L1 GROUP LIMITED — Director's Dealing 2021

Jun 24, 2021

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25 June 2021

The Manager ASX Market Announcements Australian Securities Exchange Limited Sydney NSW 2000

Platinum Asset Management Limited Change of Director’s Interest Notice

In accordance with the ASX Listing Rules, please find attached an Appendix 3Y for Elizabeth Norman for release to the market.

Authorised by

Joanne Jefferies | Company Secretary

Investor contact

Elizabeth Norman | Director of Investor Services and Communications Platinum Investment Management Limited Tel: 61 2 9255 7500 Fax: 61 2 9254 5555

Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia | GPO Box 2724, Sydney NSW 2001 Telephone 61 2 9255 7500 | Investor Services 1300 726 700 | Facsimile 61 2 9254 5590 | Email invest@platinum.com.au | Website www.platinum.com.au

Platinum Asset Management Limited ABN 13 050 064 287

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 Platinum Asset Management Limited ABN 13 050 064 287

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	Elizabeth Norman
Date of last notice	26 June 2020

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		N/A
Date of change		20 June 2021
No. of securities held prior to change		Direct 367,958 deferred rights to ordinary shares Indirect 259,551 fully paid ordinary shares held by PLATINUM INVESTMENT MANAGEMENT LIMITED E Norman 377,953 fully paid ordinary shares held by PLATINUM INVESTMENT MANAGEMENT LIMITED ShaneLiz Pty Limited ATF Elizabeth Ann Norman Family Trust 129,244 fully paid ordinary shares held by PLATINUM INVESTMENT MANAGEMENT LIMITED Norblew PtyLimited

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

								the Company’s ordinary	the Company’s ordinary	the Company’s ordinary	the Company’s ordinary
Class						Deferred rights to receive		the Company’s ordinary
						shares, subject to vesting.		These shares will be
						purchased on-market for t		he Platinum Employee
						Share Trust prior to exercise		by E Norman.
Number acquired						102308 deferre	d rights to or	inary share	s
						,
Number disposed						Nil
Vl/Cidti						Nil
aueonseraon Note: If consideration is non-cash,	provide details and estimated va		luation
						Elizabeth Norm was translated i	an’s 2021 deferred bonu nto 102,308 deferred rig		s of $500,000 hts to ordinary
						shares pursuant to the Platinum Asset Management Liitd Dfd Rti Pl
						me eerre emunera The number of rights was		n an. calculated by dividing the
						deferred bonus amount b average price of the Comp		y the volume weighted ny’s ordinary shares for
						the seven (7) trading days		, prior to grant date i.e. by
						$4.88721651.
N f iti hld ft	h					Dit
o. o secures e a	er cange					rec 470266 deferre	d rights to ord	inary share	s
						,
						Indirect
						259551 full a	id ordinar sh	ares held b
						, y p	y
						PLATINUM IN	ESTMENT	MANAGEM	ENT LIMITED
						<MILO NOMINE	ES> E Norm	an
						377953 full a	id ordinar sh	ares held b
						, y p PLATINUM INV	y ESTMENT	MANAGEM	ENT LIMITED
						<MILO NOMIN Elizabeth Ann N	EES> Sha orman Famil	neLiz Pty Trust	Limited ATF
						129,244 fully pa	id ordinary sh	ares held b	y
						PLATINUM IN	ESTMENT	MANAGEM	ENT LIMITED
						Norblew		Pty Limited
Nature of change Example: on-market trade, off-ma						Issue of deferre	d rights to or	dinary shar	es pursuant to
	rket trade, exercise of options,		issu	e of		the Platinum	Asset Mana	ement Lim	ited Deferred
securities under dividend reinvestm	ent plan, participation in buy-ba		ck			Remuneration P	lan.
Part 2 – Change of dir	ector’s interests in		co	ntracts
Note: In the case of a company, inter n this part.	ests which come within paragrap		h (ii	) of the definition of “notifia			ble interest of a d	irector” should	be disclosed
Detail of contract		N/A
		N/A
Nature of interest

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.

Appendix 3Y Page 2

01/01/2011

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and 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 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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3