SPH Notice - UBS Group AG and its related bodies corporate

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To: NZX Limited
and
To: EROAD Limited
Date this disclosure made: 03 February 2025
Date last disclosure made: 20 November 2024
Date on which substantial holding ceased: 30 January 2025

Substantial product holder(s) giving disclosure
Full name(s): UBS Group AG and its related bodies corporate

Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for: UBS Group AG and its related bodies corporate
For last disclosure, —
(a) total number held in class: 10,514,413 shares
(b) total in class: 187,158,946 shares
(c) total percentage held in class: 5.62%

For current holding after ceasing to have substantial holding, —
(a) total number held in class: 9,043,096 shares
(b) total in class: 187,158,946 shares
(c) total percentage held in class: 4.83%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: Please see Appendix A.
Additional information
Address(es) of substantial product holder(s):

Name Addresses
UBS Asset Management
(Australia) Ltd
Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Securities Australia Ltd Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG Australia Branch Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG London Branch 5 Broadgate, London, United Kingdom

Contact details: Florian Naef
Tel: +852 3712 4687
Email: florian-p.naef@ubs.com

Nature of connection between substantial product holders:
UBS Asset Management (Australia) Ltd : Related body corporate
UBS Securities Australia Ltd : Related body corporate
UBS AG Australia Branch : Related body corporate
UBS AG London Branch : Related body corporate

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
We certify that, to the best of our knowledge and belief, the information contained in this disclosure
is correct and that we are duly authorised to make this disclosure by all persons for whom it is made.

SIGNATURE

Print Name:


Florian Naef

Capacity:

Authorised signatory

Sign Here:



Date:

03 February 2025

Print Name:


Dominic Eichrodt

Capacity:

Authorised signatory


Sign Here:




Date:

03 February 2025

ERD - Appendix A
Date of
change
Person whose relevant interest changed
Nature of Change
Consideration given in
relation to change
Number of securities
Class
19-Nov-24
UBS AG London Branch
Change in right of rehypothecation
N/A
(3,000)

Ordinary
19-Nov-24
UBS Securities Australia Ltd
Buy
11,536
13,258

Ordinary
20-Nov-24
UBS Securities Australia Ltd
Sell
429
(478)

Ordinary
22-Nov-24
UBS Securities Australia Ltd
Sell
2,765
(3,029)

Ordinary
22-Nov-24
UBS Securities Australia Ltd
Buy
2,451
2,654

Ordinary
25-Nov-24
UBS Securities Australia Ltd
Sell
1,100
(1,282)

Ordinary
25-Nov-24
UBS Securities Australia Ltd
Buy
18,397
21,256

Ordinary
25-Nov-24
UBS Securities Australia Ltd
Buy
5,049
5,531

Ordinary
26-Nov-24
UBS Securities Australia Ltd
Sell
15,510
(16,794)

Ordinary
26-Nov-24
UBS Securities Australia Ltd
Buy
53
58

Ordinary
26-Nov-24
UBS Securities Australia Ltd
Buy
2,199
2,366

Ordinary
27-Nov-24
UBS Securities Australia Ltd
Sell
1,929
(2,100)

Ordinary
27-Nov-24
UBS Securities Australia Ltd
Buy
15
16

Ordinary
28-Nov-24
UBS Securities Australia Ltd
Sell
3,299
(3,542)

Ordinary
28-Nov-24
UBS Securities Australia Ltd
Sell
10,963
(11,627)

Ordinary
28-Nov-24
UBS Securities Australia Ltd
Buy
2,374
2,554

Ordinary
28-Nov-24
UBS Securities Australia Ltd
Buy
2,260
2,431

Ordinary
28-Nov-24
UBS Securities Australia Ltd
Sell
1
(1)

Ordinary
29-Nov-24
UBS Securities Australia Ltd
Buy
692
758

Ordinary
02-Dec-24
UBS Securities Australia Ltd
Sell
5
(5)

Ordinary
02-Dec-24
UBS Securities Australia Ltd
Sell
4,398
(4,862)

Ordinary
02-Dec-24
UBS Securities Australia Ltd
Sell
3,076
(3,369)

Ordinary
02-Dec-24
UBS Securities Australia Ltd
Buy
968
1,060

Ordinary
03-Dec-24
UBS Securities Australia Ltd
Sell
2,199
(2,387)

Ordinary
03-Dec-24
UBS Securities Australia Ltd
Sell
2,308
(2,481)

Ordinary
03-Dec-24
UBS Securities Australia Ltd
Buy
1,650
1,814

Ordinary
03-Dec-24
UBS Securities Australia Ltd
Buy
4,398
4,760

Ordinary
04-Dec-24
UBS Securities Australia Ltd
Sell
3,966
(4,255)

Ordinary
04-Dec-24
UBS Securities Australia Ltd
Sell
4,093
(4,395)

Ordinary
04-Dec-24
UBS Securities Australia Ltd
Buy
2,913
3,131

Ordinary
04-Dec-24
UBS Securities Australia Ltd
Buy
5,494
5,911

Ordinary
05-Dec-24
UBS Securities Australia Ltd
Sell
3,299
(3,535)

Ordinary
05-Dec-24
UBS Securities Australia Ltd
Buy
3,151
3,404

Ordinary
06-Dec-24
UBS Securities Australia Ltd
Sell
2,199
(2,338)

Ordinary
06-Dec-24
UBS Securities Australia Ltd
Buy
446
481

Ordinary
06-Dec-24
UBS Securities Australia Ltd
Buy
1,100
1,190

Ordinary
09-Dec-24
UBS Securities Australia Ltd
Sell
4,982
(5,330)

Ordinary
09-Dec-24
UBS Securities Australia Ltd
Sell
598
(632)

Ordinary
09-Dec-24
UBS Securities Australia Ltd
Buy
3,944
4,169

Ordinary
09-Dec-24
UBS Securities Australia Ltd
Buy
6,597
7,042

Ordinary
10-Dec-24
UBS Securities Australia Ltd
Buy
2,103
2,269

Ordinary
11-Dec-24
UBS Securities Australia Ltd
Buy
3,299
3,563

Ordinary
11-Dec-24
UBS Securities Australia Ltd
Buy
40
43

Ordinary
11-Dec-24
UBS Securities Australia Ltd
Sell
1,100
(1,176)

Ordinary
12-Dec-24
UBS Securities Australia Ltd
Sell
1,100
(1,176)

Ordinary
12-Dec-24
UBS Securities Australia Ltd
Buy
361
388

Ordinary
13-Dec-24
UBS Securities Australia Ltd
Sell
1,100
(1,176)

Ordinary
13-Dec-24
UBS Securities Australia Ltd
Buy
486
520

Ordinary
13-Dec-24
UBS Securities Australia Ltd
Buy
1,532
1,639

Ordinary
17-Dec-24
UBS Securities Australia Ltd
Buy
285
300

Ordinary
23-Dec-24
UBS Securities Australia Ltd
Sell
3,309
(3,115)

Ordinary
23-Dec-24
UBS Securities Australia Ltd
Buy
3,401
3,202

Ordinary
24-Dec-24
UBS Securities Australia Ltd
Sell
661
(607)

Ordinary
24-Dec-24
UBS Securities Australia Ltd
Buy
1,865
1,654

Ordinary
27-Dec-24
UBS Securities Australia Ltd
Sell
1,883
(1,654)

Ordinary
27-Dec-24
UBS Securities Australia Ltd
Sell
3,473
(3,119)

Ordinary
27-Dec-24
UBS Securities Australia Ltd
Buy
391
354

Ordinary
27-Dec-24
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
3,119

Swaps
30-Dec-24
UBS Securities Australia Ltd
Sell
3,488
(3,182)

Ordinary
30-Dec-24
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
3,182

Swaps
31-Dec-24
UBS Securities Australia Ltd
Sell
1,050
(1,004)

Ordinary
31-Dec-24
UBS Securities Australia Ltd
Buy
1,741
1,640

Ordinary
31-Dec-24
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
1,004

Swaps
02-Jan-25
UBS Securities Australia Ltd
Buy
386
346

Ordinary
02-Jan-25
UBS Securities Australia Ltd
Buy
773
736

Ordinary
02-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(346)

Swaps
03-Jan-25
UBS Securities Australia Ltd
Buy
243
224

Ordinary
03-Jan-25
UBS Securities Australia Ltd
Sell
298
(281)

Ordinary
03-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(224)

Swaps
06-Jan-25
UBS Securities Australia Ltd
Sell
5,804
(5,276)

Ordinary
06-Jan-25
UBS Securities Australia Ltd
Buy
17
15

Ordinary
06-Jan-25
UBS Securities Australia Ltd
Sell
500
(455)

Ordinary
06-Jan-25
UBS Securities Australia Ltd
Buy
3,083
2,982

Ordinary
06-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(15)

Swaps
07-Jan-25
UBS Securities Australia Ltd
Sell
181
(161)

Ordinary
07-Jan-25
UBS Securities Australia Ltd
Buy
422
376

Ordinary
07-Jan-25
UBS Securities Australia Ltd
Sell
427
(376)

Ordinary
07-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
161

Swaps
08-Jan-25
UBS Securities Australia Ltd
Sell
173
(164)

Ordinary
08-Jan-25
UBS Securities Australia Ltd
Buy
1,375
1,281

Ordinary
08-Jan-25
UBS Securities Australia Ltd
Buy
14
13

Ordinary
08-Jan-25
UBS Securities Australia Ltd
Sell
14
(13)

Ordinary
08-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
164

Swaps
09-Jan-25
UBS Securities Australia Ltd
Sell
1,308
(1,239)

Ordinary
10-Jan-25
UBS Securities Australia Ltd
Sell
1,479
(1,408)

Ordinary
10-Jan-25
UBS Securities Australia Ltd
Sell
380
(360)

Ordinary
10-Jan-25
UBS Securities Australia Ltd
Sell
883
(832)

Ordinary
10-Jan-25
UBS Securities Australia Ltd
Buy
1,397
1,310

Ordinary
10-Jan-25
UBS Securities Australia Ltd
Buy
1,492
1,408

Ordinary
10-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
360

Swaps
13-Jan-25
UBS Securities Australia Ltd
Sell
2,246
(2,132)

Ordinary
13-Jan-25
UBS Securities Australia Ltd
Buy
5,031
4,786

Ordinary
14-Jan-25
UBS Securities Australia Ltd
Sell
563
(515)

Ordinary
14-Jan-25
UBS Securities Australia Ltd
Buy
1,397
1,277

Ordinary
14-Jan-25
UBS Securities Australia Ltd
Sell
4,626
(4,211)

Ordinary
14-Jan-25
UBS Securities Australia Ltd
Buy
7,591
6,936

Ordinary
14-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
515

Swaps
15-Jan-25
UBS Securities Australia Ltd
Sell
698
(648)

Ordinary
15-Jan-25
UBS Securities Australia Ltd
Buy
2,006
1,854

Ordinary
15-Jan-25
UBS Securities Australia Ltd
Sell
2,012
(1,866)

Ordinary
15-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
648

Swaps
16-Jan-25
UBS Securities Australia Ltd
Sell
301
(277)

Ordinary
16-Jan-25
UBS Securities Australia Ltd
Sell
1,524
(1,385)

Ordinary
16-Jan-25
UBS Securities Australia Ltd
Buy
1,731
1,578

Ordinary
16-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
277

Swaps
17-Jan-25
UBS Securities Australia Ltd
Sell
956
(887)

Ordinary
17-Jan-25
UBS Securities Australia Ltd
Buy
154
141

Ordinary
17-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
887

Swaps
20-Jan-25
UBS Securities Australia Ltd
Buy
16
15

Ordinary
20-Jan-25
UBS Securities Australia Ltd
Buy
1,100
1,015

Ordinary
20-Jan-25
UBS Securities Australia Ltd
Sell
2,090
(1,937)

Ordinary
20-Jan-25
UBS Securities Australia Ltd
Sell
108
(100)

Ordinary
20-Jan-25
UBS Securities Australia Ltd
Sell
1,106
(1,021)

Ordinary
20-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(15)

Swaps
21-Jan-25
UBS Securities Australia Ltd
Sell
51
(47)

Ordinary
21-Jan-25
UBS Securities Australia Ltd
Buy
320
295

Ordinary
21-Jan-25
UBS Securities Australia Ltd
Sell
3,371
(3,087)

Ordinary
21-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
47

Swaps
22-Jan-25
UBS Securities Australia Ltd
Buy
119
111

Ordinary
22-Jan-25
UBS Securities Australia Ltd
Buy
130
121

Ordinary
22-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(111)

Swaps
23-Jan-25
UBS Securities Australia Ltd
Sell
1,100
(1,036)

Ordinary
23-Jan-25
UBS Securities Australia Ltd
Buy
478
446

Ordinary
23-Jan-25
UBS Securities Australia Ltd
Buy
2,607
2,443

Ordinary
23-Jan-25
UBS Securities Australia Ltd
Sell
730
(690)

Ordinary
23-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(446)

Swaps
24-Jan-25
UBS Securities Australia Ltd
Sell
10
(9)

Ordinary
28-Jan-25
UBS Securities Australia Ltd
Sell
3,980
(3,737)

Ordinary
28-Jan-25
UBS Securities Australia Ltd
Sell
1,099
(1,030)

Ordinary
29-Jan-25
UBS Securities Australia Ltd
Sell
5
(5)

Ordinary
29-Jan-25
UBS Securities Australia Ltd
Buy
7,437
6,940

Ordinary
29-Jan-25
UBS Securities Australia Ltd
Sell
3,298
(3,075)

Ordinary
29-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
5
Swaps
30-Jan-25
UBS AG Australia Branch
Change in right of rehypothecation
N/A
(1,486,682)

Ordinary
30-Jan-25
UBS Securities Australia Ltd
Buy
66
Ordinary
30-Jan-25
UBS Securities Australia Ltd
Sell
1
(1)

Ordinary
30-Jan-25
UBS Securities Australia Ltd
Enter Into Derivative Contract
N/A
(6)

Swaps