SPH Notice – Pinnacle Investment Management Group Limited

1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange and Australian Stock Exchange
and
To Fisher & Paykel Healthcare Corp. Ltd.
Date this disclosure made: 16 May 2022
Date on which substantial holding began: 12 May 2022
Substantial product holder(s) giving disclosure
Full name(s): Pinnacle Investment Management Group Limited (and its subsidiaries listed
in Annexure A)
Summary of substantial holding
Class of quoted voting products: Common Stock (FPH)
Summary for Full name(s): Pinnacle Investment Management Group Limited (and its
subsidiaries listed in Annexure A)
For this disclosure,—
(a) total number held in class: 29,363,690
(b) total in class: 577,290,600
(c) total percentage held in class: 5.09%
Details of relevant interests
Details for Pinnacle Investment Management Group Limited (and its subsidiaries listed in
Annexure A)
Nature of relevant interest(s): Relevant interest held through the power to control voting
and/or disposal of securities in its capacity as responsible entity or trustee of registered or
unregistered schemes and/or relevant interest by virtue of section 237 of the Financial
Markets Conduct Act 2013 as it has the power to exercise, or control the exercise of, the
right to vote attached to 20% or more of the voting products in one or more affiliated
investment managers (see Annexure A – Part 2) who each in turn hold relevant interests in
the financial products the subject of this notice. Relevant agreement documents need not
be attached under regulation 139.
For that relevant interest,—
(a) number held in class: 29,363,690
(b) percentage held in class: 5.09%
(c) current registered holder(s): Annexure B
(d) registered holder(s) once transfers are registered: N/A

2


Details of transactions and events giving rise to substantial holding Certification

Holder of
relevant
interest
Trade Date Consideration
Number of
securities Class of Securities
Cash Non-cash
Pinnacle
Investment
Management
Group
Limited (and
its
subsidiaries
listed in
Annexure A) 20/01/2022 $ 2,326,540.03 81,605
ORDINARY FULLY PAID
As above 21/01/2022 $ 1,867,675.37 66,515 ORDINARY FULLY PAID
As above 24/01/2022 $ 26,451,225.99 946,483 ORDINARY FULLY PAID
As above 25/01/2022 -$ 2,109,443.78 - 75,360 ORDINARY FULLY PAID
As above 28/01/2022 -$ 99,375.20 - 3,677 ORDINARY FULLY PAID
As above 31/01/2022 $ 3,914,447.22 147,664 ORDINARY FULLY PAID
As above 1/02/2022 $ 2,490,519.97 92,456 ORDINARY FULLY PAID
As above 2/02/2022 $ 2,690,507.10 97,200 ORDINARY FULLY PAID
As above 4/02/2022 -$ 464,307.76 - 16,828 ORDINARY FULLY PAID
As above 7/02/2022 $ 129,149.04 4,738 ORDINARY FULLY PAID
As above 10/02/2022 -$ 3,134,853.81 - 109,788 ORDINARY FULLY PAID
As above 11/02/2022 -$ 181,514.44 - 6,630 ORDINARY FULLY PAID
As above 14/02/2022 -$ 2,608,832.12 - 99,396 ORDINARY FULLY PAID
As above 15/02/2022 -$ 2,141,874.17 - 82,997 ORDINARY FULLY PAID
As above 16/02/2022 $ 1,904,281.70 71,486 ORDINARY FULLY PAID
As above 17/02/2022 $ 2,982,708.96 109,482 ORDINARY FULLY PAID

3
As above 18/02/2022 $ 3,620,422.49 134,316 ORDINARY FULLY PAID
As above 22/02/2022 -$ 140,643.58 - 5,343 ORDINARY FULLY PAID
As above 25/02/2022 $ 482,934.02 18,612 ORDINARY FULLY PAID
As above 3/03/2022 $ 5,375,527.77 206,264 ORDINARY FULLY PAID
As above 4/03/2022 $ 1,747,891.51 67,959 ORDINARY FULLY PAID
As above 7/03/2022 $ 570,861.25 22,414 ORDINARY FULLY PAID
As above 8/03/2022 $ 5,502,114.79 221,656 ORDINARY FULLY PAID
As above 9/03/2022 $ 5,040,870.81 205,140 ORDINARY FULLY PAID
As above 10/03/2022 $ 2,950,265.85 114,887 ORDINARY FULLY PAID
As above 15/03/2022 $ 25,266.96 994 ORDINARY FULLY PAID
As above 16/03/2022 $ 23,089,008.50 898,405 ORDINARY FULLY PAID
As above 18/03/2022 $ 115,343.59 4,445 ORDINARY FULLY PAID
As above 21/03/2022 $ 636,640.82 24,571 ORDINARY FULLY PAID
As above 22/03/2022 $ 122,695.58 4,731 ORDINARY FULLY PAID
As above 24/03/2022 $ 4,021,081.81 175,382 ORDINARY FULLY PAID
As above 25/03/2022 $ 3,017,136.99 133,260 ORDINARY FULLY PAID
As above 28/03/2022 $ 30,221,606.69 1,324,824 ORDINARY FULLY PAID
As above 29/03/2022 $ 15,312,860.46 697,493 ORDINARY FULLY PAID
As above 30/03/2022 $ 12,108,132.24 524,921 ORDINARY FULLY PAID
As above 31/03/2022 $ 7,586,954.76 335,543 ORDINARY FULLY PAID
As above 1/04/2022 $ 9,572,953.37 422,650 ORDINARY FULLY PAID
As above 4/04/2022 $ 10,841,286.69 475,304 ORDINARY FULLY PAID
As above 5/04/2022 $ 2,829,878.13 125,038 ORDINARY FULLY PAID
As above 6/04/2022 $ 7,452,366.38 324,612 ORDINARY FULLY PAID
As above 7/04/2022 $ 377,721.21 17,049 ORDINARY FULLY PAID
As above 8/04/2022 $ 6,651,728.22 300,033 ORDINARY FULLY PAID

4
As above 11/04/2022 $ 4,635,375.09 211,236 ORDINARY FULLY PAID
As above 12/04/2022 $ 9,946,345.28 466,885 ORDINARY FULLY PAID
As above 14/04/2022 $ 3,956,929.58 190,434 ORDINARY FULLY PAID
As above 19/04/2022 $ 392,185.71 19,017 ORDINARY FULLY PAID
As above 21/04/2022 -$ 1,734,858.60 - 83,748 ORDINARY FULLY PAID
As above 22/04/2022 $ 5,365,440.64 260,213 ORDINARY FULLY PAID
As above 26/04/2022 $ 1,894,651.93 93,687 ORDINARY FULLY PAID
As above 27/04/2022 $ 222,922.96 11,277 ORDINARY FULLY PAID
As above 28/04/2022 $ 167,388.33 8,582 ORDINARY FULLY PAID
As above 2/05/2022 $ 6,788.40 345 ORDINARY FULLY PAID
As above 6/05/2022 $ 1,010,795.53 51,060 ORDINARY FULLY PAID
As above 11/05/2022 -$ 172,736.85 - 9,014 ORDINARY FULLY PAID
As above 12/05/2022 $ 20,569,849.65 1,114,897 ORDINARY FULLY PAID

Additional information
Address(es) of substantial product holder(s): Level 35, 60 Margaret Street, Sydney NSW
2000, Australia
Contact details: Calvin Kwok, +61 2 89707718, calvin.kwok@pinnacleinvestment.com

I, Calvin Kwok, 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.

5
Annexure A
Part 1
Holder of relevant interest
Nature of relevant interest
Pinnacle Investment Management Group Limited
Pinnacle Investment Management Limited
Ariano Pty Limited (ACN 605 250 799)
Next Financial Limited (ACN 081 722 894)
Next Financial Nominees Pty Ltd (ACN 093 252 576)
Next Financial Nominees No. 2 Pty Ltd (ACN 132 819 115)
Investment Solutions Client Services Pty Ltd (ACN 117 898 334)
Priority Funds Management Pty Ltd (ACN 120 826 575)
Priority Investment Management Pty Ltd (ACN 116 943 456
PNI Option Plan Managers Pty Ltd (ACN 125 030 766)
Pinnacle RE Services Limited (ACN 130 508 379)
Pinnacle Services Administration Pty Ltd (ACN 126 175 148)
Pinnacle Investment Management (UK) Limited (Company
Number 11026111)
POSH Nominees Pty Limited (ACN 620 094 251)
Relevant interest by virtue of section 608(3)
of the Corporations Act as it or its associates
holds directly or indirectly above 20% voting
power in one or more affiliated investment
managers (see Annexure A – Part 2) and
Pinnacle Fund Services Limited, who each in
turn hold relevant interests in the securities the
subject of this notice.
Pinnacle Fund Services Limited (ACN 082 494 362)
Relevant interest held through the power to
control voting and/or disposal of securities in
its capacity as responsible entity or trustee of
registered or unregistered schemes and/or
relevant interest by virtue of section 608(3)
of the Corporations Act as it or its associates
holds directly or indirectly above 20% voting
power in one or more affiliated investment
managers (see Annexure A – Part 2) who
each in turn hold relevant interests in the
securities the subject of this notice.

6
Part 2
Affiliated Investment Managers in which Pinnacle has over 20% voting power
Aikya Investment Management Limited (UK Company Number: 12329682)
Antipodes Partners Limited (ACN 602 042 035)
Coolabah Capital Investments Pty Ltd (ACN 153 327 872)
Five V Capital Pty Ltd (ACN 162 193 928)
Hyperion Asset Management Limited (ACN 080 135 897)
Metrics Credit Partners Pty Limited (ACN 150 646 996)
Palisade Investment Partners Limited (ACN 124 326 361)
Plato Investment Management Limited (ACN 120 730 136)
Resolution Capital Limited (ACN 108 584 167)
Riparian Capital Partners Pty Ltd (ACN 630 179 752)
Solaris Investment Management Limited (ACN 128 512 621)
Two Trees Investment Management Pty Limited (ACN 616 424 170)

7
Annexure B
Holder of relevant interest
Registered holder
of securities
Person entitled to be
registered as holder
Number of
securities
Class of
securities
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)
Bank of New York Bank of New York 157,451 Ordinary fully paid
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)
BNP Paribas
Securities Services
BNP Paribas Securities
Services
3,654,790 Ordinary fully paid
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)
Citibank Citibank 13,690,797 Ordinary fully paid
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)
JP Morgan Chase
Bank
JP Morgan Chase
Bank
2,728,913 Ordinary fully paid
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)
NAB Custodial
Services
NAB Custodial
Services
1,115,103
Ordinary fully paid
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)
Northern Trust Northern Trust 647,615 Ordinary fully paid
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)
State Street State Street 7,369,021 Ordinary fully paid