Appendix 3D – Renewal of On-Market Share Buy-Back Facility

5 February 2021


The Manager
ASX Market Announcements
Australian Securities Exchange
Exchange Centre
Level 4
20 Bridge Street
Sydney NSW 2000

Electronic Lodgement


Australian Foundation Investment Company Limited
Appendix 3D


Dear Sir / Madam

Please find attached an Appendix 3D to refresh the Company’s on-market share
buy-back facility for a further year, for capital management purposes.


Yours faithfully

Matthew Rowe
Company Secretary

Appendix 3D
Changes relating to buy-back



+
See chapter 19 for defined terms.

11/01/2010 Appendix 3D Page 1
Rule 3.8A
Appendix 3D

Changes relating to buy-back
(except minimum holding buy-back)

Information and documents given to ASX become ASX’s property and may be made public.
Introduced 1/9/99. Origin: Appendix 7B. Amended 13/3/2000, 30/9/2001, 11/01/10


Name of entity ABN/ARSN
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED


56 004 147 120

We (the entity) give ASX the following information.

1
Date that an Appendix 3C or the
last Appendix 3D was given to
ASX

31 January 2020

Information about the change

Complete each item for which there has been a change and items 9 and 10.





Column 1
(Details announced to
market in Appendix 3C or
last Appendix 3D)
Column 2
(Details of change to buy-
back proposals)

On-market buy-back


2 Name of broker who will act on the
company’s behalf

Goldman Sachs
Australia Pty Ltd



3
Deleted 30/9/2001.



4 If the company/trust intends to buy
back a maximum number of
shares/units – that number
Note: This requires a figure to be included, not a
percentage. The reference to a maximum number is
to the total number including shares/units already
bought back and shares/units remaining to be
bought back. If the total has not changed, the item
does not need to be completed.

Up to 119,202,917
ordinary shares
Up to 120,631,128
ordinary shares

Appendix 3D
Changes relating to buy-back



+
See chapter 19 for defined terms.

Appendix 3D Page 2 11/01/2010


Column 1
(Details announced to market
in Appendix 3C or last
Appendix 3D)
Column 2
(Details of change to buy-back
proposals)
5 If the company/trust intends to buy
back a maximum number of
shares/units – the number
remaining to be bought back

Up to 119,202,917 ordinary
shares
Up to 120,631,128 ordinary
shares


6 If the company/trust intends to buy-
back shares/units within a period of
time – that period of time; if the
company/trust intends that the buy-
back be of unlimited duration - that
intention

17 February 2021 22 February 2021 to the 22
February 2022


7 If the company/trust intends to buy
back shares/units if conditions are
met – those conditions







n/a

All buy-backs

8 Any other change








n/a


9
Reason for change

To refresh the Company’s on-market buy-back facility,
for capital management purposes.

Appendix 3D
Changes relating to buy-back



+
See chapter 19 for defined terms.

11/01/2010 Appendix 3D Page 3

10 Any other information material to a
shareholder’s/unitholder’s decision
whether to accept the offer (eg,
details of any proposed takeover bid)
n/a


Compliance statement

1. The company is in compliance with all Corporations Act requirements relevant to this
buy-back.

or, for trusts only:

1. The trust is in compliance with all requirements of the Corporations Act as modified
by Class Order 07/422, and of the trust’s constitution, relevant to this buy-back.

2. There is no information that the listing rules require to be disclosed that has not
already been disclosed, or is not contained in, or attached to, this form.

Sign here: Date: 5 February 2021
(Company secretary)

Print name: Matthew Rowe

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