IDP EDUCATION LIMITED — Major Shareholding Notification 2021

Jul 22, 2021

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme IDP Education Ltd.

ACN/ARSN

1. Details of substantial holder (1)

Name The Capital Group Companies, Inc. ("CGC"), and its related bodies corporate *

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 21-Jul-2021

The previous notice was given to the company on 02-Jun-2021

The previous notice was dated 02-Jun-2021

• The Capital Group Companies, Inc. (“CGC”) is the parent company of Capital Research and Management Company (“CRMC”) and Capital Bank & Trust Company (“CB&T”). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. (“CGII”), which in turn is the parent company of five investment management companies (“CGII management companies”): Capital International, Inc., Capital International Limited, Capital International Sàrl,Capital International K.K, and Capital Group Private Client Services, Inc.CGII management companies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of your company for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

2. Previous and 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 (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

follows:
Class of securities(4)	Previous Notice		Present Notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
Common Stock	19,667,053	7.07%	16,882,064	6.07%

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 (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
See Annexure "A"

4. Present relevant interests

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	Person entitled to be registered as holder(8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
See Annexure "B"

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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
N/A

6. Addresses

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

of persons named in this form are as follows:
Name	Address
The Capital GroupCompanies, Inc.	333 South Hope Street, 55th Fl, Los Angeles CA 90071, USA
Capital Research and Management Company	333 South Hope Street, 55th Fl, Los Angeles CA 90071, USA

Signature

print name sign here	Donald H. Rolfe capacity Authorized Signer
	date 22-Jul-2021

Annexure "A"

3. Changes in relevant interests (from 02-Jun-2021 to 21-Jul-2021 )

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 (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
02-Jun-2021	Capital Research and Management Company	Disposed on market	-2,922,864.84 AUD	-131,928 Common Stock	-131,928
02-Jun-2021	Capital Research and Management Company	Disposed on market	-862,845.68 AUD	-38,958 Common Stock	-38,958
03-Jun-2021	Capital Research and Management Company	Disposed on market	-6,524,250.00 AUD	-300,000 Common Stock	-300,000
03-Jun-2021	Capital Research and Management Company	Disposed on market	-166,168.42 AUD	-7,479 Common Stock	-7,479
03-Jun-2021	Capital Research and Management Company	Disposed on market	-94,760.62 AUD	-4,265 Common Stock	-4,265
03-Jun-2021	Capital Research and Management Company	Disposed on market	-62,754.16 AUD	-2,826 Common Stock	-2,826
04-Jun-2021	Capital Research and Management Company	Disposed on market	-42,073,071.88 AUD	-1,920,268 Common Stock	-1,920,268
04-Jun-2021	Capital Research and Management Company	Disposed on market	-888,155.91 AUD	-40,390 Common Stock	-40,390
07-Jun-2021	Capital Research and Management Company	Disposed on market	-1,305,184.79 AUD	-59,610 Common Stock	-59,610
09-Jun-2021	Capital Research and Management Company	Disposed on market	-3,451,800.45 AUD	-153,651 Common Stock	-153,651
01-Jul-2021	Capital Research and Management Company	Acquired on market	24,453.00 AUD	990 Common Stock	990
21-Jul-2021	Capital Research and Management Company	Disposed on market	-2,642,406.80 AUD	-88,931 Common Stock	-88,931
21-Jul-2021	Capital Research and Management Company	Disposed on market	-1,106,079.28 AUD	-37,673 Common Stock	-37,673

This is Annexure "A" referred to in the Form 604 "Notice of change of interests of substantial holder"

The Capital Group Companies, Inc.

Signature print name sign here	The Capital Group Companies, Inc. Donald H. Rolfe capacity Authorized Signer
	date 23-Jul-2021

Annexure "B"

4. Present relevant interests

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	Person entitled to be registered as holder(8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Capital Research and Management Company	STATE STREET BANK AND TRUST COMPANY BOSTON	Capital Research and Management Company	Voting rights and right to dispose	11,801,188 Common Stock	11,801,188
Capital Research and Management Company	JPMORGAN CHASE BANK	Capital Research and Management Company	Voting rights and right to dispose	3,502,404 Common Stock	3,502,404
Capital Research and Management Company	STATE STREET TRUST COMPANY OF CANADA	Capital Research and Management Company	Voting rights and right to dispose	1,550,000 Common Stock	1,550,000
Capital Research and Management Company	JP MORGAN BANK LUXEMBOURG	Capital Research and Management Company	Voting rights and right to dispose	28,472 Common Stock	28,472

This is Annexure "B" referred to in the Form 604 "Notice of change of interests of substantial holder"

Signature print name sign here	The Capital Group Companies, Inc. Donald H. Rolfe capacity Authorized Signer
	date 22-Jul-2021