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AMP LIMITED Major Shareholding Notification 2025

Aug 17, 2025

64379_rns_2025-08-17_84c46182-e0c6-472d-a335-e6957469cfd8.pdf

Major Shareholding Notification

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Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme AMP Ltd ACN/ARSN 079 354 519

1. Details of substantial holder (1)

PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED (AND ITS SUBSIDIARIES Name LISTED IN ANNEXURE A) ACN/ARSN (if applicable) 100 325 184

There was a change in the interests of the substantial holder on 13/08/2025 The previous notice was given to the company on 27/06/2025 The previous notice was dated 25/06/2025

2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4) Previous notice Present notice
Person’s votes Voting power(5) Person’s votes Voting power(5)
ORDINARY FULLY PAID 154,697,952 6.11% 181,004,455 7.15%
REFER TO
ANNEXURE A
PART 1 AND
PART 2

3. 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:

Date of
change
REFER TO
ANNEXURE
B		 Person whose
relevant interest
changed		 Nature of change (6) Consideration given in
relation to change (7)		 Class and number
of securities
affected		 Person's votes
affected

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of
relevant
interest
REFER TO
ANNEXURE
C		 Registered holder
of securities		 Person entitled to be
registered as holder
(8)		 Nature of relevant
interest (6)		 Class and number
of securities		 Person's votes

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association NO CHANGES - REFER TO ANNEXURE D FOR PRESENT ASSOCIATIONS

6. Addresses

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

Name Address
REFER TO ANNEXURE E

Signature

re
print name
sign here		 CALVIN KWOK
capacity
COMPANY SECRETARY
date
18/08/2025

DIRECTIONS

  • (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

  • (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

  • (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

  • (4) The voting shares of a company constitute one class unless divided into separate classes.

  • (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

  • (6) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

  • (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

  • (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

  • (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

AMP Ltd Annexure A - Part 1

AMP Ltd
Annexure A - Part 1
Holder of relevant interest Nature of relevant interest Number of
securities		 Class of
securities
Pinnacle Investment Management Group Limited (ACN 100 325 184)
Pinnacle Investment Management Limited (ACN 109 659 109)
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)
Pingroup IM Limited (US) (EIN 85-0920129)		 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.		 181,004,455 Ordinary
fully paid
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.		 181,004,455 Ordinary
fully paid

This is Annexure "A - Part 1" as mentioned in form 604 Notice of change of interests of substantial holder

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Calvin Kwok Company Secretary Date: 18/08/2025

AMP Ltd

Annexure A - 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 Limited (ACN 605 806 059) Five V Capital Pty Limited (ACN 162 193 928) Hyperion Asset Management Limited (ACN 080 135 897) Langdon Equity Partners Limited (CA) (NRD 73210) Life Cycle Investment Partners Limited (UK) (Company Number 15633723) 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) Solaris Investment Management Limited (ACN 128 512 621) Riparian Capital Partners Pty Ltd (ACN 630 179 752)

This is Annexure "A - Part 2" as mentioned in form 604 Notice of change of interests of substantial holder

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Calvin Kwok Company Secretary Date: 18/08/2025

AMP Ltd

AMP Ltd AMP Ltd
Annexure B
Date of
change		 Person whose relevant
interest changed		 Nature of
change		 Consideration Class of Securities Number of
securities		 Person's votes
affected
Cash Non-cash
01/07/2025 Pinnacle Investment
Management Group
Limited (and its
subsidiaries listed in
Annexure A)		 Purchase 210,195.44
$		 ORDINARY FULLY PAID 165,378 165,378
02/07/2025 As above Purchase 139,357.46
$		 ORDINARY FULLY PAID 104,851 104,851
04/07/2025 As above Sale 912,867.19
-$		 ORDINARY FULLY PAID 645,212
-		 645,212
-
07/07/2025 As above Purchase 1,023,519.81
$		 ORDINARY FULLY PAID 717,782 717,782
08/07/2025 As above Purchase 984,347.95
$		 ORDINARY FULLY PAID 684,752 684,752
09/07/2025 As above Purchase 872,920.05
$		 ORDINARY FULLY PAID 600,000 600,000
10/07/2025 As above Purchase 1,496,041.62
$		 ORDINARY FULLY PAID 1,023,706 1,023,706
11/07/2025 As above Purchase 1,018,790.36
$		 ORDINARY FULLY PAID 698,457 698,457
14/07/2025 As above Purchase 98,129.86
$		 ORDINARY FULLY PAID 66,295 66,295
15/07/2025 As above Purchase 4,554,086.90
$		 ORDINARY FULLY PAID 2,981,330 2,981,330
17/07/2025 As above Purchase 1,036,209.86
$		 ORDINARY FULLY PAID 676,100 676,100
17/07/2025 As above Sale 3,057,347.02
-$		 ORDINARY FULLY PAID 2,000,000
-		 2,000,000
-
18/07/2025 As above Sale 1,529,971.37
-$		 ORDINARY FULLY PAID 1,000,000
-		 1,000,000
-
21/07/2025 As above Purchase 3,376,007.58
$		 ORDINARY FULLY PAID 2,060,300 2,060,300
21/07/2025 As above Sale 3,335,687.03
-$		 ORDINARY FULLY PAID 2,000,000
-		 2,000,000
-
22/07/2025 As above Purchase 396,034.22
$		 ORDINARY FULLY PAID 236,396 236,396
23/07/2025 As above Purchase 391,757.11
$		 ORDINARY FULLY PAID 236,397 236,397
23/07/2025 As above Sale 234,187.68
-$		 ORDINARY FULLY PAID 141,581
-		 141,581
-
24/07/2025 As above Sale 313,773.00
-$		 ORDINARY FULLY PAID 188,181
-		 188,181
-
25/07/2025 As above Purchase 1,023,897.51
$		 ORDINARY FULLY PAID 645,300 645,300
25/07/2025 As above Sale 301,392.29
-$		 ORDINARY FULLY PAID 188,182
-		 188,182
-
28/07/2025 As above Sale 938,973.71
-$		 ORDINARY FULLY PAID 588,440
-		 588,440
-
29/07/2025 As above Sale 305,649.33
-$		 ORDINARY FULLY PAID 190,025
-		 190,025
-
30/07/2025 As above Purchase 1,609,150.73
$		 ORDINARY FULLY PAID 1,000,000 1,000,000
31/07/2025 As above Purchase 3,377,925.13
$		 ORDINARY FULLY PAID 2,111,598 2,111,598
Date of
change		 Person whose relevant
interest changed		 Nature of
change		 Consideration Consideration Class of Securities Number of
securities		 Person's votes
affected
01/08/2025 As above Purchase 3,249,887.48
$		 ORDINARY FULLY PAID 2,011,273 2,011,273
06/08/2025 As above Purchase 82,826.99
$		 ORDINARY FULLY PAID 49,597 49,597
07/08/2025 As above Purchase 5,868,165.47
$		 ORDINARY FULLY PAID 3,357,789 3,357,789
08/08/2025 As above Purchase 16,603,550.71
$		 ORDINARY FULLY PAID 9,000,000 9,000,000
11/08/2025 As above Purchase 5,313,653.07
$		 ORDINARY FULLY PAID 3,000,000 3,000,000
13/08/2025 As above Purchase 3,477,728.80
$		 ORDINARY FULLY PAID 2,000,000 2,000,000
13/08/2025 As above Sale 310,359.16
-$		 ORDINARY FULLY PAID 179,177
-		 179,177
-

This is Annexure "B" as mentioned in form 604 Notice of change of interests of substantial holder

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Calvin Kwok Company Secretary Date: 18/08/2025

AMP Ltd

Annexure C

AMP Ltd
Annexure C
Holder of relevant interest Registered holder of
securities		 Person entitled to be
registered as holder		 Number of
securities		 Class of
securities		 Person's votes
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 BNP Paribas BNP Paribas 12,210,304 Ordinary fully paid 12,210,304
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 Citicorp Nominees Pty Ltd Citicorp Nominees Pty Ltd 43,985,307 Ordinary fully paid 43,985,307
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 HSBC HSBC 21,219,661 Ordinary fully paid 21,219,661
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 JP Morgan Chase Bank JP Morgan Chase Bank 3,968,400 Ordinary fully paid 3,968,400
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 National Nominees Ltd National Nominees Ltd 27,792,716 Ordinary fully paid 27,792,716
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 Northern Trust Northern Trust 27,739,238 Ordinary fully paid 27,739,238
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 RBC Investor Services
Trust		 RBC Investor Services Trust 15,312,366 Ordinary fully paid 15,312,366
Pinnacle Investment Management
Group Limited (and its subsidiaries
listed in Annexure A)		 State Street - AUS State Street - AUS 28,776,463 Ordinary fully paid 28,776,463

This is Annexure "C" of 1 page as mentioned in form 604 Notice of change of interests of substantial holder

`

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Calvin Kwok Company Secretary Date: 18/08/2025

AMP Ltd
Annexure D		 AMP Ltd
Annexure D		 AMP Ltd
Annexure D
Name ACN Nature of Association
Pinnacle Investment Management Group Limited 100 325 184 Related body corporate of each other entity listed in Annexure D.
Pinnacle Investment Management Limited 109 659 109 Related bodycorporate of each other entitylisted in Annexure D.
Pinnacle Fund Services Limited 082 494 362 Related bodycorporate of each other entitylisted in Annexure D.
Ariano PtyLimited 605 250 799 Related bodycorporate of each other entitylisted in Annexure D.
Next Financial Limited 081 722 894 Related bodycorporate of each other entitylisted in Annexure D.
Next Financial Nominees PtyLtd 093 252 576 Related bodycorporate of each other entitylisted in Annexure D.
Next Financial Nominees No. 2 PtyLtd 132 819 115 Related bodycorporate of each other entitylisted in Annexure D.
Investment Solutions Client Services PtyLtd 117 898 334 Related bodycorporate of each other entitylisted in Annexure D.
PriorityFunds Management PtyLtd 120 826 575 Related bodycorporate of each other entitylisted in Annexure D.
PriorityInvestment Management PtyLtd 116 943 456 Related bodycorporate of each other entitylisted in Annexure D.
PNI Option Plan Managers PtyLtd 116 943 456 Related bodycorporate of each other entitylisted in Annexure D.
Pinnacle RE Services Limited 130 508 379 Related bodycorporate of each other entitylisted in Annexure D.
Pinnacle Services Administration PtyLtd 126 175 148 Related bodycorporate of each other entitylisted in Annexure D.
Pinnacle Investment Management (UK) Limited Company
Number
11026111		 Related body corporate of each other entity listed in Annexure D.
POSH Nominees PtyLimited 620 094 251 Related bodycorporate of each other entitylisted in Annexure D.
Pingroup IM Limited (US) EIN 85-
0920129		 Related body corporate of each other entity listed in Annexure D.

This is Annexure "D" as mentioned in form 604 Notice of change of interests of substantial holder

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Calvin Kwok Company Secretary Date: 18/08/2025

AMP Ltd Annexure E

AMP Ltd
Annexure E
Name Address
Pinnacle Investment Management Group Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Fund Services Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Ariano Pty Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Next Financial Nominees No. 2 Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Investment Solutions Client Services Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Priority Funds Management Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Priority Investment Management Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PNI Option Plan Managers Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Investment Management (UK) Limited 7th Floor, Dashwood House, 69 Old Broad Street, London EC2M 1QS, United Kingdom
Pinnacle RE Services Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
Pinnacle Services Administration Pty Ltd Level 19, 307 Queen St, Brisbane QLD 4000, Australia
POSH Nominees Pty Limited Level 19, 307 Queen St, Brisbane QLD 4000, Australia
PingroupIM Limited(US) c/o TMF GroupNew York,LLC,48 Wall Street,27thFloor,New York NY 10005

This is Annexure "E" as mentioned in form 604 Notice of change of interests of substantial holder

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Calvin Kwok Company Secretary Date: 18/08/2025

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