SPH Notice – UBS Group AG and its related bodies corporate

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To: NZX Limited
and
To: NZME Limited
Date this disclosure made: 17 April 2023
Date last disclosure made: 22 March 2023
Date on which substantial holding ceased: 13 April 2023

Substantial product holder(s) giving disclosure
Full name(s): UBS Group AG and its related bodies corporate

Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for: UBS Group AG and its related bodies corporate
For last disclosure, —
(a) total number held in class: 13,940,158 shares
(b) total in class: 183,913,614 shares
(c) total percentage held in class: 7.58%

For current holding after ceasing to have substantial holding, —
(a) total number held in class: 7,950,951 shares
(b) total in class: 183,913,614 shares
(c) total percentage held in class: 4.32%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: Please see Appendix A .
Additional information
Address(es) of substantial product holder(s):

Name Addresses
UBS AG London Branch 5 Broadgate, London, United Kingdom
UBS Securities Australia Ltd Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Securities LLC Corporation Service Company 251 Little Falls Drive, Wilmington,
Delaware, USA

Contact details: Andrew Costley
Tel: +852 3712 3707
Email: andrew.costley@ubs.com

Nature of connection between substantial product holders:
UBS AG London Branch : Related body corporate
UBS Securities Australia Ltd: Related body corporate
UBS Securities LLC: Related body corporate

Name of any other person believed to have given, or believed to be required to give, a disclosure
under the Financial Markets Conduct Act 2013 in relation to the financial products to which this
disclosure relates: Not applicable

Certification
We certify that, to the best of our knowledge and belief, the information contained in this disclosure
is correct and that we are duly authorised to make this disclosure by all persons for whom it is made.

SIGNATURE

Print Name:


Andrew Costley

Capacity:

Authorised signatory

Sign Here:



Date:

17 April 2023

Print Name:


Florian Naef

Capacity:

Authorised signatory

Sign Here:




Date:

17 April 2023

NZM - Appendix A
Date of
change
Person whose relevant interest changed
Nature of Change
Consideration given in
relation to change
Number of securities
Class
21-Mar-23
UBS Securities Australia Ltd
Buy
3,408
3,425

Ordinary
21-Mar-23
UBS Securities Australia Ltd
Sell
438
(437)

Ordinary
21-Mar-23
UBS Securities Australia Ltd
Sell
614
(600)

Ordinary
21-Mar-23
UBS Securities Australia Ltd
Buy
1,520
1,501

Ordinary
21-Mar-23
UBS Securities Australia Ltd
Buy
739
750

Ordinary
21-Mar-23
UBS Securities Australia Ltd
Buy
1,806
1,800

Ordinary
21-Mar-23
UBS Securities Australia Ltd
Sell
2,319
(2,327)

Ordinary
21-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(750)

Swaps
21-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(1,800)

Swaps
21-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
2,327

Swaps
22-Mar-23
UBS Securities Australia Ltd
Sell
1,228
(1,200)

Ordinary
22-Mar-23
UBS Securities Australia Ltd
Buy
372
360

Ordinary
22-Mar-23
UBS Securities Australia Ltd
Sell
884
(850)

Ordinary
22-Mar-23
UBS Securities Australia Ltd
Sell
649
(632)

Ordinary
22-Mar-23
UBS Securities Australia Ltd
Buy
7,569
7,508

Ordinary
22-Mar-23
UBS Securities Australia Ltd
Sell
7,514
(7,264)

Ordinary
22-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
632

Swaps
22-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
7,264

Swaps
22-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(7,508)

Swaps
23-Mar-23
UBS Securities Australia Ltd
Sell
122
(118)

Ordinary
23-Mar-23
UBS Securities Australia Ltd
Sell
3
(3)

Ordinary
23-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
118

Swaps
23-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
3
Swaps
24-Mar-23
UBS Securities Australia Ltd
Buy
251
244

Ordinary
24-Mar-23
UBS Securities Australia Ltd
Sell
822
(803)

Ordinary
24-Mar-23
UBS Securities Australia Ltd
Sell
1,448
(1,400)

Ordinary
24-Mar-23
UBS Securities Australia Ltd
Buy
18,935
18,307

Ordinary
24-Mar-23
UBS Securities Australia Ltd
Sell
7,582
(7,407)

Ordinary
24-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(18,307)

Swaps
24-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
7,407

Swaps
28-Mar-23
UBS Securities Australia Ltd
Sell
14,113,736
(13,860,690)

Ordinary
28-Mar-23
UBS Securities LLC
Right of rehypothecation
N/A
13,860,690

Ordinary
30-Mar-23
UBS Securities Australia Ltd
Sell
350
(330)

Ordinary
30-Mar-23
UBS Securities Australia Ltd
Buy
214
207

Ordinary
30-Mar-23
UBS Securities Australia Ltd
Buy
3,791
3,590

Ordinary
30-Mar-23
UBS Securities Australia Ltd
Sell
427
(400)

Ordinary
30-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(3,590)

Swaps
30-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
400

Swaps
31-Mar-23
UBS Securities Australia Ltd
Buy
1,358
1,249

Ordinary
31-Mar-23
UBS Securities Australia Ltd
Buy
546
500

Ordinary
31-Mar-23
UBS Securities Australia Ltd
Sell
547
(500)

Ordinary
31-Mar-23
UBS Securities Australia Ltd
Sell
13,908
(12,720)

Ordinary
31-Mar-23
UBS Securities LLC
Right of rehypothecation
N/A
8,057

Ordinary
31-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(500)

Swaps
31-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
500

Swaps
31-Mar-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
12,720

Swaps
05-Apr-23
UBS Securities Australia Ltd
Buy
1,505
1,390

Ordinary
05-Apr-23
UBS Securities Australia Ltd
Buy
497
461

Ordinary
05-Apr-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(461)

Swaps
11-Apr-23
UBS Securities Australia Ltd
Sell
408
(390)

Ordinary
11-Apr-23
UBS Securities Australia Ltd
Buy
418
400

Ordinary
11-Apr-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(400)

Swaps
12-Apr-23
UBS Securities Australia Ltd
Buy
379
370

Ordinary
13-Apr-23
UBS Securities Australia Ltd
Sell
533
(500)

Ordinary
13-Apr-23
UBS Securities Australia Ltd
Buy
4,688
4,549

Ordinary
13-Apr-23
UBS Securities Australia Ltd
Sell
5,404
(5,047)

Ordinary
13-Apr-23
UBS Securities LLC
Right of rehypothecation
N/A
(6,000,000)

Ordinary
13-Apr-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
500

Swaps
13-Apr-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
5,047

Swaps
13-Apr-23
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(4,549)

Swaps