Dexus : Appendix 3Y - Darren Steinberg

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	Dexus comprising the stapled securities of
	Dexus Property Trust (DPT)
	Dexus Operations Trust (DXO)
ABN	24 595 854 202 (DPT)
	69 645 176 383 (DXO)

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	Darren Joseph Steinberg
Date of last notice	17 August 2021

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	Indirect
Nature of indirect interest	Performance Rights granted under the
(including registered holder)	2021 Short Term Incentive (STI) Rights
Note: Provide details of the circumstances giving rise to the relevant	Plan and the 2021 Long Term Incentive
interest.
	(LTI) Rights Plan.
Date of change	19 November 2021

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

Appendix 3Y

Change of Director's Interest Notice

	No. of securities held prior to change	Performance Rights granted under the
		2020 STI Rights Plan giving the right to
		14,770 securities
		Performance Rights granted under the
		2020 and previous LTI Rights Plans giving
		the right to 548,342 securities
		Performance Rights granted under the
		CEO Incentive Award giving the right to
		356,335 securities
		1,207,167 securities
	Class	Ordinary
	Number acquired	271,881 Performance Rights comprised of:
		46,876 Rights granted under the 2021 STI
		Rights Plan and 225,005 Rights granted
		under the 2021 LTI Rights Plan.
	Number disposed	Nil
	Value/Consideration	No cash consideration.
	Note: If consideration is non-cash, provide details and estimated	$2,899,991 cash	equivalent	(using the
	valuation	volume weighted average price of
		Securities ten trading days either side of 1
		July 2021 of $10.6664)
	No. of securities held after change	Performance Rights granted under the
		2021 and previous STI Rights Plan giving
		the right to 61,646 securities
		Performance Rights granted under the
		2021 and previous LTI Rights Plans giving
		the right to 773,347 securities
		Performance Rights granted under the
		CEO Incentive Award giving the right to
		356,335 securities
		1,207,167 securities
	Nature of change	Grant of Performance Rights under the
	Example: on-market trade, off-market trade, exercise of options, issue	2021 Short-Term	Incentive	(STI) Rights
	of securities under dividend reinvestment plan, participation in buy-	Plan and the 2021 Long-Term Incentive
	back
		(LTI) Rights Plan.
+ See chapter 19 for defined terms.
Appendix 3Y Page 2			01/01/2011

Appendix 3Y

Change of Director's Interest Notice

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	N/A
interest 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

Part 3 - +Closed period

Were the interests in the securities or contracts detailed	N/A
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

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