Carbon Fund acquires CO2 units for treasury stock

On September 8, 2025, the Carbon Fund acquired 34,564 CO2 units at an acquisition price of 1.3907, totaling NZ$48,068.15. These units, representing 0.1303% of total units on issue, were acquired as fully paid treasury stock pursuant to its Master Trust Deed. Following this transaction, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 26,528,265.

The acquisition reinforces the Fund's aim to provide investors with total return exposure to the price of carbon credits through buying and holding carbon credits in the NZ Emissions Trading Scheme and offshore. The Carbon Fund, managed by Salt Investment Funds Limited, reported its Net Tangible Assets (NTA) at 1.6892 as of September 8, 2025.

Salt Funds Management, an award-winning firm with approximately NZ$2 billion in funds under management, specializes in managing New Zealand and Australian listed equity and property portfolios. More information about the Carbon Fund's Product Disclosure Statement is available on www.carbonfund.co.nz.