AMP LIMITED — Major Shareholding Notification 2025

Jun 29, 2025

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 25/06/2025 The previous notice was given to the company on 24/04/2025 The previous notice was dated 22/04/2025

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	129,070,526	5.10%	154,697,952	6.11%
			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 30/06/2025

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	AMP Ltd	AMP Ltd	AMP Ltd	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) PingroupIM 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.	154,697,952	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.	154,697,952	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: 30/06/2025

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: 30/06/2025

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
23/04/2025	Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A)	Purchase	1,268,352.66 $		ORDINARY FULLY PAID	1,073,294	1,073,294
24/04/2025	As above	Purchase	1,213,292.22 $		ORDINARY FULLY PAID	1,002,396	1,002,396
28/04/2025	As above	Purchase	4,779,066.47 $		ORDINARY FULLY PAID	3,825,746	3,825,746
29/04/2025	As above	Purchase	643,910.71 $		ORDINARY FULLY PAID	500,000	500,000
30/04/2025	As above	Purchase	2,765,881.66 $		ORDINARY FULLY PAID	2,140,000	2,140,000
01/05/2025	As above	Purchase	1,291,928.21 $		ORDINARY FULLY PAID	1,000,000	1,000,000
02/05/2025	As above	Purchase	4,616,121.54 $		ORDINARY FULLY PAID	3,609,432	3,609,432
05/05/2025	As above	Purchase	115,235.88 $		ORDINARY FULLY PAID	92,257	92,257
05/05/2025	As above	Sale	110,199.28 -$		ORDINARY FULLY PAID	88,170 -	88,170 -
06/05/2025	As above	Purchase	1,068,262.69 $		ORDINARY FULLY PAID	850,757	850,757
07/05/2025	As above	Purchase	282,437.07 $		ORDINARY FULLY PAID	221,106	221,106
09/05/2025	As above	Purchase	10,156.79 $		ORDINARY FULLY PAID	7,848	7,848
12/05/2025	As above	Purchase	223,156.33 $		ORDINARY FULLY PAID	171,291	171,291
13/05/2025	As above	Purchase	2,000,245.00 $		ORDINARY FULLY PAID	1,500,000	1,500,000
14/05/2025	As above	Purchase	121,286.85 $		ORDINARY FULLY PAID	91,940	91,940
15/05/2025	As above	Purchase	396,006.04 $		ORDINARY FULLY PAID	301,453	301,453
19/05/2025	As above	Purchase	919,080.05 $		ORDINARY FULLY PAID	699,429	699,429
20/05/2025	As above	Purchase	1,437,900.72 $		ORDINARY FULLY PAID	1,083,373	1,083,373
22/05/2025	As above	Purchase	516,745.75 $		ORDINARY FULLY PAID	393,424	393,424
22/05/2025	As above	Sale	540,494.83 -$		ORDINARY FULLY PAID	414,309 -	414,309 -
02/06/2025	As above	Purchase	945,657.75 $		ORDINARY FULLY PAID	750,000	750,000
03/06/2025	As above	Purchase	3,186,499.08 $		ORDINARY FULLY PAID	2,500,000	2,500,000
05/06/2025	As above	Purchase	2,523,757.36 $		ORDINARY FULLY PAID	2,000,000	2,000,000
10/06/2025	As above	Purchase	1,485.81 $		ORDINARY FULLY PAID	1,195	1,195
17/06/2025	As above	Purchase	48,773.25 $		ORDINARY FULLY PAID	40,000	40,000

Date of change	Person whose relevant interest changed	Nature of change	Consideration	Consideration	Class of Securities	Number of securities	Person's votes affected
18/06/2025	As above	Purchase	430,005.61 $		ORDINARY FULLY PAID	352,077	352,077
18/06/2025	As above	Sale	105,099.20 -$		ORDINARY FULLY PAID	86,549 -	86,549 -
19/06/2025	As above	Purchase	772,273.71 $		ORDINARY FULLY PAID	635,062	635,062
20/06/2025	As above	Purchase	1,159,391.98 $		ORDINARY FULLY PAID	950,960	950,960
20/06/2025	As above	Sale	262,059.41 -$		ORDINARY FULLY PAID	214,921 -	214,921 -
23/06/2025	As above	Purchase	388,865.09 $		ORDINARY FULLY PAID	323,983	323,983
25/06/2025	As above	Purchase	391,808.33 $		ORDINARY FULLY PAID	314,352	314,352

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: 30/06/2025

`

AMP Ltd

AMP Ltd	AMP Ltd	AMP Ltd	AMP Ltd	AMP Ltd	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	9,879,617	Ordinary fully paid	9,879,617
Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A)	Citibank	Citibank	31,583,474	Ordinary fully paid	31,583,474
Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A)	HSBC	HSBC	19,043,503	Ordinary fully paid	19,043,503
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	24,159,068	Ordinary fully paid	24,159,068
Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A)	Northern Trust	Northern Trust	24,763,531	Ordinary fully paid	24,763,531
Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A)	RBC Investor Services Trust	RBC Investor Services Trust	13,272,687	Ordinary fully paid	13,272,687
Pinnacle Investment Management Group Limited (and its subsidiaries listed in Annexure A)	State Street - AUS	State Street - AUS	28,027,672	Ordinary fully paid	28,027,672

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: 30/06/2025

AMP Ltd Annexure D	AMP Ltd Annexure D	AMP Ltd Annexure D
Name	ACN	Nature of Association
Pinnacle Investment Management GroupLimited	100 325 184	Related bodycorporate of each other entitylisted 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 bodycorporate of each other entitylisted 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: 30/06/2025

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: 30/06/2025