LENDLEASE GROUP — Board/Management Information 2016

Feb 16, 2016

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Changes to Lendlease Global Leadership Team

Lendlease today announced changes to its Global Leaderhip Team, effective from 1 May 2016.

Tony Lombardo will be appointed Chief Executive Officer, Asia, reporting to Dan Labbad, Chief Executive Officer, International Operations. Tony joined Lendlease in 2007, and in 2011 was appointed Group Chief Financial Officer.

Tarun Gupta will be appointed Group Chief Financial Officer, reporting to Steve McCann, Group Chief Executive Officer and Managing Director. Tarun joined Lendlease in 1994, and was appointed Chief Executive Officer, Property Australia in 2012.

These appointments follow the recent resignation of Rod Leaver, Chief Executive Officer, Asia. Lendlease is well advanced on its search for Mr Gupta’s replacement.

Lendlease Group Chief Executive Officer and Managing Director, Steve McCann said: “I would like to congratulate Tony and Tarun on their appointments. Lendlease has a very strong management team and the opportunity to rotate senior leaders through key roles in the business will further enhance that strength. I would also like to take the opportunity to wish Rod well in his future endeavours.”

ENDS

FOR FURTHER INFORMATION, PLEASE CONTACT:

Investors: Suzanne Evans Tel: 02 9236 6464 Mob: 0407 165 254

Media: Nadeena Whitby Tel: 02 9236 6865 Mob: 0467 773 032

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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 4, 30 The Bond 30 Hickson Road, Millers Point NSW 2000 Australia

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