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LENDLEASE GROUP Capital/Financing Update 2024

Nov 10, 2024

65243_rns_2024-11-10_4450e6f8-8608-40a8-94f9-49ab4e459ff5.pdf

Capital/Financing Update

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==> picture [596 x 114] intentionally omitted <==

11 November 2024

Regulatory approval for the sale of 12 Communities projects

Lendlease today announced that the Foreign Investment Review Board has provided approval for the sale of 12 Australian master-planned Communities projects to Stockland Corporation Limited and its capital partner, Supalai Australia Holdings.

Completion is anticipated in 2Q FY25, subject to landowner consents. The financial outcomes of the sale will be updated at completion.

ENDS

FOR FURTHER INFORMATION, PLEASE CONTACT:

Investors: Media: Michael Vercoe Stephen Ellaway Head of Investor Relations Executive GM, Corporate Affairs +61 488 245 205 +61 417 851 287 [email protected] [email protected]

Authorised for lodgement by the Lendlease Group Disclosure Committee

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