Perpetual Limited — Major Shareholding Notification 2019

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To Company Name/Scheme ELANOR RETAIL PROPERTY FUND

ACN/ARSN 615 291 220 & 615 291 284

1. Details of substantial holder (1)

Name PERPETUAL LIMITED and its related bodies corporate ACN (if applicable) 000 431 827

The holder became a substantial holder on _ 05_ / _12 / 2019_

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:

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:

4. Details of present registered holders

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

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:

Associates

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

==> picture [412 x 160] intentionally omitted <==

----- Start of picture text -----

Name and ACN (if applicable) Nature of association
Perpetual Investment Management Limited Related bodies corporate of Perpetual Limited
Perpetual Trustee Company Limited Related bodies corporate of Perpetual Limited
6. Addresses
The addresses of persons named in this form are as follows:
Name Address
Perpetual Limited 18/123 Pitt Street Sydney, NSW 2000
Perpetual Investment Management Limited 18/123 Pitt Street Sydney, NSW 2000
Perpetual Trustee Company Limited 18/123 Pitt Street Sydney, NSW 2000
----- End of picture text -----

==> picture [91 x 62] intentionally omitted <==

Signature

==> picture [312 x 10] intentionally omitted <==

----- Start of picture text -----

Print name CHRIS GREEN Capacity COMPANY SECRETARY
----- End of picture text -----

ANNEXURE 1 - Perpetual Investments Account Codes & Details

Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, as Responsible Entity for:

This is Annexure 1 Page 1 of 6 referred to in Form 603

This is Annexure 1 Page 2 of 6 referred to in Form 603

Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, as Trustee for:

Perpetual Investment Management Limited (PIML), subsidiary of Perpetual Limited, under Investment Management Agreements with:

This is Annexure 1 Page 3 of 6 referred to in Form 603

This is Annexure 1 Page 4 of 6 referred to in Form 603

This is Annexure 1 Page 5 of 6 referred to in Form 603

This is Annexure 1 Page 6 of 6 referred to in Form 603

ANNEXURE 2

PRESENT RELEVANT INTERESTS

This is annexure 2 Page 1 of 1 referred to in Form 603 Title: Notice of change of interests of substantial holder

ANNEXURE 3

CHANGES IN RELEVANT INTERESTS

Account Security Volume Value AsAtDate 654 ERF 649,666 795,030 05/12/2019

This is annexure 3 Page 1 of 1 referred to in Form 603