Ceasing to be a substantial holder

1
Form 605
Corporations Act 2001
Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme DOWNER EDI LIMITED

ACN/ARSN
003 872 848

1. Details of substantial holder (1)

Name Morgan Stanley and its subsidiaries listed in Annexure A
ACN/ARSN (if applicable) Not Applicable

The holder ceased to be a

substantial holder on November 01, 2023
The previous notice was given to the company on November 02, 2023
The previous notice was dated October 31, 2023
The holder became aware on November 03, 2023



2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or
scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:



Date of change Person whose relevant interest changed
Nature of
change (4)
Consideration given in
relation to change (5)
Class (6) and number of
Securities affected
Person’s
votes
affected
11/01/2023 Morgan Stanley Australia Securities Limited Buy 772.85 205 Ordinary Shares 205
11/01/2023 Morgan Stanley Australia Securities Limited Buy 96.00 25 Ordinary Shares 25
11/01/2023 Morgan Stanley Australia Securities Limited Buy 72.58 19 Ordinary Shares 19
11/01/2023 Morgan Stanley Australia Securities Limited Buy 506.88 132 Ordinary Shares 132
11/01/2023 Morgan Stanley Australia Securities Limited Buy 4,433.94 1,173 Ordinary Shares 1,173
11/01/2023 Morgan Stanley Australia Securities Limited Buy 260,704.31 67,707 Ordinary Shares 67,707
11/01/2023 Morgan Stanley Australia Securities Limited Buy 1,439.90 374 Ordinary Shares 374
11/01/2023 Morgan Stanley Australia Securities Limited Buy 424.60 110 Ordinary Shares 110
11/01/2023 Morgan Stanley Australia Securities Limited Buy 42.35 11 Ordinary Shares 11
11/01/2023 Morgan Stanley Australia Securities Limited Buy 366.66 97 Ordinary Shares 97
11/01/2023 Morgan Stanley Australia Securities Limited Buy 7,723.86 2,001 Ordinary Shares 2,001
11/01/2023 Morgan Stanley Australia Securities Limited Buy 15.10 4 Ordinary Shares 4
11/01/2023 Morgan Stanley Australia Securities Limited Buy 683.52 178 Ordinary Shares 178
11/01/2023 Morgan Stanley Australia Securities Limited Buy 30.40 8 Ordinary Shares 8
11/01/2023 Morgan Stanley Australia Securities Limited Buy 2,880.40 758 Ordinary Shares 758
11/01/2023 Morgan Stanley Australia Securities Limited Buy 826.77 217 Ordinary Shares 217
11/01/2023 Morgan Stanley Australia Securities Limited Buy 900.60 237 Ordinary Shares 237
11/01/2023 Morgan Stanley Australia Securities Limited Buy 2,427.94 629 Ordinary Shares 629
11/01/2023 Morgan Stanley Australia Securities Limited Buy 123.04 32 Ordinary Shares 32
11/01/2023 Morgan Stanley & Co. International plc Buy 2,260.91 587 Ordinary Shares 587
11/01/2023 Morgan Stanley Australia Securities Limited Buy 5,934.60 1,570 Ordinary Shares 1,570
11/01/2023 Morgan Stanley Australia Securities Limited Buy 1,269.20 334 Ordinary Shares 334
11/01/2023 Morgan Stanley Australia Securities Limited Buy 292.60 77 Ordinary Shares 77
11/01/2023 Morgan Stanley Australia Securities Limited Buy 274.32 72 Ordinary Shares 72
11/01/2023 Morgan Stanley Australia Securities Limited Buy 2,644.14 694 Ordinary Shares 694

2
11/01/2023 Morgan Stanley Australia Securities Limited Buy 3,112.20 819 Ordinary Shares 819
11/01/2023 Morgan Stanley Australia Securities Limited Buy 18,673.20 4,914 Ordinary Shares 4,914
11/01/2023 Morgan Stanley Australia Securities Limited Buy 145.16 38 Ordinary Shares 38
11/01/2023 Morgan Stanley Australia Securities Limited Buy 337.92 88 Ordinary Shares 88
11/01/2023 Morgan Stanley Australia Securities Limited Buy 219.74 57 Ordinary Shares 57
11/01/2023 Morgan Stanley Australia Securities Limited Buy 2,551.09 674 Ordinary Shares 674
11/01/2023 Morgan Stanley Australia Securities Limited Buy 779.72 202 Ordinary Shares 202
11/01/2023 Morgan Stanley Australia Securities Limited Buy 4,473.22 1,171 Ordinary Shares 1,171
11/01/2023 Morgan Stanley Australia Securities Limited Buy 775.46 203 Ordinary Shares 203
11/01/2023 Morgan Stanley & Co. International plc Buy 994.16 262 Ordinary Shares 262
11/01/2023 Morgan Stanley Australia Securities Limited Buy 127.22 33 Ordinary Shares 33
11/01/2023 Morgan Stanley Australia Securities Limited Buy 2,914.65 765 Ordinary Shares 765
11/01/2023 Morgan Stanley Australia Securities Limited Buy 1,572.85 415 Ordinary Shares 415
11/01/2023 Morgan Stanley Australia Securities Limited Buy 869.82 228 Ordinary Shares 228
11/01/2023 Morgan Stanley Australia Securities Limited Buy 481.25 125 Ordinary Shares 125
11/01/2023 Morgan Stanley Australia Securities Limited Buy 1,763.30 458 Ordinary Shares 458
11/01/2023 Morgan Stanley Australia Securities Limited Buy 1,455.22 377 Ordinary Shares 377
11/01/2023 Morgan Stanley Australia Securities Limited Buy 2,281.58 602 Ordinary Shares 602
11/01/2023 Morgan Stanley Australia Securities Limited Buy 3,390.90 890 Ordinary Shares 890
11/01/2023 Morgan Stanley Australia Securities Limited Buy 6,465.50 1,675 Ordinary Shares 1,675
11/01/2023 Morgan Stanley Australia Securities Limited Buy 848.64 221 Ordinary Shares 221
11/01/2023 Morgan Stanley Australia Securities Limited Buy 215.04 56 Ordinary Shares 56
11/01/2023 Morgan Stanley Australia Securities Limited Buy 4,433.52 1,176 Ordinary Shares 1,176
11/01/2023 Morgan Stanley Australia Securities Limited Buy 1,623.50 425 Ordinary Shares 425
11/01/2023 Morgan Stanley Australia Securities Limited Buy 695.04 181 Ordinary Shares 181
11/01/2023 Morgan Stanley Australia Securities Limited Buy 395.01 103 Ordinary Shares 103
11/01/2023 Morgan Stanley Australia Securities Limited Buy 3,937.20 1,020 Ordinary Shares 1,020
11/01/2023 Morgan Stanley Australia Securities Limited Buy 279.96 73 Ordinary Shares 73
11/01/2023 Morgan Stanley Australia Securities Limited Buy 924.44 242 Ordinary Shares 242
11/01/2023 Morgan Stanley Australia Securities Limited Buy 372.40 98 Ordinary Shares 98
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,550.78 418 Ordinary Shares 418
11/01/2023 Morgan Stanley Australia Securities Limited Sell 38,947.95 10,555 Ordinary Shares 10,555
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,714.92 461 Ordinary Shares 461
11/01/2023 Morgan Stanley Australia Securities Limited Sell 151.91 41 Ordinary Shares 41
11/01/2023 Morgan Stanley Australia Securities Limited Sell 89.04 24 Ordinary Shares 24
11/01/2023 Morgan Stanley Australia Securities Limited Sell 981.83 265 Ordinary Shares 265
11/01/2023 Morgan Stanley Australia Securities Limited Sell 932.47 251 Ordinary Shares 251
11/01/2023 Morgan Stanley Australia Securities Limited Sell 13,553.10 3,663 Ordinary Shares 3,663
11/01/2023 Morgan Stanley Australia Securities Limited Sell 48.23 13 Ordinary Shares 13
11/01/2023 Morgan Stanley Australia Securities Limited Sell 93.00 25 Ordinary Shares 25
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,198.80 324 Ordinary Shares 324
11/01/2023 Morgan Stanley Australia Securities Limited Sell 683.56 184 Ordinary Shares 184
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,870.83 507 Ordinary Shares 507
11/01/2023 Morgan Stanley Australia Securities Limited Sell 606.80 164 Ordinary Shares 164
11/01/2023 Morgan Stanley Australia Securities Limited Sell 27,847.26 7,506 Ordinary Shares 7,506
11/01/2023 Morgan Stanley Australia Securities Limited Sell 26,066.46 7,026 Ordinary Shares 7,026
11/01/2023 Morgan Stanley Australia Securities Limited Sell 210.33 57 Ordinary Shares 57
11/01/2023 Morgan Stanley Australia Securities Limited Sell 371.50 100 Ordinary Shares 100
11/01/2023 Morgan Stanley Australia Securities Limited Sell 4,720.17 1,274 Ordinary Shares 1,274

3
11/01/2023 Morgan Stanley Australia Securities Limited Sell 214.60 58 Ordinary Shares 58
11/01/2023 Morgan Stanley Australia Securities Limited Sell 195.57 53 Ordinary Shares 53
11/01/2023 Morgan Stanley Australia Securities Limited Sell 477.30 129 Ordinary Shares 129
11/01/2023 Morgan Stanley Australia Securities Limited Sell 2,216.38 595 Ordinary Shares 595
11/01/2023 Morgan Stanley Australia Securities Limited Sell 44,626.86 12,094 Ordinary Shares 12,094
11/01/2023 Morgan Stanley Australia Securities Limited Sell 10,250.82 2,778 Ordinary Shares 2,778
11/01/2023 Morgan Stanley Australia Securities Limited Sell 2,604.80 704 Ordinary Shares 704
11/01/2023 Morgan Stanley Australia Securities Limited Sell 627.84 169 Ordinary Shares 169
11/01/2023 Morgan Stanley Australia Securities Limited Sell 5,062.68 1,372 Ordinary Shares 1,372
11/01/2023 Morgan Stanley Australia Securities Limited Sell 129.85 35 Ordinary Shares 35
11/01/2023 Morgan Stanley Australia Securities Limited Sell 129.85 35 Ordinary Shares 35
11/01/2023 Morgan Stanley Australia Securities Limited Sell 107.16 29 Ordinary Shares 29
11/01/2023 Morgan Stanley Australia Securities Limited Sell 5,180.00 1,400 Ordinary Shares 1,400
11/01/2023 Morgan Stanley Australia Securities Limited Sell 730.10 196 Ordinary Shares 196
11/01/2023 Morgan Stanley Australia Securities Limited Sell 2,474.94 668 Ordinary Shares 668
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,698.30 459 Ordinary Shares 459
11/01/2023 Morgan Stanley Australia Securities Limited Sell 11.12 3 Ordinary Shares 3
11/01/2023 Morgan Stanley Australia Securities Limited Sell 10,360.00 2,800 Ordinary Shares 2,800
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,619.09 437 Ordinary Shares 437
11/01/2023 Morgan Stanley Australia Securities Limited Sell 402.76 109 Ordinary Shares 109
11/01/2023 Morgan Stanley Australia Securities Limited Sell 428.38 115 Ordinary Shares 115
11/01/2023 Morgan Stanley Australia Securities Limited Sell 204.05 55 Ordinary Shares 55
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,575.68 423 Ordinary Shares 423
11/01/2023 Morgan Stanley Australia Securities Limited Sell 249.24 67 Ordinary Shares 67
11/01/2023 Morgan Stanley Australia Securities Limited Sell 7,204.82 1,942 Ordinary Shares 1,942
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,688.88 454 Ordinary Shares 454
11/01/2023 Morgan Stanley Australia Securities Limited Sell 370.00 100 Ordinary Shares 100
11/01/2023 Morgan Stanley Australia Securities Limited Sell 11,478.74 3,094 Ordinary Shares 3,094
11/01/2023 Morgan Stanley Australia Securities Limited Sell 5,033.16 1,364 Ordinary Shares 1,364
11/01/2023 Morgan Stanley Australia Securities Limited Sell 14,835.36 3,988 Ordinary Shares 3,988
11/01/2023 Morgan Stanley Australia Securities Limited Sell 293.49 79 Ordinary Shares 79
11/01/2023 Morgan Stanley Australia Securities Limited Sell 568.48 152 Ordinary Shares 152
11/01/2023 Morgan Stanley Australia Securities Limited Sell 4,118.10 1,110 Ordinary Shares 1,110
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,694.60 458 Ordinary Shares 458
11/01/2023 Morgan Stanley Australia Securities Limited Sell 148.40 40 Ordinary Shares 40
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,500.17 406 Ordinary Shares 406
11/01/2023 Morgan Stanley Australia Securities Limited Sell 236.16 64 Ordinary Shares 64
11/01/2023 Morgan Stanley Australia Securities Limited Sell 6,189.13 1,675 Ordinary Shares 1,675
11/01/2023 Morgan Stanley Australia Securities Limited Sell 566.96 152 Ordinary Shares 152
11/01/2023 Morgan Stanley Australia Securities Limited Sell 9,833.07 2,654 Ordinary Shares 2,654
11/01/2023 Morgan Stanley Australia Securities Limited Sell 241.15 65 Ordinary Shares 65
11/01/2023 Morgan Stanley Australia Securities Limited Sell 3,710.00 1,000 Ordinary Shares 1,000
11/01/2023 Morgan Stanley Australia Securities Limited Sell 5,944.56 1,598 Ordinary Shares 1,598
11/01/2023
Morgan Stanley Wealth Management Australia
Pty Ltd Sell 307.93 83 Ordinary Shares 83
11/01/2023
Morgan Stanley Wealth Management Australia
Pty Ltd Sell 868.14 234 Ordinary Shares 234
11/01/2023 Morgan Stanley Australia Securities Limited Sell 721.68 194 Ordinary Shares 194
11/01/2023 Morgan Stanley Australia Securities Limited Sell 359.87 97 Ordinary Shares 97
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,606.43 433 Ordinary Shares 433
11/01/2023 Morgan Stanley Australia Securities Limited Sell 166.50 45 Ordinary Shares 45

4
11/01/2023 Morgan Stanley Australia Securities Limited Sell 8,481.60 2,280 Ordinary Shares 2,280
11/01/2023 Morgan Stanley Australia Securities Limited Sell 2,463.05 663 Ordinary Shares 663
11/01/2023 Morgan Stanley Australia Securities Limited Sell 1,701.09 461 Ordinary Shares 461
11/01/2023 Morgan Stanley Australia Securities Limited Sell 25,369.86 6,861 Ordinary Shares 6,861
11/01/2023 Morgan Stanley Australia Securities Limited Sell 14,869.68 4,008 Ordinary Shares 4,008
11/01/2023 Morgan Stanley Australia Securities Limited Sell 28,644.91 7,721 Ordinary Shares 7,721
11/01/2023 Morgan Stanley Australia Securities Limited Sell 2,243.52 608 Ordinary Shares 608
11/01/2023 Morgan Stanley & Co. International plc
Borrow
Returned N/A 159,550 Ordinary Shares 159,550
11/01/2023 Morgan Stanley & Co. International plc
Collateral
Returned N/A 34,835,128 Ordinary Shares 34,835,128
11/01/2023 Morgan Stanley & Co. LLC
Collateral
Returned N/A 207,398 Ordinary Shares 207,398



3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in
relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable) Nature of association
Not Applicable Not Applicable


4. Addresses

The addresses of persons named in this form are as follows:
Name Address
Morgan Stanley 1585 Broadway, New York, New York, 10036, USA.
Morgan Stanley & Co. LLC 1585 Broadway, New York, 10036, USA.
Morgan Stanley & Co. International plc
Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14
4QA, UNITED KINGDOM.

Morgan Stanley Investment Management Inc. 522 5th Avenue, 6th Floor, New York, 10036, USA.
Morgan Stanley Australia Securities Limited Level 39, Chifley Tower, 2 Chifley Square, Sydney, 2000, AUSTRALIA.
Morgan Stanley Wealth Management Australia Pty Ltd Level 39, Chifley Tower, 2 Chifley Square, Sydney, 2000, AUSTRALIA.
Parametric Portfolio Associates LLC 800 Fifth Avenue, Suite 2800, Seattle, 98104, USA.







Signature

print name
Nana Yoshida
capacity
Vice President
sign here

date November 03, 2023

5























Annexure A

List of Morgan Stanley and its subsidiaries that have a relevant interest or deemed to have a relevant interest in the shares or units.


Name
└─┬─Morgan Stanley
├─┬─Morgan Stanley International Holdings Inc.
│ ├─┬─Morgan Stanley International Limited
│ │ └─┬─Morgan Stanley Investments (UK)
│ │ └───Morgan Stanley & Co. International plc
│ └─┬─Morgan Stanley (Australia) Securities Holdings Pty Limited
│ └───Morgan Stanley Australia Securities Limited
└─┬─Morgan Stanley Capital Management, LLC
├─┬─Eaton Vance Acquisitions LLC
│ └───Parametric Portfolio Associates LLC
├───Morgan Stanley & Co. LLC
├───Morgan Stanley Investment Management Inc.
└─┬─Morgan Stanley Domestic Holdings, LLC
└───Morgan Stanley Wealth Management Australia Pty Ltd






Signature

print name
Nana Yoshida
capacity Vice President
sign here
date November 03, 2023

6

7


DIRECTIONS
(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and
trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar,
they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members
is clearly set out in paragraph 4 of the form.
(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(3) See the definition of "associate" in section 9 of the Corporations Act 2001.
(4) Include details of:
(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy
of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract,
scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the
securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
(5) Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired has, or
may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a
contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they
are not paid directly to the person from whom the relevant interest was acquired.
(6) The voting shares of a company constitute one class unless divided into separate classes.
(7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

8
GUIDE
This guide does not form part of the prescribed form
and is included by ASIC to assist you in completing and
lodging form 605.
Signature
This form must be signed by either a director or a secretary of the substantial holder.
Lodging period
Nil
Lodging Fee
Nil
Other forms to be
completed
Nil
Additional information
(a) If additional space is required to complete a question, the information may be included on a separate piece of
paper annexed to the form.

(b) This notice must be given to a listed company, or the responsible entity for a listed managed investment scheme.
A copy of this notice must also be given to each relevant securities exchange.

(c) The person must give a copy of this notice:

(i) within 2 business days after they become aware of the information; or

(ii) by 9.30 am on the next trading day of the relevant securities exchange after they become aware of the
information if:

(A) a takeover bid is made for voting shares in the company or voting interests in the scheme; and

(B) the person becomes aware of the information during the bid period.
Annexures





To make any annexure conform to the regulations, you must
1 use A4 size paper of white or light pastel colour with a margin of at least 10mm on all sides
2 show the corporation name and ACN or ARBN
3 number the pages consecutively
4 print or type in BLOCK letters in dark blue or black ink so that the document is clearly legible when photocopied
5 identify the annexure with a mark such as A, B, C, etc
6 endorse the annexure with the words:
This is annexure (mark) of (number) pages referred to in form (form number and title)
7 sign and date the annexure.
The annexure must be signed by the same person(s) who signed the form.
Information in this guide is intended as a guide only. Please consult your accountant or solicitor for further advice.

9


Annexure B:
This is Annexure B referred to in the Form 605: Notice of ceasing to be a substantial holder issued by Morgan Stanley and
its subsidiaries. The following is description of the securities lending agreements referenced in the accompanying Form
605.

Schedule
Type of Agreement International Prime Brokerage Agreement
Parties to agreement Morgan Stanley & Co. International plc for itself and as agent and
trustee for and on behalf of the other Morgan Stanley Companies
and CHANNEL INVESTMENT MANAGEMENT LIMITED AS
RESPONSIBLE ENTITY FOR CC SAGE CAPITAL ABSOLUTE
RETURN FUND
Transfer Date 20231101;
Holder of Voting Rights Prime broker has the right to vote securities rehypothecated from
the Client.
Are there any restrictions on voting rights? Yes/No
If yes, detail Not applicable
Scheduled Return Date (if any) Open

Does the borrower have the right to return early? Yes/No
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early? Yes/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those
shares by the client.
Will the securities be returned on settlement? Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be
determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other.
The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account
shall be payable.

Schedule
Type of Agreement International Prime Brokerage Agreement
Parties to agreement Morgan Stanley & Co. International plc for itself and as agent and
trustee for and on behalf of the other Morgan Stanley Companies
and L1 LONG SHORT FUND LIMITED
Transfer Date 20231101;
Holder of Voting Rights Prime broker has the right to vote securities rehypothecated from
the Client.
Are there any restrictions on voting rights? Yes/No
If yes, detail Not applicable
Scheduled Return Date (if any) Open

Does the borrower have the right to return early? Yes/No
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early? Yes/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those
shares by the client.
Will the securities be returned on settlement? Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be
determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other.
The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account
shall be payable.

Schedule
Type of Agreement International Prime Brokerage Agreement
Parties to agreement Morgan Stanley & Co. International plc for itself and as agent and
trustee for and on behalf of the other Morgan Stanley Companies
and SAGE CAPITAL ABSOLUTE RETURN MASTER FUND LTD.
Transfer Date 20231031;
Holder of Voting Rights Prime broker has the right to vote securities rehypothecated from
the Client.
Are there any restrictions on voting rights? Yes/No
If yes, detail Not applicable
Scheduled Return Date (if any) Open

Does the borrower have the right to return early? Yes/No
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
Does the lender have the right to recall early? Yes/No

10
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those
shares by the client.
Will the securities be returned on settlement? Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be
determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other.
The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account
shall be payable.

The above schedules are based on the relevant standard agreements. The entity filing the report will, if requested by the
company or responsible entity to whom the prescribed form must be given or ASIC, give a copy of the agreement to the
company, responsible entity or ASIC.






Signature

print name Nana Yoshida capacity Vice President
sign here date November 3, 2023