SPH Notice - Auckland Council

38402791.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Auckland International Airport Limited
Date this disclosure made: 9 December 2024
Date last disclosure made: 4 December 2024
Date on which substantial holding ceased: 5 December 2024
Substantial product holder(s) giving disclosure
Full name(s): Auckland Council
Summary of previous substantial holding: Class of quoted voting products: Auckland
International Airport Limited Ordinary Shares (NZX: AIA) (AIA Shares)
For last disclosure,—
(a) total number held in class: 163,231,446
(b) total in class: 1,681,824,789
(c) total percentage held in class: 9.71%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 0
(b) total in class: 1,681,824,789
(c) total percentage held in class: 0%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
Transaction
Date
Nature of change Consideration
No. of
securities /
votes affected
9 December
2024
Completion of block
trade (see below)
$8.08 per AIA Share (Aggregate:
$1,318,910,083.68)
163,231,446

38402791.1 2
On 4 December 2024, Auckland Future Fund Trustee Limited, as trustee of the Auckland Future
Fund, entered into a block trade agreement with UBS New Zealand Limited for the sale of
163,231,446 AIAL Shares. The trade completed on 9 December 2024 at the price described
above. Auckland Council is the beneficiary of the Future Fund.

Additional information
Address(es) of substantial product holder(s): 135 Albert Street, Auckland Central,
Auckland 1010
Contact details: John Bishop, Treasurer, Auckland Council +64 9 977 6598,
john.bishop@aucklandcouncil.govt.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:
• Auckland Future Fund Trustee Limited.
• UBS New Zealand Limited.
Certification
I, John Bishop, 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.