MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2021

Sep 30, 2021

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	Magellan Financial Group Limited
ABN	59 108 437 592

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	John Eales
Date of last notice	15 September 2021

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	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances givingrise to the relevant interest.	Superannuation Fund Family Trust
Date of change	30 September 2021
No. of securities held prior to change	80,136 Ordinary Shares in Magellan Financial Group Limited (ASX: MFG) 228,008 Units in Magellan High Conviction Trust (ASX: MHHT) 396,396 Units in Magellan Global Fund (Closed Class) (ASX: MGF) 235,377 MGF Options (expiring 1 March 2024) (ASX: MGFO) 16,685 Units in Airlie Australian Share Fund (ASX: AASF)
Class	Ordinary Shares in Magellan Financial Group Limited (ASX: MFG)
Number acquired	718 Ordinary Shares in Magellan Financial Group Limited (ASX: MFG)
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$38.4347 per Ordinary Share in Magellan Financial Group Limited (ASX: MFG)

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 80,854 Ordinary Shares in Magellan Financial Group Limited (ASX: MFG) 228,008 Units in Magellan High Conviction Trust (ASX: MHHT) 396,396 Units in Magellan Global Fund (Closed Class) (ASX: MGF) 235,377 MGF Options (expiring 1 March 2024) (ASX: MGFO) 16,685 Units in Airlie Australian Share Fund (ASX: AASF) Nature of change Shares issued under Dividend Reinvestment Plan. Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
**Interest after change **	N/A

Part 3 –[+] Closed period

Part 3 –+Closedperiod
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

1 October 2021 Authorised by

Marcia Venegas | Company Secretary

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011