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SPH Notice - NAOS

Substantial Holder Notice3 June 2024MOVIndustrials

1
Disclosure of movement of 1 % or more in substantial holding

or c hange in n ature of relevant interest, or both

Sections 277 and 278, Financial Markets Conduct Act 2013

To NZX Limited

and

To Move Logistics Group Limited

Relevant event being disclosed: Change in relevant interests

Date of relevant event: 31 May 2024

Date this disclosure made: 3 June 2024

Date last disclosure made: 12 April 2024

Substantial product holder(s) giving disclosure

Full name(s): NAOS Asset Management Limited ACN 1 07 624 126 (which by reference also

includes Sebastian Evans as a substantial holder in his personal capacity as he owns more

than 20% of the voting shares in the company) (‘NAOS’), NAOS Small Cap Opportunities

Company Limited ACN 107 617 381 (‘NSC’) and NAOS Ex-50 Opportunities Company

Limited ACN 169 448 837 ('NAC') (each, a ‘NAOS Substantial Holder’).

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for NAOS Substantial Holders

For this disclosure,—

(a) total number held in class: 22,540,086

(b) total in class: 127,614,019

(c) total percentage held in class: 17.66%

For last disclosure,—

(a) total number held in class: 21,165,258

(b) total in class: 127,614,019

(c) total percentage held in class: 16.59%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: On-market acquisitions of

1,374,828 Ordinary

Shares in MOV for total consideration of $453,225.27 AUD.

2
Details after relevant event

Nature of relevant interest(s): JP Morgan Nominees Australia Limited is the registered

holder of the Ordinary Shares in its capacity as custodian of NSC and NAC. NAOS is the

investment manager of NSC and NAC

. NAOS, NSC and NAC each have a relevant

interest in the Ordinary Shares as each has the power to exercise or control the

exercise of the right to vote and to dispose of the Ordinary Shares.

For tha t relevant interest,—

(a) number held in class: 22,540,086

(b) percentage held in class: 17.66% (NSC:4.23%, NAC:13.43%)

(c) current registered holder(s): JP Morgan Nominees Australia Limited

(d) registered holder(s) once transfers are registered: N/A

For a derivative relevant

interest, also—

(a)type of derivative: N/A

(b)details of derivative: N/A

(c)parties to the derivative: N/A

(d)if the substantial product holder is not a party to the derivative, the nature of the

relevant interest in the derivative: N/A

Additional information

Address(es) of substantial product holder(s): Level 34, 25 Martin Place, Sydney, New

South Wales, 2000, Australia

Contact details: Sebastian Evans, (61 2) 9002 1576, sevans@naos.com.au

Nature of connection between substantial product holders: NAOS is the investment

manager of NSC and NAC.

Nam e of any other person believed to have given, or believed to be required to give, a

disclosure under the Financial Markets Condu ct Act 2013 in relation to the financial

products to whi ch this disclosure relates: N/A

Certification

I, Sebastian Evans, certify that, to the bes t of my knowledge and belief, the information

contained in this disclosure is correct and tha t I am duly authorised to make this disclosure

by all persons for whom it is made.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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