purchase of Shares	$ 364,215	Fully Paid Ordinary & 85,057	85,057
08 May 2020 to 12 February 2021	Nikko Asset Management Co., Ltd (NAM)	Sale of Shares	$ 1,294,600	Fully Paid Ordinary & 280,852	280,852
08 May 2020 to 12 February 2021	Nikko Asset Management Co., Ltd (NAM)	In specie-in	N/A	Fully Paid Ordinary & 98,972	98,972
08 May 2020 to 12 February 2021	Sumitomo Mitsui Trust Asset Management Co., Ltd (SMTAM)	Purchase of Shares	$ 990,030	Fully Paid Ordinary & 178,974	178,974
08 May 2020 to 12 February 2021	Sumitomo Mitsui Trust Asset Management Co., Ltd (SMTAM)	Sale of Shares	$ 40,465	Fully Paid Ordinary & 7,652	7,652

ANNEXURE 2

Part 4 - Present Relevant Interest

Holder of Relevant Interest	Registered Holder of Securities	Person Entitled to be Registered as Holder	Nature of Relevant Interest	Class & Number of Securities	Person’s Votes
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 4,336,099	4,336,099
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 958,889	958,889
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 247,936	247,936
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 307,312	307,312
Nikko AM Limited (NAML)	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd Level 26, Grosvenor Place, 225 George Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 451,737	451,737
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 2,220,673	2,220,673
Nikko AM Limited (NAML)	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited Level 25	Investment Manager	Fully Paid Ordinary & 4,787,028	4,787,028

Holder of Relevant Interest	Registered Holder of Securities	Person Entitled to be Registered as Holder	Nature of Relevant Interest	Class & Number of Securities	Person’s Votes
		2 Park Street SYDNEY NSW 2000
Nikko AM Limited (NAML)	National Australia Bank Limited (NAB Custodian Services)	National Australia Bank Limited (NAB Custodian Services) Level 23, 255 George St, Sydney NSW 2000 Australia	Investment Manager	Fully Paid Ordinary & 1,968,295	1,968,295
Nikko AM Limited (NAML)	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited Level 25 2 Park Street SYDNEY NSW 2000	Investment Manager	Fully Paid Ordinary & 260,765	260,765
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 474,973	474,973
Nikko AM Limited (NAML)	National Australia Bank Limited (NAB Custodian Services)	National Australia Bank Limited (NAB Custodian Services) Level 23, 255 George St, Sydney NSW 2000 Australia	Investment Manager	Fully Paid Ordinary & 1,424,686	1,424,686
Nikko AM Limited (NAML)	Citicorp Nominees Pty Limited	Citicorp Nominees Pty Limited Level 25 2 Park Street SYDNEY NSW 2000	Investment Manager	Fully Paid Ordinary & 794,103	794,103
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 1,463,537	1,463,537

Holder of Relevant Interest	Registered Holder of Securities	Person Entitled to be Registered as Holder	Nature of Relevant Interest	Class & Number of Securities	Person’s Votes
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 2,093,234	2,093,234
Nikko AM Limited (NAML)	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd Level 26, Grosvenor Place, 225 George Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 448,711	448,711
Nikko AM Limited (NAML)	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd Level 26, Grosvenor Place, 225 George Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 227,619	227,619
Nikko AM Limited (NAML)	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited Level 36, Tower 1, International Towers Sydney, 100 Barangaroo Avenue, SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 4,945,720	4,945,720
Nikko AM Limited (NAML)	BNP Paribas Security Services PtyLtd	BNP Paribas Security Services Pty Ltd 60 Castlereagh Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 377,643	377,643
Nikko AM Limited (NAML)	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd Level 26, Grosvenor Place, 225 George Street SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 2,206,782	2,206,782
Nikko AM Limited (NAML)	JP Morgan Nominees Australia Ltd	JP Morgan Nominees Australia Ltd	Investment Manager	Fully Paid Ordinary & 5,724,407	5,724,407

Holder of Relevant Interest	Registered Holder of Securities	Person Entitled to be Registered as Holder	Nature of Relevant Interest	Class & Number of Securities	Person’s Votes
		Level 26, Grosvenor Place, 225 George Street SydneyNSW 2000
Nikko AM Limited (NAML)	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited Level 36, Tower 1, International Towers Sydney, 100 Barangaroo Avenue, SydneyNSW 2000	Investment Manager	Fully Paid Ordinary & 1,366,480	1,366,480
Nikko AM Limited (NAML)	State Street Australia Limited	State Street Australia Limited, 420 George Street, Sydney, NSW 2000	Investment Manager	Fully Paid Ordinary & 8,528,689	8,528,689
Nikko AM Limited (NAML)	State Street Australia Limited	State Street Australia Limited, 420 George Street, Sydney, NSW 2000	Investment Manager	Fully Paid Ordinary & 248,025	248,025
Nikko AM Limited (NAML)	State Street Australia Limited	State Street Australia Limited, 420 George Street, Sydney, NSW 2000	Investment Manager	Fully Paid Ordinary & 5,149,861	5,149,861
Nikko Asset Management Co., Ltd(NAM)	Mizuho Trust & BankingCo.,Ltd.	1-2-1 Yaesu,Chuo-ku,Tokyo	Investment Manager	Fully Paid Ordinary & 416,452	416,452
Sumitomo Mitsui Trust Asset Management Co.,Ltd.(SMTAM)	Custody Bank of Japan,Ltd.	1-8-11 Harumi,Chuo-ku,Tokyo 104- 6107,Japan	Investment Manager	Fully Paid Ordinary & 1,012	1,012
Sumitomo Mitsui Trust Asset Management Co.,Ltd.(SMTAM)	Northern Trust Co Singapore	One George Street #12-06 049145,Singapore	Investment Manager	Fully Paid Ordinary & 178,974	178,974

Annexure 3 Sumitomo subsidiaries

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 Australia Limited Nikko Asset Management Europe Ltd Nikko AM Limited 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. Nikko AM Equities Australia Pty Limited 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 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.