ASX:MFG - Change of Director's Interest Notice - Karen Phin

Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

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	Magellan Financial Group Limited
ABN	59 108 437 592
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		Karen Phin
Date of last notice		14 December 2020

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	Eleanore Phin
(including r g stered holder)	Eleanore Phin and Karen Phin ATF the P A Phin
Note: Provide details of the circumstances giving rise to the relevant	Portable Superannuation Fund (trustee)
interest.
Date of change	15 January 2021
No. of securities held prior to change	89,312 Ordinary Shares (ASX: MFG)
	91,344 Units in (Closed Class) (ASX: MGF)
	19,049.0704 Units in Airlie Australian Share Fund
	121,571 Units in (ASX: MHH)
Class	Units in (ASX: MHH)
Number acquired	1,143 Units in (ASX: MHH)
Number disposed	N/A
Value/Considerat on	$1.4520 per Unit in (ASX: MHH)
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	89,312 Ordinary Shares (ASX: MFG)
	91,344 Units in (Closed Class) (ASX: MGF)
	19,049.0704 Units in Airlie Australian Share Fund
	122,714 Units in (ASX: MHH)
Nature of change	Units issued under the DRP
Example: on-market trade, off-market trade, exercise of options, issue
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.

+ See chapter 19 for defined terms. 01/01/2011

Appendix 3Y

Change of Director's Interest Notice

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
Note: Details are only required for a contract in
interest related prior to change
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Note: If consideration is non-cash, provide details	N/A
Value/Consideration
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?

20 January 2021

Authorised by

Marcia Venegas | Company Secretary

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