SPH Notice - Mitsubishi UFJ Financial Group, Inc.

1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Chorus Ltd
Date this disclosure made: 10 January, 2025
Date last disclosure made: 8 January, 2025
Date on which substantial holding ceased: 7 January, 2025
Substantial product holder(s) giving disclosure
Full name(s): Mitsubishi UFJ Financial Group, Inc., First Sentier Investors RQI Pty Ltd, First
Sentier Investors (Australia) IM Ltd.
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares (security code: NZCNUE0001S2)
Summary for Mitsubishi UFJ Financial Group, Inc., First Sentier Investors RQI Pty Ltd, First
Sentier Investors (Australia) IM Ltd.
For last disclosure,—
(a) total number held in class: 21,710,093
(b) total in class: 433,887,294
(c) total percentage held in class: 5.004%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 21,634,744
(b) total in class: 433,887,294
(c) total percentage held in class: 4.986%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
For transaction details relating to subsidiaries of Mitsubishi UFJ Financial Group, Inc. see
Annexure A.
For transaction details relating to the Morgan Stanley group see Annexure C.

2
Additional information
Address(es) of substantial product holder(s):
Mitsubishi UFJ Financial Group, Inc. – 1-4-5, Marunouchi, Chiyoda-ku, Tokyo 100-8330,
Japan
First Sentier Investors RQI Pty Ltd - Level 5, Tower Three International Towers Sydney,
300 Barangaroo Avenue, Barangaroo NSW 2000, Australia
First Sentier Investors (Australia) IM Ltd - Level 5, Tower Three International Towers
Sydney, 300 Barangaroo Avenue, Barangaroo NSW 2000, Australia

Contact details: Kenji Takase, Phone: + 81-50-3844-4921, E-mail: kenji_takase@mufg.jp

Nature of connection between substantial product holders: First Sentier Investors
(Australia) IM Ltd and First Sentier Investors RQI Pty Ltd are wholly-owned subsidiaries of
Mitsubishi UFJ Financial Group, Inc.
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
I, Kenji Takase, 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.

3
Annexure A
Transaction details for subsidiaries of Mitsubishi UFJ Financial Group, Inc.



Date of
Transaction
Holder of
Relevant Interest
Nature of
Transaction
Class of
Securities
Number of
Securities
Cash
Consideration
(NZD)
06-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
BUY Ordinary Shares 12,690
110,044
07-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
SELL Ordinary Shares -4,835
-42,182
07-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
SELL Ordinary Shares -36,463
-318,117
07-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
SELL Ordinary Shares -14,145
-123,406
07-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
SELL Ordinary Shares -10,634
-92,775
07-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
SELL Ordinary Shares -19,153
-167,098
07-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
SELL Ordinary Shares -11,745
-102,468
07-Jan-2025
First Sentier
Investors
(Australia) IM Ltd
SELL Ordinary Shares -11,229
-97,966

4
Annexure B
Relevant interests held in the Morgan Stanley group

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

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

5
Annexure C
Transaction details for the Morgan Stanley group


Date of
Transac
tion
Holder of Relevant Interest
Transa
ction
Nature
Considerati
on
Class and
number of
securities
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,030.97
(AUD)
131 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,344.06
(AUD)
171 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,404.42
(AUD)
178 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,466.60
(AUD)
186 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,567.80
(AUD)
201 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,607.20
(AUD)
205 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,785.35
(AUD)
227 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,804.52
(AUD)
229 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,811.25
(AUD)
230 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,902.12
(AUD)
242 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
102.24
(AUD)
13 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
109.76
(AUD)
14 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
109.90
(AUD)
14 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
110.18
(AUD)
14 Ordinary
Shares

6
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
142.02
(AUD)
18 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
15.80
(AUD)
2 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
16,824.60
(AUD)
2,157 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
164.85
(AUD)
21 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
165.06
(AUD)
21 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
189.12
(AUD)
24 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
189.12
(AUD)
24 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
19,484.40
(AUD)
2,498 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
2,093.42
(AUD)
266 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
2,687.08
(AUD)
341 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
2,841.07
(AUD)
361 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
21,957.00
(AUD)
2,815 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
213.03
(AUD)
27 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
259.21
(AUD)
33 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
28,204.80
(AUD)
3,616 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
3,053.65
(AUD)
389 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
3,063.36
(AUD)
389 Ordinary
Shares

7
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
3,582.06
(AUD)
454 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
31.44
(AUD)
4 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
36,020.40
(AUD)
4,618 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
360.18
(AUD)
46 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
39.00
(AUD)
5 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
4,631.50
(AUD)
590 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
4,711.20
(AUD)
604 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
4,797.12
(AUD)
608 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
400.35
(AUD)
51 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
478.85
(AUD)
61 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
5,039.70
(AUD)
642 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
511.55
(AUD)
65 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
522.06
(AUD)
66 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
551.60
(AUD)
70 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
588.75
(AUD)
75 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
597.36
(AUD)
76 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
619.36
(AUD)
79 Ordinary
Shares

8
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
62.76
(AUD)
8 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
631.20
(AUD)
80 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
659.40
(AUD)
84 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
668.52
(AUD)
85 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
691.68
(AUD)
88 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
70.69
(AUD)
9 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
737.90
(AUD)
94 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
74,014.20
(AUD)
9,489 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
740.25
(AUD)
94 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
761.93
(AUD)
97 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
768.80
(AUD)
98 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
78.60
(AUD)
10 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
83,194.80
(AUD)
10,666
Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
856.98
(AUD)
108 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
858.37
(AUD)
109 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
9,063.60
(AUD)
1,162 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
925.47
(AUD)
117 Ordinary
Shares

9
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
946.80
(AUD)
120 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
961.36
(AUD)
122 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Buy
995.68
(AUD)
127 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
1,079.56
(AUD)
137 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
1,509.12
(AUD)
192 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
141.66
(AUD)
18 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
235.20
(AUD)
30 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
251.20
(AUD)
32 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
251.52
(AUD)
32 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
268.26
(AUD)
34 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
463.74
(AUD)
59 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
473.10
(AUD)
60 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
480.68
(AUD)
61 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
493.92
(AUD)
63 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
80.10
(AUD)
10 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
808.55
(AUD)
103 Ordinary
Shares
01/06/
2025
Morgan Stanley Australia
Securities Limited
Sell
951.06
(AUD)
121 Ordinary
Shares

10
01/06/
2025
Morgan Stanley Capital
Services LLC
Buy N/A 462 Swaps
01/06/
2025
Morgan Stanley Capital
Services LLC
Sell N/A 12,016 Swaps
01/06/
2025
Morgan Stanley Capital
Services LLC
Sell N/A 12,082 Swaps
01/06/
2025
Morgan Stanley Capital
Services LLC
Sell N/A 9 Swaps
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,415.70
(AUD)
180 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
1,643.20
(AUD)
208 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
110.18
(AUD)
14 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
2,943.75
(AUD)
375 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
37,664.30
(AUD)
4,798 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
370.36
(AUD)
47 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
431.75
(AUD)
55 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
458.78
(AUD)
58 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
5,268.37
(AUD)
669 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
5,801.15
(AUD)
739 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
63.44
(AUD)
8 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
7,224.66
(AUD)
918 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
7,229.25
(AUD)
918 Ordinary
Shares

11
01/07/
2025
Morgan Stanley Australia
Securities Limited
Buy
719.81
(AUD)
91 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
1,013.94
(AUD)
129 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
1,281.99
(AUD)
163 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
1,449.92
(AUD)
184 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
133.96
(AUD)
17 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
149.91
(AUD)
19 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
16,068.95
(AUD)
2,047 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
189.36
(AUD)
24 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
2,203.60
(AUD)
280 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
2,345.26
(AUD)
298 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
2,499.48
(AUD)
318 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
2,585.94
(AUD)
329 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
23.64
(AUD)
3 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
27,372.95
(AUD)
3,487 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
322.46
(AUD)
41 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
361.56
(AUD)
46 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
4,024.32
(AUD)
512 Ordinary
Shares

12
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
424.17
(AUD)
54 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
425.24
(AUD)
54 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
425.25
(AUD)
54 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
498.96
(AUD)
63 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
5,481.63
(AUD)
693 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
5,910.37
(AUD)
751 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
503.68
(AUD)
64 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
533.12
(AUD)
68 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
583.12
(AUD)
74 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
606.37
(AUD)
77 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
629.60
(AUD)
80 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
637.06
(AUD)
81 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
637.47
(AUD)
81 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
654.04
(AUD)
83 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
7,080.70
(AUD)
902 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
7.93
(AUD)
1 Ordinary
Share
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
739.78
(AUD)
94 Ordinary
Shares

13
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
747.65
(AUD)
95 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
770.28
(AUD)
98 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
785.00
(AUD)
100 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
847.80
(AUD)
108 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
94.37
(AUD)
12 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
943.20
(AUD)
120 Ordinary
Shares
01/07/
2025
Morgan Stanley Australia
Securities Limited
Sell
968.62
(AUD)
123 Ordinary
Shares
01/07/
2025
Morgan Stanley Capital
Services LLC
Buy N/A 5,615 Swaps
01/07/
2025
Morgan Stanley Capital
Services LLC
Buy N/A 756 Swaps
01/07/
2025
Morgan Stanley Capital
Services LLC
Sell N/A 4,798 Swaps