L1 GROUP LIMITED — Director's Dealing 2022

Jul 7, 2022

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8 July 2022

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

Appendix 3Y – Change of Director’s Interest Notice – Andrew Stannard

Attached is an Appendix 3Y (Change of Director’s Interest Notice) for Andrew Stannard.

Release of market announcement authorised by: Joanne Jefferies | Company Secretary

Investor contact Elizabeth Norman | Director of Investor Services and Communications 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	Andrew Stannard
Date of last notice	25 June 2021

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 relevantinterest.	N/A
Date of change	4 July 2022
No. of securities held prior to change	170,365 deferred rights to ordinaryshares.
Class	Deferred rights to receive the Company’sordinary shares, subject to vesting. Theseshares will be purchased on-market forthe Platinum Employee Share Trust priorto exercise by Andrew Stannard.
Number acquired	147,501 deferred rights to ordinary sharesgrantedunderthePlatinumAssetManagementLimitedDeferredRemuneration Plan.
Number disposed	Nil.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil.Andrew Stannard’s 2022 deferred bonusof $250,000 was translated into 147,501deferredrightstoordinarysharespursuanttothePlatinumAssetManagementLimitedDeferredRemuneration Plan.The number of rights was calculated bydividing the deferred bonus amount by thevolume weighted average price for theseven (7) trading days prior to the grantdate of 20 June 2022 being $1.69.
No. of securities held after change	317,866 deferred rights to ordinaryshares.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Issue of deferred rights to ordinary sharespursuanttothePlatinumAssetManagementLimitedDeferredRemuneration Plan.

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
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: 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 details andan estimated valuation	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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.

01/01/2011

Appendix 3Y Page 3