Morphic Ethical Equities Fund : Appendix 3Y Change of Director's Interest

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

For personal use only

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: Morphic Ethical Equities Fund Limited (MEC)

ABN: 52 617 345 123

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	Jack Theseus Lowenstein
Date of last notice	4 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	Direct and indirect
	Nature of indirect interest	Indirect interests are through:	Ltd
	Note: Provide details of the circumstances giving rise to the relevant	- Morphic Asset Management Pty
	(including r g stered holder)	- Ludwigson Holdings Pty Ltd (Ludwigson),
	interest.	(MAM). Mr Lowenstein is a director	of
		Mr Lowenstein's superannuation Fund.
		MAM.
	Date of change	15 December 2021
	No. of securities held prior to change	Direct:
		545,098 ordinary shares
		Indirect:
		227,186 ordinary shares (Ludwigson)
		7,673 ordinary shares (MAM)
	Class	Ordinary Shares
	Number acquired	Direct:
		12,028 ordinary shares
		Indirect:
		5,013 ordinary shares (Ludwigson)
		169 ordinary shares (MAM)
	+ See chapter 19 for defined terms.	Appendix 3Y Page 1
01/01/2011

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Number disposed	Nil
Note: If consideration is non-cash, provide details and estimated	$16,352
Value/Considerat on	Direct:
valuation	Indirect:
	$6,815 (Ludwigson)
	$230 (MAM)
No. of securities held after change	Direct:
	557,126 ordinary shares
	Indirect:
	232,199 ordinary shares (Ludwigson)
	7,842 ordinary shares (MAM)
Example: on-market trade, off-market trade, exercise of options, issue	Plan
Nature of change	Shares issued under Dividend Reinvestment
of securities under dividend reinvestment plan, participation in buy-
back

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	N/A
	which 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
	+ See chapter 19 for defined terms.	01/01/2011
	Appendix 3Y Page 2

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Were the interests in the securities or contracts detailed	No
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.	Appendix 3Y Page 3
01/01/2011

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

For personal use only

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: Morphic Ethical Equities Fund Limited (MEC)

ABN: 52 617 345 123

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	JoAnna Louise Fisher
Date of last notice	4 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	Ms Fisher's superannuation scheme
	Note: Provide details of the circumstances giving rise to the relevant
	(including r g stered holder)
	interest.	GB Weir & JL Fisher
	Date of change	15 December 2021
	No. of securities held prior to change	109,020 ordinary shares
	Class	Ordinary Shares
	Number acquired	2,406 ordinary shares
	Number disposed	Nil
	Note: If consideration is non-cash, provide details and estimated
	Value/Considerat on	$3,270
	valuation
	No. of securities held after change	111,426 ordinary shares
+ See chapter 19 for defined terms.	Appendix 3Y Page 1
01/01/2011

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Example: on-market trade, off-market trade, exercise of options, issue	Plan
Nature of change	Shares issued under Dividend Reinvestment
of securities under dividend reinvestment plan, participation in buy-
back

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	No
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 2