MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2021

Jan 18, 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	Paul Lewis
Date of last notice	14 December 2020

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 giving rise to the relevant interest.	PAJ Lewis Superannuation Fund Pty Ltd PAJ Lewis Pty Limited Melissa Lewis Foundation The PAJ Trust
Date of change	1 January 2021 and 15 January 2021
No. of securities held prior to change	1,350,000 Fully Paid Ordinary Shares (ASX: MFG) 602,932.2286 Units in Magellan Global Fund (Open Class Units) (ASX: MGOC) 1,331,390.2060 Units in Magellan Infrastructure Fund 1,496,053 Units in Magellan High Conviction Trust (ASX: MHH) 877,056.2096 Units in Magellan High Conviction Fund – Class B 408,452.2383 Units in Airlie Australian Share Fund 703,998 Units in Magellan Global Fund (Closed Class) (ASX: MGF)
Class	Units inAirlie Australian Share Fund Units in Magellan High Conviction Fund – Class B Units in Magellan Infrastructure Fund

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	7,302.5531 Units inAirlie Australian Share Fund 12,657.6355 Units in Magellan High Conviction Fund – Class B 28,820.7364Units in Magellan Infrastructure Fund
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$2.9141per Unit inAirlie Australian Share Fund $1.1918 Units in Magellan High Conviction Fund – Class B $1.2519 per Unit in Magellan Infrastructure Fund
No. of securities held after change	1,350,000 Fully Paid Ordinary Shares (ASX: MFG) 602,932.2286 Units in Magellan Global Fund (Open Class Units) (ASX: MGOC) 1,360,210.9424 Units in Magellan Infrastructure Fund 1,496,053 Units in Magellan High Conviction Trust (ASX: MHH) 889,713.8451 Units in Magellan High Conviction Fund – Class B 415,754.7914 Units in Airlie Australian Share Fund 703,998 Units in Magellan Global Fund (Closed Class) (ASX: MGF)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Units issued under the DRP

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 –+Closed period
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

19 January 2021

Authorised by

Marcia Venegas | Company Secretary

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3