Ceasing to be a substantial holder

Form 605
To: Company Name/Scheme:
ACN/ARSN:
1. Details of substantial holder
Name:Mitsubishi UFJ Financial Group, Inc.
The holder ceased to be a substantial holder on:5 December 2023
The previous notice was given to the company on:7 December 2023
The previous notice was dated:7 December 2023
The holder became aware on:7 December 2023
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities
of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are
as follows:
Nature of change
Consideration
given in
relation to
3. Changes in association
The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the
substantial holder in relation to voting interests in the company or scheme are as follows:
Not applicable
4. Addresses
The addresses of persons named in this form are as follows:
5. Signature
Dated 8 December 2023
Authorised signatory
Mitsubishi UFJ Financial Group, Inc. 2-7-1, Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan
Name Address
See annexure A to
this notice
Name and ACN/ARSN (if applicable) Nature of association
Date of
change
Person whose
relevant interest
changed
Class and
number of
securities affected
Person's votes
affected
003 872 848
Downer EDI Limited
Form 605
Corporations Act 2001
Section 671B
Notice of ceasing to be a substantial holder
Page 1

Annexure A
Authorised signatory Dated 8 December 2023
Date of change
Person whose relevant
interest changedNature of change
Consideration
given in relation
to change
Person's votes
affected
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
690.48168
Ordinary
Shares
168
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1444.96352
Ordinary
Shares
352
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2089.45509
Ordinary
Shares
509
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
766.32186
Ordinary
Shares
186
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
6674.531,622
Ordinary
Shares
1,622
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1269.99309
Ordinary
Shares
309
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
22369.605,456
Ordinary
Shares
5,456
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2343.96571
Ordinary
Shares
571
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
877.40214
Ordinary
Shares
214
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
598.60146
Ordinary
Shares
146
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
69.7917
Ordinary
Shares
17
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1389.90339
Ordinary
Shares
339
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1349.64326
Ordinary
Shares
326
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
911.31222
Ordinary
Shares
222
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
50754.3912,349
Ordinary
Shares
12,349
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
114.9428
Ordinary
Shares
28
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1656.33403
Ordinary
Shares
403
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
471.50115
Ordinary
Shares
115
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
3843.96933
Ordinary
Shares
933
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
127.7231
Ordinary
Shares
31
This is annexure A of 5 pages referred to in Form 605, Notice of ceasing to be a substantial holder dated 8 December 2023
Annexure A
Class and number of securities affected
Page 2

Annexure A
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
127.8831
Ordinary
Shares
31
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
3596.25875
Ordinary
Shares
875
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
11581.982,818
Ordinary
Shares
2,818
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
20.535
Ordinary
Shares
5
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2025.40494
Ordinary
Shares
494
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
6243.091,519
Ordinary
Shares
1,519
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2620.32636
Ordinary
Shares
636
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
16851.004,100
Ordinary
Shares
4,100
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
10576.042,567
Ordinary
Shares
2,567
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
13476.703,287
Ordinary
Shares
3,287
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
32.888
Ordinary
Shares
8
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
246.0060
Ordinary
Shares
60
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
7719.741,876
Ordinary
Shares
1,876
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2943.29717
Ordinary
Shares
717
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
4920.001,200
Ordinary
Shares
1,200
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2857.96692
Ordinary
Shares
692
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
176.3043
Ordinary
Shares
43
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
55161.4013,454
Ordinary
Shares
13,454
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
3185.01774
Ordinary
Shares
774
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1087.68264
Ordinary
Shares
264
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1691.26412
Ordinary
Shares
412
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
4471.681,088
Ordinary
Shares
1,088
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2900.48704
Ordinary
Shares
704
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
3890.90949
Ordinary
Shares
949
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
16.484
Ordinary
Shares
4
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
3707.22902
Ordinary
Shares
902
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
3916.83953
Ordinary
Shares
953
Page 3

Annexure A
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
382.7093
Ordinary
Shares
93
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
503.25122
Ordinary
Shares
122
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
661.71161
Ordinary
Shares
161
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
4.111
Ordinary
Share
1
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
311.6076
Ordinary
Shares
76
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
3127.40760
Ordinary
Shares
760
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
5215.201,272
Ordinary
Shares
1,272
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
398.0997
Ordinary
Shares
97
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
4691.101,140
Ordinary
Shares
1,140
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
369.0090
Ordinary
Shares
90
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1435.00350
Ordinary
Shares
350
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1059.09258
Ordinary
Shares
258
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
110.8427
Ordinary
Shares
27
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
168.3141
Ordinary
Shares
41
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
139.9134
Ordinary
Shares
34
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
95005.2023,172
Ordinary
Shares
23,172
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
7574.421,834
Ordinary
Shares
1,834
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
119.1929
Ordinary
Shares
29
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
115.9228
Ordinary
Shares
28
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
11725.522,846
Ordinary
Shares
2,846
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
93295.1922,702
Ordinary
Shares
22,702
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
18357.564,472
Ordinary
Shares
4,472
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
742.50180
Ordinary
Shares
180
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
2687.94654
Ordinary
Shares
654
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
6525.401,580
Ordinary
Shares
1,580
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
62160.1015,161
Ordinary
Shares
15,161
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
13263.503,235
Ordinary
Shares
3,235
Page 4

Annexure A
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1160.43282
Ordinary
Shares
282
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Purchase of securities by
an entity controlled by
Morgan Stanley
1662.46404
Ordinary
Shares
404
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
629.67151
Ordinary
Shares
151
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
1616.02388
Ordinary
Shares
388
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
2214.27531
Ordinary
Shares
531
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
25716.396,167
Ordinary
Shares
6,167
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
27847.046,694
Ordinary
Shares
6,694
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
8783.992,109
Ordinary
Shares
2,109
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
80812.1619,426
Ordinary
Shares
19,426
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
4347.201,040
Ordinary
Shares
1,040
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
6781.101,634
Ordinary
Shares
1,634
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
15779.503,775
Ordinary
Shares
3,775
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
14553.303,490
Ordinary
Shares
3,490
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
5024.851,205
Ordinary
Shares
1,205
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
802.56192
Ordinary
Shares
192
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
1444.55346
Ordinary
Shares
346
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
2085.00500
Ordinary
Shares
500
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
2408.64579
Ordinary
Shares
579
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
341.9482
Ordinary
Shares
82
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
16254.663,898
Ordinary
Shares
3,898
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
30887.647,416
Ordinary
Shares
7,416
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
13225.523,164
Ordinary
Shares
3,164
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
11072.202,668
Ordinary
Shares
2,668
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
553.95133
Ordinary
Shares
133
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
6167.681,472
Ordinary
Shares
1,472
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
5800.471,391
Ordinary
Shares
1,391
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
3781.44909
Ordinary
Shares
909
Page 5

Annexure A
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
2325.45555
Ordinary
Shares
555
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
13501.953,234
Ordinary
Shares
3,234
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
34399.048,269
Ordinary
Shares
8,269
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
296316.8071,230
Ordinary
Shares
71,230
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
45.8711
Ordinary
Shares
11
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
2837.87683
Ordinary
Shares
683
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
2080.00500
Ordinary
Shares
500
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
8665.142,073
Ordinary
Shares
2,073
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
5210.401,248
Ordinary
Shares
1,248
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
5047.581,209
Ordinary
Shares
1,209
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
7629.441,834
Ordinary
Shares
1,834
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
1419.60338
Ordinary
Shares
338
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
6743.361,621
Ordinary
Shares
1,621
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
12777.193,070
Ordinary
Shares
3,070
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
49050.5611,791
Ordinary
Shares
11,791
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Sale of securities by an
entity controlled by
Morgan Stanley
1071.69257
Ordinary
Shares
257
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Borrow Returned by an
entity controlled by
Morgan Stanley - see
Annexure B
N/A38,246
Ordinary
Shares
38,246
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Collateral Returned by an
entity controlled by
Morgan Stanley - see
Annexure B
N/A29,115,317
Ordinary
Shares
29,115,317
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Borrow by an entity
controlled by Morgan
Stanley - see Annexure B
N/A12,597
Ordinary
Shares
12,597
5/12/2023
Mitsubishi UFJ Financial
Group, Inc.
Collateral Returned by an
entity controlled by
Morgan Stanley - see
Annexure B
N/A12,597
Ordinary
Shares
12,597
Page 6

Annexure B
Authorised signatory Dated 8 December 2023
Type of AgreementCustomer Prime Broker Account Agreement
Parties to agreementMorgan Stanley & Co. LLC on behalf of all Morgan Stanley entities and customer PINEBRIDGE PARTNERS MASTER FUND, LP
Transfer Date20231115;
Holder of Voting RightsMorgan Stanley
Are there any restrictions on voting rights?No
Does the borrower have the right to return early?Yes
Does the lender have the right to recall early?Yes
Will the securities be returned on settlement?Yes
Type of AgreementInternational Prime Brokerage Agreement
Parties to agreement
Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley Companies and
CHANNEL INVESTMENT MANAGEMENT LIMITED AS RESPONSIBLE ENTITY FOR CC SAGE CAPITAL ABSOLUTE RETURN FUND
Transfer Date20231205;
Holder of Voting RightsPrime broker has the right to vote securities rehypothecated from the Client.
Are there any restrictions on voting rights?Yes/
No
Does the borrower have the right to return early?Yes/No
Does the lender have the right to recall early?Yes/No
Will the securities be returned on settlement?Yes/No
Type of AgreementInternational Prime Brokerage Agreement
Parties to agreement
Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley Companies and L1
LONG SHORT FUND LIMITED
Transfer Date20231205;
Holder of Voting RightsPrime broker has the right to vote securities rehypothecated from the Client.
Are there any restrictions on voting rights?Yes/No
Does the borrower have the right to return early?Yes/No
Does the lender have the right to recall early?Yes/No
Will the securities be returned on settlement?Yes/No
Type of AgreementInternational Prime Brokerage Agreement
Parties to agreement
Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley Companies and
SAGE CAPITAL ABSOLUTE RETURN MASTER FUND LTD.
Transfer Date20231205;
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an account
shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be
payable.
Schedule
Schedule
If yes, detail Not applicable
Scheduled Return Date (if any)Open
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares by the client.
If yes, detail Not applicable
Scheduled Return Date (if any)Open
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares by the client.
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an account
shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be
payable.
Scheduled Return Date (if any)Open
If yes, detail Morgan Stanley may return rehypothecated shares at any time.
If yes, detail The customer may recall shares from Morgan Stanley at any time.
If yes, detail any exceptions In the ordinary course of business, securities will be returned to customers. Upon a customer Event of Default, Morgan Stanley has the right to set off obligations owed to the
customer against obligations of the customer to Morgan Stanley and to foreclose on any collateral, including rehypothecated securities, for the purpose of arriving at a single closeout amount. In such a
default scenario, Morgan Stanley may do an actual or deemed sale of the rehypothecated securities.
Schedule
Annexure B
This is annexure B of 2 pages referred to in Form 605, Notice of ceasing to be a substantial holder dated 8 December 2023
The below schedules are based on the relevant standard agreements. The entity filing the report will, if requested by the company or responsible entity to whom the
prescribed form must be given or ASIC, give a copy of the agreement to the company, responsible entity or ASIC.
Schedule
If yes, detail Not applicable
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Annexure B
Holder of Voting RightsPrime broker has the right to vote securities rehypothecated from the Client.
Are there any restrictions on voting rights?Yes/No
Does the borrower have the right to return early?Yes/No
Does the lender have the right to recall early?Yes/No
Will the securities be returned on settlement?Yes/No
If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares by the client.
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an account
shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be
payable.
If yes, detail Not applicable
Scheduled Return Date (if any)Open
If yes, detail Prime broker may return shares which were rehypothecated from the client at any time.
Page 8