SPH Notice – Commonwealth Bank of Australia

100080615/3821103.1


 
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 EROAD LIMITED
Relevant event being disclosed: movement of 1 % or more in substantial holding
Date of relevant event: 22-Dec-2021
Date this disclosure made: 24-Dec-2021
Date last disclosure made: 06-Dec-2021


Substantial product holder(s) giving disclosure
Full name(s): Commonwealth Bank of Australia


Summary of substantial holding
Class of quoted voting products: Ordinary shares

Summary for Commonwealth Bank of Australia

For this disclosure,—

(a) total number held in class:
7,374,978
(b) total in class:
110,338,787
(c) total percentage held in class:
6.684%
For last disclosure,—

(a) total number held in class:
6,163,765
(b) total in class:
110,338,787
(c) total percentage held in class: 5.586%

Details of transactions and events giving rise to relevant event

See Appendix A

100080615/3821103.1


 
Details after relevant event
Details for ASB Group Investments Limited Company Number 533945

Nature of relevant interest(s):
Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the
exercise of the power to dispose of securities in its capacity as investment manager, as provided for under its investment mandates,
as a life company holding statutory funds and as the responsible entity or manager of a managed investment scheme.

Number held in class: 830,099

Percentage held in class (%): 0.752%

Custodian Name Custodian Total Holding Custodian Total Holding(%)
Citibank N A Hong Kong 830,099 0.752%



Details for Commonwealth Bank of Australia ACN 123 123 124
Nature of relevant interest(s):
Relevant interest arising as a result of having the power to control the exercise of the right to vote attached to securities and/or to
control the exercise of the power to dispose of securities in a proprietary capacity.

Number held in class: 22,089

Percentage held in class (%): 0.020%

Custodian Name Custodian Total Holding Custodian Total Holding(%)
The Bank Of New York Mellon
22,089 0.020%



Details for Colonial First State Investments Limited ACN 002 348 352

Nature of relevant interest(s):
Relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the
exercise of the power to dispose of securities in its capacity as a responsible entity of a managed investment scheme (which
managed investment scheme is not managed by Colonial First State Investments Limited or a related body corporate).

Number held in class: 6,522,790

Percentage held in class (%): 5.912%

Custodian Name Custodian Total Holding Custodian Total Holding(%)
Citibank N A Hong Kong 6,517,760 5.907%
Northern Trust Company 5,030 0.005%

Grand Total 7,374,978 6.684%


Additional information
Address(es) of substantial product holder(s):

 ASB Group Investments Limited Company Number 533945, Level 2, ASB North Wharf, 12 Jellicoe Street, Auckland, 1010, New Zealand
 Commonwealth Bank of Australia ACN 123 123 124, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia
 Colonial First State Investments Limited ACN 002 348 352, Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia

Contact details:
Renato Stupar, +61 (0) 475 945 221, AUSR_SM02041@cba.com.au

*Nature of connection between substantial product holders:

Commonwealth Bank of Australia is a related body corporate of
ASB Group Investments Limited Company Number 533945

Commonwealth Bank of Australia has the power to acquire or dispose of, or to control the acquisition or disposal of, 20% or more of
the voting products of Colonial First State Investments Ltd, so is deemed to have a relevant interest in the financial products that
Colonial First State Investments Ltd has.

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, Kristy Huxtable, 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.

100080615/3821103.1


 

Appendix A

Details of the transactions or other events requiring disclosure:

Date of Transaction Holder of Relevant Interest Registered Company Bef ore Event Registered Company After Event Nature of Change Class
Number of
Securities
Cash Consideration Currency

Friday, 17 December 2021
ASB Group Investments Limited
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

394,894

2,176,379.30

NZD

Monday, 20 December 2021
ASB Group Investments Limited
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

430

2,317.70

NZD

Monday, 20 December 2021
ASB Group Investments Limited
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

74,533

407,337.75

NZD

Tuesday, 21 December 2021
ASB Group Investments Limited
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

242,770

1,327,053.65

NZD

W ednesday, 22 December 2021
ASB Group Investments Limited
533945

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

117,472

644,498.38

NZD

Thursday, 2 December 2021
Colonial First State Investments
Limited ACN 002 348 352

Northern Trust Company

Unknown

Sale

Ordinary shares

3,723

18,346.57

NZD

Friday, 3 December 2021
Colonial First State Investments
Limited ACN 002 348 352

Northern Trust Company

Unknown

Sale

Ordinary shares

260

1,278.97

NZD

Monday, 6 December 2021
Colonial First State Investments
Limited ACN 002 348 352

Northern Trust Company

Unknown

Sale

Ordinary shares

1,780

8,708.83

NZD

Tuesday, 7 December 2021
Colonial First State Investments
Limited ACN 002 348 352

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

150,000

685,500.00

AUD

Thursday, 9 December 2021
Colonial First State Investments
Limited ACN 002 348 352

Unknown

Citibank N A Hong Kong

Purchase

Ordinary shares

214,788

998,549.41

AUD


W ednesday, 22 December 2021

Commonwealth Bank of Australia ACN
123 123 124

The Bank Of New York Mellon,
Sydney Branch


Unknown
Borrow Decrease, Merrill
Lynch International, See
Appendix B


Ordinary shares


26,352


N/A


USD


Tuesday, 21 December 2021

Commonwealth Bank of Australia ACN
123 123 124


Unknown

The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Merrill
Lynch International, See
Appendix B


Ordinary shares


26,352


N/A


USD


W ednesday, 22 December 2021

Commonwealth Bank of Australia ACN
123 123 124


Unknown

The Bank Of New York Mellon,
Sydney Branch
Borrow Increase, Merrill
Lynch International, See
Appendix B


Ordinary shares


22,089


N/A


NZD

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Merrill Lynch International
Appendix B



Type of agreement: Global Master Securities Lending Agreement

Parties to agreement:
(1) Commonwealth Bank of Australia and (2)
Merrill Lynch International
Can the parties exercise voting rights attaching to the securities? No
If yes, in what circumstances? N/A
Date on which the securities were (or are) expected to be delivered to the
borrower or its nominee (ie borrow date):
The dates indicated in Annexure B on which
securities were borrowed.
Scheduled date (if any) when the securities are expected to be returned to the
lender or its nominee (ie return date):

Any particular day.
Does the borrower have the right to return the securities early? [Yes/No] Yes
If yes, in which circumstances? At any time subject to giving notice.
Does the lender have the right to recall the securities early (ie before the
scheduled return date)? [Yes/No]

Yes
If yes, in which circumstances? At any time subject to giving notice.
Are there circumstances in which the borrower will not be required to return the
securities on settlement? [Yes/No]

No
If yes, in which circumstances? N/A