Macquarie Group Limited — Capital/Financing Update 2018

Sep 10, 2018

Macquarie Group Limited ABN 94 122 169 279

50 Martin Place Telephone (61 2) 8232 3333 Sydney NSW 2000 Facsimile (61 2) 8232 7780 GPO Box 4294 Internet http://www.macquarie.com.au Sydney NSW 1164 AUSTRALIA

11 September 2018

Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000

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Dear Sir/Madam

– Macquarie Group Limited Issued Ordinary Capital and Convertible Securities – Update 1 August to 31 August 2018.

As Macquarie Group Limited (“MGL”) did not issue any new fully paid ordinary shares during August 2018, the number of MGL ordinary shares on issue as at 31 August 2018 remained at 340,382 738.

Further, during the month of August 2018, pursuant to the Macquarie Group Employee Retained Equity Plan (“MEREP”):

• 680 unlisted Deferred Share Units (“DSUs”) were granted; and

• 263,243 unlisted Performance Share Units (“PSUs”) were granted.

Taking into account other movements in the number of DSUs and PSUs processed during the month, including forfeitures, exercises and adjustments, as at 31 August 2018:

• the total number of DSUs on issue was 3,308,856 and

• the total number of PSUs on issue was 1,229,353.

The total number of ordinary shares on issue noted above included 3,123,127 ordinary shares held by the MEREP Trustee in a reserve account which may be used to satisfy the obligations of MGL in respect of awards issued under the MEREP, including allocation of ordinary shares on award of RSUs and exercise of DSUs and PSUs.

As at 31 August 2018, there were 62,679 unlisted Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) Limited, a subsidiary of MGL, pursuant to the retention agreements entered into with key Orion Financial Inc. (“Orion”) employees shortly after Macquarie completed the acquisition of Orion in December 2007 (“Orion Exchangeable Shares”).

As at 31 August 2018, there were 32,010 unlisted Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) No.2 Limited, a subsidiary of MGL, pursuant to retention agreements entered into with key employees as part of the acquisition of Tristone Capital Global Inc. (“Tristone”) in August 2009 (“Tristone Exchangeable Shares”). There were also a further 11,295 Tristone Exchangeable Shares on issue, resulting from the exercise of retention options previously held under retention

Macquarie Group Limited is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cwth), and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Group Limited.

Macquarie Group Limited

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agreements with key former Tristone employees.

Each of the Orion and Tristone Exchangeable Shares may be exchanged into 0.9438 of a MGL share (in accordance with their terms of issue) following the MGL share consolidation in December 2013.

Yours faithfully

Dennis Leong Company Secretary

Macquarie Group Limited is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cwth), and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Group Limited.