SERVCORP LIMITED — Director's Dealing 2023

Nov 5, 2023

SERVCORP ASX announcement

6 November 2023

The Manager Company Announcements Office Australian Securities Exchange

SRV APPENDIX 3Y – A G MOUFARRIGE

Servcorp Limited ABN 97 089 222 506 (SRV) lodges the accompanying Appendix 3Y on behalf of its Director, Alfred George Moufarrige.

The Appendix 3Y advises of disposal of shares held indirectly in SRV under the control of Taine Moufarrige and Marcus Moufarrige, sons of A G Moufarrige, and therefore deemed to be a relevant interest of A G Moufarrige.

SRV recently became aware of these disposals following the completion of a shareholder analysis. Further investigation disclosed that the disposals had occurred on multiple occasions since 2019. Neither T Moufarrige nor M Moufarrige had advised SRV or A G Moufarrige of the disposals. Control of the shares is exercised by associated entities of T Moufarrige and M Moufarrige, however the shares are held on the SRV register under HSBC Custody Nominees (Australia) Limited "HSBC". HSBC is the registered holder of over 20 million SRV shares, with numerous daily transactions, accordingly in the absence of notification from T Moufarrige or M Moufarrige, SRV could not identify those disposals had been made.

As soon as the disposals came to the attention of SRV management, the Directors, including A G Moufarrige, and the ASX were notified. ASX advised that full details of all transactions needed to be obtained for complete disclosure purposes on the Appendix 3Y. This extensive process of reconciliation has now been completed.

SRV apologises to the ASX, SRV shareholders and the market that the disposals were not announced at the time of each transaction. SRV has entered into an agreement with each Director that requires disclosure to the Company of all information needed for it to comply with the obligation to notify ASX of each Director's holdings and interests in its securities. In this case, A G Moufarrige was not able to notify SRV as he had no control over, or visibility of, the shares, and neither the registered holder of the shares, T Moufarrige nor M Moufarrige disclosed the disposals to him or SRV.

As A G Moufarrige is not seen to be at fault and has always notified SRV of any transactions he takes in SRV prior to undertaking them, no disciplinary action will be taken with respect to the non-notification. T Moufarrige and M Moufarrige are not directors or employees of SRV, and as such disciplinary action is not possible.

T Moufarrige and M Moufarrige have been advised that they must report all future transactions to SRV without delay, and must adhere to SRV's Securities Trading Policy.

This ASX announcement is approved and authorised by the Board of Directors of Servcorp Limited.

Greg Pearce Company Secretary

Level 63, 25 Martin Place, Sydney NSW 2000, Australia T +61 2 9231 7500 servcorp.com.au Servcorp Limited ABN 97 089 222 506

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	Servcorp Limited
ABN 97 089 222 506

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	Alfred George Moufarrige
Date of last notice	5 July 2023

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.	Registered holder: HSBC Custody Nominees(Australia) LimitedInterest-Managed by HSBC on behalf ofrelated parties
Date of change	Various – Refer Annexure A
No. of securities held prior to change	Direct547,436Ordinary SharesIndirect 51,691,498Ordinary Shares
Class	Ordinary Shares
Number acquired	Nil
Number disposed	Indirect 1,752,651 Ordinary Shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$5,987,089
No. of securities held after change	Direct547,436Ordinary SharesIndirect 49,938,847Ordinary Shares

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options,	On-market trades
issue of securities under dividend reinvestment plan, participation inbuy-back

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

Part 3 – +Closed period

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

+ See chapter 19 for defined terms.

SERVCORP LIMITED

ABN 97 089 222 506

ANNEXURE A to APPENDIX 3Y - A G MOUFARRIGE

Registered Holder	Interest	Date ofchange	Nature ofchange	Number ofsecurities	Consideration	ClosedPeriod
HSBC Custody Nominees (Australia) Limited	Spigoli Pty Ltd ATF The TM Trust	19-Jul-19	Disposal	70,000	$241,085	Yes
HSBC Custody Nominees (Australia) Limited	Spigoli Pty Ltd ATF The TM Trust	10-Dec-19	Disposal	75,000	$322,448	No
HSBC Custody Nominees (Australia) Limited	Spigoli Pty Ltd ATF The TM Trust	28-Oct-22	Disposal	118,554	$403,497	No
HSBC Custody Nominees (Australia) Limited	Spigoli Pty Ltd ATF The TM Trust	11-Nov-22	Disposal	32,388	$111,049	No
HSBC Custody Nominees (Australia) Limited	Spigoli Pty Ltd ATF The TM Trust	30-Nov-22	Disposal	158,860	$540,216	No
HSBC Custody Nominees (Australia) Limited	Spigoli Pty Ltd ATF The TM Trust	12-Dec-22	Disposal	76,875	$257,531	No
HSBC Custody Nominees (Australia) Limited	Spigoli Pty Ltd ATF The TM Trust	22-Dec-22	Disposal	177,799	$586,737	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	18-Nov-20	Disposal	50,000	$147,275	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	25-Feb-21	Disposal	93,175	$301,272	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	20-Apr-21	Disposal	150,000	$494,970	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	2-Jul-21	Disposal	94,046	$329,629	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	17-Aug-21	Disposal	45,954	$159,595	Yes
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	1-Oct-21	Disposal	60,000	$227,766	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	7-Jan-22	Disposal	50,000	$192,364	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	24-Feb-22	Disposal	50,000	$179,800	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	18-Mar-22	Disposal	20,440	$76,757	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	30-Mar-22	Disposal	29,560	$103,345	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	21-Apr-22	Disposal	25,000	$87,405	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	17-May-22	Disposal	75,000	$247,349	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	15-Jun-22	Disposal	50,000	$166,587	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	30-Jun-22	Disposal	50,000	$164,425	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	21-Jul-22	Disposal	50,000	$151,762	Yes
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	8-Nov-22	Disposal	50,000	$166,665	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	23-Nov-22	Disposal	25,000	$84,433	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	15-Dec-22	Disposal	25,000	$81,937	No
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	19-Jan-23	Disposal	25,000	$80,345	Yes
HSBC Custody Nominees (Australia) Limited	BFLI Pty Ltd ATF The MM Trust	3-Mar-23	Disposal	25,000	$80,845	No
				1,752,651	$5,987,089