JPMorgan Chase ceases to be substantial holder in IDP Education

JPMorgan Chase & Co. and its affiliates, including JPMorgan Securities Australia Limited and JPMorgan Asset Management (UK) Limited, ceased to be a substantial holder in IDP Education Ltd on October 7, 2025. The previous notice was given on October 3, 2025. This cessation involves a total of 13,382,469.48 ordinary shares at the end of the relevant period.

The changes in relevant interests included various transactions between October 2, 2025, and October 7, 2025. JPMorgan Chase Bank, N.A. engaged in significant securities lending activities, returning substantial borrowed quantities while also engaging in new borrowing. J.P. Morgan Securities Australia Limited undertook numerous buy and sell transactions, with notable movements including a sale of 74,568 ordinary shares for AUD 486,183.36 and a purchase of 30,174 ordinary shares for AUD 196,725.82 on October 2, 2025.

JPMorgan Asset Management (UK) Limited sold 9,410 ordinary shares for AUD 61,272.27 on October 3, 2025, and J.P. Morgan Investment Management Inc. received 7,494.48 ordinary shares as collateral on October 7, 2025. The various securities lending agreements stipulate that the borrower typically undertakes to arrange for voting rights to be exercised according to the lender's instructions, with recall and early return options available to both parties.