Carbon Fund acquires CO2 units as treasury stock

Carbon Fund (NZX:CO2) announced the acquisition of 13,804 CO2 units as treasury stock. The transaction, executed on September 24, 2025, involved a cash payment of NZD 19,325.60, equating to an acquisition price of 1.400 per unit. These units represent 0.0525% of the total units on issue, bringing the total fully paid ordinary units in existence to 26,286,621.

The acquisition was made pursuant to the Master Trust Deed, aligning with the Fund's aim to provide investors with exposure to carbon credit prices through purchasing and holding credits in emissions trading schemes. The Carbon Fund, managed by Salt Investment Funds Limited, disclosed its net tangible assets (NTA) per unit as 1.6721 as of September 24, 2025.

Salt Funds Management, with approximately NZD 2 billion in funds under management, emphasizes an active investment philosophy. The Product Disclosure Statement for the Carbon Fund is available on www.carbonfund.co.nz.