L1 GROUP LIMITED — Director's Dealing 2026

Mar 17, 2026

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18 March 2026

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

L1 Group Limited (ASX: L1G) Appendix 3Y – Change of Director’s Interest Notice – Jane Stewart

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

Authorised by

Joanne Jefferies | Company Secretary

Investor contact

Andrew Stannard | Chief Financial Officer L1 Group Limited Tel: 61 2 9255 7500 Fax: 61 2 9254 5555

Phone +61 3 9286 7000 Fax +61 3 9286 7099 www.L1Group.com.au

L1 Group Limited ABN 13 050 064 287 Level 45, 101 Collins Street, Melbourne VIC 3000

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 L1 Group 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	Jane Stewart
Date of last notice	21 October 2025

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 or indirect interest	Direct or indirect interest	Direct	Direct	Direct	Direct	Direct
Nat(incNoteinter	ure of indirect inluding registered	terestholder)	N/A
	: Provide details of theest	circumstances giving rise to the relevant
Dat	e of chane		Mh
	g		18 arc 2026
No.	of securities hel	d prior to change	434782 deferred rig	hts (L1G	AA)
			,
Cla	ss		New class to be ad	vised of	deferred	rights,	whereeceiveitionsst be
			each deferred rightone ordinar share	constitusubject	tes a rito vest	ght to rn con
			ybeing met. Resulta	nt ordi	nary sh	gares mu
			purchased on marke	t.
Nu	mber acquired		30628 deferred righ	s (new c	lass to b	e advise	d)
			,
Nu	mber disposed		Nil
ValNotevalu	ue/Consideration		Nil
	: If consideration is nation	on-cash, provide details and estimated
No. of securities held after change	of securities hel	d after change	434,782 deferred rig	hts (L1G	AA)
			30,628 deferred right	s (new c	lass to b	e advise

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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 pursuant to the PlatinumAsset Management Limited Deferred RemunerationPlan(asub-planofthePlatinumAssetManagement Limited Equity Incentive 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	Detail of contract	N/A	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 to which interestrelated prior to changeNote: Details are only required for a contract in relation to which theinterest has changed		N/A
Interest acquired		N/A
Interest disposed		N/A
Value/ConsideratioNote: If consideration is nonvaluation	n-cash, provide details and an estimated	N/A
Interest after chan	ge	N/A
	eriod
Were the interecontracts detailed+closed period whwas required?	sts in the securities orabove traded during aere prior written clearance	No
If so, was prior wriallow the tradeperiod?	tten clearance provided toto proceed during this	N/A
If prior written clwhat date was this	earance was provided, onprovided?	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011