SANDFIRE RESOURCES LIMITED — Major Shareholding Notification 2018

Apr 23, 2018

Form 604 Corporations Act 2001
Section 671B

604

Notice of change of interests of substantial holder

To Company Name/Scheme		SANDFIRE RESOURCES NL
ACN/ARSN	105 154 185
1. Details of substantial holder (1) Name		Mitsubishi UFJ Financial Group, Inc.
ACN/ARSN (if applicable)	Not Applicable
There was a change in the interests of the
substantial holder on		19 April 2018
The previous notice was given to the company on		20 April 2018
The previous notice was dated		20 April 2018
The holder became aware on		23 April 2018

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	10.388.066	6.57% (Based on 158,187,038 Ordinary Shares Outstanding)	8.464.436	5.35% (Based on 158,187,038 Ordinary Shares Outstanding)

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change (MM/DD/YYYY)	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of Securities affected	Person's votes affected
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	4.071.48	488 Ordinary Shares	488
	Mitsubishi UFJ Financial	Purchase of securities by an entily
4/18/2018	Group, Inc.	controlled by Morgan Stanley	492.95	59 Ordinary Shares	59
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	316.97	38 Ordinary Shares	38
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	876.75	105 Ordinary Shares	105
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	827.00	100 Ordinary Shares	100
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	458.70	55 Ordinary Shares	55
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018.	Group, Inc.	controlled by Morgan Stanley	4.247.45	509 Ordinary Shares	509
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	175.56	21 Ordinary Shares	21
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	16.590.08	1,994 Ordinary Shares	1.994
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	726.24	89 Ordinary Shares	89
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	808.50	98 Ordinary Shares	98
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	6.748.32	827 Ordinary Shares	827
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	716.01	87 Ordinary Shares	87
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	1,600.95	195 Ordinary Shares	195

4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	3,436.20	414 Ordinary Shares	414
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	41.65	5 Ordinary Shares	5.
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	591.43	71 Ordinary Shares	71
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	4,264.00	520 Ordinary Shares	520
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	752.56	92 Ordinary Shares	92
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	1,766.38	217 Ordinary Shares	217
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	6,617.99	794 Ordinary Shares	794
4/18/2018	Group, Inc.	controlled by Morgan Stanley	5,531.12	664 Ordinary Shares	664
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	389.16	47 Ordinary Shares	47
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	15,334.00	1,870 Ordinary Shares	1,870
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,811.95	217 Ordinary Shares	217
4/18/2018	Milsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,122.53	135 Ordinary Shares	135
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,121.85		135
4/18/2018	Mitsubishi UFJ Financial	Purchase of securities by an entity		135 Ordinary Shares
	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	2.338.56	288 Ordinary Shares	258
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	631 56	76 Ordinary Shares	76
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	1,901.25	234 Ordinary Shares	234
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	584.50	70 Ordinary Shares	70
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	108.03	13 Ordinary Shares	13
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	4,220.04	506 Ordinary Shares	506
4/18/2018	Group, Inc.	controlled by Morgan Stanley	8,419.84	1,012 Ordinary Shares	1,012
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	4,370.16	524 Ordinary Shares	524
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	933.38	113 Ordinary Shares	113
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	3,813.40	460 Ordinary Shares	460
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,010.35	121 Ordinary Shares	121
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	2,186.52	266 Ordinary Shares	266
4/18/2018	Milsubishi UFJ Financial Group, Inc.	Purchase of securities by an enlity controlled by Morgan Stanley	5,313.29	639 Ordinary Shares	639
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	3,665.20	440 Ordinary Shares	440
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	792.30	95 Ordinary Shares	95
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	132.64	16 Ordinary Shares	16
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	2.146.56	258 Ordinary Shares	258
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entily controlled by Morgan Stanley	5,253.36	636 Ordinary Shares	636
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,740.97	209 Ordinary Shares	209
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,250.01	153 Ordinary Shares	153
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	2,301.39	281 Ordinary Shares	281
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	2,838.93	346 Ordinary Shares	346
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	99.96	12 Ordinary Shares	12
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,934.88	232 Ordinary Shares	232
4/18/2018	Milsubishi UFJ Financial Group, Inc.	Purchase of securities by an enlity controlled by Morgan Stanley	224.64	27 Ordinary Shares	27
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	3,490.30	418 Ordinary Shares	418
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,260.08	152 Ordinary Shares	152
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	15 335.76	1,884 Ordinary Shares	1,884
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,609.49	197 Ordinary Shares	197
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	4,520.06	557 Ordinary Shares	557

$\ddot{\phantom{0}}$

	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	9,018.88	1,084 Ordinary Shares	1,084
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	3.294.30
	Mitsubishi UFJ Financial	Purchase of securities by an entity		395 Ordinary Shares	395
4/18/2018	Group, Inc.	controlled by Morgan Stanley	2,646.95	317 Ordinary Shares	317
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	3,873.45	465 Ordinary Shares	465
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	7,649.04	942 Ordinary Shares	942
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	4,567.68	549 Ordinary Shares	549
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	22,046.43	2,653 Ordinary Shares	2,653
4/18/2018	Group, Inc.	controlled by Morgan Stanley	887.03	107 Ordinary Shares	107
	Milsubishi UFJ Financial	Purchase of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	3,998.40	480 Ordinary Shares	480
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	5,689.39	683 Ordinary Shares	633
	Mitsubishi UFJ Financial	Sale of securities by an enlity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	8.03	-1 Ordinary Shares	-1
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	3,121.73	-389 Ordinary Shares	-389
4/18/2018	Group, Inc.	controlled by Morgan Stanley	2,776.65	-346 Ordinary Shares	-346
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley	353.10	-44 Ordinary Shares	-44
4/18/2018	Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	504.00	-63 Ordinary Shares	$-63$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	2,336.73	-291 Ordinary Shares	-291
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity
	Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	225.96	-28 Ordinary Shares	$-28$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	120.30	-15 Ordinary Shares	$-15$
	Mitsubishi UFJ Financial	Sale of securities by an enlity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an enlity	9,246.00	-1,150 Ordinary Shares	$-1,150$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	160.60	-20 Ordinary Shares	$-20$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	152.57	-19 Ordinary Shares	$-19$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	112.00	-14 Ordinary Shares	-14
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	32,12	-4 Ordinary Shares	-4
4/18/2018	Group, Inc.	controlled by Morgan Stanley	288.36	-36 Ordinary Shares	$-36$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	1,169.46	-146 Ordinary Shares	-146
4/18/2018	Group, Inc.	controlled by Morgan Stanley	24.21	-3 Ordinary Shares	$-3$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	351.56	-44 Ordinary Shares	$-44$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	2,232.34	-278 Ordinary Shares	$-278$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Milsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	1,624.08	-202 Ordinary Shares	$-202$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	2,211.00	-275 Ordinary Shares	$-275$
	Mitsubishi UFJ Financial	Sale of securilies by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	5,086.80	-628 Ordinary Shares	$-628$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	797.94	-99 Ordinary Shares	-99
	Mitsubishi UFJ Financial	Sale of securities by an enlity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	2,146.68	-268 Ordinary Shares	-268
4/18/2018	Group, Inc.	controlled by Morgan Stanley	1,678.27	-209 Ordinary Shares	$-209$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an enlity	2,162.76	-269 Ordinary Shares	$-269$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	979.66	-122 Ordinary Shares	$-122$
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity
	Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	1,125.90	-139 Ordinary Shares	$-139$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	1,054.30	-130 Ordinary Shares	$-130$
4/18/2018	Milsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	603.00
	Mitsubishi UFJ Financial	Sale of securities by an entity	$\mathbf{r}$	-75 Ordinary Shares	$-75$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	866 16	-108 Ordinary Shares	$-108$
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	152.00	-19 Ordinary Shares	$-19$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/18/2018	Group, Inc.	controlled by Morgan Stanley	19,761.83	-2,461 Ordinary Shares	-2.461
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	112.70	-14 Ordinary Shares	$-14$

$\frac{1}{2}$

4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	1,809.00	-225 Ordinary Shares	-225
4/18/2018	Mitsubishi UFJ Financial	Sale of securities by an entity
	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	825.03	-103 Ordinary Shares	$-103$
4/18/2018	Group, Inc. Milsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	345.08	-43 Ordinary Shares	-43
4/18/2018	Group, Inc.	controlled by Morgan Stanley	527.80	-65 Ordinary Shares	$-65$
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	990.15	-123 Ordinary Shares	$-123$
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	1,034.24
	Mitsubishi UFJ Financial	Sale of securities by an entily		-128 Ordinary Shares	$-128$
4/18/2018	Group, Inc. Milsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	393.47	-49 Ordinary Shares	-49
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	64.08	-8 Ordinary Shares	-8
4/18/2018	Group, Inc.	controlled by Morgan Stanley	119.70	-15 Ordinary Shares	$-15$
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	1,160.00	-145 Ordinary Shares	$-145$
4/18/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	18 331.20	-2,280 Ordinary Shares	-2,280
	Mitsubishi UFJ Financial	Sale of securities by an enlity
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	1,485.55	-185 Ordinary Shares	$-185$
4/18/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	223 44	-28 Ordinary Shares	$-28$
4/18/2018	Group, Inc.	controlled by Morgan Stanley	28070	-35 Ordinary Shares	$-35$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	126 45	15 Ordinary Shares	15
4/19/2018	Milsubishi UFJ Financial Group, Inc.	Purchase of securities by an entily controlled by Morgan Stanley	841.01	99 Ordinary Shares	99
4/19/2018	Mitsubishi UFJ Financial	Purchase of securities by an entity
	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	424.50	50 Ordinary Shares	50
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	346.45	41 Ordinary Shares	41
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	12,322.40	1,460 Ordinary Shares	1,460
4/19/2018	Group, Inc.	controlled by Morgan Stanley	23,434.20	2,770 Ordinary Shares	2,770
4/19/2018	Milsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	253.80	30 Ordinary Shares	30
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	30.393.86	3,559 Ordinary Shares	3,559
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley
	Mitsubishi UFJ Financial	Purchase of securities by an entity	161.03	19 Ordinary Shares	19
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	10.422.45	1,219 Ordinary Shares	1,219
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	7,191.03	849 Ordinary Shares	849
4/19/2018	Group, Inc.	controlled by Morgan Stanley	21.886.48	2,584 Ordinary Shares	2,584
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	6,819.15	807 Ordinary Shares	807
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	937.95	111 Ordinary Shares	111
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	19.646.25	2,325 Ordinary Shares	2,325
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	56,629.44	6,678 Ordinary Shares	6,678
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley	7,089.28	836 Ordinary Shares	836
4/19/2018	Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	22,766.57	2,669 Ordinary Shares	2,669
4/19/2018	Milsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	8,990.80	1,064 Ordinary Shares	1,064
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,865.24
	Mitsubishi UFJ Financial	Purchase of securities by an entity		221 Ordinary Shares	221
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	10,467.30	1,230 Ordinary Shares	1,230
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an enlity	287.98	34 Ordinary Shares	34
4/19/2018	Group, Inc.	controlled by Morgan Stanley	10,617.30	1,255 Ordinary Shares	1,255
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	23,275.56	2,748 Ordinary Shares	2,748
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	9,379.35	1,097 Ordinary Shares	1,097
	Milsubishi UFJ Financial	Purchase of securities by an enlity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	1,462.00	172 Ordinary Shares	172
4/19/2018	Group, Inc. Milsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	9,348.30	1,105 Ordinary Shares	1,105
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	47 652.24	5,646 Ordinary Shares	5,646
4/19/2018	Group, Inc.	controlled by Morgan Stanley	6,700.32	792 Ordinary Shares	792

$\bar{\bar{z}}$

$\bar{\mathcal{A}}$

$\bar{\mathcal{A}}$

$\hat{\mathcal{F}}$

$\mathcal{A}^{\prime}$

$\hat{\mathcal{E}}$

$\epsilon$

4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,316.70	154 Ordinary Shares	154
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	6,982.89		822
	Mitsubishi UFJ Financial	Purchase of securilies by an enlity		822 Ordinary Shares
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	127.65	15 Ordinary Shares	15
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	119.28	14 Ordinary Shares	14
4/19/2018	Group, Inc.	controlled by Morgan Stanley	40,570.50	4,773 Ordinary Shares	4,773
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	20,184.01	2,383 Ordinary Shares	2,383
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,232.24
	Mitsubishi UFJ Financial	Purchase of securities by an entity		146 Ordinary Shares	146
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	34,673.16	4,084 Ordinary Shares	4,084
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	2,219.14	262 Ordinary Shares	262
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley	5,315.05	629 Ordinary Shares	629
4/19/2018	Group, Inc.	Purchase of securities by an entily controlled by Morgan Stanley	305.46	36 Ordinary Shares	36
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	110.18	13 Ordinary Shares	13
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley
	Mitsubishi UFJ Financial	Purchase of securities by an entity	118.30	14 Ordinary Shares	14 °
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	93.23	11 Ordinary Shares	11
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	110.37	13 Ordinary Shares	13
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	3,591.00	420 Ordinary Shares	420
4/19/2018	Group, Inc.	controlled by Morgan Stanley	153.90	18 Ordinary Shares	18
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	4,197.60	495 Ordinary Shares	495
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	19,894.08	2,346 Ordinary Shares	2,346
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	110.50
4/19/2018	Mitsubishi UFJ Financial	Purchase of securities by an entity		13 Ordinary Shares	13
	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	805.60	95 Ordinary Shares	95
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	22,514.40	2,655 Ordinary Shares	2,655
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	457.92	54 Ordinary Shares	54
4/19/2018	Group, Inc.	controlled by Morgan Stanley	9,278.28	1,089 Ordinary Shares	1,089
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,529.10	180 Ordinary Shares	180
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	18,295.20	2,160 Ordinary Shares	2,160
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	5,316.96	627 Ordinary Shares	627
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	4,360.50	513 Ordinary Shares	513
4/19/2018	Group, Inc.	controlled by Morgan Stanley	13,630.60	1,615 Ordinary Shares	1,615
4/19/2018	Milsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	118.16	14 Ordinary Shares	14
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	23,660.00	2,800 Ordinary Shares	2,800
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entily controlled by Morgan Stanley
	Mitsubishi UFJ Financial	Purchase of securities by an entity	247.52	29 Ordinary Shares	29
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	3,906.98	461 Ordinary Shares	461
4/19/2018	Group, Inc. Milsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	2,576.40	304 Ordinary Shares	304
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	221.78	26 Ordinary Shares	26
4/19/2018	Group, Inc.	controlled by Morgan Stanley	151.92	18 Ordinary Shares	18
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	16,226.28	1,918 Ordinary Shares	1,918
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	135.60	16 Ordinary Shares	16
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an enlity controlled by Morgan Stanley	304.56	36 Ordinary Shares	36
4/19/2018	Mitsubishi UFJ Financial	Purchase of securities by an entity
	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	144.67	17 Ordinary Shares	17
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	93.23	11 Ordinary Shares	11
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	3,833.50	451 Ordinary Shares	451
4/19/2018	Group, Inc.	controlled by Morgan Stanley	878.80	104 Ordinary Shares	104

$\boldsymbol{\cdot}$

$\ddot{\phantom{1}}$

4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	2,368.80	280 Ordinary Shares	280
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	560.34	66 Ordinary Shares	66
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	1,321.32	156 Ordinary Shares	156
4/19/2018	Group, Inc.	controlled by Morgan Stanley	1,276.50	150 Ordinary Shares	150
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entily controlled by Morgan Stanley	7,123.11	839 Ordinary Shares	839
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Purchase of securities by an entity controlled by Morgan Stanley	1,253.56	148 Ordinary Shares	148
	Mitsubishi UFJ Financial	Purchase of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	$1.120.02 -$	132 Ordinary Shares	132
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Purchase of securities by an entity	803.70	95 Ordinary Shares	95
4/19/2018	Group, Inc.	controlled by Morgan Stanley	788.18	93 Ordinary Shares	93
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an enlity controlled by Morgan Stanley	185.50	-23 Ordinary Shares	-23
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	484.50	-60 Ordinary Shares	-60
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	2.412.39	-299 Ordinary Shares	-299
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	5,950.34	-731 Ordinary Shares	$-731$
4/19/2018	Group, Inc.	controlled by Morgan Stanley	3.082.39	-382 Ordinary Shares	$-382$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	435.51	-54 Ordinary Shares	$-54$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	193.92	-24 Ordinary Shares	$-24$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entily	1,622.00	-200 Ordinary Shares	$-200$
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	112.98	-14 Ordinary Shares	$-14$
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	700.35	-87 Ordinary Shares	$-87$
4/19/2018	Group, Inc.	controlled by Morgan Stanley	446.60	-55 Ordinary Shares	$-55$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	227.36	-28 Ordinary Shares	$-28$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	1,414.00	-175 Ordinary Shares	$-175$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	388.80	-48 Ordinary Shares	-48
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	1,624.00	-200 Ordinary Shares	$-200$
4/19/2018	Group, Inc.	controlled by Morgan Stanley	1,044.90	-129 Ordinary Shares	-129
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	1,016.25	-125 Ordinary Shares	$-125$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	2,608.20	-322 Ordinary Shares	$-322$
	Mitsubishi UFJ Financial	Sale of securities by an entity controlled by Morgan Stanley	1,644.24	-204 Ordinary Shares	$-204$
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	Sale of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	2,011.28	-248 Ordinary Shares	$-248$
4/19/2018	Group, Inc. Milsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	50,393.00	-6,260 Ordinary Shares	-6,260
4/19/2018	Group, Inc.	controlled by Morgan Stanley	113.54	-14 Ordinary Shares	$-14$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	145.08	-18 Ordinary Shares	$-18$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	1 563.30	-193 Ordinary Shares	$-193 - 7$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	346.80 $\ddot{\nu}$	-43 Ordinary Shares	-43
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	473.28	-58 Ordinary Shares	-58
4/19/2018	Group, Inc.	controlled by Morgan Stanley	28,649.95	-3,559 Ordinary Shares	-3,559
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	7 378.08	-912 Ordinary Shares	$-912$
4/19/2018	Milsubishi UFJ Financial Group Inc.	Sale of securities by an entity controlled by Morgan Stanley	4 4 9 4 . 9 9	-557 Ordinary Shares	$-557$
	Mitsubishi UFJ Financial	Sale of securities by an entity
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	490.44	-61 Ordinary Shares	$-61$
4/19/2018	Group, Inc. Mitsubishi UFJ Financial	controlled by Morgan Stanley Sale of securities by an entity	40.25	-5 Ordinary Shares	$-5$
4/19/2018	Group, Inc.	controlled by Morgan Stanley	129.12	-16 Ordinary Shares	$-16$
4/19/2018	Mitsubishi UFJ Financial Group Inc.	Sale of securities by an entity controlled by Morgan Stanley	315.90	-39 Ordinary Shares	$-39$
4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	1,221.00	-150 Ordinary Shares	$-150$

$\hat{\boldsymbol{\beta}}$

$\frac{1}{2}$ , $\frac{1}{2}$ , $\frac{1}{2}$

4/19/2018	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	405.00	-50 Ordinary Shares	-50
	Mitsubishi UFJ Financial	Borrowed by an entity controlled
	Group, Inc.	by Morgan Stanley - see
4/19/2018		Annexure A	N/A	167,920 Ordinary Shares	167,920
	Mitsubishi UFJ Financial	Borrow returned by an entity
	Group, Inc.	controlled by Morgan Stanley -			2.167.92
4/19/2018		see Annexure A	NΙA	-2,167,920 Ordinary Shares

4. Present relevant Interests

$\bar{z}$

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Mitsubishi UFJ Financial Group, Inc.	HSBC Custody Nominees (Australia) Limited	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley InC.	738,339 Ordinary Shares	738,339
Mitsubishi UFJ Financial Group, Inc.	Unknown	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley Inc.	58,776 Ordinary Shares	58,776
Mitsubishi UFJ Financial Group, Inc.	Unknown	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley inc.	2.645.920 Ordinary Shares	2,645,920
Mitsubishi UFJ Financial Group, Inc.	Unknown	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley Inc.	416,480 Ordinary Shares	416,480
Mitsubishi UFJ Financial Group, Inc.	Unknown	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley Inc.	109,144 Ordinary Shares	109,144
Mitsubishi UFJ Financial Group, Inc.	Unknown	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley Inc.	4 353,716 Ordinary Shares	4 353,716
Mitsubishi UFJ Financial Group, Inc.	HSBC Custody Nominees (Australia) Limited	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley Inc.	9,133 Ordinary Shares	9,133
Mitsubishi UFJ Financial Group, Inc.	HSBC Custody Nominees Australia Ltd.	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley Inc.	1,188 Ordinary Shares	1,188
Mitsubishi UFJ Financial Group, Inc.	Morgan Stanley Australia Securities (Nominee) Ply Limited	Not Applicable	Relevant interest in securities that Morgan Stanley Australia Securities Limited has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting power of over 20% in Morgan Stanley inc.	131,740 Ordinary Shares	131,740

$\bar{a}$

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Not applicable	Not applicable ------------- _________

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Mitsubishi UFJ Financial Group, Inc.	2-7-1, Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan

Signature

	print name Mr. Tetsuya Shigemoto	capacity	Authorised signatory
sign here	$\smile$ Amole deters	date	24 April 2018

ANNEXURE "A"

This is Annexure "A" of 2 pages referred to in the Form 604 (Notice of change of interests of substantial holder), signed by me and dated 24 April 2018.

deraus Signed: Mr. Tetsuya Shigemoto

Schedule Type of Agreement Overseas Securities Lender's Agreement Parties to agreement Morgan Stanley & Co. International plc and JPMORGAN CHASE BANK, N.A. Transfer Date 20180417; 20180419; Holder of Voting Rights Each Party undertakes that where it holds securities of the same description as any securities borrowed by it or transferred to it by way of collateral at a time when a right to vote arises in respect of such securities, it will use its best endeavours to arrange for the voting rights attached to such securities to be exercised in accordance with the instructions of the Lender or Borrower (as the case may be). Are there any restrictions on voting rights? Yes/No If yes, detail As stated above. Scheduled Return Date (if any) Open Does the borrower have the right to return early? Yes/No If yes, detail The Borrower is entitled at any time to terminate a particular loan of Securities and to redeliver all and any Equivalent Securities due and outstanding to the Lender in accordance with the Lender's instructions. Does the lender have the right to recall early? Yes/No If yes, detail The Lender may call for the redelivery of all or any Equivalent Securities at any time by giving notice on any Business Day of not less than the standard settlement time for such Equivalent Securities on the exchange or in the clearing organisation through which the relevant borrowed Securities were originally delivered. The Borrower shall redeliver such Equivalent Securities not later than the expiry of such notice in accordance with the Lender's instructions. Will the securities be returned on settlement? Yes/No If yes, detail any exceptions If an Event of Default occurs in relation to either Party, the Parties' delivery and payment obligations shall be accelerated so as to require performance thereof at the time such Event of Default occurs. In such event the Relevant Value of the Securities to be delivered by each Party shall be established in accordance with the Agreement and on the basis of the Relevant Values so established, the sums due from one Party shall be set-off against

the sums due from the other and only the balance of the account shall be payable.

Schedule Type of Agreement Overseas Securities Lender's Agreement Parties to agreement Morgan Stanley & Co. International plc and RBC INVESTOR SERVICES TRUST Transfer Date 20180417; Holder of Voting Rights Each Party undertakes that where it holds securities of the same description as any securities borrowed by it or transferred to it by way of collateral at a time when a right to vote arises in respect of such securities, it will use its best endeavours to arrange for the voting rights attached to such securities to be exercised in accordance with the instructions of the Lender or Borrower (as the case may be). Are there any restrictions on voting rights? Yes/Ne If yes, detail As stated above. Scheduled Return Date (if any) Open Does the borrower have the right to return early? Yes/No If yes, detail The Borrower is entitled at any time to terminate a particular loan of Securities and to redeliver all and any Equivalent Securities due and outstanding to the Lender in accordance with the Lender's instructions. Does the lender have the right to recall early? | Yes/No If yes, detail The Lender may call for the redelivery of all or any Equivalent Securities at any time by giving notice on any Business Day of not less than the standard settlement time for such Equivalent Securities on the exchange or in the clearing organisation through which the relevant borrowed Securities were originally delivered. The Borrower shall redeliver such Equivalent Securities not later than the expiry of such notice in accordance with the Lender's instructions.

Will the securities be returned on settlement? $Yes$ /Ne

If yes, detail any exceptions If an Event of Default occurs in relation to either Party, the Parties' delivery and payment obligations shall be accelerated so as to require performance thereof at the time such Event of Default occurs. In such event the Relevant Value of the Securities to be delivered by each Party shall be established in accordance with the Agreement and on the basis of the Relevant Values so established, the sums due from one Party shall be set-off against the sums due from the other and only the balance of the account shall be payable.

Schedule
Type of Agreement	International Prime Brokerage Agreement
Parties to agreement	Morgan Stanley & Co. International plc for itself and as
	agent and trustee for and on behalf of the other Morgan
	Stanley Companies and TOTUS CAPITAL PTY LTD AS
	TRUSTEE FOR TOTUS ALPHA FUND
Transfer Date	20170913; 20170929; 20171130; 20171208; 20180209;
	20180327; 20180403;
Holder of Voting Rights	If prime broker has settled a short sale for the client, voting
	rights will pass to the purchaser of the securities.
Are there any restrictions on voting rights?	Yes/ No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes/No
If yes, detail At any time the client may return to the prime broker shares which the client previously sold short.
Does the lender have the right to recall early?	Yes/Ne
If yes, detail The prime broker may require the client to return shares delivered on behalf of the client at any time.
Will the securities be returned on settlement?	Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be
	delivered will be determined and on the basis of the amounts so established, an account shall be taken of what is due
from each party to the other. The amounts due from one party shall be set off against the amounts due from the other

Schedule
Type of Agreement	International Prime Brokerage Agreement
Parties to agreement	Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley Companies and EQUITY TRUSTEES LIMITED AS THE RESPONSIBLE ENTITY OF WATERMARK GLOBAL LEADERS TRUST
Transfer Date	20180312; 20180410;
Holder of Voting Rights	If prime broker has settled a short sale for the client, voting rights will pass to the purchaser of the securities.
Are there any restrictions on voting rights?	Yes/No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes/Ne
If yes, detail At any time the client may return to the prime broker shares which the client previously sold short.
Does the lender have the right to recall early?	Yes/No
If yes, detail The prime broker may require the client to return shares delivered on behalf of the client at any time.
Will the securities be returned on settlement?	Yes/No
	If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other

party and only the balance of the account shall be payable.

party and only the balance of the account shall be payable.