LENDLEASE GROUP — Major Shareholding Notification 2025

Feb 25, 2025

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Lendlease Corporation Limited ACN/ARSN 000 226 228 1. Details of substantial holder (1) Name Cooper Investors Pty Limited ACN/ARSN (if applicable) 100 409 890

1. Details of substantial holder (1)

There was a change in the interests of the substantial holder on 25 / 02 / 2025 The previous notice was given to the company on 28 / 11 / 2024 The previous notice was dated 28 /11 / 2024

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 (2) had a relevant interest (3) 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 (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary	48,125,230	6.974%	40,494,897	5.8684%

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:

Date of change	Person whose relevantinterest changed	Nature ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecurities affected	Person’s votesaffected
Various datesbetween 28/11/2024and 26/02/2025	Cooper Investors PtyLimited	Purchase of additionalshares as per Annexure A	See Annexure A

4. Present relevant interests

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

Holder of relevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person’s votes
See Annexure B

604 page 2/2 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association Not applicable

6. Addresses

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

ersons named in this form are as follows:
Name	Address
Cooper Investors PtyLimited	Level 12,8 Exhibition Street,Melbourne,VIC. 3000

Signature

print name Jacqueline Verhaeg Capacity: Head of Compliance sign here date 26 / 02 / 2025

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 6 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 person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

(6) Include details of:

(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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.

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

• (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) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

ANNEXURE A

Trade Date

ANNEXURE A
Trade Date	Ticker	Security	QuantityAmount	Curr
28-Nov-2024	LLC	Lendlease Group	500,000 $ 3,550,000.00	AUD
29-Nov-2024	LLC	Lendlease Group	24,598 $ 174,614.64	AUD
04-Dec-2024	LLC	Lendlease Group	65,814 $ 473,485.66	AUD
05-Dec-2024	LLC	Lendlease Group	248,234 $ 1,758,315.89	AUD
18-Dec-2024	LLC	Lendlease Group	-7,650,790 $ 49,653,627.10	AUD
20-Dec-2024	LLC	Lendlease Group	115,349 $ 702,531.01	AUD
31-Dec-2024	LLC	Lendlease Group	-17,260 $ 107,529.80	AUD
06-Jan-2025	LLC	Lendlease Group	-69,785 $ 440,175.87	AUD
03-Feb-2025	LLC	Lendlease Group	43,332 $ 276,605.49	AUD
04-Feb-2025	LLC	Lendlease Group	75,000 $ 481,372.50	AUD
05-Feb-2025	LLC	Lendlease Group	31,206 $ 200,807.49	AUD
07-Feb-2025	LLC	Lendlease Group	2,584 $ 16,796.00	AUD
10-Feb-2025	LLC	Lendlease Group	1,020 $ 6,630.00	AUD
11-Feb-2025	LLC	Lendlease Group	28,942 $ 189,604.83	AUD
12-Feb-2025	LLC	Lendlease Group	30,000 $ 195,954.00	AUD
13-Feb-2025	LLC	Lendlease Group	7,415 $ 48,924.17	AUD
14-Feb-2025	LLC	Lendlease Group	9,895 $ 66,790.26	AUD
17-Feb-2025	LLC	Lendlease Group	-13,122 $ 87,345.28	AUD
19-Feb-2025	LLC	Lendlease Group	-10,049 $ 65,117.52	AUD
24-Feb-2025	LLC	Lendlease Group	-944,457 $ 5,931,189.96	AUD
26-Feb-2025	LLC	Lendlease Group	-108,259 $ 666,139.28	AUD

ANNEXURE B

Holder of Relevant Interest Registered Holder of Securities Cooper Investors Pty Ltd JP Morgan Nominees Australia Pty Ltd Cooper Investors Pty Ltd State Street Australia Limited Cooper Investors Pty Ltd Northern Trust Cooper Investors Pty Ltd Citi Group Cooper Investors Pty Ltd BNP Paribas Total holdings

Persons entitled to be registered as holderNature of Relevant InterestJP Morgan Nominees Australia Pty LtdInvestment ManagerState Street Australia LimitedInvestment ManagerNorthern TrustInvestment ManagerCiti GroupInvestment ManagerBNP ParibasInvestment ManagerTotal sold TD 26/02 per LBNet total holding at the close 26/02Total Shares OutstandingPercentage holding	Number of SecuritiesPersons Votes4,569,4684,569,46826,692,18726,692,187474,249474,2496,003,0246,003,0242,755,9692,755,969
	40,494,89740,494,897-40,494,897690,047,2085.8684%