LENDLEASE GROUP — Major Shareholding Notification 2023

Nov 7, 2023

Form 604 Corporations Act Section 671B

Notice of change of interests of substantial shareholder

To: Lendlease Group (“LLC”, Ordinary Fully Paid)

1. Details of substantial shareholder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related bodies corporate in the Citigroup group of companies worldwide (for more details please visit www.citigroup.com).

The previous notice was dated and given to the company on 6 November 2023.

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities	Previous notice	Previous notice	Present notice
	Person’s votes	Voting power	Person’s votes	Voting power
Ordinary Fully Paid	35,327,582	5.1227%	42,281,108	6.1310%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

scheme	are as follows:
Date ofchange	Person whoserelevant interestchanged	Nature of change	Class and number ofsecurities affected
3rd& 6thNov2023	Citigroup GlobalMarkets Limited	Citigroup Global Markets Limitedholds a decreased relevantinterest in these shares pursuantto contracts entered into subject toan obligation to return under asecurities lending agreement.	-1,641,150Ordinary Fully Paid
6 Nov 2023	Citigroup GlobalMarkets AustraliaPty Limited	Citigroup Global Markets AustraliaPty Limited holds an increasedrelevant interest in these sharespursuant to contracts entered intosubject to an obligation to returnunder a securities lendingagreement and pursuant tocontracts entered into in theordinary course of business on a	5,278,657Ordinary Fully Paid

			stock market of a stock exchange,containing no terms and	stock market of a stock exchange,containing no terms and
			conditions other than standarterms and conditions.	d
6 Nov 2023
			Citibank, N.A. holds a decrearelevant interest in these sharrsant to contracts entered	sedesinto
	Citibank, N.A.		puuin the ordinary course of businesson a stock market of a stockexchange, containing no termsand conditions other thanstandard terms and conditions.
3rd& 6thNov2023	Citibank, N.A.Sydney Branch		Citibank, N.A. Sydney Branchholds an increased relevantinterest in these shares acting asAgent Lender and as the holder ofsecurities subject to an obligationto return under a securitieslendingagreement.		3,316,408Ordinary Fully Paid

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

	Particulars of eachane are as fo	ch relevant interest of the substantial holder in votingllows:	ch relevant interest of the substantial holder in votingllows:	ch relevant interest of the substantial holder in votingllows:	ch relevant interest of the substantial holder in votingllows:	securities after	securities after
	g
Holinte	der of relevantrest		Nature of relevant interest		Person’	s votes
CitiLim			Citirou Global Markets Limited holds a
	group Global Marketited	s	gprelevant interest in these shares pursuantto contracts entered into in the ordinarycourse of business on a stock market of astock exchange containing no terms and		Ordi	16,124,893nary Fully Paid
			,conditions other than standard terms andconditions.
Citigroup Global MarketsAustralia Pty Limited			Citigroup Global Markets Australia PtyLimited holds a relevant interest in these
			shares pursuant to contracts entered intosubject to an obligation to return under asecurities lending agreement andpursuant to contracts entered into in theordinary course of business on a stockmarket of a stock exchange, containingno terms and conditions other than
			standard terms and conditio	ns.
Citi			Citibnk NA hld rlv	t intrt in
	bank, N.A.		a .. os a eeathese shares pursuant to coentered into in the ordinarybusiness on a stock marketexchange, containing no terconditions other than standaconditions.	eesntractscourse ofof a stockms andrd terms and	1,288Ordinary Fully Paid

	Citibank, N.A. Sydney Branch holds a
	relevant interest in these shares acting as
Citibank, N.A. Sydney	Agent Lender and as the holder of	20,356,393
Branch	securities subject to an obligation to	Ordinary Fully Paid
	return under a securities lending
	agreement.

5. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

No changes in association.

6. Addresses

The addresses of persons named in this form are as follows:

	Name	Address
		Citigroup Centre, Canary Wharf
Citigroup	Global Markets Limited	33 Canada Square
		London, E14 5LB, United Kingdom
Citigroup	Global Markets Australia Pty Limited	Citigroup Centre2 Park St Sydney, NSW 2000 Australia
Citibank,	N.A.	388 Greenwich StNew York, NY 10013, United States
Citibank,	N.A. Sydney Branch	Citigroup Centre2 Park St Sydney, NSW 2000 Australia

Dated this day, 8 November 2023.

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Alyson Sosa Markets & Securities Services Compliance Australia Citigroup Global Markets Australia Pty Limited T: +61 2 8225 4845