State Street becomes substantial holder in Austal

State Street Corporation and its controlled entities became a substantial holder in Austal Limited on December 19, 2025. This move gives them a total voting power of 5.06% in the company, stemming from a relevant interest in 21,343,353 ordinary shares.

The aggregated voting power is distributed among various State Street entities. State Street Global Advisors, Australia, Limited holds direct voting power over 178,514 shares. State Street Bank and Trust Company, acting as a lender, holds a relevant interest in 3,651,936 shares. Other significant holdings include State Street Global Advisors Trust Company with 2,387,911 shares, SSGA Funds Management, Inc. with 260,365 shares, and State Street Global Advisors Limited with 19,802 shares. State Street Global Advisors Europe Limited controls 14,844,825 shares.

The holdings comprise both direct voting rights and beneficial interests through securities lending agreements. For instance, State Street Bank and Trust Company, through lending securities, acquired relevant interests in various tranches, with notable transactions on August 20, 2025 (e.g., -1,291 Ordinary and -5,385 Ordinary shares) and August 21, 2025 (e.g., 4,390 Ordinary shares). These acquisitions and disposals reflect the dynamic nature of their investment activities leading up to becoming a substantial holder.