ASX:MFG - Change of Director's Interest Notice - Paul Lewis

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

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	Magellan Financial Group Limited
ABN	59 108 437 592

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	Paul Lewis
Date of last notice	3 August 2020

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	Direct and Indirect
Nature of indirect interest	PAJ Lewis Superannuation Fund Pty Ltd
(including registered holder)	PAJ Lewis Pty Limited
Note: Provide details of the circumstances giving rise to the relevant	Melissa Lewis Foundation
interest.	The PAJ Trust
Date of change	1.	7 October 2020
	2.	12 and 13 October 2020
	3.	12 October 2020
	4.	12 October 2020
	5.	13 October 2020
No. of securities held prior to change	1,500,000 Fully Paid Ordinary Shares (ASX: MFG)
	602,932.2286 Units in Magellan Global Fund
	452,415.2860 Units in Magellan Infrastructure Fund
	108,998 Units in Magellan Global Trust (ASX: MGG)
	1,496,053 Units in Magellan High Conviction Trust
	(ASX: MHH)
Class	1.	Magellan Financial Group Limited Fully Paid
		Ordinary Shares (ASX: MFG)
	2.	Units in Magellan Global Trust (ASX: MGG)
	3.	Units in Magellan High Conviction Fund - Class B
	4.	Units in Magellan Infrastructure Fund
	5.	Units in Airlie Australian Share Fund

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Number acquired	595,000 Units in Magellan Global Trust (ASX: MGG)
	877,056.2096 Units in Magellan High Conviction Fund
	- Class B
	878,974.9200 Units in Magellan Infrastructure Fund
	408,452.2383 Units in Airlie Australian Share Fund
Number disposed	150,000 Fully Paid Ordinary Shares (ASX: MFG)
Value/Consideration	1.	$60.1263 per Fully Paid Ordinary Share (ASX:
Note: If consideration is non-cash, provide details and estimated		MFG)
valuation	2.	$1.8907 (average) per Unit in Magellan Global
		Trust
	3.	$1.2827 per Unit in Magellan High Conviction
		Fund - Class B
	4.	$1.2799 per Unit in Magellan Infrastructure Fund
	5.	$2.7543 per Unit in Airlie Australian Share Fund
No. of securities held after change	1,350,000 Fully Paid Ordinary Shares (ASX: MFG)
	602,932.2286 Units in Magellan Global Fund
	1,331,390.2060 Units in Magellan Infrastructure Fund
	703,998 Units in Magellan Global Trust (ASX: MGG)
	1,496,053 Units in Magellan High Conviction Trust
	(ASX: MHH)
	877,056.2096 Units in Magellan High Conviction Fund
	- Class B
	408,452.2383 Units in Airlie Australian Share Fund
Nature of change	1.	On-market sale
Example: on-market trade, off-market trade, exercise of options,	2.	On-market purchase
issue of securities under dividend reinvestment plan, participation in	3.	Purchase of units
buy-back
4.	Purchase of units
	5.	Purchase of units

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	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which interest	N/A
related prior to change
Note: Details are only required for a contract in relation to which
the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an estimated
valuation
Interest after change	N/A

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

Part 3 - +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?
14 October 2020
Authorised by
Marcia Venegas | Company Secretary

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3