MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2021

Jul 26, 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	Hamish McLennan
Date of last notice	5 March 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 or indirect interest	Indirect	Indirect	Indirect
	Nature of indirect interest		McLennan Superannuation Fund
	(including registered holder)Note: Provide details of the circumstances giving	rise to	Lon	olozi Family Trust
	the relevant interest.
	**Date of change **		21 J	uly2021
	No. of securities held priorchange	to	105,37,4	248 Ordinary Shares in (40 Units in Magellan Hig	ASX: MFG)h Conviction Trust (ASX:
			MHH	)
			115,	655 Units in Magellan Gl	obal Fund (Closed Class)
			(AS70	: MGF)83 MGF Otions (exirin	1 March 2024)
			,	p p
	Class		MagM	ellan Global Fund (Closell Hih Cii T	Class) (ASX: MGF)ASX MHH
			ag	ean g onvcton ru	st (: )
	Number acquired		1.	2,371 Units in Magella	n Global Fund (Closed
				Class) (ASX: MGF)
			2.	512 Magellan High Convi	ction Trust (ASX: MHH)
	Number disposed		N/A
	Value/ConsiderationN If idi i h id di	d	1. $	1.7856 per Unit in Mage	llan Global Fund (Closed
	ote: conseraton s non-cas, prove etaestimated valuation	s an	Clas2	s) (ASX: MGF).6467 Uit i Mll	Hih Citi Tt
			. $ (AS	. per n n age: MHH)	an g onvcon rus

• 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	105,248 Ordinary Shares in (ASX: MFG)37,952 Units in Magellan High Conviction Trust (ASX:MHH)118,026 Units in Magellan Global Fund (Closed Class)(ASX: MGF)70,083 MGF Options (expiring 1 March 2024)
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	Units issued under Distribution Reinvestment Plan.

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 towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closedperiod
Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	N/A
If so, was prior written clearance provided to allowthe trade to proceed during this period?	N/A
If prior written clearance was provided, on whatdate was this provided?	N/A

27 July 2021

Authorised by

Marcia Venegas | Company Secretary

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011