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LENDLEASE GROUP Capital/Financing Update 2021

Oct 31, 2021

65243_rns_2021-10-31_453f554d-e0eb-4eb0-8511-00e9d95aaf9c.pdf

Capital/Financing Update

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----- Start of picture text ----- 1 22 August 20189 August 2019 November 2021----- End of picture text -----

Lendlease announces completion of Services sale

Lendlease today announced the completion of the sale of its Services business to Service Stream, receiving the full sale price of $310 million.

Global Chief Executive Officer, Tony Lombardo, said “The completion of the sale of the Services business is another important milestone in simplifying the Group as we focus on activities where our competitive edge is the strongest.”

For more information

Investors: Media: Justin McCarthy Stephen Ellaway Mob: +61 422 800 321 Mob: +61 417 851 287

Authorised for lodgement by the Lendlease Group Disclosure Committee

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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