Oil Search : Final Director's Interest Notice – K Wulff

Appendix 3Z

Final Director's Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name of entity	Oil Search Limited
ARBN	055 079 868

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Keiran Wulff
Date of last notice	25 May 2021
Date that director ceased to	21 July 2021
be director

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

N/A

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1

Appendix 3Z

Final Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interest	Number & class of securities
	Note: Provide details of the circumstances
	giving rise to the relevant interest
	1.	Wakat Pty Ltd		1. 289,076 ordinary fully paid shares
	2. CPU Share Plans Pty Limited	2.	Restricted Shares:
		(as trustee for the Oil Search Restricted		• 55,030 2020 Restricted Shares awarded as 50%
		Shares Plan Trust)			deferral of FY19 STI subject to a 2-year holding lock
	3.	CPU Share Plans Pty Limited		• 308,544 2021 Restricted Shares awarded as 63%
		deferral of FY20 STI subject to a 2-year holding lock
		(as trustee for the Oil Search Australian
		Employee Share Plan Trust)	3.	Performance Rights:
	4.	CPU Share Plans	Pty Limited (as		• 69,850 2019 Performance Rights
		• 286,100 2020 Performance Rights
		trustee for the Oil	Search Australian
			• 386,363 2021 Performance Rights
		Employee Share Plan Trust)
	5. CPU Share Plans	Pty Limited (as	4. 104,020 2021 Alignment Rights
		trustee for the Oil	Search Australian	5.	40,083 2018 LNG Expansion Incentive Performance
		Employee Share Plan Trust)
			Rights
				Treatment of unvested securities is in accordance with employment contract
				terms, the LTI Plan Rules, and ASX release dated 19 July 2021:
				• The Performance Rights, Alignment Rights and LNG Expansion
					Incentive Performance Rights will be pro-rated as at the director's
					cessation date. 556,446 Performance Rights, 97,851 Alignment Rights
					and 8,335 LNG Expansion Incentive Performance Rights will lapse and
					the remaining 185,867 Performance Rights, 6,169 Alignment Rights and
					31,748 LNG Expansion Incentive Performance Rights will remain on foot
					and treated in accordance with their terms of issue.
				• The Restricted Shares will remain on foot and vest in accordance with
					their terms of issue.
Part 3 - Director's interests in contracts
	Detail of contract		N/A
	Nature of interest		N/A
	Name of registered holder	N/A
	(if issued securities)
	No. and class of securities to which	N/A
	interest relates

+ See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002