Macquarie Group Limited — Share Issue/Capital Change 2018

Jun 12, 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

13 June 2018

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

==> picture [65 x 71] intentionally omitted <==

Dear Sir/Madam

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

As previously advised to the ASX, Macquarie Group Limited (“MGL”) issued the following new fully paid ordinary shares during May 2018:

• 17,291 shares issued on 16 May 2018; and

• 627 shares issued on 17 May 2018.

Therefore, as at 31 May 2018, the number of MGL ordinary shares on issue was 340,382 738.

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

• 3,002 unlisted Deferred Share Units (“DSUs”) were granted.

Taking into account other movements in the number of DSUs and unlisted Performance Share Units (“PSUs”) processed during the month, including forfeitures, exercises and adjustments, as at 31 May 2018:

• the total number of DSUs on issue was 2,772,239; and

• the total number of PSUs on issue was 1,408,846.

The total number of ordinary shares on issue noted above included 2,792,943 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 May 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 May 2018, there were 32,010 unlisted Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) No.2 Limited, a subsidiary of MGL,

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

2

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 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.

Please refer to the ASX Appendix 3B lodgments for details of any changes since the end of the month.

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.