QUALITAS LIMITED — Director's Dealing 2022

Jul 6, 2022

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	Qualitas Limited (Company)
ABN	46 655 057 588

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	Andrew Fairley AM
Date of last notice	28 June 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 indirectinterest

Direct and indirect interests

Nature of indirectinterest(including registeredholder)Note: Provide details of thecircumstances giving rise tothe relevant interest.

1) Ordinary shares in the Company (Ordinary Shares) registered in the nameof Boroko Pty Ltd as trustee for the Fairley Super Scheme and BurnewangHoldings Pty Ltd as trustee for the Fairley Investment Trust. Relevantinterest arising under section 608(3) of the Corporations Act 2001 (Cth) byvirtue of the power to control the exercise of the right of Boroko Pty Ltd astrustee for the Fairley Super Scheme and Burnewang Holdings Pty Ltd astrustee for the Fairley Investment Trust to vote and dispose of thesecurities.2) Units in Qualitas Real Estate Income Fund (ASX:QRI) (QRI Units) registeredin the name of Boroko Pty Ltd as trustee for the Fairley Super Scheme andGoulburn Valley Broadcasters Pty Ltd. Relevant interest arising undersection 608(3) of the Corporations Act 2001 (Cth) by virtue of the power tocontrol the exercise of the right of Boroko Pty Ltd as trustee for the FairleySuper Scheme and Goulburn Valley Broadcasters Pty Ltd to vote anddispose of the securities.Notified in accordance with a Company internal policy requiring directors ofthe Company to provide notice of QRI Units held and changes to number ofQRI Units held.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Date of cha	Date of cha
	Date of cha	nge	1 Jul	y 2022
	No.of	securities	1)	0000 Ordinary S	hares registere	in the name	of Boroko Pty Lt	d as trustee
	held prior t	o change	f2)	,or the Fairley Sup187,400 Ordinary	er Scheme.Shares registere	d in the name	of Burnewang	Holdings Pty
			L	td as trustee for	the Fairley Inves	tment Trust.
			3) 4) t	0,000 Ordinary S142,729 QRI Unithe Fairley Super	hares registereds registered in tScheme.	in the name ohe name of B	f Andrew Fairleoroko Pty Ltd as	y AM.trustee for
	Class		1) 2)	Ordinary Shares inUnits in Qualitas R	the Company (eal Estate Inco	Ordinary Shareme Fund (ASX:	s)QRI) (QRI Units)
	Number ac	quired	21,4	30 QRI Units regi	stered in the n	ame of Goulb	urn Valley Broa	dcasters Pty
			Ltd.
	Number dis	posed	Nil
	Value/Cons	ideration	$1.3	977 per QRI Unit
	Note: If consnon-cash, prov	ideration iside details
	and estimated v	aluation
	No.of held after c	securitieshange	1) f	20,000 Ordinary Sor the Fairley Sup	hares registereder Scheme.	in the name	of Boroko Pty Lt	d as trustee
			2) 187,400 Ordinary Shares registered in the name of Burnewang Holdings PtyLtd as trustee for the Fairley Investment Trust.3) 50,000 Ordinary Shares registered in the name of Andrew Fairley AM.4)142729 QRI Units reistered in the name of Boroko Pt Ltd as trustee for
			, g ythe Fairley Super Scheme.
			5)	21,430 QRI UnitsPty Ltd	registered in th	e name of Go	ulburn Valley B	roadcasters
	Nature ofExample: on-m	hangearket trade,	On-	arket purchase o	f QRI Units.
	off-market tradoptions, issue	e, exercise ofof securities
	underreinvestment	dividendplan,
participation in	participation in	buy-back

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 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 in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3