Macquarie Group ceases to be a substantial holder in Perpetual

Macquarie Group Limited, including its controlled bodies corporate (Macquarie Group Entities), ceased to be a substantial holder in Perpetual Limited as of September 15, 2025. The previous notice regarding this holding was given on September 12, 2025, and dated September 9, 2025.

The changes in relevant interests include various stock sales and purchases by Macquarie Bank Limited (MBL) and Macquarie Investment Services Limited (MISL) between September 10 and September 15, 2025. MBL's transactions involved sales at prices around AUD 19.25 to AUD 20.51 and purchases near AUD 19.68, alongside significant borrow returns. For instance, on September 15, 2025, MBL returned 31,900, 19,854, and 7,668 FPO securities through borrow returns.

MISL also engaged in market purchases and client account transfers. The changes in relevant interests also include a collateral receive and collateral receive return of 12,223 FPO securities by MBL on September 11, 2025. Macquarie Investment Management Limited (MIML) reported on-market sales around AUD 19.43 to AUD 19.62 on September 11, 2025.