ASX Settlement Rule Procedures

1 ASX Settlement Operating Rules Procedures Page 1 1 August 2010 ASX Settlement OPERATING RULES Procedures ASX Settlement ABN 49 008 504 532 Exchange Centre 20 Bridge Street Sydney NSW 2000 Australia ASX Settlement Operating Rules Procedures Page 2 18 December 2019 SECTION 1 .. 6 PROCEDURE METHODS OF GIVING NOTICE IN WRITING .. 6 PROCEDURE DELIVERY OF NOTICE .. 7 SECTION 2 DEFINITIONS AND INTERPRETATION .. 8 SECTION 4 ADMISSION OF OTHER Settlement PARTICIPANTS .. 10 PROCEDURE APPLICATION FOR ADMISSION AS A PARTICIPANT .. 10 PROCEDURE APPLICANTS INCORPORATED OR CARRYING ON BUSINESS OUTSIDE AUSTRALIA .. 10 PROCEDURE PARTICIPANT TO SUBMIT DETAILS OF AUTHORISED SIGNATORIES .. 11 PROCEDURE TECHNICAL AND PERFORMANCE REQUIREMENTS [Deleted].

2 11 PROCEDURE PERFORMANCE BONDS .. 11 PROCEDURE Settlement PARTICIPANT TO LODGE Settlement BOND .. 11 PROCEDURE SPONSORING PARTICIPANT TO LODGE SPONSORSHIP BOND .. 12 PROCEDURE CAPACITY REQUIREMENTS [Deleted] .. 12 PROCEDURE BUSINESS INTEGRITY REQUIREMENTS .. 12 PROCEDURE LOCATION REQUIREMENTS .. 13 PROCEDURE PERSON TO HAVE A PAYMENT FACILITY .. 13 PROCEDURE ORGANISATIONAL REQUIREMENTS .. 14 PROCEDURE CUSTODIAL Settlement PARTICIPANT ELIGIBILITY .. 14 SECTION 5 RIGHTS AND OBLIGATIONS OF ISSUERS .. 17 PROCEDURE PROVISION OF APPLICATION FORMS .. 17 PROCEDURE INFORMATION ON APPLICATION FORMS .. 17 PROCEDURE CORPORATE ACTIONS CHANGES TO HOLDINGS [Deleted] .. 17 PROCEDURE REVIEW OF REGISTRY 17 PROCEDURE ISSUER REPORTING TO SPONSORED HOLDINGS.

3 18 SECTION 6 .. 19 PROCEDURE Settlement AND ACCUMULATION ACCOUNTS .. 19 PROCEDURE RECONCILIATION OF ACCUMULATION ACCOUNT .. 19 PROCEDURE OBLIGATION TO NOTIFY ASX Settlement IN RESPECT OF RECONCILIATION .. 19 PROCEDURE TRANSFER OF FINANCIAL PRODUCTS FROM ACCUMULATION ACCOUNT TO Settlement ACCOUNT .. 19 PROCEDURE TRANSFER OF FINANCIAL PRODUCTS FROM CHESS HOLDING (OTHER THAN ACCUMULATION ACCOUNT) TO Settlement ACCOUNT .. 20 PROCEDURE TRANSFER OF FINANCIAL PRODUCTS FROM Settlement ACCOUNT TO A HOLDING OTHER THAN ACCUMULATION ACCOUNT .. 20 PROCEDURE IDENTITY OF CLIENT IN A SECURITIES LENDING TRANSACTION .. 21 PROCEDURE REGISTERING AS A SECURITIES LENDING PARTICIPANT .. 21 PROCEDURE REPORTING OF SECURITIES LENDING ACTIVITY.

4 21 ASX Settlement Operating Rules Procedures Page 3 18 December 2019 SECTION 8 APPROVAL OF ISSUERS AND FINANCIAL PRODUCTS .. 23 PROCEDURE 23 PROCEDURE 23 PROCEDURE ESTABLISHING A HOLDER RECORD .. 23 PROCEDURE ACTION FOLLOWING THE APPLICATION OF A HOLDING LOCK .. 23 PROCEDURE APPLICATION OF HOLDING LOCK FOR THE PURPOSES OF FREEZING ASSETS .. 24 PROCEDURE APPLICATION OF HOLDING LOCK BY ASX Settlement FOR THE PURPOSE OF FREEZING ASSETS .. 24 PROCEDURE ACTION FOLLOWING THE REMOVAL OF A HOLDING LOCK OR A HOLDER RECORD LOCK .. 24 PROCEDURE CHANGE OF HOLDER RECORD DETAILS .. 25 PROCEDURE 25 PROCEDURE CHANGE OF RESIDENCY INDICATOR .. 25 PROCEDURE 26 PROCEDURE ACTION BY ASX Settlement FOLLOWING RECEIPT OF TFN, ABN OR EXEMPTION CODE DETAILS.

5 26 PROCEDURE SUPPRESSION OR REINSTATEMENT OF PRODUCTION OF HOLDING STATEMENTS .. 26 PROCEDURE 27 PROCEDURE ACTION FOLLOWING RECEIPT OF NOTICE FOR RECTIFICATION OF REGISTER .. 27 SECTION 9 .. 28 PROCEDURE VALID ORIGINATING MESSAGE FOR SINGLE ENTRY DEMAND TRANSFER .. 28 PROCEDURE INITIATION OF DUAL ENTRY DEMAND TRANSFER .. 28 PROCEDURE MATCHING DUAL ENTRY DEMAND TRANSFERS .. 29 PROCEDURE TRANSFERS FROM CHESS HOLDINGS .. 29 PROCEDURE TRANSFERS INTO CHESS HOLDINGS .. 30 PROCEDURE STANDING HINS .. 30 SECTION 10 .. 31 PROCEDURE NOTIFICATION OF BATCH INSTRUCTIONS .. 31 PROCEDURE POWER TO IMPOSE CONDITIONS ON SCHEDULING OF BATCH INSTRUCTIONS .. 31 PROCEDURE DESIGNATION OF BATCH INSTRUCTIONS .. 32 PROCEDURE DUAL ENTRY BATCH INSTRUCTIONS.

6 32 PROCEDURE DUAL ENTRY BATCH INSTRUCTIONS MATCHING .. 33 PROCEDURE SINGLE ENTRY BATCH INSTRUCTIONS .. 33 PROCEDURE ACCRUED BATCH INSTRUCTIONS .. 34 SECTION 12 .. 35 PROCEDURE [Deleted] .. 35 PROCEDURE [Deleted] .. 35 PROCEDURE NOTICE, REPORTING AND COSTS OF AUDIT OF CLEARING ACCOUNTS .. 35 PROCEDURE ASX Settlement TO CONDUCT ANNUAL REVIEW .. 35 PROCEDURE [Deleted] .. 35 ASX Settlement Operating Rules Procedures Page 4 18 December 2019 PROCEDURE [Deleted] .. 35 PROCEDURE [Deleted] .. 36 PROCEDURE APPEAL AGAINST REVOCATION OF ASX Settlement APPROVAL .. 36 PROCEDURE CONTENT OF NOTICES .. 36 PROCEDURE APPEAL BY NON-COMPLIANT PARTICIPANT .. 36 SECTION 13 .. 37 PROCEDURE APPROVAL OF PERSON AS PRINCIPAL ISSUER.

7 37 PROCEDURE TRANSMUTATION AND ALTERATIONS OF PRINCIPAL FINANCIAL PRODUCTS .. 37 PROCEDURE REGISTERS AND PROCESSING OF TRANSFERS AND TRANSMUTATIONS .. 37 PROCEDURE TERMINATION OF TRUST OVER PRINCIPAL FINANCIAL PRODUCTS .. 37 PROCEDURE DISTRIBUTION OF PRINCIPAL FINANCIAL PRODUCTS AND POWER OF SALE .. 38 PROCEDURE ACCEPTANCE OF TAKEOVERS .. 38 PROCEDURE NOTICE OF MEETING .. 39 PROCEDURE CDI TO PRINCIPAL FINANCIAL PRODUCT TRANSMUTATION .. 39 PROCEDURE TRUSTEE TRANSFER FORMS .. 40 PROCEDURE PRINCIPAL FINANCIAL PRODUCTS TO CDI TRANSMUTATION .. 40 PROCEDURE FDI REGISTER .. 41 PROCEDURE ACCEPTANCE OF TAKEOVER BID ON BEHALF OF HOLDERS OF FDIS .. 41 PROCEDURE NOTICE TO HOLDERS OF RIGHTS IN RELATION TO VOTING.

8 41 SECTION 14 .. 42 PROCEDURE RESERVATION OF SECURITIES IN CHESS HOLDINGS AS COVER .. 42 PROCEDURE COVER RELEASE AND TRANSFER .. 42 PROCEDURE PARTICIPANT BIDDER NOTICE .. 42 SECTION 18 .. 43 PROCEDURE VALID ORIGINATING MESSAGE FOR AQUA PRODUCTS INITIATION OF REQUEST .. 43 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS ACCEPTING, REJECTING OR DEFERRING A REQUEST .. 44 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS HOLDING ADJUSTMENT REQUEST .. 45 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS INFORMATION TO BE PROVIDED PRIOR TO ISSUE OR REDEMPTION .. 45 PROCEDURE VALID ORIGINATING MESSAGE FOR AQUA PRODUCTS INITIATION OF REQUEST TO SWITCH .. 46 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS ACCEPTING, REJECTING OR DEFERRING THE SWITCH 47 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS HOLDING ADJUSTMENT REQUEST.

9 47 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS CANCELLATION BY PRODUCT ISSUER Settlement PARTICIPANT .. 47 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS CANCELLATION BY APPLICANT .. 48 ASX Settlement Operating Rules Procedures Page 5 18 December 2019 VALID MESSAGE FOR AQUA PRODUCTS CHANGE OF DETAILS NOTIFIED BY PRODUCT ISSUER Settlement 49 VALID ORIGINATING MESSAGE FOR AQUA PRODUCTS INITIATION OF REQUEST FOR INCOME ADVICE .. 49 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS ACCEPTING OR REJECTING REQUEST FOR INCOME ADVICE .. 50 VALID MESSAGE FOR AQUA PRODUCTS INCOME ADVICE DETAILS .. 50 VALID MESSAGE FOR AQUA PRODUCTS CANCELLATION OF ACCEPTED REQUEST FOR INCOME ADVICE .. 52 VALID ORIGINATING MESSAGE FOR AQUA PRODUCTS INITIATION OF REQUEST TO CHANGE HOLDER S STANDING INSTRUCTIONS.

10 52 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS ACCEPTING OR REJECTING REQUEST TO CHANGE DETAILS .. 52 PROCEDURE VALID MESSAGE FOR AQUA PRODUCTS HOLDING ADJUSTMENT REQUEST .. 53 TECHNICAL ACCREDITATION .. 53 PROCEDURE SCHEDULE 1 FOR FINANCIAL PRODUCTS .. 54 APPENDIX 1 SCHEDULED TIMES .. 58 ASX Settlement Operating Rules Procedures Page 6 10 January 2019 SECTION 1 PROCEDURE METHODS OF GIVING NOTICE IN WRITING Unless otherwise specified in correspondence with a Facility User, documents addressed to ASX Settlement should be addressed to: General Manager, Clearing and Settlement Operations ASX Settlement Pty Ltd Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Telephone: 1800 814 051 Facsimile: 02 9227 0265 Notice to ASX Settlement may be given by: 1.