MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2021

Jul 21, 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.

We (the entity) give ASX the followingthe director for thepurposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Karen Phin
Date of last notice	8 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.

be disclosed in thispart.	be disclosed in thispart.
Direct or indirect interest		Direct and Indirect
Nature of indirect interest		Eleanore Phin
(including registered holder)Note: Provide details of the circumstances giving	rise to the	Eleanore Phin and Karen Phin ATF the P A Phin PortableSuperannuation Fund (trustee)
relevant interest.		Dr Susan Phin
Date of change		1.15 July 20212.21 July 20213.21 July 2021
No. of securities held prior to change		89,312 Ordinary Shares (ASX: MFG)
		115,909 Units in Magellan Global Fund (Closed Class)(ASX: MGF)70,237 MGF Options (expiring 1 March 2024)19,049.0704 Units in Airlie Australian Share Fund122,714 Units in Magellan High Conviction Trust (ASX:MHH)
Class		1.Units in Magellan FuturePay2.Units in Magellan Global Fund (Closed Class) (ASX:MGF)3.Units in Magellan High Conviction Trust (ASX: MHH)
Number acquired		1.26,935.1200 Units in Magellan FuturePay
		2.2,376 Units in Magellan Global Fund (Closed Class)(ASX: MGF)3.1,023 Units in Magellan High Conviction Trust (ASX:MHH)
Number disposed		N/A
Value/Consideration		1.$5.9402 per Unit in Magellan FuturePay
Note: If consideration is non-cash, provide details andestimated valuation		2.$1.7856 per Unit in Magellan Global Fund (ClosedClass) (ASX: MGF).3.$1.6467 per Unit in Magellan High Conviction Trust(ASX: MHH)

• 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	89,312 Ordinary Shares (ASX: MFG)118,285 Units in Magellan Global Fund (Closed Class)(ASX: MGF)70,237 MGF Options (expiring 1 March 2024)19,049.0704 Units in Airlie Australian Share Fund123,737 Units in Magellan High Conviction Trust (ASX:MHH)26,935.1200 Units in Magellan FuturePay
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back	1.On-market purchase2.Units issued under Distribution Reinvestment Plan3.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 to whichinterest related prior to changeNote: 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 contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A
22 July 2021Authorised byMarcia Venegas	Company Secretary

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011