SPH Notice - ANZ New Zealand Investments Limited

To
and
To
Details for:
Substantial product holder(s) giving disclosure
Full name(s):
ANZ New Zealand Investments Limited, ANZ Bank New Zealand Limited and ANZ
Custodial Services New Zealand Limited
Summary of substantial holding
Class of quoted voting products:Common Stock - NZL
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
NZX Limited
New Zealand Rural Land Co Ltd
Date this disclosure made:26 February 2026
Date on which substantial holding began:26 February 2026
(c) total percentage held in class: 5.498%
The above summary excludes the custodial holdings of ANZ Custodial Services New Zealand Limited (which are set out below), so
that these are not double-counted in the aggregated related bodies disclosure.
Summaries of the individual holdings of each of ANZ New Zealand Investments Limited, ANZ Bank New Zealand Limited and ANZ
Custodial Services New Zealand Limited are as follows.
Summary for:ANZ New Zealand Investments Limited
Summary for:
ANZ New Zealand Investments Limited, ANZ Bank New Zealand Limited and ANZ
Custodial Services New Zealand Limited (aggregated as related bodies
corporate)
For this disclosure,—
(a) total number held in class:8,034,107
(b) total in class:146,138,000
Summary for:ANZ Bank New Zealand Limited
For this disclosure,—
(a) total number held in class:3,003,000
(b) total in class:146,138,000
For this disclosure,—
(a) total number held in class:5,031,107
(b) total in class:146,138,000
(c) total percentage held in class: 3.443%
(b) total in class:146,138,000
(c) total percentage held in class: 2.055%
(c) total percentage held in class: 2.055%
Summary for:ANZ Custodial Services New Zealand Limited
For this disclosure,—
(a) total number held in class:3,003,000
ANZ New Zealand Investments Limited
Nature of relevant interest(s):
ANZ New Zealand Investments Limited (ANZ Investments) acts as a manager or investment manager for certain managed
investment schemes under investment management contracts. ANZ Investments has a relevant interest in the financial products
arising only from the powers of investment contained in the investment management contracts as it has:
- a qualified power to control the exercise of the right to vote attached to the financial products; and
- a qualified power to acquire or dispose of the financial products.
The investment management contracts are not attached to this notice pursuant to regulation 142 of the Financial Markets Conduct
Regulations 2014 (Regulations).
Details of relevant interests

Unknown
Details for:
Unknown
Unknown
Details for:
ANZ New Zealand Investments Limited (ANZ Investments) acts as a manager or investment manager for certain managed
investment schemes under investment management contracts. ANZ Investments has a relevant interest in the financial products
arising only from the powers of investment contained in the investment management contracts as it has:
- a qualified power to control the exercise of the right to vote attached to the financial products; and
- a qualified power to acquire or dispose of the financial products.
The investment management contracts are not attached to this notice pursuant to regulation 142 of the Financial Markets Conduct
Regulations 2014 (Regulations).
For that relevant interest,—
(a) number held in class: 5,031,107
Nature of relevant interest(s):
ANZ Bank New Zealand Limited (ANZ Bank) acts as a discretionary investment management service (DIMS) provider in respect of
investment portfolios under a DIMS client agreement. ANZ Bank has a relevant interest in the financial products arising only from
the powers of investment contained in the DIMS client agreement as it has:
- a qualified power to control the exercise of the right to vote attached to the financial products; and
- a qualified power to acquire or dispose of the financial products.
The DIMS client agreement is not attached to this notice pursuant to regulation 142 of the Regulations.
For that relevant interest,—
(a) number held in class: -
(b) percentage held in class: 0.000%
(b) percentage held in class: 3.443%
(c) current registered holder(s):
(d) registered holder(s) once transfers are registered: The New Zealand Guardian Trust Company Limited 3,682,856 or MFL
Mutual Fund Limited 1,348,251
ANZ Investments also has a relevant interest in the holdings of ANZ Bank New Zealand Limited and ANZ Custodial Services New
Zealand Limited as disclosed in this notice, because all of these companies are related bodies corporate.
ANZ Bank New Zealand Limited
(b) percentage held in class: 2.055%
(c) current registered holder(s):
(d) registered holder(s) once transfers are registered: ANZ Custodial Services New Zealand Limited
ANZ Bank also has a relevant interest in the holdings of ANZ New Zealand Investments Limited and ANZ Custodial Services New
Zealand Limited as disclosed in this notice, because all of these companies are related bodies corporate.
(c) current registered holder(s):
(d) registered holder(s) once transfers are registered: ANZ Custodial Services New Zealand Limited
ANZ Bank also provides a trading and custody service in respect of individual client investment portfolios under a trading service
client agreement. ANZ Bank has a relevant interest in the financial products arising only from the powers of investment contained
in the trading service client agreement as it has:
- a qualified power to control the exercise of the right to vote attached to the financial products; and
- a conditional power to dispose of the financial products.
The trading service client agreement is not attached to this notice pursuant to regulation 142 of the Regulations.
For that relevant interest,—
(a) number held in class: 3,003,000
ANZCS has a relevant interest in the financial products as it is the registered holder of the financial products.
The custody agreement is not attached to this notice pursuant to regulation 141 of the Regulations.
ANZ Custodial Services New Zealand Limited
Nature of relevant interest(s):
ANZ Custodial Services New Zealand Limited (ANZCS) is the custodian for:
-ANZ Bank New Zealand Limited's discretionary investment management service and trading and custody service under a custody
agreement.

Unknown
Relevant interests under the trading and custody service
On-market trades
Contact details:
Certification
I, David Otero-Lambert, certify that, to the best of my knowledge and belief, the information contained
For that relevant interest,—
(a) number held in class: 3,003,000
(b) percentage held in class: 2.055%
(c) current registered holder(s):
(d) registered holder(s) once transfers are registered: ANZ Custodial Services New Zealand Limited
ANZCS also has a relevant interest in the holdings of ANZ New Zealand Investments Limited and ANZ Bank New Zealand Limited
as disclosed in this notice, because all of these companies are related bodies corporate.
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure by ANZ Bank New Zealand Limited:
Transaction TypePeriodSharesConsideration (NZD)
2,991,000.00 (2,999,973.00)
On-market Purchases25/02/2026 - 26/02/20262,991,000.00 (2,999,973.00)
On-market Sales25/02/2026 - 26/02/2026- -
Dominic Drury, 0800 269 296, Dominic.Drury@anz.com
Nature of connection between substantial security holders:
ANZ New Zealand Investments, ANZ Bank New Zealand and ANZ Custodial Services New Zealand are related bodies corporate
under section 237(d) of the Financial Markets Conduct Act 2013.
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: None
in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Additional information
Address(es) of substantial product holder(s):
ANZ Investments, ANZ Bank and ANZCS: ANZ Centre, 23-29 Albert Street, Auckland 1010