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CHALLENGER LIMITED Director's Dealing 2020

Aug 4, 2020

64641_rns_2020-08-04_21dffa26-9ead-4eef-8a41-51ea7182dd76.pdf

Director's Dealing

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Appendix 3Y Change of Director’s Interest Notice

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 Challenger Limited
ABN 85 106 842 371

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 Peter Leith Polson
Date of last notice 18 June 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 Direct and Indirect
Nature of indirect interest Interests held via Polson Family
(including registered holder) Superannuation Fund and by spouse
Note: Provide details of the circumstances giving rise to the relevantinterest. (Rosemary Annette Polson)
Date of change 30 July 2020
No. of securities held prior to change Indirect:
Polson Family Superannuation Fund:
o110,000 ordinary shares in
Challenger Limited
o4,480 Challenger Capital Notes 2
o20,000 units in an ActiveX
exchange traded fund - Adrea Real
Income Bond Fund (XARO) issued
by Fidante Partners Limited (Units)
Sandhurst Trustees Ltd (custodian for
the Polson Family Superannuation
Fund): 12,000 ordinary shares in
Challenger Limited
Rosemary Annette Polson: 10,000 Units
Direct:
5,000 Units
Class Ordinary shares
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired 6,944 ordinary shares via Polson FamilySuperannuation Fund
Number disposed Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation $4.32 per ordinary share
No. of securities held after change Indirect:•Polson Family Superannuation Fund:o116,944 ordinary shares inChallenger Limitedo4,480 Challenger Capital Notes 2o20,000 Units•Sandhurst Trustees Ltd (custodian forthe Polson Family SuperannuationFund): 12,000 ordinary shares inChallenger Limited•Rosemary Annette Polson: 10,000 UnitsDirect:•5,000 Units
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back Participation in Share Purchase Plan

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(if issued securities) N/A
Date of change N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation to whichthe interest has changed N/A
Interest acquired N/A
Interest disposed N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation N/A
Interest after change N/A

Part 3 –[+] Closed period

  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities orcontracts detailed above traded during a+closed period where prior writtenclearance was required? Yes; the Share Purchase Plan offer opened at9:00am on 1 July 2020 and closed at 5:00pm on 21July 2020.
If so, was prior written clearanceprovided to allow the trade to proceedduring this period? Yes, prior written clearance was provided pursuantto Challenger Limited’s Staff Trading Policy.
If prior written clearance was provided,on what date was this provided? 7 July 2020.
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3