Citigroup becomes substantial holder in IDP Education

Citigroup Global Markets Australia Pty Limited and its related global entities became a substantial holder in IDP Education Ltd (IEL) on December 2, 2025. The group's total voting power stands at 5.3007%, representing 14,753,717 ordinary fully paid shares.

The relevant interests are distributed among several Citigroup entities. Citibank, N.A. Sydney Branch holds 4,119,288 shares, Citigroup Global Markets Australia Pty Limited holds 5,949,446 shares, Citigroup Global Markets Inc holds 916,431 shares, and Citigroup Global Markets Limited holds 3,768,552 shares. These holdings largely stem from securities lending agreements and contracts entered in the ordinary course of business on a stock market.

The registered holders for these securities include Citibank, N.A. Sydney Branch and Citicorp Nominees Pty Limited for the shares held by Citigroup Global Markets Australia Pty Limited, Citigroup Global Markets Inc, and Citigroup Global Markets Limited. The acquisition of these interests occurred within the four months prior to the December 2, 2025 date.