Carbon fund reports NTA, acquires Treasury stock in CO2 units

** Carbon Fund (NZX:CO2) announced its Units on Issue as 31,090,114.00 as of April 29, 2025, with a net tangible asset (NTA) value of 1.5868. In a related announcement, Salt Investment Funds Limited, the manager of the Carbon Fund, disclosed the acquisition of 148,776 CO2 units as treasury stock for NZD 211,261.92, representing 0.4785% of the total units on issue. The acquisition, executed on April 29, 2025, at a price of 1.4200 per unit, was made in cash pursuant to the Master Trust Deed. The acquired units will be held as treasury stock, leaving 31,090,114.00 units in existence after the acquisition. Carbon Fund aims to provide investors with exposure to carbon credit prices through investments in emissions trading schemes in New Zealand and abroad.