AustralianSuper pares Bapcor stake, reducing voting power to 15.01%

AustralianSuper announced a change in its substantial holding in Bapcor Limited. As of October 23, 2025, AustralianSuper's voting power in Bapcor decreased from 16.01% to 15.01%. This change reflects a reduction of 3,399,807 ordinary votes.

The change in relevant interests involved a series of buy and sell transactions executed by JPMorgan Nominees Australia Ltd between July 25, 2025, and October 23, 2025. Noteworthy transactions include a large sell of 3,500,000 ordinary shares on October 20, 2025, at AUD 2.66, and a sell of 141,884 ordinary shares on October 23, 2025, at AUD 2.55. These sales were offset by various buy transactions throughout the period.

The net effect of these transactions is a decrease in AustralianSuper's overall exposure to Bapcor Limited. The registered holder of the securities remains JPMorgan Nominees Australia Ltd, with AustralianSuper Pty Ltd as the beneficial shareholder. The notice was signed by Amar Rashid, principal, portfolio compliance fund services, on October 27, 2025.