TEMPLE & WEBSTER GROUP LTD — Major Shareholding Notification 2021

May 23, 2021

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme TEMPLE & WEBSTER GROUP LIMITED ACN/ARSN ACN 608 595 660

1. Details of substantial holder (1)

Name Credit Suisse Holdings (Australia) Limited (on behalf of Credit Suisse Group AG and its affiliates) 008 496 713

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on 20-May-2021 The previous notice was given to the company on 21-May-2021 The previous notice was dated 21-May-2021

2. Changes in relevant interests

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
20-May-21	Credit Suisse Equities (Australia) Limited	Stock returned under ASLA	Refer to Annexure A of Notice	-29,000 Common Stock	-29,000
20-May-21	Credit Suisse Equities (Australia) Limited	Stock returned under ASLA	Refer to Annexure A of Notice	-10,000 Common Stock	-10,000
20-May-21	Credit Suisse Securities (USA) LLC	Stock returned under OSLA	Refer to Annexure A of Notice	-230,398 Common Stock	-230,398
20-May-21	Credit Suisse Securities (USA) LLC	Stock returned under OSLA	Refer to Annexure A of Notice	-115 Common Stock	-115
20-May-21	Credit Suisse Securities (USA) LLC	Stock returned under OSLA	Refer to Annexure A of Notice	-115 Common Stock	-115
20-May-21	Credit Suisse Securities (USA) LLC	Stock returned under OSLA	Refer to Annexure A of Notice	-115 Common Stock	-115
20-May-21	Credit Suisse Securities (USA) LLC	Stock returned under OSLA	Refer to Annexure A of Notice	-196,558 Common Stock	-196,558
20-May-21	Credit Suisse Securities (USA) LLC	Stock returned under OSLA	Refer to Annexure A of Notice	-93,473 Common Stock	-93,473
20-May-21	Credit Suisse AG, Dublin Branch	Stock returned under OSLA	Refer to Annexure A of Notice	-50,000 Common Stock	-50,000

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
N/A

4. Addresses

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

1

Name	Address
Credit Suisse Holdings (Australia) Limited (ACN 008 496 713)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
CS Third Nominees Pty Limited (ACN 007 053 849)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Equities (Australia) Limited (ACN 068 232 708)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Fourth Nominees Pty Limited (ACN 069 126 432)	Level 31, Gateway, 1 Macquarie Place, Sydney NSW 2000, Australia
Credit Suisse Funds AG	Uetlibergstrasse 231,Zurich,8070 Switzerland
Credit Suisse Securities(USA)LLC	11 Madison Avenue,New York,NY 10010
Credit Suisse AG,Singapore Branch	1 Raffles Link #03/04-01,Singapore 039393
Credit Suisse AG,Dublin Branch	Kilmore House,Park lane,Spencer Dock,Dublin 1,Ireland

Signature print name sign here	Winston Loke capacity Authorised Signatory
	date 24-May-2021

==> picture [49 x 22] intentionally omitted <==

2

Annexure "A"

This is Annexure "A" referred to in the Form 605 "Notice of ceasing to be a substantial holder"

Signature print name sign here	Credit Suisse Holdings (Australia) Limited (ACN 008 496 713) Winston Loke capacity Authorised Signatory
	date 24-May-2021

==> picture [49 x 22] intentionally omitted <==

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Prescribed information
Schedule
Type of agreement	Australian Securities Lending Agreement
Parties to agreement	Credit Suisse Equities (Australia) Limited and
	JP Morgan Nominees (Australia) Limited
Transfer date	20-May-2021
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	Yes
If yes, detail	Voting rights to be exercised in accordance
	with lender’s instructions provided such
	instructions are received 7 days prior.
Scheduled return date (if any)	N/A
Does the borrower have the right to return early?	Yes
If yes, detail	With 2 business days prior to a notice by
	Midday.
Does the lender have the right to recall early?	Yes
If yes, detail	With 4 business days prior notice or earlier
	upon agreement.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	If an event of default occurs in respect of either
	the lender or the borrower, the obligation of the
	borrower to deliver the securities to the lender
	will be netted off against the obligation of the
	lender to return securities or cash held by the
	lender as collateral.

4

Prescribed information
Schedule
Type of agreement	Overseas Securities Lending Agreement
Parties to agreement	Credit Suisse Securities (USA) LLC and State
	Street Bank and Trust Company
Transfer date	20-May-2021
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	N/A
Does the borrower have the right to return early?	Yes
If yes, detail	At Will
Does the lender have the right to recall early?	Yes
If yes, detail	With 4 business days prior notice or earlier
	upon agreement.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	If an event of default occurs in respect of either
	the lender or the borrower, the obligation of the
	borrower to deliver the securities to the lender
	will be netted off against the obligation of the
	lender to return securities or cash held by the
	lender as collateral.

5

Prescribed information
Schedule
Type of agreement	Overseas Securities Lending Agreement
Parties to agreement	Credit Suisse Securities (USA) LLC and Brown
	Brothers Harriman and Co.
Transfer date	20-May-2021
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	N/A
Does the borrower have the right to return early?	Yes
If yes, detail	At Will
Does the lender have the right to recall early?	Yes
If yes, detail	With 4 business days prior notice or earlier
	upon agreement.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	If an event of default occurs in respect of either
	the lender or the borrower, the obligation of the
	borrower to deliver the securities to the lender
	will be netted off against the obligation of the
	lender to return securities or cash held by the
	lender as collateral.

6

Prescribed information

Schedule
Type of agreement	Overseas Securities Lending Agreement
Parties to agreement	Credit Suisse AG, Dublin Branch and The
	Northern Trust Company
Transfer date	20-May-2021
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	N/A
Does the borrower have the right to return early?	Yes
If yes, detail	At Will
Does the lender have the right to recall early?	Yes
If yes, detail	With 4 business days prior notice or earlier
	upon agreement.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	If an event of default occurs in respect of either
	the lender or the borrower, the obligation of the
	borrower to deliver the securities to the lender
	will be netted off against the obligation of the
	lender to return securities or cash held by the
	lender as collateral.

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