SUNCORP GROUP LIMITED — Major Shareholding Notification 2020

Nov 15, 2020

Form 603 Corporations Act 2001 Section 671B

Notice of Initial Substantial Holder

To: SUNCORP GROUP LIMITED

ACN/ARSN:

1. Details of substantial holder (1)

Name: FIL Limited and the entities listed in Annexure A ("FIL") ACN/ARSN (if applicable)

The holder became a substantial holder on

11 November 2020

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of Securities (4)	Number of securities	Person’s votes (5)	Voting power (6)
COMMON STOCK	66,407,165	66,407,165	5.19%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Refer to Annexure A

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Refer to Annexure A

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Date of Acquisition	Holder of	Consideration (9)	Class and
	Relevant Interest		Number of Securities
			COMMON STOCK
11/11/2020	FIL	9.4818 AUD	7,136
11/11/2020	FIL	9.4818 AUD	135,271
11/11/2020	FIL	9.4818 AUD	172,550
11/11/2020	FIL	9.4818 AUD	394,712
11/11/2020	FIL	9.4818 AUD	437,801
11/11/2020	FIL	9.4818 AUD	1,702,530
		**Total Buys **	2,850,000

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are all follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A

7. Addresses

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

Refer to Annexure A

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Sign Here ______

Dated: 13 November 2020 Jen Li Head of Regulatory Reporting, Asia Pacific Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A

	Investment Manager	Address	Custodian	Nature of Relevant Interest	Sum of Numerator Shares
	FIL Investment	Level 11, 167	BROWN BROS HARRIMN
					1,036,790
	Management	Macquarie Street,	LTD LUX(C)
	(Australia) Limited	Sydney, NSW 2000,	BROWN BROTHERS
					186,906
		Australia	HARRIMAN AND CO
			CITIBANK LONDON		10,230,661
			JP MORGAN,
					11,945,385
			BOURNEMOUTH(C)
			NATIONAL ASTL BK
					6,651,320
			MELBOURNE(S)
			NORTHERN TRUST
					8,642,250
			LONDON(C)
				Investment Discretion /
	FIL Investment	Level 21, Two Pacific	BNP PARIBAS
				Voting Power	135,271
	Management (Hong	Place, 88 Queensway,	FRANKFURT(C)
	Kong) Limited	Admiralty, Hong Kong	BROWN BROS HARRIMN
					394,712
			LTD LUX(C)
			HSBC INST TRST SER
					1,709,666
			ASIA LTD(C)
			JP MORGAN,
					610,351
			BOURNEMOUTH(C)
	FIL Responsible	Level 11, 167
	Entity (Australia)	Macquarie Street,	JP MORGAN,
					24,863,853
	Limited	Sydney, NSW 2000,	BOURNEMOUTH (C)
		Australia
	Grand Total				66,407,165