PEET LIMITED — Major Shareholding Notification 2021

Jul 1, 2021

Form605

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To: Company Name/Scheme: Peet Limited ACN/ARSN: 008 665 834

1. Details of substantial holder

Name: Mitsubishi UFJ Financial Group, Inc. The holder ceased to be a substantial holder on: 29/06/2021 The previous notice was given to the company on: 23/06/2021 The previous notice was dated: 23/06/2021 The holder became aware on: 1/07/2021

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

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Person whose Class and
Date of change relevant interest changed Nature of change Consideration given in relation to change number of securities affected Person's votes affected
See annexure A to
this notice
3. Changes in association
The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the
substantial holder in relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable) Nature of association
Not Applicable Not Applicable
4. Addresses
The addresses of persons named in this form are as follows:
Name Address
Mitsubishi UFJ Financial Group, Inc. 2-7-1, Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan
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5. Signature

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Dated 02 July 2021
Authorised signatory
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Page 1

AnnexureA

Annexure A

This is annexure A of 1 page referred to in Form 605, Notice of change of interest of substantial holder dated 02 July 2021

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Authorised signatory Dated 02 July 2021
Consideration given in Class and number of securities
Date of change Person whose relevant interest changed Nature of change relation to change affected Person's votes affected
21/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 130,858.59 111,010 Ordinary Shares 111,010
21/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 130,902.99 111,010 Ordinary Shares 111,010
21/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 546,951.41 463,990 Ordinary Shares 463,990
21/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 547,137.01 463,990 Ordinary Shares 463,990
22/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 80,630.40 68,765 Ordinary Shares 68,765
22/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 11,363.18 9,691 Ordinary Shares 9,691
22/06/2021 Mitsubishi UFJ Financial Group, Inc. Collateral Received by an entity controlled by Morgan Stanley - see Annexure B N/A 664,631 Ordinary Shares 664,631
23/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 283,701.52 244,623 Ordinary Shares 244,623
23/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 32,423.13 27,957 Ordinary Shares 27,957
23/06/2021 Mitsubishi UFJ Financial Group, Inc. Collateral Returned by an entity controlled by Morgan Stanley - see Annexure B N/A 664,629 Ordinary Shares 664,629
24/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 215,279.75 184,984 Ordinary Shares 184,984
24/06/2021 Mitsubishi UFJ Financial Group, Inc. Purchase of securities by an entity controlled by Morgan Stanley 444.13 374 Ordinary Shares 374
24/06/2021 Mitsubishi UFJ Financial Group, Inc. Purchase of securities by an entity controlled by Morgan Stanley 993.65 835 Ordinary Shares 835
24/06/2021 Mitsubishi UFJ Financial Group, Inc. Collateral Returned by an entity controlled by Morgan Stanley - see Annexure B N/A 2 Ordinary Shares 2
25/06/2021 Mitsubishi UFJ Financial Group, Inc. Sale of securities by an entity controlled by First Sentier Investors Holdings Pty Ltd 276,981.48 239,710 Ordinary Shares 239,710
25/06/2021 Mitsubishi UFJ Financial Group, Inc. Purchase of securities by an entity controlled by Morgan Stanley 235.00 200 Ordinary Shares 200
25/06/2021 Mitsubishi UFJ Financial Group, Inc. Purchase of securities by an entity controlled by Morgan Stanley 1,345.20 1,140 Ordinary Shares 1,140
29/06/2021 Mitsubishi UFJ Financial Group, Inc. Collateral Returned by an entity controlled by Morgan Stanley - see Annexure B N/A 24,135,266 Ordinary Shares 24,135,266
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AnnexureB

Annexure B

This is annexure B of 1 page referred to in Form 605, Notice of ceasing to be a substantial holder dated 02 July 2021

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Authorised signatory Dated 02 July 2021

The below schedules are based on the relevant standard agreements. The entity filing the report will, if requested by the company or responsible entity to whom the prescribed form must be given or ASIC, give a copy of the agreement to the company, responsible entity or ASIC.

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Schedule
Type of Agreement International Prime Brokerage Agreement
Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley
Parties to agreement
Companies and EQUITY TRUSTEES LIMITED AS TRUSTEE FOR L1 CAPITAL LONG SHORT FUND
Transfer Date 20210629;
Holder of Voting Rights Prime broker has the right to vote securities rehypothecated from the Client.
Are there any restrictions on voting rights? Yes/N o
If yes, detail Not applicable
Scheduled Return Date (if any) Open
Does the borrower have the right to return early? Ye s/No
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early? Ye s/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares by the client.
Will the securities be returned on settlement? Ye s/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an
account shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account
shall be payable.
Schedule
Type of Agreement International Prime Brokerage Agreement
Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley
Parties to agreement
Companies and CERES CAPITAL PTY LTD
Transfer Date 20210629;
Holder of Voting Rights Prime broker has the right to vote securities rehypothecated from the Client.
Are there any restrictions on voting rights? Yes/N o
If yes, detail Not applicable
Scheduled Return Date (if any) Open
Does the borrower have the right to return early? Ye s/No
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early? Ye s/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares by the client.
Will the securities be returned on settlement? Ye s/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an
account shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account
shall be payable.
Schedule
Type of Agreement International Prime Brokerage Agreement
Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley
Parties to agreement
Companies and L1 LONG SHORT FUND LIMITED
Transfer Date 20210629;
Holder of Voting Rights Prime broker has the right to vote securities rehypothecated from the Client.
Are there any restrictions on voting rights? Yes/N o
If yes, detail Not applicable
Scheduled Return Date (if any) Open
Does the borrower have the right to return early? Ye s/No
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early? Ye s/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares by the client.
Will the securities be returned on settlement? Ye s/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an
account shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account
shall be payable.
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