RAIZ INVEST LIMITED — Director's Dealing 2021

Jul 18, 2021

ASX Release

19 July 2021

Raiz Invest Limited (RZI): Change of Director's Interest Notice

An Appendix 3Y for Mr George Lucas is attached, which provides details of the disposal of some indirect interests in shares, pursuant to orders of the Family Court of Australia.

• ENDS -

Market Announcement authorised by:

Kevin Moore Chair Raiz Invest Limited

Investor and Media Enquiries:

Brendan Malone ir@raizinvest.com.au

About Raiz

Raiz Invest Limited (ASX: RZI) is Australia's largest, mobile-first financial services platform designed to boost investing and savings in and outside of superannuation, available via the Raiz app or its website.

To gain greater insight to the Raiz business and our strategy, watch our short video by visiting https://raizinvest.com.au/investors/

Since launching in 2016 Raiz has achieved solid growth, amassing more than 1.8 million downloads, over 1,784,000 signups, with over 456,000 active monthly customers and over $799 million funds under management as at 30 June 2021.

Raiz was awarded Australia's Investment Innovator of the Year at the 2017, 2018 and Investment Platform Innovator of the Year 2019 FinTech Business Awards, won the 2018 Australian FinTech Award for FinTech Innovation in Wealth Management (Robo-Advice) and won Best Fintech Superannuation Service/Platform at the 2020 FinTech Awards. Raiz Invest Super was also a finalist in the SuperRatings Best Innovation for 2020 at the Superannuation awards. Raiz was ranked #27th in Deloitte's Australian Fast 50 winners Report for 2020. The Raiz platform continues to grow with over 17 new products and features released since launch.

Raiz Invest Limited operates in Australia, Indonesia and Malaysia as part of the growth and expansion strategy of the business throughout Southeast Asia.

For more information visit: www.raizinvest.com.au

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	Raiz Invest Limited (ASX: RZI)
ABN	74 615 510 177

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	George Simon Lucas
Date of last notice	2 June 2021

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.	G&S Lucas Pty Ltd <g&s lucas="" super<br="">Fund>BBH-GL Nominees Pty Ltd <back beach<br="">Pty Ltd & Back Beach Family a/c></g&s>
Date of change	13 July 2021

+ See chapter 19 for defined terms.

No. of securities held prior to change	Direct:10,000 fully paid ordinary shares1,000,000unquotedoptionsvestingon21June2021,exercisable at $1.80 per option andexpiring on 20 June 2028.500,000 unquoted options, vestingon 4 January 2024, exercisable at$1.144 per option, expiring on 3January2026(ifnotexercisedprior).
	Indirect:G&S Lucas Pty Ltd <g&s lucas<br="">Super Fund> 415,013 fully paidordinary sharesBBH-GLNomineesPtyLtd6,358,338fullypaidordinaryshares</g&s>
Class	Fully paid ordinary sharesUnquoted options
Number acquired	Nil
Number disposed	Indirect interest in 2,315,013 shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	N/a – disposal pursuant to orders of theFamily Court of Australia
No. of securities held after change	Direct:10,000 fully paid ordinary shares1,000,000 unquoted optionsvesting on 21 June 2021,exercisable at $1.80 per option andexpiring on 20 June 2028.500,000 unquoted options, vestingon 4 January 2024, exercisable at$1.144 per option, expiring on 3January2026(ifnotexercisedprior).Indirect:BBH-GL Nominees Pty Ltd4,458,338 fully paid ordinaryshares

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	Disposal of indirect interests in sharespursuant to orders of the Family Court ofAustralia

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	n/a
Nature of interest	n/a
Name of registered holder	n/a
(if issued securities)
Date of change	n/a
No. and class of securities to which	n/a
interest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
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 detailed	Yes
above traded during a +closedperiod where prior written
clearance was required?
If so, was prior written clearance provided to allow the	Yes
trade to proceed during this period?
If prior written clearance was provided, on what date was	7 July 2021
this provided?

+ See chapter 19 for defined terms.