ALS LIMITED — Major Shareholding Notification 2023

Aug 14, 2023

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme ACN/ARSN 1. Details of substantial holder (1) Name ACN/ARSN (if applicable) The holder became a substantial holder on	ALS Limited 009 657 489 Vanguard Group (The Vanguard Group, Inc. and its controlled entities including those
	listed in Annexure A)
	N/A
	9 August 2023

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person’s votes (5)	Voting power (6)
Ordinary	24,229,871	24,229,871	5.004

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

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Holder of relevant interest Nature of relevant interest (7) Class and number of securities
Vanguard Group Vanguard Group is the manager of various Mutual funds Ordinary – 24,229,871
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and accounts and in that capacity has the power to dispose of the shares. The other members of Vanguard Group have a relevant interest under section 608(3) of the Corporations Act.

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

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Holder of relevant Registered holder Person entitled to be registered as holder (8) Class and number of
interest of securities
securities
Vanguard Group Brown Brothers Various funds and other accounts of Vanguard Group Ordinary – 759,716
Harriman
Vanguard Group BNY Mellon Various funds and other accounts of Vanguard Group Ordinary – 1,565,891
Vanguard Group JP Morgan Chase Various funds and other accounts of Vanguard Group Ordinary – 17,511,508
Bank, N.A.
Vanguard Group State Street Bank Various funds and other accounts of Vanguard Group Ordinary – 4,391,536
and Trust
Company
Vanguard Personalized Various Others Various funds and other accounts of Vanguard Group Ordinary – 1,220
Indexing Management LLC
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5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

stantial holder is as follows:
Holder of relevant interest	Date of acquisition	Consideration (9)	Class and number of securities
	See Annexure A

603 page 2/2

15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Vanguard Group	P.O. Box 2600, V26 Valley Forge, PA 19482 USA

print name Shawn Acker capacity Compliance Manager

sign here date 14 August 2023

Annexure A

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To Company ALS Limited
ACN/ARSN 009 657 489
Substantial Holder Name Vanguard Group
ACN/ARSN N/A
Consideration
Nature of given in relation Number of securities Person's votes
Date of change Person whose relevant interest changed Change(6) to change(7) Class affected affected
11-Apr-2023 The Vanguard Group, Inc. BUY 12.93 Ordinary 24,344 24,344
12-Apr-2023 The Vanguard Group, Inc. BUY 13.04 Ordinary 170 170
12-Apr-2023 The Vanguard Group, Inc. BUY 13.04 Ordinary 170 170
12-Apr-2023 The Vanguard Group, Inc. BUY 12.99 Ordinary 23,170 23,170
12-Apr-2023 The Vanguard Group, Inc. BUY 13.05 Ordinary 3,410 3,410
12-Apr-2023 The Vanguard Group, Inc. BUY 12.99 Ordinary 10,637 10,637
14-Apr-2023 The Vanguard Group, Inc. SELL 12.92 Ordinary (972) (972)
17-Apr-2023 The Vanguard Group, Inc. BUY 12.96 Ordinary 292 292
17-Apr-2023 The Vanguard Group, Inc. BUY 12.96 Ordinary 798 798
17-Apr-2023 The Vanguard Group, Inc. SELL 12.96 Ordinary (4,908) (4,908)
18-Apr-2023 The Vanguard Group, Inc. BUY 13.05 Ordinary 171 171
20-Apr-2023 The Vanguard Group, Inc. BUY 13.06 Ordinary 438 438
21-Apr-2023 The Vanguard Group, Inc. BUY 13.02 Ordinary 804 804
21-Apr-2023 The Vanguard Group, Inc. BUY 13.02 Ordinary 30,863 30,863
24-Apr-2023 The Vanguard Group, Inc. BUY 13.17 Ordinary 172 172
24-Apr-2023 The Vanguard Group, Inc. BUY 13.22 Ordinary 2,046 2,046
26-Apr-2023 The Vanguard Group, Inc. BUY 13.41 Ordinary 171 171
27-Apr-2023 The Vanguard Group, Inc. BUY 13.12 Ordinary 438 438
27-Apr-2023 The Vanguard Group, Inc. BUY 13.12 Ordinary 1,168 1,168
27-Apr-2023 The Vanguard Group, Inc. BUY 13.12 Ordinary 336 336
2-May-2023 The Vanguard Group, Inc. SELL 12.83 Ordinary (2,364) (2,364)
2-May-2023 The Vanguard Group, Inc. BUY 12.83 Ordinary 7,837 7,837
3-May-2023 The Vanguard Group, Inc. BUY 12.68 Ordinary 340 340
3-May-2023 The Vanguard Group, Inc. BUY 12.63 Ordinary 3,410 3,410
4-May-2023 The Vanguard Group, Inc. BUY 13.04 Ordinary 438 438
5-May-2023 The Vanguard Group, Inc. BUY 12.89 Ordinary 340 340
8-May-2023 The Vanguard Group, Inc. BUY 12.64 Ordinary 4,092 4,092
9-May-2023 The Vanguard Group, Inc. BUY 12.49 Ordinary 292 292
9-May-2023 The Vanguard Group, Inc. BUY 12.49 Ordinary 170 170
9-May-2023 The Vanguard Group, Inc. BUY 12.45 Ordinary 940 940
12-May-2023 The Vanguard Group, Inc. BUY 12.57 Ordinary 3,410 3,410
15-May-2023 The Vanguard Group, Inc. BUY 12.57 Ordinary 16,165 16,165
16-May-2023 The Vanguard Group, Inc. BUY 12.36 Ordinary 7,480 7,480
17-May-2023 The Vanguard Group, Inc. BUY 12.36 Ordinary 3,410 3,410
17-May-2023 The Vanguard Group, Inc. BUY 12.26 Ordinary 39,047 39,047
19-May-2023 The Vanguard Group, Inc. BUY 12.41 Ordinary 438 438
23-May-2023 The Vanguard Group, Inc. BUY 12.28 Ordinary 4,092 4,092
26-May-2023 The Vanguard Group, Inc. BUY 12.26 Ordinary 438 438
26-May-2023 The Vanguard Group, Inc. BUY 12.38 Ordinary 3,410 3,410
31-May-2023 The Vanguard Group, Inc. SELL 11.55 Ordinary (10,278) (10,278)
7-Jun-2023 The Vanguard Group, Inc. BUY 11.52 Ordinary 340 340
8-Jun-2023 The Vanguard Group, Inc. BUY 11.66 Ordinary 730 730
9-Jun-2023 The Vanguard Group, Inc. BUY 11.42 Ordinary 15,749 15,749
13-Jun-2023 The Vanguard Group, Inc. BUY 11.36 Ordinary 292 292
13-Jun-2023 The Vanguard Group, Inc. BUY 11.36 Ordinary 1,224 1,224
14-Jun-2023 The Vanguard Group, Inc. BUY 11.39 Ordinary 252 252
27-Jun-2023 The Vanguard Group, Inc. BUY 11.12 Ordinary 254 254
27-Jun-2023 The Vanguard Group, Inc. BUY 11.12 Ordinary 70,188 70,188
28-Jun-2023 The Vanguard Group, Inc. BUY 11.21 Ordinary 30,244 30,244
29-Jun-2023 The Vanguard Group, Inc. SELL 11.21 Ordinary (13,232) (13,232)
6-Jul-2023 The Vanguard Group, Inc. BUY 10.94 Ordinary 411 411
6-Jul-2023 The Vanguard Group, Inc. SELL 10.94 Ordinary (2,330) (2,330)
7-Jul-2023 The Vanguard Group, Inc. BUY 10.62 Ordinary 1,864 1,864
12-Jul-2023 The Vanguard Group, Inc. BUY 10.89 Ordinary 756 756
12-Jul-2023 The Vanguard Group, Inc. BUY 10.89 Ordinary 932 932
13-Jul-2023 The Vanguard Group, Inc. BUY 11.34 Ordinary 5,120 5,120
19-Jul-2023 The Vanguard Group, Inc. BUY 11.54 Ordinary 798 798
21-Jul-2023 The Vanguard Group, Inc. BUY 11.37 Ordinary 5,120 5,120
21-Jul-2023 The Vanguard Group, Inc. BUY 11.37 Ordinary 4,480 4,480
25-Jul-2023 The Vanguard Group, Inc. BUY 11.45 Ordinary 932 932
31-Jul-2023 The Vanguard Group, Inc. BUY 11.74 Ordinary 274 274
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Page 1 of 2

Annexure A

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Consideration
Nature of given in relation Number of securities Person's votes
Date of change Person whose relevant interest changed Change(6) to change(7) Class affected affected
31-Jul-2023 The Vanguard Group, Inc. BUY 11.74 Ordinary 798 798
2-Aug-2023 The Vanguard Group, Inc. BUY 11.84 Ordinary 10,996 10,996
2-Aug-2023 The Vanguard Group, Inc. SELL 11.76 Ordinary (3,200) (3,200)
3-Aug-2023 The Vanguard Group, Inc. BUY 11.86 Ordinary 3,840 3,840
3-Aug-2023 The Vanguard Group, Inc. BUY 11.86 Ordinary 10,846 10,846
9-Aug-2023 The Vanguard Group, Inc. BUY 12.02 Ordinary 106,882 106,882
17-Apr-2023 Vanguard Investments Australia Ltd. BUY 12.96 Ordinary 4,608 4,608
18-Apr-2023 Vanguard Investments Australia Ltd. BUY 13.05 Ordinary 19,629 19,629
21-Apr-2023 Vanguard Investments Australia Ltd. BUY 13.02 Ordinary 3,150 3,150
2-May-2023 Vanguard Investments Australia Ltd. BUY 12.90 Ordinary 4,180 4,180
3-May-2023 Vanguard Investments Australia Ltd. BUY 12.63 Ordinary 33,409 33,409
3-May-2023 Vanguard Investments Australia Ltd. BUY 12.67 Ordinary 50,115 50,115
3-May-2023 Vanguard Investments Australia Ltd. BUY 12.68 Ordinary 3,762 3,762
5-May-2023 Vanguard Investments Australia Ltd. BUY 12.89 Ordinary 4,722 4,722
10-May-2023 Vanguard Investments Australia Ltd. BUY 12.49 Ordinary 9,438 9,438
11-May-2023 Vanguard Investments Australia Ltd. BUY 12.62 Ordinary 3,368 3,368
12-May-2023 Vanguard Investments Australia Ltd. BUY 12.56 Ordinary 3,368 3,368
16-May-2023 Vanguard Investments Australia Ltd. BUY 12.27 Ordinary 4,710 4,710
19-May-2023 Vanguard Investments Australia Ltd. BUY 12.41 Ordinary 9,420 9,420
24-May-2023 Vanguard Investments Australia Ltd. BUY 12.40 Ordinary 6,280 6,280
26-May-2023 Vanguard Investments Australia Ltd. BUY 12.26 Ordinary 3,140 3,140
31-May-2023 Vanguard Investments Australia Ltd. SELL 11.55 Ordinary (9,824) (9,824)
1-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.51 Ordinary 4,180 4,180
1-Jun-2023 Vanguard Investments Australia Ltd. SELL 11.51 Ordinary (11,286) (11,286)
2-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.68 Ordinary 4,665 4,665
6-Jun-2023 Vanguard Investments Australia Ltd. SELL 11.58 Ordinary (8,778) (8,778)
7-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.52 Ordinary 2,926 2,926
9-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.44 Ordinary 3,352 3,352
15-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.60 Ordinary 3,789 3,789
19-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.68 Ordinary 3,110 3,110
26-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.16 Ordinary 3,312 3,312
27-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.08 Ordinary 3,735 3,735
27-Jun-2023 Vanguard Investments Australia Ltd. BUY 11.08 Ordinary 4,668 4,668
30-Jun-2023 Vanguard Investments Australia Ltd. SELL 11.16 Ordinary (8,853) (8,853)
3-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.25 Ordinary 6,544 6,544
3-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.25 Ordinary 1,535 1,535
4-Jul-2023 Vanguard Investments Australia Ltd. SELL 11.22 Ordinary (26,585) (26,585)
5-Jul-2023 Vanguard Investments Australia Ltd. SELL 11.13 Ordinary (20,300) (20,300)
5-Jul-2023 Vanguard Investments Australia Ltd. SELL 11.13 Ordinary (4,060) (4,060)
7-Jul-2023 Vanguard Investments Australia Ltd. BUY 10.62 Ordinary 4,040 4,040
10-Jul-2023 Vanguard Investments Australia Ltd. BUY 10.60 Ordinary 6,834 6,834
19-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.54 Ordinary 3,940 3,940
20-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.43 Ordinary 1,975 1,975
20-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.43 Ordinary 4,611 4,611
24-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.23 Ordinary 3,160 3,160
25-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.45 Ordinary 20,059 20,059
25-Jul-2023 Vanguard Investments Australia Ltd. BUY 11.45 Ordinary 3,086 3,086
26-Jul-2023 Vanguard Investments Australia Ltd. SELL 11.30 Ordinary (44,747) (44,747)
3-Aug-2023 Vanguard Investments Australia Ltd. BUY 11.88 Ordinary 3,216 3,216
4-Aug-2023 Vanguard Investments Australia Ltd. BUY 11.98 Ordinary 4,641 4,641
9-Aug-2023 Vanguard Investments Australia Ltd. BUY 12.02 Ordinary 4,050 4,050
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This is Annexure A of 2 page referred to in Form 603, Notice of initial substantial holder.

Signature: Name: Shawn Acker Capacity: Compliance Manager Date: 14 August 2023

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