Pendal : Update – Dividend/Distribution – PDL

Notification of dividend / distribution

Update Summary

Entity name

PENDAL GROUP LIMITED

Security on which the Distribution will be paid

PDL - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

Monday December 14, 2020

Reason for the Update

To advise DRP price and currency arrangements.

Refer to below for full details of the announcement

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Notification of dividend / distribution

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

PENDAL GROUP LIMITED

1.2	Registered Number Type	Registration Number
ABN	28126385822
1.3	ASX issuer code
PDL

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

To advise DRP price and currency arrangements.

1.4b Date of previous announcement(s) to this update

Wednesday November 4, 2020

1.5 Date of this announcement

Monday December 14, 2020

1.6 ASX +Security Code

PDL

ASX +Security Description

ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

Wednesday September 30, 2020

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2A.4 +Record Date

Friday December 4, 2020

2A.5 Ex Date

Thursday December 3, 2020

2A.6 Payment Date

Thursday December 17, 2020

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.22000000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? Yes

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?

Yes

2A.12 Does the +entity have tax component information apart from franking?

No

2A.11a(i) DRP Status in respect of this dividend/distribution

Full DRP

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

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2B.2 Please provide a description of your currency arrangements

Currency conversions are based on the forward exchange for New Zealand Dollars and Pounds Sterling after the Record Date following confirmation of the security holdings from the Company's share registry.

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

Currency	Payment currency equivalent amount per security
NZD - New Zealand Dollar	NZD 0.23144000
GBP - Pound Sterling	GBP 0.12181400

2B.2b Please provide the exchange rates used for non-primary currency payments

2B.2c If payment currency equivalent and exchange	Estimated or Actual?
rates not known, date for information to be released	Actual
Monday December 14, 2020

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?

No

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at this time?

No

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.22000000

3A.1a Ordinary dividend/distribution estimated amount per +security

AUD

3A.2 Is the ordinary dividend/distribution franked? Yes

3A.3 Percentage of ordinary dividend/distribution that is franked

3A.2a Is the ordinary dividend/distribution fully franked? No

3A.3a Applicable corporate tax rate for franking credit

(%)

10.0000 %

30.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

AUD 0.02200000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.00000000

3A.5 Percentage amount of dividend which is unfranked

90.0000 %

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