IPD GROUP LTD — Director's Dealing 2024

Jun 3, 2024

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ABN 12 111 178 351

43 Newton Road, Wetherill Park, NSW 2164 PO Box 6422, Wetherill Park, NSW 1851

Tel: 02 9645 0777

Lodgment of Appendix 3Y

4 June 2024

IPD Group Limited (ASX: IPG, “IPD” or the “Company”) notes the release of the attached Change of Director's Interest Notice for CEO Michael Sainsbury.

Mr Sainsbury’s sale of 353k shares was made to fund the recent purchase of a primary residence.

He has retained approximately 75% of his shareholding and has advised the Board that he has no current intention to further sell shares.

For further information, please visit our website https://ipdgroup.com.au/ or contact us directly at investorrelations@ipd.com.au.

This release has been authorised by the IPD Group Limited Board of Directors.

-- ENDS --

About IPD

As a provider of electrical solutions in energy management and automation, IPD is dedicated to enhancing electrical infrastructure. The company focuses on energy efficiency, automation, and secure connectivity, prioritising the safety and wellbeing of people. Committed to innovation, IPD plays a pivotal role in the electrification and decarbonisation of the economy, paving the way for a cleaner, interconnected tomorrow.

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

Name of entity: IPD Group Limited

ABN: 12 111 178 351

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	Michael Sainsbury
Date of last notice	13 December 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 relevantinterest.	M & J Sainsbury Pty Ltd <M & J SainsburySuperfund>1Michael Thomas Sainsbury & Julie AnneSainsbury <The Sainsbury Family A/C>21Michael Sainsbury is a director of the trusteecompany and a beneficiary of the fund2Michael Sainsbury is joint trustee and abeneficiary of the trust
Date of change	30 May 2024 - 40,900 Fully Paid OrdinaryShares31 May 2024 - 312,100 Fully PaidOrdinary Shares

• See chapter 19 for defined terms. 01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct262,761 Ordinary Fully Paid Shares57,223 FY22 Performance Rights issuedpursuant to the Company’s EmployeeIncentive Plan and subject to vestingconditions set out in the Company’sProspectus lodged with ASX on 15December 2021.89,683 FY23 Performance Rights issuedpursuant to the Company’s EmployeeIncentive Plan and subject to vestingconditions set out in the Notice of Meetinglodged with ASX on 27 October 2022.Indirect288,207 Ordinary Fully Paid Shares heldby M & J Sainsbury Pty Ltd <M & JSainsbury Superfund>1842,020 Ordinary Fully Paid Shares heldby Michael Thomas Sainsbury & Julie AnneSainsbury <The Sainsbury Family A/C>256,700 FY24 Performance Rights issuedpursuant to the Company’s EmployeeIncentive Plan and subject to vestingconditions set out in the Notice of Meetinglodged with ASX on 27 October 2023 heldby Michael Thomas Sainsbury & Julie AnneSainsbury <The Sainsbury Family A/C>21Michael Sainsbury is a director of the trusteecompany and a beneficiary of the fund2Michael Sainsbury is joint trustee and a beneficiaryofthe trust
Class	Fully Paid Ordinary Shares
Number acquired	NIL
Number disposed	353,000Fully Paid Ordinary Shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	40,900 Fully Paid Ordinary Shares - $4.39312,100 Fully Paid Ordinary Shares - $4.38

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

	No. of securities held after change	No. of securities held after change	Direct262,761 Ordinary Fully Paid Shares57,223 FY22 Performance Rights issuedpursuant to the Company’s EmployeeIncentive Plan and subject to vestingconditions set out in the Company’sProspectus lodged with ASX on 15December 2021.89,683 FY23 Performance Rights issuedpursuant to the Company’s EmployeeIncentive Plan and subject to vestingconditions set out in the Notice of Meetinglodged with ASX on 27 October 2022.Indirect288,207 Ordinary Fully Paid Shares heldby M & J Sainsbury Pty Ltd <M & JSainsbury Superfund>1489,020 Ordinary Fully Paid Shares heldby Michael Thomas Sainsbury & Julie AnneSainsbury <The Sainsbury Family A/C>256,700 FY24 Performance Rights issuedpursuant to the Company’s EmployeeIncentive Plan and subject to vestingconditions set out in the Notice of Meetinglodged with ASX on 27 October 2023 heldby Michael Thomas Sainsbury & Julie AnneSainsbury <The Sainsbury Family A/C>21Michael Sainsbury is a director of the trusteecompany and a beneficiary of the fund2Michael Sainsbury is joint trustee and a beneficiaryofthe trust
			Indirect
			288207 Odi Fll Pid Sh
			, rnary uy a areby M & J Sainsbury Pty Ltd <M
			Sainsbury Superfund>1
			489,020 Ordinary Fully Paid Share
			by Michael Thomas Sainsbury & JulieSainsbury <The Sainsbury Family A/
	Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back		Market sale of353,000Fully Paid OrdinaryShares

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	N/A
Nature of interest	N/A

• See chapter 19 for defined terms. 01/01/2011

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011