MORPHIC ETHICAL EQUITIES FUND LIMITED — Net Asset Value 2022

Mar 21, 2022

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----- Start of picture text ----- M o r p h i cE t h i c a lE q u i t i e s N TA AN NO UN C EMENTF u n d22 March 2022A S X : M E C----- End of picture text -----

Market Announcements Platform Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

Corrected NTA for 18 March 2022

The estimated unaudited Net Tangible Assets per share (NTA) was incorrectly advised as 1.2627 Pre-Tax and 1.2604 Post Tax. The correct unaudited NTA reflecting the 1.5c dividend payable at 31 March 2022 and closing share price of Morphic Ethical Equities Fund Limited as at 18 March 2022 is noted below.

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----- Start of picture text ----- Dollars per shareEstimated NTA Pre-tax 1.2477Estimated NTA Post-tax 1.2454Share price 1.180----- End of picture text -----

Please contact MEC’s Investor Relations team on 02 9021 7701, if you require more information about this announcement.

Level 11, 179 Elizabeth Street , Sydney NSW 2000

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