State Street reduces stake in Boss Energy, voting power declines to 13.26%

State Street Corporation and its subsidiaries have reported a change in their substantial holding in Boss Energy Ltd, with their voting power decreasing from 15.64% to 13.26%. This change occurred on December 18, 2025, with the previous notice issued on October 31, 2025. The total number of votes held by State Street Corporation decreased from 64,881,604 to 55,017,141 ordinary shares.

The reduction in voting power primarily stems from various lending activities and collateral movements involving State Street Bank and Trust Company. These activities include both lending out securities ("Lend - for stock lend") and borrowing securities ("Borrow - for stock borrows"), alongside collateral received and returned across numerous transactions between October 30, 2025, and December 18, 2025.

Key transactions contributing to this change include large 'Lend for stock lend' outflows, such as -3,465,986 and -738,317 ordinary shares, and significant 'Collateral received' inflows and outflows. Several State Street entities, including State Street Global Advisors, Australia, Limited and SSGA Funds Management, Inc., were involved in transfers in and out of Boss Energy Ltd shares during this period.