LOVISA HOLDINGS LIMITED — Director's Dealing 2021

Feb 25, 2021

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Lovisa Holdings Limited ACN 602 304 503 Level 1, 818 Glenferrie Road Hawthorn VIC 3122

t +61 3 9831 1800 f +61 3 9804 0060 e info@lovisa.com lovisa.com

26[th] February 2021

ASX Market Announcements Office ASX Limited

Change in Director’s Interest

Attached is an Appendix 3Y - Change of Director’s Interests Notice in respect to changes in the relevant interest in the Company’s securities held by Lovisa Holdings Limited’s Managing Director, Mr Shane Fallscheer. Mr Fallscheer has completed the sale of 1,900,000 shares to balance his long-term financial position.

Following this he continues to control 2,240,000 shares, equivalent to 2.1% of the company’s issued capital, as well as 4,520,431 unvested share options.

This announcement has been approved for release by:

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Chris Lauder Company Secretary

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 Lovisa Holdings Limited ABN 34 602 304 503

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	Mr Shane Fallscheer
Date of last notice	23 November 2020

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	DirectIndirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Centerville Pty Ltd as Trustee for The Fallscheer Trust
Date of change	23 February 2021
No. of securities held prior to change	4,140,000 Fully Paid Ordinary Shares2,564,103 Options (2019-2023)956,328 Options (2020-2022)1,000,000 Options(2021-2023)
Class	Fully Paid Ordinary Shares
Number acquired	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	1,900,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	1,900,000 ordinary shares at $14.8337 per share
No. of securities held after change	2,240,000 Fully Paid Ordinary Shares2,564,103 Options (2019-2023)956,328 Options (2020-2022)1,000,000 Options (2021-2023)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On-market trade

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 whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3