Lendlease Annual Report 2021

Securities exchange listing and code Lendlease Group is listed on the Australian Securities Exchange and trades under the code LLC. In the United States, Lendlease securities are traded on the ‘over the counter’ market in the form of sponsored American Depositary Receipts (ADRs) under the symbol LLESY. Each ADR represents one ordinary security. Information about ADRs is available from the depositary, The Bank of New York Mellon (www.adrbny.com) . Voting rights Each stapled security in Lendlease Group and each ADR entitles the holder to one vote. Rights to Lendlease Group securities granted under Lendlease Group’s employee equity incentive plans do not carry voting rights. Share Accumulation Plan The Share Accumulation Plan is designed to be a convenient way for securityholders with a registered address in Australia or New Zealand to build their securityholdings without incurring transaction costs. The laws of other countries make it difficult for us to offer securities in this way. Lendlease securityholders are able to reinvest their distributions to acquire more Lendlease securities through the Distribution Reinvestment Plan (DRP) or the Share Election Plan (SEP). Securityholders may also make contributions of between $500 and $2,500 to acquire new Lendlease securities under the Share Purchase Plan (SPP). Together the DRP, SEP and SPP constitute the Share Accumulation Plan. The rules of each of these plans are set out in the Share Accumulation Plan Information Sheet. Copies are available on the Lendlease website. Please note that the Share Election Plan and the Share Purchase Plan are currently suspended. Key sources of information for securityholders We report the following to securityholders each year: • Annual Report • Half Year Financial Report • March and September distribution statements. Electronic communications Securityholders have the option of receiving the following communications and all other Company related information electronically: • Annual Report • Distribution statements • Notice of Annual General Meetings. Lendlease makes the Annual Report available in an online version. A hard copy of the Annual Report will only be sent to those securityholders who elect to receive it in that form. In addition, securityholders may elect to receive notification when the Annual Report is available online. Securityholders who wish to register their email address should go to the website of the Lendlease share registry www.investorcentre.com/ecomms For registry contact details, see page 201. Privacy legislation Under Chapter 2C of the Corporations Act 2001 , a securityholder’s information (including their name, address and details of securities held) is required to be included in Lendlease’s public register. This information must continue to be included in Lendlease’s public register for seven years after a person ceases to be a securityholder. These statutory obligations are not altered by the Privacy Amendment (Private Sector) Act 2000 . Information is collected to administer the securityholder’s holding and if some or all of the information is not collected, then it may not be possible to administer the holding. Lendlease’s privacy policy is available on its website. Dispute resolution There is a dispute resolution mechanism that covers complaints by securityholders. For more information, please contact Lendlease Investor Relations at +61 2 9236 6111 or email us (investorrelations@lendlease.com ). Distribution and Share Accumulation Plan issue price history For historical distribution and Share Accumulation Plan Issue Price information, please see the below link to our website (www.lendlease.com/au/investor-centre/ distribution-and-tax). Security information at a glance at 1 August 2021 (comparative 1 August 2020) 2021 2020 Number of securityholders 70,202 66,696 Units issued 688,585,551 688,267,587 Percentage owned by 20 largest securityholders 74.89% 75.89% Interim dividend/distribution 15.0 cents per security 30.0 cents per security Total dividend/distribution 27.0 cents per security 33.3 cents per security Dividend payout ratio 49% 1 NA 2 Spread of securityholdings as at 1 August 2021 (comparative 1 August 2020) 2021 2020 1 to 1,000 securities 37,814 35,448 1,001 to 5,000 25,683 24,515 5,001 to 10,000 4,318 4,414 10,001 to 100,000 2,235 2,231 100,001 securities and over 98 88 Total number of securityholders 70,148 66,696 Securityholders with less than a marketable parcel 3,158 (representing 50,236 securities) 3,396 (representing 60,497 securities) Securities purchased on market The following securities were purchased on market during the financial year for the purpose of funding employee incentive awards through Lendlease securities. Number of Securities Purchased Average Price Paid Per Security Stapled Securities 3,471,620 $12.66 Securityholder information 1. Dividend payout ratio for FY21 has been calculated on Core Operating Earnings. 2. Dividend payout ratio is nonmeaningful in FY20 due to the Group statutory loss. 203 A sense of place 202 Lendlease Annual Report 2021 Other Information