FLEETWOOD LIMITED — Share Issue/Capital Change 2021

Jul 4, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

FLEETWOOD LIMITED

Date of this announcement

Monday July 05, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
FWDAR	PERFORMANCE RIGHTS	85,837	01/07/2021

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

FLEETWOOD LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ACN

Registration number

009205261

1.3 ASX issuer code

FWD

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/7/2021

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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has an existing ASX security code ("existing class")

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

FWDAR : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

1/7/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP Name of registered holder Number of +securities
Bruce Nicholson Bruce Nicholson 85,837
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme
or a summary of the terms https://s31925.pcdn.co/wp-content/uploads/2020/10/Fleetwood-Notice-of-Annual-General-Meeting-FINAL-with-Proxy-For
m.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

In accordance with Fleetwood's 6 April 2021 ASX announcement, 85,837 performance rights are being issued to Bruce Nicholson, Fleetwood's newly appointed Chief Executive Officer, as a commencement incentive. The performance rights will vest on 1 July 2022 on the condition the Chief Executive Officer is still employed by Fleetwood. If the Chief Executive Officer's employment is terminated for convenience before 1 July 2022, the performance rights will vest on termination of employment. The terms and conditions of the Fleetwood Long Term Incentive Plan apply.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

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Number of +securities

85,837

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)
	Total number of
ASX +security code and description	+securities on issue
FWD : ORDINARY FULLY PAID	94,198,742
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not	quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
FWDAR : PERFORMANCE RIGHTS	2,531,541

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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