MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2021

Jul 22, 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	Brett Peter Cairns
Date of last notice	3 June 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.	Euclid Pty Limited
Date of change	21 July 2021
No. of securities held prior tochange	1,150,615 Ordinary Shares (ASX: MFG)11,496 Units in Magellan Global Equities Fund (CurrencyHedged) (ASX: MHG)187,201 Units in Magellan High Conviction Trust (ASX:MHH)20,989 Units in Airlie Australian Share Fund (ASX: AASF)142,270 Units in Magellan Global Fund (Closed Class)(ASX: MGF)70,416 Units in Magellan Global Fund (Open Class) (ASX:MGOC)96,598 MGF Options (expiring 1 March 2024)20,000 units in Magellan FuturePay (Chi-X: FPAY)
Class	Units in Airlie Australian Share Fund (ASX: AASF)Units in Magellan Global Fund (Closed Class) (ASX: MGF)Units in Magellan Global Fund (Open Class) (ASX: MGOC)Units in Magellan High Conviction Trust (ASX: MHH)Units in Magellan Global Equities Fund (Currency Hedged)(ASX: MHG)

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	335 Units in Airlie Australian Share Fund (ASX: AASF)274 Units in Magellan Global Fund (Closed Class) (ASX:MGF)1,335 Units in Magellan Global Fund (Open Class) (ASX:MGOC)2,558 Units in Magellan High Conviction Trust (ASX: MHH)203 Units in Magellan Global Equities Fund (CurrencyHedged) (ASX: MHG)
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	$3.3366 per Unit in Airlie Australian Share Fund (ASX:AASF)$1.7856 per Unit in Magellan Global Fund (Closed Class)(ASX: MGF)$2.6895 per Unit in Magellan Global Fund (Open Class)(ASX: MGOC)$1.6467 per Unit in Magellan High Conviction Trust (ASX:MHH)$3.8631 per Unit in Magellan Global Equities Fund(Currency Hedged) (ASX: MHG)
No. of securities held afterchange	1,150,615 Ordinary Shares (ASX: MFG)11,699 Units in Magellan Global Equities Fund (CurrencyHedged) (ASX: MHG)189,759 Units in Magellan High Conviction Trust (ASX:MHH)21,324 Units in Airlie Australian Share Fund (ASX: AASF)142,544 Units in Magellan Global Fund (Closed Class)(ASX: MGF)71,751 Units in Magellan Global Fund (Open Class) (ASX:MGOC)96,598 MGF Options (expiring 1 March 2024)20,000 units in Magellan FuturePay (Chi-X: FPAY)
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 –+Closed period
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

23 July 2021

Authorised by

Marcia Venegas | Company Secretary

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3