AustralianSuper reduces stake in Orica Limited

AustralianSuper Pty Ltd has announced a reduction in its substantial holding in Orica Limited. The notice, dated September 26, 2025, indicates that AustralianSuper's voting power in Orica has decreased from 11.73% (55,580,672 votes) to 10.49% (49,703,602 votes). This change occurred on September 24, 2025.

The changes in relevant interests since the last notice primarily involve a series of "SELL" transactions conducted by JPMorgan Nominees Australia Ltd on behalf of AustralianSuper Pty Ltd. These transactions, detailed from June 2025 to September 2025, show a consistent divestment of Orica shares.

For example, on September 5, 2025, multiple sell transactions were recorded, including 1,090,924, 559,990, and 730,030 ordinary shares. Similarly, significant sales of 1,676,095 and 459,420 shares occurred on September 16, 2025. The cumulative effect of these sales has led to the notable decrease in AustralianSuper's voting power.