Macquarie Group Limited — Capital/Financing Update 2021

Oct 31, 2021

Macquarie Group Limited

ABN 94 122 169 279

50 Martin Place Telephone (61 2) 8232 3333 Sydney NSW 2000 Facsimile (61 2) 8232 3019 GPO Box 4294 Internet http://www.macquarie.com Sydney NSW 1164 AUSTRALIA

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ASX/Media Release

Macquarie Group Limited – Successful completion of $A1.5 billion Institutional Placement

SYDNEY, 1 November 2021 – Macquarie Group Limited ( Macquarie ) (ASX; MQG; ADR: MQBKY) today announces the successful completion of its $A1.5 billion institutional placement ( Placement ).

The Placement was conducted by way of a bookbuild and will result in the issue of 7.7m new fully paid ordinary shares ( Placement Shares ) at a price of $A194.00 per Placement Share, representing a 1.9% discount to the last closing price of $A197.83 on Thursday, 28 October 2021.

Eligible institutional shareholders who bid for an amount less than or equal to their ‘pro rata’ share of the Placement Shares were allocated their bid in full[1] and approximately 90% of the Placement Shares were allocated to existing Macquarie shareholders.

Placement Shares issued will rank equally with existing Macquarie ordinary shares on issue from allotment, and as they will be allotted prior to the dividend record date, will be entitled to receive the 1H22 dividend.

Macquarie Group Chief Executive Officer, Shemara Wikramanayake said:

“We are very pleased with the success of the Placement and the strong signal of support delivered from Australian and international institutional shareholders.

Macquarie remains committed to investing in the growth of our businesses in a disciplined manner. The capital will provide us with additional flexibility to invest in new opportunities where the expected riskadjusted returns are attractive to our shareholders, while maintaining an appropriate capital surplus.”

1 An eligible institutional shareholder’s ‘pro rata’ share of Placement Shares was estimated by reference to Macquarie’s beneficial register of institutional and sophisticated investors on Wednesday, 27 October 2021.

Authorised for release to ASX by Chief Financial Officer, Alex Harvey.

The Placement is within Macquarie’s existing capacity under ASX Listing Rule 7.1 and therefore does not require shareholder approval. Settlement is expected to take place on Wednesday, 3 November 2021. The Placement Shares will be issued and commence trading on ASX on Thursday, 4 November 2021.

Macquarie shares are expected to resume normal trading on the ASX from market open today, Monday 1 November 2021.

As announced on Friday, Macquarie will offer Eligible Shareholders[2] in Australia and New Zealand the opportunity to participate in a non-underwritten share purchase plan ( SPP ) with a maximum application size of $30,000 per Eligible Shareholder[3] . The SPP offer is expected to open on 8 November 2021 and close at 5:00 pm (Sydney time) on 26 November 2021[4] .

Macquarie Directors and staff were not permitted to participate in the Placement, however all Directors and staff that are Eligible Shareholders may participate in the SPP.

Further information regarding the SPP will be provided to Eligible Shareholders in due course.

IMPORTANT NOTICE AND DISCLAIMER

This announcement does not constitute an offer of any securities (including the Placement Shares or the new shares to be issued under the SPP (together with the Placement Shares, the New Shares )) for sale or issue. No action has been taken to register or qualify the New Shares or to otherwise permit a public offering of the New Shares outside Australia and New Zealand. In particular, this announcement does not constitute an offer of securities for sale in the United States. Neither the New Shares nor the Macquarie ordinary shares have been, or will be, registered under the U.S. Securities Act of 1933 (the Securities Act) or the securities laws of any state or other jurisdiction of the United States, and they may not be offered, sold or resold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable securities laws of any state or other jurisdiction of the United States.

Contacts

Sam Dobson

Macquarie Group Investor Relations +61 2 8232 9986

Lisa Jamieson

Macquarie Group Media Relations +61 2 8232 6016

2 Eligible Shareholders are shareholders with a registered address in Australia or New Zealand on the register as at 7.00pm on 28 October 2021 and who are outside the United States. 3 Subject to scaleback at the discretion of Macquarie.

4 Dates are indicative and subject to change

Macquarie Group Limited

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