LENDLEASE GROUP — Board/Management Information 2016

Dec 14, 2016

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Lendlease Appoints Philip Coffey to Board

Lendlease today announced the appointment of Phillip Coffey to the Board as an independent Non Executive Director, effective 1 January 2017.

Mr Coffey currently serves as the Deputy Chief Executive Officer (CEO) of Westpac Banking Corporation, a role he has held since April 2014.

As the Deputy CEO, Mr Coffey has responsibility for overseeing and supporting relationships with key stakeholders of Westpac including industry groups, regulators, customers and government. He is also responsible for the Group’s mergers and acquisitions function.

Prior to this role, Mr Coffey held a number of executive positions at Westpac including Chief Financial Officer and Group Executive, Westpac Institutional Bank. He has successfully led operations based in Australia, New Zealand, USA, the UK and Asia and has extensive experience in financial markets, funds management, balance sheet management and risk management. He began his career at the Reserve Bank of Australia and has also held executive positions at Citibank.

Mr Coffey is a Director of Hastings Management Pty Ltd and is the inaugural Chairman of the Westpac Bicentennial Foundation, a $100 million scholarship fund with an exclusive focus on Australian education and leadership.

Mr Coffey holds a Bachelor of Economics (Hons) degree from the University of Adelaide and has completed the Executive Program at Stanford University Business School. He is a graduate member of the Australian Institute of Company Directors and Senior Fellow of the Financial Services Institute of Australasia.

Lendlease Chairman, David Crawford welcomed Mr Coffey to the Board.

“The Board Nominations Committee assesses the Board composition to ensure that an appropriate mix of skills and experience is in place. Phil’s appointment reflects the Board’s commitment to this rigorous succession planning. He has significant experience in investments which is one of the core competencies of Lendlease’s business and will bring extensive global executive experience in finance, risk management and strategy which will be invaluable for Lendlease.”

ENDS

For further information, please contact:

Investors:

Justin McCarthy Mob: +61 422 800 321

Media:

Natalie Campbell Mob: +61 410 838 914

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Lendlease Corporation Limited ABN 32 000 226 228 and Lendlease Responsible Entity Limited ABN 72 122 883 185 AFS Licence 308983 as responsible entity for Lendlease Trust ABN 39 944 184 773 ARSN 128 052 595

Level 14, Tower Three, International Towers Sydney Exchange Place, 300 Barangaroo Avenue Barangaroo NSW 2000 Australia

Telephone +61 2 9236 6111 Facsimile +61 2 9252 2192 lendlease.com