LGI LIMITED — Major Shareholding Notification 2023

Nov 30, 2023

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme LGI Limited (LGI) ACN/ARSN ACN 138 085 551 1. Details of substantial holder (1) Name Perpetual Limited and its related bodies corporate ACN/ARSN (if applicable) ACN 000 431 827

1. Details of substantial holder (1)

There was a change in the interests of the
substantial holder on	29/11/2023
The previous notice was given to the company on	06/10/2022
The previous notice was dated	04/10/2022

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	Previous notice	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary	4,666,667	5.29%	6,666,667	7.55%

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 relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
	Refer to 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 relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
	Refer to annexure B

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

6. Addresses

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

Name	Address
Perpetual Limited (PPT)	18/123 Pitt Street Sydney, NSW 2000
Perpetual Investment Management Limited (PIML)	18/123 Pitt Street Sydney, NSW 2000
LGI Limited (LGI)	57 Harvey Street North, Eagle Farm, QLD 4000

Signature

print name sign here	Sylvie Dimarco capacity Company Secretary
	date 01/12/2023

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

This is annexure ‘A’ referred to in Form 604, Notice of change of interests of substantial holder, lodged for Perpetual Limited ACN 000 431 827

Sylvie Dimarco – Company Secretary, Perpetual Limited 01/12/2023

Entity	Custodian	Date	Transaction Type	Consideration (Cash)	Class (Ordinary) and number	Person's vote affected
PIML	Citicorp Nominees Pty Ltd	2023-11-29	Purchase	35,356.00	17,678	17,678
PIML	Citicorp Nominees Pty Ltd	2023-11-29	Purchase	453,420.00	226,710	226,710
PIML	HSBC Custody Nominees (Australia) Limited	2023-11-29	Purchase	1,327,256.00	663,628	663,628
PIML	HSBC Custody Nominees (Australia) Limited	2023-11-29	Purchase	362,414.00	181,207	181,207
PIML	HSBC Custody Nominees (Australia) Limited	2023-11-29	Purchase	20,800.00	10,400	10,400
PIML	HSBC Custody Nominees (Australia) Limited	2023-11-29	Purchase	9,994.00	4,997	4,997
PIML	JPMorgan Nominees Australia Limited	2023-11-29	Purchase	390,768.00	195,384	195,384
PIML	National Nominees Pty Ltd	2023-11-29	Purchase	55,422.00	27,711	27,711
PIML	UBS Nominees Pty Ltd	2023-11-29	Purchase	1,344,570.00	672,285	672,285

ANNEXURE B

This is annexure ‘B’ referred to in Form 604, Notice of change of interests of substantial holder, lodged for Perpetual Limited ACN 000 431 827

Sylvie Dimarco – Company Secretary, Perpetual Limited 01/12/2023

Holder of relevant interest	Registered holder securities	Persons entitled to be registered holder	Number of securities	Number of votes
PIML	Citicorp Nominees Pty Ltd	Citicorp Nominees Pty Ltd	17,678	17,678
PIML	Citicorp Nominees Pty Ltd	Citicorp Nominees Pty Ltd	226,710	226,710
PIML	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	1,900,000	1,900,000
PIML	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	663,628	663,628
PIML	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	181,207	181,207
PIML	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	10,400	10,400
PIML	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	4,997	4,997
PIML	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	1,900,000	1,900,000
PIML	HSBC Custody Nominees (Australia) Limited	HSBC Custody Nominees (Australia) Limited	866,667	866,667
PIML	JPMorgan Nominees Australia Limited	JPMorgan Nominees Australia Limited	195,384	195,384
PIML	National Nominees Pty Ltd	National Nominees Pty Ltd	27,711	27,711
PIML	UBS Nominees Pty Ltd	UBS Nominees Pty Ltd	672,285	672,285