Carbon Fund acquires additional CO2 units for treasury stock

On November 28, 2025, the Carbon Fund disclosed the acquisition of 11,581 CO2 units at an acquisition price of NZD 1.2281 per unit, totaling NZD 14,222.63. These units were acquired as fully paid treasury stock pursuant to the Master Trust Deed, with the transaction dated November 27, 2025. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 23,483,797.

The Carbon Fund, managed by Salt Investment Funds Limited, aims to provide investors with exposure to carbon credit prices by purchasing and holding carbon credits in the NZ Emissions Trading Scheme and other schemes. As of November 26, 2025, the fund reported 23,483,797 units on issue and a net tangible asset value of 1.3788.

Salt Funds Management, an award-winning firm overseeing approximately NZD 2 billion, specializes in managing equity and property portfolios through proprietary research. The Carbon Fund's product disclosure statement is available on www.carbonfund.co.nz.