SPH Notice - FirstCape Group Limited

Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX Limited
and
To Freightways Group Limited (FRW)
Relevant event being disclosed:
Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 24 June 2026
Date this disclosure made: 25 June 2026
Date last disclosure made: 12 March 2026

Substantial product holder(s) giving disclosure
Full name(s): FirstCape Group Limited


Summary of substantial holding:
Class of quoted voting products:
Ordinary Shares (Shares)
Summary for: FirstCape Group Limited (FirstCape)
For this
disclosure -
(a) total number held in class: 10,525,901
(b) total in class: 178,994,863
(c) total percentage held in class: 5.880%
For last
disclosure -
(a) total number held in class: 12,329,300
(b) total in class: 178,994,863
(c) total percentage held in class: 6.888%

Details of transactions and events giving rise to relevant event:
The transactions/events giving rise to this disclosure obligation are on-market buy and sell trades and off market transfers by FirstCape Group Limited
since the previous disclosure on 12 March 2026 as summarised in the table below.

Details for:
Harbour Asset Management
Limited
BNZ Investment Services
Limited
JBWere (NZ) Limited Consilium Limited
Nature of relevant
interest(s):
Relevant interest in Shares
that FirstCape wholly-owned
subsidiary Harbour Asset
Management Limited
(Harbour) has a relevant
interest in. Harbour has the
power to exercise (or control
the exercise of) rights to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), Shares under
investment powers contained
in trust deeds or investment
management agreements
with clients, including BNZ
Investments Limited (see
right). FirstCape has those
powers and controls
indirectly, as the ultimate
owner of Harbour.
Relevant interest in Shares
that its wholly-owned
subsidiary BNZ Investment
Services Limited (BNZIL)
has a relevant interest in.
BNZIL has a beneficial
ownership interest in these
shares, which are managed
by Harbour under an
investment management
agreement, so are also
included in Harbour’s
interest referred to the left.
Relevant interest in Shares
that its wholly-owned
subsidiary JBWere (NZ)
Limited has a relevant
interest in. JBWere (NZ)
Limited has the power to
exercise (or control the
exercise of) rights to vote
attached to, and power to
acquire or dispose of (or
control the acquisition or
disposal of), Shares under
the terms of investment
management agreements
with clients (who are the
beneficial owners of the
Shares). FirstCape has those
powers and controls
indirectly, as the ultimate
owner of JBWere (NZ)
Limited.

Relevant interest in Shares
that its wholly-owned
subsidiary Consilium Limited
(Consilium) has a relevant
interest in. Consilium has the
power to exercise (or control
the exercise of) rights to
vote attached to Shares
under the terms of
investment management
agreements with clients (who
are the beneficial owners of
the Shares). FirstCape has
those powers and controls
indirectly, as the ultimate
owner of Consilium.

On-market purchases
– Number of Shares
299,144 21,360 166,506 600
On-market purchases
– Gross Consideration
$3,891,712.55 $274,316.68
$ 2,182,163.27 $7,494.26
On-market sales –
Number of Shares
2,104,805 703,218 213,095 N/A
On-market sales –
Gross Consideration
$27,102,446.10 $8,937,478.86 $2,756,965.81 N/A
Net transfers into
DIMS
N/A N/A 48,251 N/A

Details after relevant event:
Details for: Harbour BNZIL JBWere (NZ) Limited
Consilium Limited
Number held in class
after the relevant
event:
5,575,701 1,825,741 4,949,600 600
Percentage held in
class:
3.115% 1.020% 2.765% 0.000%
Current registered
holder of financial
products:
For on market purchases:
Unknown
For on market sales: Various
nominees or custodians for
and on behalf of Harbour
Asset Management Limited
For on market purchases:
Unknown
For on market sales:
Various nominees or
custodians for and on
behalf of Harbour Asset
Management Limited
For on-market purchases:
Unknown
For on-market sales: JBWere
(NZ) Nominees Limited &
FNZ Custodians Limited
For on-market purchases:
Unknown

For on-market sales: FNZ
Custodians Limited

Registered holder of
financial products
once transfer is
registered:
For on market purchases:
Various nominees or
custodians for and on behalf
of Harbour Asset Management
Limited
For on market sales: Unknown
For on market purchases:
Various nominees or
custodians for and on
behalf of Harbour Asset
Management Limited
For on market sales:
Unknown
For on-market purchases:
JBWere (NZ) Nominees
Limited & FNZ Custodians
Limited
For on-market sales:
Unknown
For on-market purchases:
FNZ Custodians Limited

For on-market sales:
Unknown

Additional information:

Address(es) of substantial
product holder(s):
Level 21, 171 Featherston Street, Wellington
Contact details:
Madeleine Pumphrey
M +04 474 4400
Madeleine.pumphrey@jbwere.co.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: None.
Certification:
I, Madeleine Pumphrey, 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.