MUFG significantly cuts stake in Beach Energy Limited

Mitsubishi UFJ Financial Group, Inc. (MUFG) ceased to be a substantial holder in Beach Energy Limited on September 29, 2025. This marks a notable reduction from its previous holding of 6.50% (148,221,532 fully paid ordinary shares) to a current holding of 5.02% (114,569,476 fully paid ordinary shares).

Concurrently, First Sentier Group Limited and its related bodies corporate also ceased to be a substantial holder in Beach Energy Limited on September 29, 2025. This cessation is part of the broader change in holdings related to MUFG's reduced stake, where MUFG holds 100% voting power.

The changes in relevant interests include various on-market purchases and sales of fully paid ordinary shares by entities controlled by Morgan Stanley and First Sentier Group Limited between August 14, 2025, and September 26, 2025. Additionally, several stock borrowing and return activities were reported.