QUALITAS LIMITED — Director's Dealing 2022

Jun 27, 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	15 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.Relevant interest arising under section 608(3) of the Corporations Act 2001(Cth) by virtue of the power to control the exercise of the right of BorokoPty Ltd as trustee for the Fairley Super Scheme to vote and dispose of thesecurities.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 change	23 June 2022
No.ofsecuritiesheld prior to change	1) 20,000 Ordinary Shares registered in the name of Boroko Pty Ltd as trusteefor the Fairley Super Scheme.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) 107,229 QRI Units registered in the name of Boroko Pty Ltd as trustee forthe Fairley Super Scheme.
Class	1) Ordinary Shares in the Company (Ordinary Shares)2) Units in Qualitas Real Estate Income Fund (ASX:QRI) (QRI Units)
Number acquired	35,500 QRI Units registered in the name of Boroko Pty Ltd as trustee for theFairley Super Scheme.
Number disposed	Nil
Value/ConsiderationNote: If consideration isnon-cash, provide detailsand estimated valuation	$1.4075 per QRI Unit
No.ofsecuritiesheld after change	1) 20,000 Ordinary Shares registered in the name of Boroko Pty Ltd as trusteefor the Fairley Super Scheme.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) 142,729 QRI Units registered in the name of Boroko Pty Ltd as trustee forthe Fairley Super Scheme.
Nature of changeExample: on-market trade,off-market trade, exercise ofoptions, issue of securitiesunderdividendreinvestmentplan,participation in buy-back	On-market purchase of QRI Units.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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