First Sentier group becomes substantial shareholder in ARB Corporation

First Sentier Group Limited and its related bodies corporate have become a substantial holder in ARB Corporation Ltd, acquiring a 5.05% voting interest as of November 24, 2025. This interest comprises 4,212,102 fully paid ordinary shares. Of these, 3,629,184 shares represent voting power held directly by First Sentier Group Limited and its subsidiaries, while 582,918 shares are attributed to Mitsubishi UFJ Financial Group, Inc., First Sentier's ultimate parent.

The relevant interest is primarily held by First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd, acting as investment managers with power to control voting and disposal of securities. The acquisition involved numerous cash transactions for various parcels of shares. Some shares were also borrowed from Citigroup Global Markets Limited under a Prime Brokerage Agreement.

Mitsubishi UFJ Financial Group Inc., as the 100% owner of First Sentier Group Limited, holds an indirect relevant interest in the shares, fulfilling its obligations under Australian Corporations Act. The transaction dates for acquiring these interests span from late July to mid-November 2025.