REECE LIMITED — Director's Dealing 2021

May 5, 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 30/9/2001. Amended 1/1/2011.

**Name **	**of **	entity Reece Ltd
ABN		490 043 131 33

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	Peter John Wilson
Date of last notice	4 May2020

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.

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Direct or indirect interest Direct: Relevant interests directly held: 532,500 shares
571,874 options
Indirect: Relevant interests held
because of the operation of section
608(3)(a) of the Corporations Act 2001 16,801,600 shares
(Cth) ( Act ):
102,834,688 shares
Relevant interests held because of the
operation of section 608(1)(c) of the Act:
Total: 120,740,662
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• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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Nature of indirect interest Relevant interest deemed under section 608(3)(a) of Act due to a
director's interests in the following registered holders:
(including registered holder)
 WAL Investments Pty Ltd
Note: Provide details of the circumstances giving rise
to the relevant interest. Relevant interest deemed under section 608(1)(c) of the Act. As set out
in various substantial holder notices lodged by Two Hills Holdings Pty
Ltd, Mr Wilson is party to a Pre-Emptive Rights Agreement (a copy is
annexed to the substantial holder notice dated 24 April 2017). On a strict
reading of section 608(1)(c) of the Act, Mr Wilson arguably has a
relevant interest in the shares set out in the various substantial holder
notices lodged by Two Hills Holdings Pty Ltd by virtue of the Pre-
Emptive Rights Agreement ( Pre-Emptive Shares ), even though he does
not have the right to demand the Pre-Emptive Shares. The registered
holders of the Pre-Emptive Shares are:
 WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson
Property Trust;
 Leslie Alan Wilson;
 Claire Elizabeth Worley;
 David Alan Wilson;
 Abtourk (Vic No.11) Pty Ltd as trustee for the John Gay
Wilson Property Trust;
 JGW Investments Pty Ltd;
 John Gay Wilson;
 Bruce Campbell Wilson;
 Naomi Jane Wilson;
 Tyara Pty Ltd as trustee for the Bruce WC Wilson Property
Trust;
 Florizel Investments Pty Ltd;
 Bruce WC Wilson;
 Andrew William Wilson;
 Penelope Kate Callaghan;
 James Bruce Wilson;
 Geronimo Custodian Pty Ltd as trustee for the Geronimo
Custodian Trust;
 Glentemp Custodian Pty Ltd as trustee for the Glentemp
Custodian Trust; and
 Cub Custodian Pty Ltd as trustee for the Cub Custodian Unit
Trust,
(the Two Hills Parties ).
Date of change 29 October 2020 and 30 October 2019
No. of securities held prior to Direct: Relevant interests directly held: 532,500 shares
change
Indirect: Relevant interests held because
of the operation of section 608(3)(a) of
the Act:
16,801,600 shares
Relevant interests held because of the
102,834,688 shares
operation of section 608(1)(c) of the Act:
Total: 120,168,788 shares (held
prior to change on 29
October 2020)
Class Options under the Company’s LTI Plan
Number acquired 571,874 options
Number disposed 0
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

1/1/2011

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/A
No. of securities held after change	Direct:Relevant interests directly held:	532,500 shares 571,874 options
	Indirect:Relevant interests held because of the operation of section 608(3)(a) of the Act: Relevant interests held because of the operation of section 608(1)(c) of the Act: Total:	16,801,600 shares 102,834,688 shares 120,740,662
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	267,588 options issued under the Company’s LTI Plan on 29 October 2020 in accordance with shareholder approval obtained at the Company’s 2020 AGM and 304,286 options issued under the Company’s LTI Plan on 30 October 2019 in accordance with shareholder approval obtained at the Company’s 2019 AGM.

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.

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Detail of contract N/A
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 which
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
N/A
Interest acquired
N/A
Interest disposed
N/A
Value/Consideration
Note: If consideration is non-cash, provide details and an
estimated valuation
N/A
Interest after change
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• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Part 3 – Closed period

art 3 – Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

1/1/2011