State Street ceases to be a substantial holder in Austal Limited

State Street Corporation, alongside its subsidiaries including State Street Bank and Trust Company, State Street Global Advisors Europe Limited, and others, officially ceased to be a substantial holder in Austal Limited as of December 12, 2025. This follows a previous notification on December 15, 2025, with the last substantial holding notice dated December 11, 2025.

The cessation involved numerous collateral transactions, primarily "Collateral received" by State Street Bank and Trust Company, with negative adjustments to Ordinary shares. For instance, large movements included -748,587, -306,698, -155,962, -186,173, and -546,803 Ordinary shares. A notable exception was a "Transfer in" of 2,061 Ordinary shares by State Street Global Advisors, Australia, Limited for AUD 6.23.

These changes indicate a significant divestment or unwinding of positions held by State Street and its associated entities in Austal Limited. The nature of these changes primarily involved collateral movements, reflecting adjustments in security lending agreements rather than direct equity sales.