ST BARBARA LIMITED — Major Shareholding Notification 2022

Jul 3, 2022

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	ST BARBARA LIMITED
ACN/ARSN	009 165 066
1. Details of substantial holder (1)
Name		Morgan Stanley and its subsidiaries listed in Annexure A
ACN/ARSN (if applicable)	Not Applicable
The holder ceased to be a
substantial holder on		June 29, 2022
The previous notice was given to the company on		June 30, 2022
The previous notice was dated		June 28, 2022
The holder became aware on		July 01, 2022

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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	Person whose relevant interest changed	Nature of change(4)	Considerationgiven in relationto change (5)	Class (6) and number ofSecurities affected	Person'svotesaffected
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	2,827.57	3,602 Ordinary Shares	3,602
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	1,837.89	2,269 Ordinary Shares	2,269
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	1,619.75	2,090 Ordinary Shares	2,090
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	9,258.15	11,946 Ordinary Shares	11,946
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	88,587.15	114,306 Ordinary Shares	114,306
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	50.22	62 Ordinary Shares	62
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	578.60	749 Ordinary Shares	749
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	7,328.07	9,047 Ordinary Shares	9,047
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	11,398.20	14,520 Ordinary Shares	14,520
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	54,555.35	70,394 Ordinary Shares	70,394
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	1,976.60	2,526 Ordinary Shares	2,526
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	0.78	1 Ordinary Shares	1
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	2,237.16	2,896 Ordinary Shares	2,896
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	10,794.20	13,928 Ordinary Shares	13,928
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	29,157.96	37,382 Ordinary Shares	37,382
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	182.52	234 Ordinary Shares	234
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	975.78	1,251 Ordinary Shares	1,251
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	179.03	231 Ordinary Shares	231
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	38.47	49 Ordinary Shares	49
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	7,278.82	9,302 Ordinary Shares	9,302
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	29,340.48	37,616 Ordinary Shares	37,616
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	23,283.78	29,851 Ordinary Shares	29,851
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	391.23	483 Ordinary Shares	483
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	1,051.18	1,352 Ordinary Shares	1,352
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	1,050.90	1,343 Ordinary Shares	1,343

06/29/2022	Morgan Stanley Australia Securities Limited	Buy	537.85	694 Ordinary Shares	694
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	5,084.78	6,561 Ordinary Shares	6,561
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	429.96	553 Ordinary Shares	553
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	11,159.54	14,126 Ordinary Shares	14,126
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	29,154.90	37,140 Ordinary Shares	37,140
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	14,445.23	18,639 Ordinary Shares	18,639
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	668.65	860 Ordinary Shares	860
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	13,665.58	17,633 Ordinary Shares	17,633
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	43,796.03	56,511 Ordinary Shares	56,511
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	549.90	705 Ordinary Shares	705
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	17,101.13	21,647 Ordinary Shares	21,647
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	8,092.71	9,991 Ordinary Shares	9,991
06/29/2022	Morgan Stanley Australia Securities Limited	Buy	542.88	696 Ordinary Shares	696
06/29/2022	Parametric Portfolio Associates LLC	Buy	471,757.69	606,819 Ordinary Shares	606,819
06/29/2022	Parametric Portfolio Associates LLC	Buy	87,246.01	112,224 Ordinary Shares	112,224
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	7,911.80	9,308 Ordinary Shares	9,308
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	6,379.75	7,550 Ordinary Shares	7,550
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	2,921.20	3,488 Ordinary Shares	3,488
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	3,308.55	3,881 Ordinary Shares	3,881
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	5,294.74	6,341 Ordinary Shares	6,341
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	8,072.58	9,726 Ordinary Shares	9,726
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	59,151.66	68,781 Ordinary Shares	68,781
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	3,392.21	4,087 Ordinary Shares	4,087
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	176.80	208 Ordinary Shares	208
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	2,379.72	2,833 Ordinary Shares	2,833
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,880.42	2,252 Ordinary Shares	2,252
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	2,882.88	3,432 Ordinary Shares	3,432
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	714.84	851 Ordinary Shares	851
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	10,255.58	12,431 Ordinary Shares	12,431
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	5,055.80	5,948 Ordinary Shares	5,948
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	631.98	737 Ordinary Shares	737
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	2,067.24	2,461 Ordinary Shares	2,461
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,308.54	1,544 Ordinary Shares	1,544
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	593.39	692 Ordinary Shares	692
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	30,316.10	35,666 Ordinary Shares	35,666
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	7,440.23	8,805 Ordinary Shares	8,805
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	11,510.24	13,384 Ordinary Shares	13,384
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	76,142.15	89,579 Ordinary Shares	89,579
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	2,225.30	2,618 Ordinary Shares	2,618
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	381,024.72	443,052 Ordinary Shares	443,052
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	898.24	1,063 Ordinary Shares	1,063
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	14,526.45	16,990 Ordinary Shares	16,990
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,840.36	2,224 Ordinary Shares	2,224
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	4,034.88	4,775 Ordinary Shares	4,775
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	22,251.92	26,649 Ordinary Shares	26,649
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	13,202.72	15,352 Ordinary Shares	15,352
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	3,904.45	4,580 Ordinary Shares	4,580
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	27,723.38	32,425 Ordinary Shares	32,425
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,008.09	1,193 Ordinary Shares	1,193

06/29/2022	Morgan Stanley Australia Securities Limited	Sell	203.89	242 Ordinary Shares	242
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	29,596.04	34,414 Ordinary Shares	34,414
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	4,807.15	5,606 Ordinary Shares	5,606
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	12,192.30	14,260 Ordinary Shares	14,260
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	665.81	795 Ordinary Shares	795
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	52,896.02	61,507 Ordinary Shares	61,507
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	54,851.67	64,154 Ordinary Shares	64,154
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	909.37	1,073 Ordinary Shares	1,073
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	4,333.73	5,253 Ordinary Shares	5,253
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	2,168.29	2,589 Ordinary Shares	2,589
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	7,176.12	8,543 Ordinary Shares	8,543
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,508.07	1,769 Ordinary Shares	1,769
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	368.08	428 Ordinary Shares	428
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,317.97	1,546 Ordinary Shares	1,546
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,244.15	1,490 Ordinary Shares	1,490
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,862.52	2,244 Ordinary Shares	2,244
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	481.38	568 Ordinary Shares	568
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	8,938.60	10,516 Ordinary Shares	10,516
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	16,170.61	19,366 Ordinary Shares	19,366
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	68,026.35	80,031 Ordinary Shares	80,031
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	40.20	48 Ordinary Shares	48
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	16,144.05	18,993 Ordinary Shares	18,993
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	31,492.03	37,715 Ordinary Shares	37,715
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	354.64	416 Ordinary Shares	416
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	3,899.91	4,548 Ordinary Shares	4,548
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	6,613.04	7,712 Ordinary Shares	7,712
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	477.70	562 Ordinary Shares	562
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	14,056.20	16,440 Ordinary Shares	16,440
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	78,027.80	90,730 Ordinary Shares	90,730
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	3,808.44	4,561 Ordinary Shares	4,561
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	12,794.45	15,415 Ordinary Shares	15,415
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	28,296.23	33,095 Ordinary Shares	33,095
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	31,262.72	36,352 Ordinary Shares	36,352
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,463.95	1,748 Ordinary Shares	1,748
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	35,032.77	40,974 Ordinary Shares	40,974
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	4,400.69	5,147 Ordinary Shares	5,147
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	30,112.04	35,014 Ordinary Shares	35,014
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	12,854.93	15,035 Ordinary Shares	15,035
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	1,303.46	1,538 Ordinary Shares	1,538
06/29/2022	Morgan Stanley Australia Securities Limited	Sell	8,924.89	10,562 Ordinary Shares	10,562
06/29/2022	Morgan Stanley & Co. International plc	Borrow	N/A	273,388 Ordinary Shares	273,388
06/29/2022	Morgan Stanley & Co. International plc	Collateral Returned	N/A	33,578,184 Ordinary Shares	33,578,184

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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

4. Addresses

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

Name	Address
Morgan Stanley	1585 Broadway, New York, New York, 10036, USA.
Morgan Stanley & Co. LLC	1585 Broadway, New York, 10036, USA.
Morgan Stanley & Co. International plc	Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E144QA, UNITED KINGDOM.
Morgan Stanley Investment Management Inc.	522 5th Avenue, 6th Floor, New York, 10036, USA.
Morgan Stanley Australia Securities Limited	Level 39, Chifley Tower, 2 Chifley Square, Sydney, 2000, AUSTRALIA.
Morgan Stanley Wealth Management Australia Pty Ltd	Level 39, Chifley Tower, 2 Chifley Square, Sydney, 2000, AUSTRALIA.
Parametric Portfolio Associates LLC	800 Fifth Avenue, Suite 2800, Seattle, 98104, USA.

Signature

	print name Ashish Koltharkar	capacity	Vice President
sign here		date	July 01, 2022

Annexure A

List of Morgan Stanley and its subsidiaries that have a relevant interest or deemed to have a relevant interest in the shares or units.

Name
	└─┬─Morgan Stanley
	├─┬─Morgan Stanley International Holdings Inc.
	│ ├─┬─Morgan Stanley International Limited
	│ │ └─┬─Morgan Stanley Investments (UK)
	│ │└───Morgan Stanley & Co. International plc
	│ └─┬─Morgan Stanley (Australia) Securities Holdings Pty Limited
│	└───Morgan Stanley Australia Securities Limited
	└─┬─Morgan Stanley Capital Management, LLC
	└─┬─Morgan Stanley Domestic Holdings, Inc.
	├───Morgan Stanley Wealth Management Australia Pty Ltd
	├─┬─Eaton Vance Acquisitions LLC
	│ └───Parametric Portfolio Associates LLC
	├───Morgan Stanley & Co. LLC
	└───Morgan Stanley Investment Management Inc.

Signature

	print name Ashish Koltharkar	capacity	Vice President
sign here		date	July 01, 2022

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.
• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.
• (4) Include details of:
  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (5) Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• (6) The voting shares of a company constitute one class unless divided into separate classes.
• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

GUIDE This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 605.

Signature			This form must be signed by either a director or a secretary of the substantial holder.
Lodging period	Nil
Lodging Fee	Nil
Other forms to becompleted	Nil
Additional information	(a)			If additional space is required to complete a question, the information may be included on a separate piece ofpaper annexed to the form.
	(b)	This notice must be given to a listed company, or the responsible entity for a listed managed investment scheme.A copy of this notice must also be given to each relevant securities exchange.
	(c)			The person must give a copy of this notice:
		(i)		within 2 business days after they become aware of the information; or
		(ii)		by 9.30 am on the next trading day of the relevant securities exchange after they become aware of theinformation if:
			(A)	a takeover bid is made for voting shares in the company or voting interests in the scheme; and
			(B)	the person becomes aware of the information during the bid period.
Annexures				To make any annexure conform to the regulations, you must
	1			use A4 size paper of white or light pastel colour with a margin of at least 10mm on all sides
	2			show the corporation name and ACN or ARBN
	3			number the pages consecutively
	4			print or type in BLOCK letters in dark blue or black ink so that the document is clearly legible when photocopied
	5			identify the annexure with a mark such as A, B, C, etc
	6			endorse the annexure with the words:This is annexure (mark) of (number) pages referred to in form (form number and title)
	7			sign and date the annexure.
				The annexure must be signed by the same person(s) who signed the form.

Information in this guide is intended as a guide only. Please consult your accountant or solicitor for further advice.

Annexure B:

This is Annexure B referred to in the Form 605: Notice of ceasing to be a substantial holder issued by Morgan Stanley and its subsidiaries. The following is description of the securities lending agreements referenced in the accompanying Form 605.

Schedule
Type of Agreement	Global Master Securities Lending Agreement
Parties to agreement	Morgan Stanley & Co. International plc and BLACKROCK ADVISORS
	(UK) LIMITED
Transfer Date	20220621; 20220629;
Holder of Voting Rights	Borrower
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 The Borrower is entitled at any time to terminate a Loan 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 is entitled to terminate a Loan and to 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 Loaned Securities were originally delivered.
Will the securities be returned on settlement?	Yes/No
If yes, detail any exceptions If the Borrower does not redeliver Equivalent Securities in accordance with the Agreement, the Lender may by
written notice to Borrower terminate the Loan forthwith and the Parties' delivery and payment obligations in respect thereof.

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
	L1 CAPITAL LONG SHORT (MASTER) FUND
Transfer Date	20220629;
Holder of Voting Rights	Prime broker has the right to vote securities rehypothecated from the
	Client.
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 Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early?	Yes/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares
by the client.
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.

Schedule
Type of Agreement	Customer Prime Broker Account Agreement
Parties to agreement	Morgan Stanley & Co. LLC on behalf of all Morgan Stanley entities and
	customer CC&L Q MARKET NEUTRAL FUND
Transfer Date	20220628;
Holder of Voting Rights	Morgan Stanley
Are there any restrictions on voting rights?	No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes
If yes, detail Morgan Stanley may return rehypothecated shares at any time.
Does the lender have the right to recall early?	Yes
If yes, detail The customer may recall shares from Morgan Stanley at any time.
Will the securities be returned on settlement?	Yes

If yes, detail any exceptions In the ordinary course of business, securities will be returned to customers. Upon a customer Event of Default, Morgan Stanley has the right to set off obligations owed to the customer against obligations of the customer to Morgan Stanley and to foreclose on any collateral, including rehypothecated securities, for the purpose of arriving at a single closeout amount. In such a default scenario, Morgan Stanley may do an actual or deemed sale of the rehypothecated securities.

Schedule
Type of Agreement	Customer Prime Broker Account Agreement
Parties to agreement	Morgan Stanley & Co. LLC on behalf of all Morgan Stanley entities and
	customer OIL INVESTMENT CORPORATION LTD.
Transfer Date	20220628;
Holder of Voting Rights	Morgan Stanley
Are there any restrictions on voting rights?	No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes
If yes, detail Morgan Stanley may return rehypothecated shares at any time.
Does the lender have the right to recall early?	Yes
If yes, detail The customer may recall shares from Morgan Stanley at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions In the ordinary course of business, securities will be returned to customers. Upon a customer Event of Default,

Morgan Stanley has the right to set off obligations owed to the customer against obligations of the customer to Morgan Stanley and to foreclose on any collateral, including rehypothecated securities, for the purpose of arriving at a single closeout amount. In such a default scenario, Morgan Stanley may do an actual or deemed sale of the rehypothecated securities.

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
	L1 LONG SHORT FUND LIMITED
Transfer Date	20220629;
Holder of Voting Rights	Prime broker has the right to vote securities rehypothecated from the
	Client.
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 Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early?	Yes/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares
by the client.
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

The above schedules are based on the relevant standard agreements. The entity filing the report will, if requested by the company or responsible entity to whom the prescribed form must be given or ASIC, give a copy of the agreement to the company, responsible entity or ASIC.

one party shall be set off against the amounts due from the other party and only the balance of the account shall be payable.

Signature

print name Ashish Koltharkar capacity Vice President

sign here date July 01, 2022