PROPEL FUNERAL PARTNERS LIMITED — Director's Dealing 2021

Jul 26, 2021

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 Propel Funeral Partners Limited ABN 41 616 909 310

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	Fraser Henderson
Date of last notice	7 September 2020

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	The Director is a director of:-Henkay TI Pty Ltd, which in one capacity(trustee of a discretionary/family trust) isthe registered holder of 574,271 OrdinaryShares and in another capacity (trustee ofa superannuation fund) is the registeredholder of 242,274 Ordinary Shares; and-DHK TI Pty Ltd, which is the registeredholder of 14,732,667 Ordinary Shares (theDirector (through an associated entity)owns 40% of the shares in DHK TI Pty Ltdand 40% of the units in the unit trust ofwhich DHK TI Pty Ltd is the trustee).In addition, the Director holds 320,000Ordinary Sharesin his personal name.
Date of change	27 July 2020
No. of securities held prior to change	7,029,612 ordinary shares, held directly andindirectly
Class	Ordinary Shares
Number acquired	726,226 Ordinary Shares acquired in total byHenkayTIPtyLtd(astrusteeofadiscretionary/family trust)

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$2,360,234.50
No. of securities held after change	7,755,838 ordinary shares held directly andindirectly
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Off-market purchase from Propel InvestmentsPty Ltd (Manager), which was issued shares inconnection with the termination of themanagement agreement made between theentity and the Manager.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come withdisclosed in this part.	in paragraph (ii) of the definition of “notifiable interest of a director” should be
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 to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Yes
If so, was prior written clearance provided to allow thetrade to proceed during this period?	Yes
If prior written clearance was provided, on what date wasthis provided?	22 July 2021

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011