Carbon Fund acquires CO2 units for treasury stock

The Carbon Fund announced an acquisition of 4,149 CO2 units on November 24, 2025, for NZD 5,393.70, at an acquisition price of NZD 1.3000 per unit. These fully paid units, representing 0.0176% of total units on issue, will be held as treasury stock. Following this transaction, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 23,514,878.

Concurrently, Salt Investment Funds Limited, the manager of the Carbon Fund, reported the Net Tangible Assets for the Carbon Fund as at November 24, 2025, at 1.4664. The Fund’s objective is to provide investors with exposure to the price of carbon credits by purchasing and holding carbon credits in the NZ Emissions Trading Scheme.

Salt Funds Management specializes in managing Trans Tasman and global listed equity and property portfolios. The Product Disclosure Statement for the Carbon Fund is available on www.carbonfund.co.nz.