LENDLEASE GROUP — Director's Dealing 2023

Sep 5, 2023

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 LENDLEASE GROUP
ABN	Lendlease Corporation Limited ABN 32 000 226 228
	Lendlease Trust ARSN 128 052 595

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	Anthony Peter Lombardo
Date of last notice	12 December 2022

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 and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	1 September 2023
No. of securities held prior to change	Direct 86,895 ordinary stapled securities Indirect 103,074 Deferred Rights 719,970 Performance Rights
Class	As above

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	55,273 ordinary stapled securities (delivered from the vesting of various rights being:  40,579 Deferred Rights; and  14,694 Performance Rights) (Refer “Number disposed” box)
Number disposed	101,556 Performance Rights (lapsed due to performance conditions not being met under the Long Term Award incentive plan) 55,273 Deferred and Performance rights comprising:  40,579 Deferred Rights (vested and transferred to direct holding)  14,694 Performance Rights (vested as part of the 2019 and 2020 Long Term Award Minimum Grants, which are subject to time-based vesting only, and transferred to direct holding)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil, as ordinary stapled securities are issued for no cost upon vesting of rights and as part of the Managing Director’s variable remuneration
No. of securities held after change	Direct 142,168 ordinary stapled securities Indirect 62,495 Deferred Rights 603,720 Performance Rights

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Direct Ordinary stapled securities: increase of 55,273 to direct holding due to 55,273 securities delivered upon vesting of various rights. Indirect Deferred Rights: decrease of 40,579 due to vesting of 40,579 deferred rights (forming part of 55,273 rights that vested in total). Performance Rights: decrease of 116,250 due to vesting of 14,694 performance rights (forming part of 55,273 rights that vested in total) and lapse of 101,556 performance rights granted under the FY21 Long Term Award.

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	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 interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011