SPH Notice – Hyperion Asset Management Limited

1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX and ASX
and
To Fisher & Paykel Healthcare Corp. Ltd
Date this disclosure made: 20/10/2025
Date on which substantial holding began:16/10/2025
Substantial product holder(s) giving disclosure
Full name(s): Hyperion Asset management Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Hyperion Asset Management Limited
For this disclosure,—
(a) total number held in class: 30,432,527
(b) total in class: 587,262,856
(c) total percentage held in class: 5.182%
Details of relevant interests
Details for Hyperion Asset Management Limited
Nature of relevant interest(s): Hyperion Asset Management Limited in its capacity as
investment manager has the power to control voting and/or disposal of securities.
For that relevant interest,—
(a) number held in class: 30,432,527
(b) percentage held in class: 5.182%
(c) current registered holder(s):
Holder of
relevant interest
Registered
holder of
securities
Person
entitled to be
registered as
holder
Number
of
securities
Class of
securities
Hyperion Asset
Management
BNP Paribas
Australia Ltd
BNP Paribas
Australia Ltd
852,544 Ordinary
fully paid
Hyperion Asset
Management
Citicorp Nominees
Pty Ltd
Citicorp
Nominees Pty
Ltd
13,889,750 Ordinary
fully paid

2
Hyperion Asset
Management
JP Morgan Chase
Nominees Pty Ltd
JP Morgan
Chase Nominees
Pty Ltd
5,197,407 Ordinary
fully paid
Hyperion Asset
Management
Northern Trust Pty
Ltd
Northern Trust
Pty Ltd
515,284 Ordinary
fully paid
Hyperion Asset
Management
State Street
Australia Pty Ltd
State Street
Australia Pty Ltd
9,977,542 Ordinary
fully paid

(d) registered holder(s) once transfers are registered: N/A
For a derivative relevant interest, also—
(a) type of derivative: N/A
(b) details of derivative: N/A
(c) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative:N/A
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Refer to Annexure A
Additional information
Address(es) of substantial product holder(s): Level 19, 307 Queen St, Brisbane QLD
4000, Australia
Contact details: Terence Kwong, terence.kwong@pinnacleinvestment.com , +61 2
8970 7748

Certification


I, Terence Kwong, 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.

FISHER & PAYKEL HEALTHCARE CORP. LTD
Annexure A
Holder of relevant
interest
Trade Date
Nature of
change
Number of
securities
Class of Securities
CashNon-cash
Hyperion Asset
Management Limited
23/06/2025Purchase
444,860.94$ 12,154
ORDINARY FULLY
PAID
As above
25/06/2025Purchase
1,004,799.40$
27,486
ORDINARY FULLY
PAID
As above
01/07/2025Purchase
4,721,208.07$ 127,449
ORDINARY FULLY
PAID
As above
02/07/2025Purchase
24,733,936.70$ 661,606
ORDINARY FULLY
PAID
As above
03/07/2025Purchase
17,365,170.48$ 470,374
ORDINARY FULLY
PAID
As above
04/07/2025Purchase
5,206,849.22$
142,378
ORDINARY FULLY
PAID
As above
08/07/2025Purchase
350,700.94$ 9,520
ORDINARY FULLY
PAID
As above
09/07/2025Purchase
438,585.43$ 11,959
ORDINARY FULLY
PAID
As above
10/07/2025Purchase
539,629.83$ 14,799
ORDINARY FULLY
PAID
As above
14/07/2025
In-specie
transfer out
20,252,886.85-$ 568,932-
ORDINARY FULLY
PAID
As above
14/07/2025Purchase
28,383,932.08$
796,552
ORDINARY FULLY
PAID
As above
15/07/2025Purchase
1,966,564.24$
55,085
ORDINARY FULLY
PAID
As above
16/07/2025
Purchase
5,140,124.53$ 142,827
ORDINARY FULLY
PAID
As above
17/07/2025Purchase
2,859,293.89$ 78,110
ORDINARY FULLY
PAID
As above
21/07/2025Purchase
17,285,641.29$
470,000
ORDINARY FULLY
PAID
As above
22/07/2025Purchase
4,523,432.16$
122,992
ORDINARY FULLY
PAID
As above
24/07/2025Purchase
4,710,796.17$
128,644
ORDINARY FULLY
PAID
As above
29/07/2025Purchase
5,890,933.61$ 160,895
ORDINARY FULLY
PAID
As above
31/07/2025Purchase
169,369.34$ 4,572
ORDINARY FULLY
PAID
As above
04/08/2025Purchase
6,356,243.86$ 177,376
ORDINARY FULLY
PAID
As above
06/08/2025Purchase
11,074,171.71$ 299,838
ORDINARY FULLY
PAID
As above
08/08/2025Purchase
11,433,326.21$ 307,721
ORDINARY FULLY
PAID
As above
13/08/2025Purchase
6,187,168.55$ 167,261
ORDINARY FULLY
PAID
As above
14/08/2025Purchase
8,927,322.94$ 240,064
ORDINARY FULLY
PAID
Consideration (NZD)

Holder of relevant
interest
Trade Date
Nature of
change
Number of
securities
Class of Securities
Consideration (NZD)
As above
01/09/2025Purchase
708,716.69$ 19,241
ORDINARY FULLY
PAID
As above
04/09/2025Sale
3,230,622.34-$ 87,401-
ORDINARY FULLY
PAID
As above
05/09/2025Purchase
877,575.15$
23,223
ORDINARY FULLY
PAID
As above
22/09/2025Sale
4,677,994.33-$ 123,643-
ORDINARY FULLY
PAID
As above
29/09/2025Purchase
404,136.95$ 11,009
ORDINARY FULLY
PAID
As above
03/10/2025
Purchase
1,650,513.24$ 43,693
ORDINARY FULLY
PAID
As above
06/10/2025Purchase
509,741.51$
13,475
ORDINARY FULLY
PAID
As above
07/10/2025Purchase
3,625,755.38$ 95,161
ORDINARY FULLY
PAID
As above
08/10/2025
Purchase
4,625,011.50$ 122,592
ORDINARY FULLY
PAID
As above
16/10/2025Purchase
42,674,072.14$
1,180,292
ORDINARY FULLY
PAID
Terence Kwong
Company Secretary
Date: 20/10/2025