Macquarie Group becomes substantial holder in GrainCorp

Macquarie Group Limited, along with its controlled bodies corporate, became a substantial holder in GrainCorp Limited on October 3, 2025. The total voting power held by Macquarie Group Entities amounts to 5.13%, representing 11,400,201 ordinary shares.

Key relevant interests include Macquarie Bank Limited controlling 223,072 securities and holding disposal power over 5,182,570 shares through stock borrowing and lending activities. Macquarie Investment Management Global Limited holds the power to control voting and disposal rights over 4,547,111 securities in its capacity as an investment manager. Macquarie Investment Management Australia Limited holds control over 1,248,194 securities as a trustee. Macquarie Investment Management Limited, as trustee for APRA-regulated superannuation funds and operator of investor-directed portfolio services, controls 199,254 securities.

The acquisition of this substantial holding involved numerous on-market purchases and stock lending activities, with various transactions occurring throughout June, July, and August 2025. Prices for these transactions ranged from AUD 7.35 to AUD 9.06 per security.