APA GROUP — Major Shareholding Notification 2023

Apr 3, 2023

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme APA Group Limited

ACN/ARSN 091 344 704 | 091 678 778 | 115 585 441

1. Details of substantial holder (1)

Name UniSuper Limited as trustee for UniSuper and UniSuper Management Pty Limited

ACN/ARSN (if applicable) 006 027 121

There was a change in the interests of the substantial holder onThe previous notice was given to the company onThe previous notice was dated	30/03/202323/03/202323/03/2023

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	Previous notice	Voting power (6)	Voting power (6)
	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
Ordinary Shares/Stapled securities	134,333,758	11.39%	117,678,377	9.97%

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	Person whoserelevantinterestchanged	Nature of change(6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
Refer to Appendix A

4. Present relevant interests

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

Holder of relevantinterest	Registeredholder ofsecurities	Persons entitledto be registeredas holder (8)	Nature ofrelevant interest(6)	Class andnumber ofsecurities	Person’s votes
Refer to Appendix B

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
N/A	N/A
6. AddressesThe addresses of persons named in this form are as follows:
Name	Address
UniSuper Limited	Level 1, 385 Bourke Street, Melbourne VIC 3000
UniSuper Management Pty Limited	Level 1, 385 Bourke Street, Melbourne VIC 3000
SignatureAdam MerringtonActingHead of Portfolio Analysis & Implementationsign heredate04/04/2023

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 7 of the form.
• 1. See the definition of "associate" in section 9 of the Corporations Act 2001.
• 1. See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• 1. The voting shares of a company constitute one class unless divided into separate classes.
• 1. The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• 1. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• 1. Include details of:

  • a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

• 1. 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".
• 1. 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.

APPENDIX A

Date ofChange	Persons whoserelevant interestchanged	Nature of Change	Considerationgiven in relationto change	Class of securities	Number ofsecurities	Persons votesaffected
21/03/2023	UniSuper	On-Market Sale	-10,186,536	FullyPaid Units Stapled Securities	-1,000,000	-1,000,000
21/03/2023	UniSuper	On-Market Sale	-562,323	FullyPaid Units Stapled Securities	-55,381	-55,381
23/03/2023	UniSuper	On-Market Sale	-29,960,400	FullyPaid Units Stapled Securities	-3,000,000	-3,000,000
30/03/2023	UniSuper	On-Market Sale	-63,546,008	FullyPaid Units Stapled Securities	-6,300,000	-6,300,000
30/03/2023	UniSuper	On-Market Sale	-63,546,008	FullyPaid Units Stapled Securities	-6,300,000	-6,300,000
				TOTAL	-16,655,381	-16,655,381
				Opening number of units134,333,758Closing number of units117,678,377

APPENDIX B	APPENDIX B	APPENDIX B	APPENDIX B
Holder of relevantinterest	Registered Holder ofsecurities	Person entitled to beregistered as holder	Nature of relevantinterest	Class of securities	Number ofsecurities	Person'sVotes
UniSuper	BNP Paribas NomineesPtyLimited	UniSuper	Power to control voting &disposal of securities	Fully Paid Units StapledSecurities	117,678,377	117,678,377
				Closing number of units	117,678,377	117,678,377