LENDLEASE GROUP — Major Shareholding Notification 2024

Mar 3, 2024

603 Page 1 of 3 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme Lendlease Corporation Limited ACN/ARSN 000 226 228

1. Details of substantial holder (1)

Name Australian Retirement Trust Pty LTD ATF Australian Retirement Trust ACN/ARSN (if applicable) 010 720 840

The holder became a substantial holder on 29 / 02 / 2024

2. Details of 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 (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Fully paid ordinary shares	36,516,257	36,516,257	5.295%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Australian Retirement Trust Pty LTD ATF Australian Retirement Trust	Power to exercise voting rights pursuant to position held as trustee of a superannuation fund.	Fully paid ordinary shares 36,516,257

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Australian Retirement Trust Pty LTD ATF Australian Retirement Trust	HSBC Custody Nominees (Australia)Limited		Fully paid ordinary shares 36,516,257

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
Refer to Annexure A

603 Page 2 of 3 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Nature of association

7. Addresses

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

Name	Address
Australian Retirement Trust Pty LTD ATF Australian Retirement Trust	266 George Street, Brisbane City QLD 4000

Signature

ure
print name sign here	Yaozhi Pan Steven Moggian capacity Authorised Signatory
	date 04/03/2024

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (8) If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises because of an option) write "unknown".

• (9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in

603 Page 3 of 3 15 July 2001

relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Annexure A

==> picture [494 x 710] intentionally omitted <==

----- Start of picture text -----

Consideration Consideration Number of
Holder of Relevant Interest Purchase/Sale Trade Date
(Cash) (Non-Cash) Securities
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 2/11/2023 4,331.00 700
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 2/11/2023 1,962,760.67 315,995
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 6/11/2023 580,918.14 91,053
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 10/11/2023 1,536,376.33 240,006
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 13/11/2023 7,061.45 1,100
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 13/11/2023 359,521.24 56,618
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 14/11/2023 658,354.03 105,392
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 15/11/2023 769,205.16 122,241
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 17/11/2023 168,142.61 25,682
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 17/11/2023 505,751.34 77,289
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 20/11/2023 6,708.55 1,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 20/11/2023 3,557.80 535
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/11/2023 10,202.00 1,500
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/11/2023 404,455.89 59,926
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 27/11/2023 6,401.45 1,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/11/2023 2,922,182.08 460,912
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/11/2023 2,922,182.08 460,912
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 1/12/2023 10,186.10 1,500
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 1/12/2023 6,800.85 1,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 5/12/2023 19,632.55 3,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 12/12/2023 111,534.55 16,250
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 15/12/2023 4,469.45 640
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 18/12/2023 7,268.55 1,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 19/12/2023 6,197,717.62 825,262
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 20/12/2023 11,202.47 1,485
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 21/12/2023 12,377.10 1,700
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 21/12/2023 394,087.82 53,964
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/12/2023 183,555.02 25,083
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/12/2023 78,086.38 10,582
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/12/2023 283,815.19 38,665
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 27/12/2023 291,700.16 40,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/12/2023 211,331.15 28,971
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/12/2023 152,072.41 20,861
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/12/2023 73,081.11 10,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/12/2023 61,699.69 8,437
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/12/2023 106,690.59 14,614
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/12/2023 98,585.95 13,380
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/12/2023 103,988.03 14,047
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 2/01/2024 186,338.37 25,008
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 3/01/2024 124,178.24 16,588
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 5/01/2024 2,961.45 400
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 15/01/2024 46,675.28 6,315
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 16/01/2024 2,253,416.59 305,125
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 16/01/2024 11,491.97 1,557
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 19/01/2024 921,107.48 128,618
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 23/01/2024 246,990.58 34,672
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 24/01/2024 1,019,137.95 142,729
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 24/01/2024 236,395.77 33,128
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 25/01/2024 170,154.34 23,696
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/01/2024 170,459.12 23,697
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 30/01/2024 379,288.22 53,560
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 30/01/2024 1,090,299.76 153,917
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 31/01/2024 4,525.04 639
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 31/01/2024 120,081.01 16,856
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 1/02/2024 668,859.55 92,615
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 1/02/2024 134,269.89 18,688
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 2/02/2024 1,898,511.31 256,153
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 2/02/2024 7.25 1
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 2/02/2024 87,015.07 11,848
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 5/02/2024 2,512.65 346
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 5/02/2024 33,434.33 4,583
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 6/02/2024 740,610.18 101,016
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 6/02/2024 139,711.70 19,114
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 8/02/2024 10,016.81 1,396
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 8/02/2024 1,367,597.45 190,838
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 13/02/2024 2,654,553.40 363,140
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 15/02/2024 1,291,610.20 176,816
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 16/02/2024 5,741.45 800
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 19/02/2024 3,043.43 421
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 20/02/2024 39,942.19 5,355
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 20/02/2024 7,429.85 1,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 21/02/2024 28,721.40 4,500
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/02/2024 12,447.55 2,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/02/2024 44,174.16 7,250
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/02/2024 168,536.77 27,783
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/02/2024 217,099.04 35,629
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/02/2024 3,166,315.27 516,290
----- End of picture text -----

Annexure A

==> picture [494 x 188] intentionally omitted <==

----- Start of picture text -----

Consideration Consideration Number of
Holder of Relevant Interest Purchase/Sale Trade Date
(Cash) (Non-Cash) Securities
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/02/2024 42,047.60 6,840
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/02/2024 96,858.01 15,805
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/02/2024 6,629,101.47 1,089,427
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 82,869.93 13,563
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 3,471,973.92 567,834
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 979,286.38 160,276
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 4,933.45 800
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/02/2024 41,720.11 6,840
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 1,328,128.71 216,648
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/02/2024 31,546.27 5,127
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/02/2024 4,504,190.94 728,110
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/02/2024 83,683.71 13,563
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/02/2024 171,117.02 27,556
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/02/2024 164,434.63 26,658
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 19,970,110.16 3,130,109
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 212,823.00 33,150
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/02/2024 14,908.09 2,403
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/02/2024 281,920.95 43,925
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/02/2024 572,956.97 90,428
----- End of picture text -----