GRAINCORP LIMITED — Director's Dealing 2023

Nov 23, 2023

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

Introduced 30/09/01 Amended 01/01/11
Name of entity	GrainCorp Limited (GrainCorp)
ABN	60 057 186 035

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	Robert Spurway
Date of last notice	9 March 2023

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	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Spurway Family Investments Pty Ltd as trustee for is the registered holder of ordinary shares in GrainCorp (Ordinary Shares), as described below. Robert Spurway is a director of Spurway Family Investments Pty Ltd and is a beneficiary of the
Date of change	20 November 2023 (vesting of Performance Rights and Deferred Equity Rights into Ordinary Shares)
No. of securities held prior to change	Direct: Ordinary Shares: 12,504 Deferred Equity Rights: 151,175 Performance Rights: 544,669 Indirect: Ordinary Shares:349,690

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	a) Ordinary Shares b) Rights issued in accordance with GrainCorp’s short- term incentive plan (STI Plan) for the financial year ended 30 September 2021 (FY21) and the financial year ended 30 September 2022 (FY22), as outlined in GrainCorp’s FY21 and FY22 remuneration reports (respectively) (Deferred Equity Rights) c) Rights issued in accordance with GrainCorp’s long- term incentive plan (LTI Plan) for FY21 (which was approved by GrainCorp shareholders on 11 February 2021), as outlined in GrainCorp’s FY21 remuneration report (Performance Rights)
Number acquired	Deferred Equity Rights: 103,421 Performance Rights: 239,259
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Consideration: Nil. As outlined in GrainCorp’s remuneration report for the financial year ended 30 September 2023: • 55,667 Deferred Equity Rights vested and converted into Ordinary Shares for nil consideration in accordance with GrainCorp’s STI Plan for FY21; • 47,754 Deferred Equity Rights vested and converted into Ordinary Shares for nil consideration in accordance with GrainCorp’s STI Plan for FY22; and • 239,259 Performance Rights vested and converted into Ordinary Shares for nil consideration in accordance with GrainCorp’s LTI Plan for FY21.
No. of securities held after change	Direct: Ordinary Shares: 12,504 Deferred Equity Rights: 47,753 Performance Rights: 305,410 Indirect: Ordinary Shares: 692,370
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: • balance of the FY21 Deferred Equity Rights and transfer of Ordinary Shares after the end of the deferral period that applied to those Deferred Equity Rights; • 50 percent of the FY22 Deferred Equity Rights and transfer of Ordinary Shares after the end of the deferral period that applied to those Deferred Equity Rights; and • FY21 Performance Rights pursuant to the FY21 LTI Plan and transfer of Ordinary Shares in relation to those Performance Rights.

• 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	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
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	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3