EXECUTIVE SCHEME (DIVISION E) Who can join? Membership of the Scheme is voluntary and is available to an 'Executive' employed by a Local Government employer. An 'Executive' is defined under the Trust Deed as any of the following: A Chief Executive Officer (under public sector specifications); A Senior Executive Officer (under public sector specifications); An officer nominated under the Statutory and Other Officers Remuneration Act 1975 (NSW); or A person who is nominated by their Local Government employer and who satisfies the following requirements: (a) occupies a senior position; and (b) is on a fixed term contract of employment. Executives can join the Scheme even if they are a member of another superannuation scheme or another division of LGSS. Summary of the Scheme The Scheme is an employer-sponsored superannuation fund for ‘executive’ employees of participating employers from certain Local Government bodies in NSW. All participating employers are called ‘Local Government employers’. The Scheme has been designed to provide you with flexible superannuation that you can tailor to address your lifestyle needs, both now and in retirement. Your employer contributes to the Scheme on your behalf. You have a large degree of control over the pace at which you contribute to your retirement benefits. In the meantime, the Scheme also provides benefits in the event of your death, invalidity and on leaving employment with a participating employer. If you are no longer employed by a participating employer, you cease to be eligible to remain as a contributory member in this Scheme and any cover you have for basic insurance will cease. Further information can be found in the PDS. The Scheme is governed by a Trust Deed. When you join the Scheme you are bound by the Trust Deed. Warning: Due to superannuation laws and depending on individual circumstances, members may not be

ROLLOVER AND ACCOUNT-BASED PENSION PLAN (DIVISION F) Who can join? You will be able to establish your Rollover Plan if you are: an existing or former member of the Scheme, including a spouse member; or by the discretion of the Trustee and subject to superannuation law requirements, an existing member's spouse. You will be able to establish an Account-Based Pension account if you meet the minimum initial contribution level and one of the following applies: you have retired permanently and reached preservation age (i.e. age 55 for persons born before 1 July 1960, increasing in yearly steps up to age 60 for those born after 30 June 1964) (note if you elect to take a transition to retirement pension benefit at or after attaining your preservation age then you do not have to permanently retire to be paid that pension benefit); your superannuation lump sum payment (SLS) is an unrestricted non-preserved benefit; you have ceased employment with a Scheme employer and are age 60 or over; you are age 65 or over (whether employed or not); or you are totally and permanently incapacitated. Summary of the Plans The Account-Based Pension Plan is for existing or former Scheme members and spouses of Scheme members, who have retired, or who want to transition to retirement through a non-commutable transition to retirement pension (see the PDS for details) and who wish to use a SLS payment to produce an income. The account-based pension is subject to a minimum limit, while the transition to retirement pension is subject to a minimum and maximum amount. These limits are prescribed by legislation. Payments continue as long as there are funds in your account. Warning: This product may not provide a pension for the rest of your life. The Rollover Plan is for existing or former Scheme members and spouses of Scheme members who wish to invest an SLS or other monies in the tax-effective superannuation environment. Warning: Due to superannuation laws and depending on your circumstances, you may not be able to make cash withdrawals from the Rollover Plan whenever you wish. The Plans do not provide any death or disablement insurance cover. The Scheme is governed by a Trust Deed. When you join the Scheme you agree to be bound by the Trust Deed.