Mitsubishi UFJ Financial Group becomes substantial holder in Beach Energy

Mitsubishi UFJ Financial Group Inc. and its related bodies corporate, including First Sentier Group Limited and its subsidiaries, became a substantial holder in Beach Energy Ltd on December 11, 2025. The group's total voting power in Beach Energy Ltd stands at 5.22%, encompassing 119,042,416 fully paid ordinary shares. First Sentier Group Limited and its subsidiaries hold voting power over 64,259,284 shares, while Mitsubishi UFJ Financial Group, Inc. directly holds voting power over 54,783,132 shares, effective from the same date.

The relevant interest for First Sentier Investors RQI Pty Ltd includes 45,541,311 fully paid ordinary shares, and First Sentier Investors (Australia) IM Ltd holds 24,498,881 fully paid ordinary shares. Mitsubishi UFJ Financial Group's direct relevant interest accounts for 54,783,132 fully paid ordinary shares. The acquisitions leading to this substantial holding were made through cash transactions in August, September, October, and November 2025.

The acquisitions were executed by various entities within the Mitsubishi UFJ Financial Group, including several First Sentier Investor entities, across multiple dates in 2025. These transactions involve both direct purchases and securities lending agreements with various counterparties, including BNP Paribas Securities, Citigroup Global Markets Inc., Citibank N.A. Hong Kong, JP Morgan Chase, Northern Trust Singapore, and State Street Global Services.