State Street exits substantial holding in Temple & Webster

State Street Corporation and its subsidiaries ceased to be a substantial holder in Temple & Webster Group Ltd on November 21, 2025. This change involved various collateral received and transferred, with State Street Global Advisors, Australia, Limited and SSGA Funds Management, Inc. also reporting transfers in relevant interests.

Concurrently, Temple & Webster Group Ltd announced the issuance of 98,718 performance rights (ASX code: TPWAA) on November 20, 2025, under an employee incentive scheme. These rights are not intended for ASX quotation and vest subject to service and performance conditions.

Key management personnel, Cameron Barnsley and Adam McWhinney, received 16,202 and 12,588 performance rights, respectively. Following this issuance, the total unquoted securities include 49,273 restricted rights, 7,400,000 options, and 742,044 performance rights, while quoted ordinary fully paid shares remain at 120,274,809.