Vicinity Centres : Appendix 3Y - Change of Director's Interest Notice - Grant Kelley

16 December 2020

Market Announcements Office

Australian Securities Exchange

Exchange Centre

20 Bridge Street

SYDNEY NSW 2000

Dear Sir/Madam

Change of Director's Interest Notice - Mr Grant Kelley

Please find attached an Appendix 3Y - Change of Director's Interest Notice for Mr Grant Kelley relating to the grant of performance rights and restricted rights on 11 December 2020 under the FY2021 Equity Incentive Plan as approved by securityholders at the 2020 Annual General Meeting.

Authorised for lodgement by:

Rohan Abeyewardene

Group Company Secretary

Vicinity Centres
National Office		Vicinity Limited ABN 90 114 757 783
Level 4, Chadstone Tower One		and Vicinity Centres RE Ltd
1341 Dandenong Road	T [phone]	ABN 88 149 781 322
PO Box 104	F [phone]	As responsible entity for:
Chadstone VIC 3148	vicinity.com.au	Vicinity Centres Trust ARSN 104 931 928

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	Vicinity Limited
	Vicinity Centres Trust
ABN	90 114 757 783
ARSN	104 931 928

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	Grant Lewis Kelley
Date of last notice	19 August 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
Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
Date of change	11 December 2020
No. of securities held prior to change	708,161 Performance Rights under the
	FY2019 Long Term Incentive Plan (LTIP)
	762,941 Performance Rights under the
	FY2020 LTIP
	336,209 Stapled Securities
Class	Performance Rights and Restricted Rights
Number acquired	610,013 Performance Rights and 305,006
	Restricted Rights under the FY2021 Equity
	Incentive Plan (EIP)
Number disposed	Nil

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Value/Consideration	Nil cash consideration (number of
Note: If consideration is non-cash, provide details and estimated	Performance Rights and Restricted Rights
valuation	calculated based on the volume weighted
	average price of Stapled Securities for the 10
	trading days commencing on the first trading
	day immediately following the 2020 Annual
	General Meeting (AGM)), being $1.6598.
No. of securities held after change	708,161 Performance Rights under the
	FY2019 LTIP
	762,941 Performance Rights under the
	FY2020 LTIP
	610,013 Performance Rights and 305,006
	Restricted Rights under the FY2021 EIP
	336,209 Stapled Securities
Nature of change	Grant of Performance Rights and Restricted
Example: on-market trade, off-market trade, exercise of options,	Rights under the FY2021 EIP (as approved
issue of securities under dividend reinvestment plan, participation	by securityholders at the AGM)
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

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

Interest after change	N/A

Part 3 - +Closed period

Were the interests in the securities or contracts No detailed 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 N/A was this provided?

Signed

Rohan Abeyewardene

Group Company Secretary

Date: 16 December 2020

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