Carbon Fund acquires CO2 units, updates net tangible assets

On September 19, 2025, Carbon Fund, managed by Salt Investment Funds Limited, acquired 4,946 CO2 units at an acquisition price of 1.4185 NZD per unit, totaling NZD 7,015.90. These units, representing 0.0187% of total units on issue, were acquired as fully paid treasury stock. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 26,388,092.

The Carbon Fund's objective is to provide investors with exposure to the price of carbon credits, primarily through the NZ Emissions Trading Scheme. As of September 18, 2025, the fund's net tangible assets (NTA) were 1.6955 NZD, with 26,388,092 units on issue. Salt Funds Management, an award-winning firm with approximately NZD 2 billion under management, focuses on managing listed equity and property portfolios.

For additional details, the Product Disclosure Statement is available on www.carbonfund.co.nz. Salt Investment Funds Limited, a wholly-owned subsidiary of Salt Funds Management Limited, manages the Carbon Fund.