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: Vista Group International Limited
Date this disclosure made: 23 December 2025
Date last disclosure made: 11 December 2025
Date on which substantial holding ceased: 19 December 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: 12,096,719
(b) total in class: 238,834,381
(c) total percentage held in class: 5.06%

For current holding after ceasing to have substantial holding, —
(a) total number held in class: 11,833,055
(b) total in class: 238,834,381
(c) total percentage held in class: 4.95%

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 AG Australia Branch Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG London Branch 5 Broadgate, London, United Kingdom
UBS Securities Australia Ltd Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Nominees Pty Ltd Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
Brispot Nominees Pty Ltd Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia

Contact details: Ruby Ko
Tel: +852 371 22802
Email: ruby.ko@ubs.com

Nature of connection between substantial product holders:
UBS AG Australia Branch: Related body corporate
UBS AG London Branch: Related body corporate
UBS Securities Australia Ltd: Related body corporate
UBS Nominees Pty Ltd: Related body corporate
Brispot Nominees Pty Ltd: 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:


Ruby Ko

Capacity:

Authorised signatory

Sign Here:



Date:

23 December 2025

Print Name:


Dominic Eichrodt

Capacity:

Authorised signatory


Sign Here:





Date:

23 December 2025

VGL - Appendix A
Date of
change
Person whose relevant interest changed
Nature of Change
Consideration given in
relation to change
Number of securities
Class
09-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(11,858)


Swaps
09-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
3,170


Swaps
09-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
774


Swaps
09-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
4,702


Swaps
09-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(4,532)


Swaps
09-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
1,380


Swaps
10-Dec-25
UBS AG Australia Branch
Change in right of rehypothecation
N/A
32,327


Ordinary
10-Dec-25
UBS Securities Australia Ltd
Sell
87
(33)


Ordinary
10-Dec-25
UBS Securities Australia Ltd
Buy
4,465
1,688


Ordinary
10-Dec-25
UBS Securities Australia Ltd
Sell
13,500
(5,132)


Ordinary
10-Dec-25
UBS Securities Australia Ltd
Buy
4,375
1,661


Ordinary
10-Dec-25
UBS Securities Australia Ltd
Sell
1,507
(569)


Ordinary
10-Dec-25
UBS Securities Australia Ltd
Buy
1,064
403


Ordinary
10-Dec-25
UBS AG London Branch
Sell
1,074
(413)


Ordinary
10-Dec-25
UBS AG London Branch
Buy
48,669
18,701


Ordinary
10-Dec-25
UBS AG London Branch
Sell
3,396
(1,306)


Ordinary
10-Dec-25
UBS AG London Branch
Stock borrowed
N/A
194,996


Ordinary
10-Dec-25
UBS AG London Branch
Stock borrowed
N/A
200,000


Ordinary
10-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(1,661)


Swaps
10-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
5,132


Swaps
10-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(1,688)


Swaps
10-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
33


Swaps
11-Dec-25
UBS Securities Australia Ltd
Buy
122
46


Ordinary
11-Dec-25
UBS Securities Australia Ltd
Sell
499
(188)


Ordinary
11-Dec-25
UBS Securities Australia Ltd
Buy
1,488
564


Ordinary
11-Dec-25
UBS Securities Australia Ltd
Buy
523
197


Ordinary
11-Dec-25
UBS Securities Australia Ltd
Sell
18,954
(7,220)


Ordinary
11-Dec-25
UBS Securities Australia Ltd
Buy
13,396
5,106


Ordinary
11-Dec-25
UBS Securities Australia Ltd
Buy
1,625
613


Ordinary
11-Dec-25
UBS Securities Australia Ltd
Sell
2,896
(1,090)


Ordinary
11-Dec-25
UBS AG London Branch
Buy
3,874
1,490


Ordinary
11-Dec-25
UBS AG London Branch
Buy
98,730
37,851


Ordinary
11-Dec-25
UBS AG London Branch
Sell
2,566
(972)


Ordinary
11-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(5,106)


Swaps
11-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
7,220


Swaps
11-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
188


Swaps
11-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(564)


Swaps
11-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(46)


Swaps
12-Dec-25
UBS Securities Australia Ltd
Sell
317
(116)


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Sell
762
(283)


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Buy
5,840
2,192


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Buy
2,406
868


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Buy
896
334


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Sell
4,081
(1,511)


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Sell
4,910
(1,844)


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Buy
4,754
1,785


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Buy
9,837
3,712


Ordinary
12-Dec-25
UBS Securities Australia Ltd
Sell
5,635
(2,087)


Ordinary
12-Dec-25
UBS AG London Branch
Sell
9,686
(3,623)


Ordinary
12-Dec-25
UBS AG London Branch
Buy
5,613
2,133


Ordinary
12-Dec-25
UBS AG London Branch
Sell
27,191
(10,161)


Ordinary
12-Dec-25
UBS AG London Branch
Buy
7,962
3,039


Ordinary
12-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(1,785)


Swaps
12-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
1,844


Swaps
12-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
1,511


Swaps
12-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
283


Swaps
12-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(2,192)


Swaps
12-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
116


Swaps
15-Dec-25
UBS Securities Australia Ltd
Sell
2,365
(874)


Ordinary
15-Dec-25
UBS Securities Australia Ltd
Buy
1,717
635


Ordinary
15-Dec-25
UBS Securities Australia Ltd
Sell
7,575
(2,801)


Ordinary
15-Dec-25
UBS Securities Australia Ltd
Sell
982
(362)


Ordinary
15-Dec-25
UBS Securities Australia Ltd
Buy
9,253
3,427


Ordinary
15-Dec-25
UBS Securities Australia Ltd
Buy
1,256
466


Ordinary
15-Dec-25
UBS Securities Australia Ltd
Sell
1,717
(634)


Ordinary
15-Dec-25
UBS AG London Branch
Buy
5,307
1,990


Ordinary
15-Dec-25
UBS AG London Branch
Sell
4,516
(1,669)


Ordinary
15-Dec-25
UBS AG London Branch
Sell
1,243
(460)


Ordinary
15-Dec-25
UBS AG London Branch
Sell
8,527
(3,158)


Ordinary
15-Dec-25
UBS AG London Branch
Sell
3,317
(1,230)


Ordinary
15-Dec-25
UBS AG London Branch
Buy
1,343
505


Ordinary
15-Dec-25
UBS AG London Branch
Stock returned
N/A
(5,175)


Ordinary
15-Dec-25
UBS AG London Branch
Stock returned
N/A
(20,000)


Ordinary
15-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
460


Swaps
15-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
3,158


Swaps
15-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(3,427)


Swaps
15-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
362


Swaps
15-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
2,801


Swaps
15-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(635)


Swaps
15-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
874


Swaps
16-Dec-25
UBS Securities Australia Ltd
Sell
288
(108)


Ordinary
16-Dec-25
UBS Securities Australia Ltd
Sell
9,504
(3,541)


Ordinary
16-Dec-25
UBS Securities Australia Ltd
Buy
2,231
837


Ordinary
16-Dec-25
UBS Securities Australia Ltd
Buy
545
200


Ordinary
16-Dec-25
UBS Securities Australia Ltd
Sell
17,826
(6,518)


Ordinary
16-Dec-25
UBS Securities Australia Ltd
Buy
9,557
3,577


Ordinary
16-Dec-25
UBS Securities Australia Ltd
Sell
2,885
(1,078)


Ordinary
16-Dec-25
UBS Securities Australia Ltd
Buy
3,057
1,145


Ordinary
16-Dec-25
UBS AG London Branch
Buy
31,225
11,880


Ordinary
16-Dec-25
UBS AG London Branch
Sell
3,209
(1,206)


Ordinary
16-Dec-25
UBS AG London Branch
Sell
24,276
(9,063)


Ordinary
16-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(3,577)


Swaps
16-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
6,518


Swaps
16-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(837)


Swaps
16-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
3,541


Swaps
16-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
108


Swaps
17-Dec-25
UBS Securities Australia Ltd
Buy
11
4


Ordinary
17-Dec-25
UBS Securities Australia Ltd
Sell
1,002
(379)


Ordinary
17-Dec-25
UBS Securities Australia Ltd
Buy
1,206
458


Ordinary
17-Dec-25
UBS Securities Australia Ltd
Buy
984
374


Ordinary
17-Dec-25
UBS Securities Australia Ltd
Sell
4,302
(1,638)


Ordinary
17-Dec-25
UBS Securities Australia Ltd
Buy
5,928
2,251


Ordinary
17-Dec-25
UBS Securities Australia Ltd
Sell
5,395
(2,046)


Ordinary
17-Dec-25
UBS Securities Australia Ltd
Buy
2,120
807


Ordinary
17-Dec-25
UBS AG London Branch
Sell
17,433
(6,704)


Ordinary
17-Dec-25
UBS AG London Branch
Sell
44,232
(16,893)


Ordinary
17-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(2,251)


Swaps
17-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
1,638


Swaps
17-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(458)


Swaps
17-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
379


Swaps
17-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(4)


Swaps
18-Dec-25
UBS Securities Australia Ltd
Buy
1,136
444


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Buy
294
113


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Sell
16,251
(6,286)


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Sell
2,550
(999)


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Buy
4,086
1,601


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Sell
2,780
(1,089)


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Sell
20,104
(7,804)


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Sell
5,232
(2,038)


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Buy
28,347
11,054


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Buy
9,591
3,712


Ordinary
18-Dec-25
UBS Securities Australia Ltd
Sell
9,193
(3,582)


Ordinary
18-Dec-25
UBS AG London Branch
Sell
10,985
(4,291)


Ordinary
18-Dec-25
UBS AG London Branch
Buy
976
389


Ordinary
18-Dec-25
UBS AG London Branch
Buy
5,618
2,186


Ordinary
18-Dec-25
UBS AG London Branch
Sell
33,512
(13,111)


Ordinary
18-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(11,054)


Swaps
18-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
2,038


Swaps
18-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
7,804


Swaps
18-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
6,286


Swaps
18-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(113)


Swaps
18-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(444)


Swaps
19-Dec-25
UBS AG London Branch
Stock returned
N/A
(143,084)


Ordinary
19-Dec-25
UBS AG London Branch
Stock returned
N/A
(200,000)


Ordinary
19-Dec-25
UBS AG Australia Branch
Change in right of rehypothecation
N/A
(113,031)


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Buy
9,012
3,539


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Sell
5,440
(2,108)


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Buy
11,609
4,562


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Buy
20,341
8,040


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Buy
7,897
3,108


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Sell
1,909
(749)


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Sell
18,308
(7,153)


Ordinary

19-Dec-25
UBS Securities Australia Ltd
Buy
13,377
5,261


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Sell
9,500
(3,709)


Ordinary
19-Dec-25
UBS Securities Australia Ltd
Buy
12,791
5,046


Ordinary
19-Dec-25
UBS AG London Branch
Buy
57,302
22,643


Ordinary
19-Dec-25
UBS AG London Branch
Sell
7
(3)


Ordinary
19-Dec-25
UBS AG London Branch
Buy
87,531
34,457


Ordinary
19-Dec-25
UBS AG London Branch
Sell
35,694
(14,218)


Ordinary
19-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(5,261)


Swaps
19-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
7,153


Swaps
19-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(4,562)


Swaps
19-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
2,108


Swaps
19-Dec-25
UBS AG London Branch
Enter Into Derivative Contract
N/A
(3,539)


Swaps