MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2024

Jul 25, 2024

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 Ltd 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	2 January2024

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 circumstancesgivingrise to the relevant interest.	Superannuation FundFamily Trust
Date of change	22 July 2024
No. of securities held prior tochange	80,854 Ordinary Shares in Magellan Financial GroupLtd (ASX: MFG)10,112 MFG Options (expiring 16 April 2027) (ASX:MFGO)243,658 Units in Magellan High Conviction Trust (ASX:MHHT)396,396 Units in Magellan Global Fund (Closed Class)(ASX: MGF)16,685 Units in Airlie Australian Share Fund (ASX:AASF)
Class	1. Units in Magellan Global Fund (Open Class)(ASX:MGOC)2. Units in Magellan Global Fund (Closed Class)(ASX:MGF)
Number acquired	1. 291,763 Units in Magellan Global Fund (OpenClass) (ASX:MGOC)
Number disposed	2. 396,396 Units in Magellan Global Fund (ClosedClass) (ASX:MGF) *

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	1. No cash consideration. Units in the MagellanGlobal Fund (Open Class) were issued at $3.0145per unit, as consideration for the redemption ofMagellan Global Fund (Closed Class) units.2. No cash consideration. Magellan Global Fund(Closed Class) units were redeemed at $2.2188per unit, and Magellan Global Fund (Open Class)units were issued as consideration for theirredemption.
No.ofsecuritiesheldafterchange	80,854 Ordinary Shares in Magellan Financial GroupLtd (ASX: MFG)10,112 MFG Options (expiring 16 April 2027) (ASX:MFGO)243,658 Units in Magellan High Conviction Trust (ASX:MHHT)16,685 Units in Airlie Australian Share Fund (ASX:AASF)291,763 Units in Magellan Global Fund (Open Class)(ASX:MGOC)
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions,issueofsecuritiesunderdividendreinvestment plan, participation in buy-back	1. On 22 July 2024, the conversion of MagellanGlobal Fund's Closed Class Units to Open ClassUnits (that was approved by unitholders atmeetings held on 26 June 2024) was implemented.As a result, eligible Closed Class Unitholders hadtheir Closed Class Units redeemed and were issuedwith new units in the Magellan Global Fund (OpenClass) (ASX: MGOC) at the Conversion Ratio.2. Same as (1).

***** Units were not disposed, but rather were redeemed and Closed Class Unitholders were issued with new units in the Magellan Global Fund (Open Class) (ASX:MGOC)

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

disclosedinthis 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

26 July 2024

Authorised by

Marcia Venegas | Company Secretary

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3