Name of entity:

Pendal Group Limited

ABN:

28 126 385 822

Date:

4 December 2020

Name of Director:

Emilio Gonzalez

Date of last notice:

10 November 2020

Part 1 - Change of director's relevant interests in securities

Direct or indirect interest:

Direct

Direct

Direct

Nature of indirect interest

-

-

-

(including registered holder)

Note: Provide details of the circumstances

giving rise to the relevant interest.

Date of change:

-

3 December 2020

No. of securities held prior to

275,049

1,180,555

250,972

change:

Class:

Unrestricted fully paid

Ordinary shares allocated

Performance share rights

ordinary PDL shares.

under the terms of the

which, upon performance

Pendal Group Limited

hurdles being met, may

(PDL) Employee Share

lead to an award of

Plan.

ordinary shares under the

terms of the PDL

Employee Share Plan.

Number acquired:

-

48,718

-

Number disposed:

-

-

-

Value/Consideration:

-

Non-cash consideration-

-

Note: If consideration is non-cash, provide

$7.1842

details and estimated valuation

No. of securities held after

275,049

1,229,273

250,972

change:

(No change)

(No change)

+ See chapter 19 for defined terms.11/3/2002

Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Nature of change:

-

Deferred allocation of

Example: on-market trade, off-market trade,

ordinary shares under the

exercise of options, issue of securities

terms of the Pendal Group

under dividend reinvestment plan,

Limited (PDL) Employee

participation in buy-back

Share Plan.

Detail of contract:

-

Nature of interest:

-

Name of registered holder

-

(if issued securities):

Date of change:

-

No. and class of securities to which

-

interest related prior to change:

Note: Details are only required for a contract in relation to

which the interest has changed

Interest acquired:

-

Interest disposed:

-

Value/Consideration:

-

Note: If consideration is non-cash, provide details and an

estimated valuation

Interest after change:

-

Part 3 - Closed period

Were the interests in the securities

No.

or contracts detailed above traded

during a closed period where prior

written clearance was required?

If so, was prior written clearance

Not applicable.

provided to allow the trade to

proceed during this period?

If prior written clearance was

Not applicable.

provided, on what date was this

provided?

+ See chapter 19 for defined terms.11/3/2002

Appendix 3Y Page 2