Amended SPH Notice - Salt Funds Management

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Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Ltd
and
To Tower Limited
Date this disclosure made: 23 October 2024
Date last disclosure made: 18 October 2024
Date on which substantial holding ceased: 21 October 2024
Substantial product holder(s) giving disclosure
Full name(s): Salt Funds Management Limited
Summary of previous substantial holding
Class of quoted voting products: Tower Limited Ordinary Shares (TWR)
Summary for Salt Funds Management Limited
For last disclosure,—
(a) total number held in class: 21,916,572
(b) total in class: 379,483,987
(c) total percentage held in class: 5.775%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 17,740,168
(b) total in class: 379,483,987
(c) total percentage held in class: 4.675%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
On market sales of 4,176,404 shares for a consideration of $5,845,089.39 over the period
17
th
October 2024 to 21
st
October 2024.

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Additional information
Address(es) of substantial product holder(s):
Level 3, The Imperial Buildings
44 Queen Street
Auckland 1050
Contact details:
Claire MacRae
+64 9 869 5123
claire.macrae@saltfunds.co.nz
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: N/A
Certification
I, Claire MacRae, certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make this disclosure
by all persons for whom it is made.