First Sentier group becomes substantial shareholder in Corporate Travel Management

First Sentier group and its related bodies corporate became a substantial holder in Corporate Travel Management Ltd (ACN 131 207 611) on August 22, 2025. The group now holds a total voting power of 5.42%, representing 7,928,264 fully paid ordinary shares.

The relevant interest includes 4,922,987 shares held directly by First Sentier group and its subsidiaries, with an additional 3,005,277 shares held by Mitsubishi UFJ Financial Group, Inc., First Sentier group's ultimate parent. First Sentier Investors RQI Pty Ltd holds a relevant interest in 406,465 shares, while First Sentier Investors (Australia) IM Ltd holds a relevant interest in 4,541,866 shares.

Key acquisitions contributing to this stake include shares purchased by First Sentier Investors RQI Pty Ltd for amounts such as AUD 489,659.42 on April 29, 2025, and AUD 262,153.33 on June 19, 2025. First Sentier Investors (Australia) IM Ltd made multiple acquisitions, including shares for AUD 1,239,322.88 on July 15, 2025, and AUD 630,655.38 on June 13, 2025, demonstrating active portfolio adjustments leading to their substantial holder status.