Perpetual Limited — Director's Dealing 2023

Sep 7, 2023

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	Perpetual Limited
ABN	86 000 431 827

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	Rob Adams
Date of last notice	7 November 2022

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 Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.
Date of change	5 September 2023
No. of securities held prior tochange	Direct•22,203 Perpetual Limited ordinary shares in thename of Mr Robert Adams.•10,551 Perpetual Limited restricted ordinary shares.•280,505Performance Rights held by Mr RobertAdams.•55,803 Share Rights held by Mr Robert Adams.Indirect•7,991 Perpetual Limited ordinary shares in the nameof Portfolio Service SuperWrap – Personal Super Plan(superannuation fund).•1,807 Perpetual Limited ordinary shares in the nameof Trinafour Investments Pty Ltd (family trust).•514 Perpetual Limited ordinary shares in the name ofMrs Wendy Adams, the mother of Mr Robert Adams.

+ See chapter 19 for defined terms.

Class	Share Rights, Performance Rights, Restricted Shares
Number acquired	•21,560 Perpetual Limited restricted ordinary shares.•10,551 Perpetual Limited ordinary shares.
Number disposed	•21,560 Perpetual Limited share rights vested intoPerpetual Limited restricted ordinary shares.•10,551 Perpetual Limited restricted shares convertedinto Perpetual Limited ordinary shares.•27,213 Performance Rights lapsed.
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Nil –•Share rights vested into Perpetual Limited restrictedordinary shares pursuant to the KMP Variable IncentivePlan.•Perpetual Limited Restricted Ordinary shares converted intounrestricted ordinary shares pursuant to the KMP VariableIncentive Plan.•Performance Rights lapsed as a result of not meeting therequired performance hurdle.
No. of securities held after change	Direct•32,754 Perpetual Limited ordinary shares in the nameof Mr Robert Adams.•21,560 Perpetual Limited restricted ordinary shares.•253,292Performance Rights held by Mr RobertAdams.•34,243 Share Rights held by Mr Robert Adams.Indirect•7,991 Perpetual Limited ordinary shares in the name ofPortfolio Service SuperWrap – Personal Super Plan(superannuation fund).•1,807 Perpetual Limited ordinary shares in the name ofTrinafour Investments Pty Ltd (family trust).•514 Perpetual Limited ordinary shares in the name ofMrs Wendy Adams, the mother of Mr Robert Adams.

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation in buyback

•5,275 Performance Rights granted on 1 September2019 with a vesting date of 1 September 2023 lapseddue to failing to meet the relevant performancethreshold.•21,938 Performance Rights granted on 1 September2020 with a vesting date of 1 September 2023 lapseddue to failing to meet the relevant performancethreshold.•21,560 Perpetual Limited share rights granted on 1September 2021 vested into Perpetual Limited shares,subject to restriction for a further two years.•10,551 Perpetual Limited restricted shares granted on1 September 2019 converted into Perpetual Limitedordinary shares.Details of these awards can be found in Perpetual's 2023Remuneration Report.

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	Not applicable.
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details andan estimated valuation
Interest after change

+ See chapter 19 for defined terms.

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	Not applicable
above traded during a +closed periodwhere prior writtenclearance was required?
If so, was prior written clearance provided to allow thetrade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date wasthis provided?	Not applicable

+ See chapter 19 for defined terms.