Australian Ethical Investment

Dividends paid

Dividend Reinvestment Plan

At the time of declaring each dividend, Australian Ethical Investment Ltd will advise company shareholders whether the dividend reinvestment plan will operate in respect of that dividend. If the dividend reinvestment plan applies to a dividend, company shareholders will have the option to reinvest dividends into ordinary shares rather than to receive cash.

This option is detailed in the Dividend Reinvestment Plan, which outlines the rules in exercising this option.