Macquarie Group ceases substantial holding in Perpetual Limited

Macquarie Group Limited and its controlled bodies corporate, including Macquarie Bank Limited, Macquarie Investment Management Global Limited, and Macquarie Investment Services Limited, ceased to be a substantial holder in Perpetual Limited on August 27, 2025. The previous notice was given on August 29, 2025, and dated August 26, 2025.

The changes in relevant interests include various on-market purchases and sales, as well as borrow deliveries and returns. For example, on August 27, 2025, Macquarie Investment Services Limited engaged in on-market purchases totaling 326 FPO shares (AUD 21.85 per security) and a transfer out of 163 FPO shares (AUD 0.00). Macquarie Bank Limited executed stock purchases, with prices ranging from AUD 22.14 to AUD 22.15 per security, and stock sales between AUD 22.1 and AUD 22.195. Additionally, Macquarie Bank Limited had significant borrow deliveries of 11,773 and 16,373 FPO shares (AUD 0.00) and a collateral receive return of 228,341 FPO shares (AUD 0.00).

All rights and title in the securities passed to the transferee/borrower, who maintained the discretion to vote. The Securities Lending Agreement permitted both the borrower and the lender to return or recall securities early with notice.