Macquarie Group becomes substantial holder in Perpetual Limited

Macquarie Group Limited and its controlled bodies corporate became a substantial holder in Perpetual Limited on September 16, 2025. The group now holds a total voting power of 5.17% in Perpetual Limited, representing 5,933,447 ordinary shares (FPO).

The relevant interests are spread across several Macquarie entities, including Macquarie Bank Limited (MBL), Macquarie Investment Management Australia Limited (MIMAL), Macquarie Investment Management Global Limited (MIMGL), Macquarie Investment Management Limited (MIML), and Macquarie Investment Services Limited (MISL). These entities hold direct and indirect powers to control voting rights or disposal of securities. For instance, MBL controls 3,618,869 FPO shares directly and an additional 95,460 options, as well as 451,757 FPO shares related to stock borrowing and lending.

Other significant holdings include MIMGL with 1,247,641 FPO shares and MIMAL with 260,891 FPO shares. The acquisitions leading to this substantial holding involved various on-market purchases and transfers, with consideration for FPO shares primarily around AUD 19.36 to AUD 19.48 during September 2025.