Macquarie Group becomes substantial holder in Monadelphous

Macquarie Group Limited and its controlled entities declared an initial substantial holding in Monadelphous Group Limited as of November 17, 2025. The group's total voting power in Monadelphous is 5.12%, corresponding to 5,117,637 ordinary fully paid shares.

Macquarie Bank Limited holds a direct relevant interest, primarily through stock purchases and sales, including a transaction on August 15, 2025, involving a collateral receive for 310,000 fully paid ordinary shares. Macquarie Investment Management Australia Limited and Macquarie Investment Management Global Limited also hold significant interests through on-market purchases, reflecting their investment management activities.

Voting rights for securities held under stock borrowing and lending activities generally pass to the transferee or borrower, with provisions for the transferor or lender to instruct on voting in certain circumstances. The securities are scheduled for redelivery upon settlement.