PEET LIMITED — Major Shareholding Notification 2022

Aug 25, 2022

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/ Scheme ACN/ ARSN 1. Details of substantial holder (1) Name ACN/ ARSN (if applicable) There was a change in the interests of th The previous notice was given to the co The previous notice was dated	Peet Limited
	008 665 834
	L1Capital PtyLtd
	21 125 378145
	e substantial holder on mpany on	25/08/2022 21/07/2022 21/07/2022

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest

(3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class ofsecurities (4)	Numberofsecurities	Numberofsecurities	Person'svotes (5)	Person'svotes (5)
	Person'svotes	Voting power(5)	Person'svotes	Voting power(5)
FPO	66,322,547	13.86%	56,044,349	11.77%

3. 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:

Date of change	Person whose relevant interest changed	Nature ofchange (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person'svotes affected
See Annexure A
elevant interests each relevant interest of the substantial holder in voting securities after the change are as follows:
Holder of relevant interest	RegisteredHolderofsecurities	Person entitled to be registered asholder(8)	Nature of relevant interest	Class and number of securities	Person'svotes
See Annexure B

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

6. Addresse The address Signature	Name a	ndACN/ARSN(ifapplicable)		Nature ofassociation
	N/A
	s es of persons	named in this form are as follows:
		Name		Address
		L1Capital PtyLtd		Level 28,101Collins Street,Melbourne,VIC, 3000
	Print name Sign here	Capacity Date Jane Stewart		26/08/2022 Head ofCompliance
(1) (2) (3) (4) (5) (6) (7) (8)	See the definiti See the definiti The voting shar The person's vo Include details (a) (b) See the definiti If the substanti Details of the c acquisition. Det associate in rel If there are a n equity trust), th throughout the form.	DIRECTIONS on of "associate" in section 9 of the Corporations Act 2001. on of "relevant interest" in sections 608 and 671B(7) of the Corporations Ac es of a company constitute one class unless divided into separate classes. tes divided by the total votes in the body corporate or scheme multiplied by of: on of "relevant agreement" in section 9 of the Corporations Act 2001. al holder is unable to determine the identity of the person (eg. if the relevant onsideration must include any and all benefits, money and other, that any p ails must be included even if the benefit is conditional on the happening or ation to the acquisitions, even if they are not paid directly to the person from umber of substantial holders with similar or related relevant interests (eg. a e names could be included in an annexure to the form. If the relevant intere form as a specifically named group if the membership of each group, with t any qualification of the power of a person to exercise, control the exercise relates (indicating clearly the particular securities to which the qualification any relevant agreement or other circumstances because of which the cha terms of any relevant agreement, and a statement by the person giving ful written statement certifying this contract, scheme or arrangement; and		t 2001. 100. interest arises because of an option) write "unknown". erson from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its whom the relevant interest was acquired. corporation and its related corporations, or the manager and trustee of an sts of a group of persons are essentially similar, they may be referred to he names and addresses of members is clearly set out in paragraph 6 of the of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest applies). nge in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the l and accurate details of any contract, scheme or arrangement, must accompany this form, together with a

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

This is Annexure "A" of page 1 referred to in the Form 604 (Notice of Change of interests of Substantial Holder), signed by me and dated 26 August 2022.

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Jane Stewart Head of Compliance

Changes in relevant interests

Date of change	Person whose relevant interest changed	Nature of change(6)	Consideration given in relation to change(7)	Class and number of securities affected	Person's votes affected
25/08/2022	L1 Capital Pty Ltd	10,278,198	$ 11,178,225.00	10,278,198	10,278,198

Annexure B

This is Annexure "B" of page 1 referred to in the Form 604 (Notice of Change of interests of Substantial Holder), signed by me and dated 26 August 2022

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Jane Stewart Head of Compliance

Details of present relevant interests

Holder of relevant interest	Registered holder of securities	Persons entitled to be a registered holder	Class and number of securities	Class and number of securities
L1 Capital Pty Ltd	National Nominees Ltd	National Nominees Ltd	1,539,726	FPO
L1 Capital Pty Ltd	State Street Australia Limited	State Street Australia Limited	2,540,261	FPO
L1 Capital Pty Ltd	Morgan Stanley	Morgan Stanley	51,964,362	FPO

56,044,349