Perpetual Limited increases stake in Cobram Estate Olives

Perpetual Limited and its related bodies corporate have reported a substantial change in their relevant interest in Cobram Estate Olives Limited (CBO). As of September 15, 2025, Perpetual's voting power in CBO increased to 10.31%, up from 7.85% previously reported on June 27, 2025. This change represents an increase of 15,926,113 votes, bringing their total votes to 48,825,491.

The increase in voting power primarily stemmed from numerous purchase transactions executed on September 15, 2025. These acquisitions involved several custodians, including HSBC Custody Nominees (Australia) Limited, UBS Nominees Pty Ltd, National Nominees Pty Ltd, Citicorp Nominees Pty Ltd, and JPMorgan Nominees Australia Limited.

The disclosed transactions indicate significant purchasing activity by Perpetual’s entities. For instance, HSBC Custody Nominees (Australia) Limited recorded purchases totaling over A$9.3 million, contributing to a substantial portion of the increased holding.