FMR LLC becomes substantial holder in Inghams Group; executive performance rights lapse

FMR LLC and its affiliated entities have become a substantial holder in Inghams Group Limited as of September 26, 2025, acquiring a 5.03% voting power through 18,711,189 common shares. The investment firm's acquisitions over the past four months involved various transactions, with prices ranging from AUD 2.5333 to AUD 3.8458.

Simultaneously, Inghams Group Limited announced the cessation of 560,845 performance rights on September 29, 2025. These unquoted equity securities lapsed because conditional performance hurdles, tied to Absolute TSR over three years, were not met. The ceased rights included 193,830 for cfo Gary Mallett and 367,015 for former ceo/md Andrew Reeves.

Following these changes, Inghams Group Limited's issued capital now comprises 371,679,601 ordinary fully paid shares, 269,332 share rights, and 3,619,410 performance rights.