CSL : Shareholder Meeting Document

Driven by Our Promise

CSL Limited Notice of Meeting 2022

Contents

Items of Business	3
Explanatory Notes	5
Voting and Participation	17

Invitation from the Chair

On behalf of your Board of Directors, I am pleased to invite you to the 2022 Annual General Meeting (AGM) of CSL Limited (CSL or the Company).

Our AGM will be held on Wednesday, 12 October at the Clarendon Auditorium, Melbourne Convention and Exhibition Centre, South Wharf, Melbourne 3000, starting at 10am. We are pleased to be holding our AGM in person after two years of virtual meetings and invite shareholders to join us at the venue. Those unable to attend can watch a live webcast of the meeting. Please find a map of the venue and transport details on pages 20-21.

Shortly after opening the AGM, I will address the meeting and then our Chief Executive Officer will review CSL's operations and performance over the year to 30 June 2022. We will then move through the items of business set out in this Notice of Meeting and you will have an opportunity to ask questions about the management and operations of the Company.

As with our approach in previous years, we invite shareholders to submit written questions ahead of the AGM and we will endeavour to answer as many of these questions as possible.

Director Re-elections

Ms Marie McDonald and Dr Megan Clark AC will be seeking re-election to the Board of CSL as Non-Executive Directors.

Marie joined the Board on 14 August 2013 and continues to make valuable contributions to the Board and the Committees drawing on her insight on financial markets, risk and compliance and change management. Marie is a member of the Audit and Risk Management Committee and the Human Resources and Remuneration Committee. The Board recommends the re-election of Ms Marie McDonald.

Megan joined the Board on 16 February 2016 and continues to make valuable contributions to the Board and Committees drawing on her extensive breadth of executive experience in diverse industries, including mining and manufacturing. Megan is the Chair of the Human Resources and Remuneration Committee and a member of the Corporate Governance and Nomination Committee and the Innovation and Development Committee. The Board recommends the re-election of Dr Megan Clark.

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Invitation from the Chair continued

Board Recommendation

The Board recommends that you vote in favour of the resolutions in Items 2, 3 and 4.

Thank you for your continued support of CSL. I encourage you to join us at the AGM and look forward to speaking with you then.

Yours faithfully,

Dr Brian McNamee AO

Chair

How to participate in the AGM

The CSL Annual General Meeting (AGM) will be held on Wednesday 12 October 2022 at 10am (Melbourne time). Shareholders, proxyholders and interested parties can participate in the AGM by attending in person at the Melbourne Convention and Exhibition Centre - Clarendon Auditorium, Level 1, 2 Clarendon St, South Wharf, Melbourne 3000. Registrations open at 9am.

The meeting will be webcast live at:

https://web.lumiagm.com/356901567

Proxy voting and proxyholder participation

CSL encourages all shareholders to submit a proxy vote online ahead of the meeting. Proxy votes can be lodged at investorvote.com.au.

Further information on lodging a proxy vote ahead of the meeting is available on page 17 of this Notice of Meeting booklet.

Proxyholders may contact CSL's share registry, Computershare Investor Services Pty Ltd, on 1800 783 447 (within Australia) or [phone] (outside Australia) for further information.

Questions

Shareholders can submit questions prior to the meeting by logging into www.investorvote.com.au by 5pm (Melbourne time) on Wednesday, 5 October 2022.

2 CSL Limited Notice of Meeting 2022

Notice of Annual General Meeting

NOTICE IS GIVEN that the 2022 Annual General Meeting (AGM) of CSL Limited (ABN 99 051 588 348) will be held on Wednesday, 12 October 2022 at 10am (Melbourne time) and shareholders may attend in person at the Melbourne Convention and Exhibition Centre - Clarendon Auditorium, Level 1,

2 Clarendon St, South Wharf, Melbourne 3000.

Items of Business

1 Financial Statements and Reports

To receive and consider the Financial Statements and the reports of the Directors and Auditors for the year ended 30 June 2022.

2 Re-election of Directors

To consider and, if thought fit, to pass the following resolutions each as an ordinary resolution:

1. That Ms Marie McDonald, who retires as a Director in accordance with CSL's Constitution and, being eligible, be re-elected.
2. That Dr Megan Clark AC, who retires as a Director in accordance with CSL's Constitution and, being eligible, be re-elected.

The Chair of the meeting intends to vote all available proxies in favour of Item 2.

3 Adoption of the Remuneration Report

To consider and, if thought fit, to pass the following as a non-binding ordinary resolution:

That the Remuneration Report for the year ended 30 June 2022 as set out in Section 11 of the Annual Report be adopted.

Voting exclusion applicable to Item 3

CSL will disregard any votes cast on Item 3:

• by or on behalf of a person who is a member of CSL's Key Management Personnel (KMP) named in the Remuneration Report for the year ended 30 June 2022, and their closely related parties (regardless of the capacity in which the vote is cast); or
• as proxy by a person who is a member of the KMP on the date of the AGM and their closely related parties.

However, votes will notbe disregarded if they are cast as proxy for a person entitled to vote on Item 3:

• in accordance with the directions on the proxy form; or
• by the person chairing the meeting in accordance with an express authorisation in the proxy form to exercise the proxy even though Item 3 is connected with the remuneration of CSL's KMP.

The Chair of the meeting intends to vote all available proxies in favour of Item 3.

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