BWP GROUP — Major Shareholding Notification 2024

Apr 29, 2024

==> picture [199 x 68] intentionally omitted <==

==> picture [477 x 34] intentionally omitted <==

==> picture [355 x 109] intentionally omitted <==

==> picture [115 x 61] intentionally omitted <==

==> picture [211 x 70] intentionally omitted <==

==> picture [71 x 38] intentionally omitted <==

==> picture [105 x 61] intentionally omitted <==

==> picture [122 x 59] intentionally omitted <==

==> picture [130 x 59] intentionally omitted <==

==> picture [190 x 70] intentionally omitted <==

==> picture [485 x 185] intentionally omitted <==

==> picture [321 x 140] intentionally omitted <==

==> picture [74 x 47] intentionally omitted <==

Annexure A

This is Annexure A of 2 pages referred to in form 603 Notice of initial substantial shareholder

30-Apr-24

Emma Okoniewski, Authorised Signatory

Date

3. Details of Relevant Interests

4. Details of present registered holders

6. Associates

==> picture [547 x 578] intentionally omitted <==

----- Start of picture text -----

||||||||
|---|---|---|---|---|---|---|
|Holder of Relevant|
|Interests|Nature of Relevant Interest|Registered Holder of|Person entitled to be|Class and number of|Person's|Nature of|
|Name and ACN / ARSN (if|Securities|registered as holder|Securities|votes|Association|
|applicable)|
|BlackRock Advisors (UK)|Power to control the exercise of a right to vote attached to|BNYM-BONY EUROPE -|ORD|101,122|101,122|subsidiary of|
|Limited|securities and/or the power to dispose of securities held|LONDON|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Advisors (UK)|Power to control the exercise of a right to vote attached to|JPM-JPM CHASE -|ORD|635,389|635,389|subsidiary of|
|Limited|securities and/or the power to dispose of securities held|LONDON|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Advisors (UK)|Power to control the exercise of a right to vote attached to|SSB-STATE STREET|ORD|2,280,820|2,280,820|subsidiary of|
|Limited|securities and/or the power to dispose of securities held|DUBLIN|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Advisors (UK)|Power to control the exercise of a right to vote attached to|STATE STREET BANK,|ORD|56,347|56,347|subsidiary of|
|Limited|securities and/or the power to dispose of securities held|MUNICH, ZURICH|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|BRANCH|
|or trustee.|
|BlackRock Advisors, LLC|Power to control the exercise of a right to vote attached to|SSB-STATE STREET|ORD|786,112|786,112|subsidiary of|
|securities and/or the power to dispose of securities held|MUTUAL FUNDS -|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|BOSTON|
|or trustee.|
|BlackRock Asset|Power to control the exercise of a right to vote attached to|JPM-JP MORGAN CHASE|ORD|747,199|747,199|subsidiary of|
|Management Canada|securities and/or the power to dispose of securities held|- NEW YORK|BlackRock Inc.|
|Limited|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Asset|Power to control the exercise of a right to vote attached to|SSB-STATE STREET|ORD|88,372|88,372|subsidiary of|
|Management Canada|securities and/or the power to dispose of securities held|SACRAMENTO|BlackRock Inc.|
|Limited|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Financial|Power to control the exercise of a right to vote attached to|SSB-SSB NEW YORK|ORD|206,600|206,600|subsidiary of|
|Management, Inc.|securities and/or the power to dispose of securities held|INSTITUTIONAL|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Fund Advisors|Power to control the exercise of a right to vote attached to|SSB-STATE STREET|ORD|1,339,890|1,339,890|subsidiary of|
|securities and/or the power to dispose of securities held|BANK, BOSTON|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Fund Advisors|Power to control the exercise of a right to vote attached to|SSB-STATE STREET|ORD|6,912,033|6,912,033|subsidiary of|
|securities and/or the power to dispose of securities held|SACRAMENTO|BlackRock Inc.|
|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Institutional|Power to control the exercise of a right to vote attached to|BNYM-THE BANK OF|ORD|181,700|181,700|subsidiary of|
|Trust Company, National|securities and/or the power to dispose of securities held|NEW YORK|BlackRock Inc.|
|Association|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Institutional|Power to control the exercise of a right to vote attached to|JPM-JP MORGAN CHASE|ORD|8,256,617|8,256,617|subsidiary of|
|Trust Company, National|securities and/or the power to dispose of securities held|- NEW YORK|BlackRock Inc.|
|Association|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Institutional|Power to control the exercise of a right to vote attached to|SSB-SSB NEW YORK|ORD|29,343|29,343|subsidiary of|
|Trust Company, National|securities and/or the power to dispose of securities held|INSTITUTIONAL|BlackRock Inc.|
|Association|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Institutional|Power to control the exercise of a right to vote attached to|SSB-STATE STREET|ORD|1,419|1,419|subsidiary of|
|Trust Company, National|securities and/or the power to dispose of securities held|SACRAMENTO|BlackRock Inc.|
|Association|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Investment|Power to control the exercise of a right to vote attached to|BNP-BNP PARIBAS|ORD|88,160|88,160|subsidiary of|
|Management (Australia)|securities and/or the power to dispose of securities held|AUSTRALIA - COGENT|BlackRock Inc.|
|Limited|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Investment|Power to control the exercise of a right to vote attached to|CITI-CITIBANK, HONG|ORD|8,182|8,182|subsidiary of|
|Management (Australia)|securities and/or the power to dispose of securities held|KONG|BlackRock Inc.|
|Limited|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Investment|Power to control the exercise of a right to vote attached to|JPM-JPM CHASE -|ORD|9,167,386|9,167,386|subsidiary of|
|Management (Australia)|securities and/or the power to dispose of securities held|SYDNEY|BlackRock Inc.|
|Limited|in its capacity as investment manager, reponsible entity|
|or trustee.|
|BlackRock Investment|Power to control the exercise of a right to vote attached to|Northern Trust Singapore|ORD|1,320,080|1,320,080|subsidiary of|
|Management (Australia)|securities and/or the power to dispose of securities held|BlackRock Inc.|
|Limited|in its capacity as investment manager, reponsible entity|
|or trustee.|

----- End of picture text -----

page 1 of 2

BWP

==> picture [547 x 307] intentionally omitted <==

----- Start of picture text -----

Holder of Relevant
Interests Nature of Relevant Interest Registered Holder of Person entitled to be Class and number of Person's Nature of
Name and ACN / ARSN (if Securities registered as holder Securities votes Association
applicable)
BlackRock Investment Power to control the exercise of a right to vote attached to BNYM-BANK OF NY ORD 707,851 707,851 subsidiary of
Management (UK) Limited securities and/or the power to dispose of securities held BRUS BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Investment Power to control the exercise of a right to vote attached to BNYM-BONY EUROPE - ORD 2,485,406 2,485,406 subsidiary of
Management (UK) Limited securities and/or the power to dispose of securities held LONDON BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Investment Power to control the exercise of a right to vote attached to JPM-JP MORGAN CHASE ORD 100,519 100,519 subsidiary of
Management (UK) Limited securities and/or the power to dispose of securities held - NEW YORK BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Investment Power to control the exercise of a right to vote attached to Northern Trust ORD 305,632 305,632 subsidiary of
Management (UK) Limited securities and/or the power to dispose of securities held Luxembourg BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Investment Power to control the exercise of a right to vote attached to NT-NORTHERN TRUST ORD 91,382 91,382 subsidiary of
Management (UK) Limited securities and/or the power to dispose of securities held UK BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Investment Power to control the exercise of a right to vote attached to SSB-STATE STREET ORD 23,864 23,864 subsidiary of
Management (UK) Limited securities and/or the power to dispose of securities held LONDON BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Investment Power to control the exercise of a right to vote attached to JPM-JP MORGAN CHASE ORD 31,654 31,654 subsidiary of
Management, LLC securities and/or the power to dispose of securities held - NEW YORK BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Japan Co., Ltd. Power to control the exercise of a right to vote attached to JPM-JP MORGAN CHASE ORD 12,802 12,802 subsidiary of
securities and/or the power to dispose of securities held - NEW YORK BlackRock Inc.
in its capacity as investment manager, reponsible entity
or trustee.
BlackRock Japan Co., Ltd. Power to control the exercise of a right to vote attached to Mitsubishi UFJ Investor ORD 15,649 15,649 subsidiary of
securities and/or the power to dispose of securities held Services & Banking Lux BlackRock Inc.
in its capacity as investment manager, reponsible entity S.A
or trustee.
----- End of picture text -----

page 2 of 2

BWP

Annexure B

This is Annexure B of 4 pages referred to in form 603 Notice of initial substantial shareholder

30-Apr-24 Emma Okoniewski, Date Authorised Signatory

5. Consideration

BWP TRUST (BWP)

BlackRock Investment Management (UK) Limited 29-Dec-23 yes BlackRock Investment Management (Australia) Limited 02-Jan-24 yes BlackRock Investment Management (UK) Limited 02-Jan-24 yes BlackRock Investment Management (Australia) Limited 04-Jan-24 yes BlackRock Investment Management (Australia) Limited 09-Jan-24 yes BlackRock Advisors (UK) Limited 09-Jan-24 yes BlackRock Fund Advisors 10-Jan-24 no BlackRock Investment Management (Australia) Limited 10-Jan-24 yes BlackRock Investment Management (Australia) Limited 10-Jan-24 yes BlackRock Advisors (UK) Limited 11-Jan-24 yes BlackRock Investment Management (Australia) Limited 12-Jan-24 yes BlackRock Advisors (UK) Limited 12-Jan-24 yes BlackRock Advisors (UK) Limited 12-Jan-24 yes BlackRock Investment Management (Australia) Limited 15-Jan-24 yes BlackRock Advisors (UK) Limited 16-Jan-24 yes BlackRock Advisors (UK) Limited 16-Jan-24 yes BlackRock Fund Advisors 17-Jan-24 no BlackRock Fund Advisors 17-Jan-24 no BlackRock Advisors (UK) Limited 17-Jan-24 yes BlackRock Advisors (UK) Limited 17-Jan-24 yes BlackRock Investment Management (Australia) Limited 17-Jan-24 yes BlackRock Investment Management (Australia) Limited 18-Jan-24 yes BlackRock Investment Management (Australia) Limited 19-Jan-24 yes BlackRock Advisors (UK) Limited 19-Jan-24 yes BlackRock Fund Advisors 22-Jan-24 no BlackRock Advisors (UK) Limited 22-Jan-24 yes BlackRock Advisors (UK) Limited 22-Jan-24 no BlackRock Investment Management (Australia) Limited 23-Jan-24 yes BlackRock Advisors (UK) Limited 23-Jan-24 yes BlackRock Advisors (UK) Limited 23-Jan-24 no BlackRock Fund Advisors 24-Jan-24 no BlackRock Advisors (UK) Limited 25-Jan-24 yes BlackRock Advisors (UK) Limited 25-Jan-24 yes BlackRock Advisors (UK) Limited 25-Jan-24 yes BlackRock Advisors (UK) Limited 25-Jan-24 no BlackRock Financial Management, Inc. 29-Jan-24 no BlackRock Advisors (UK) Limited 30-Jan-24 yes BlackRock Fund Advisors 31-Jan-24 no BlackRock Institutional Trust Company, National Association 31-Jan-24 yes BlackRock Institutional Trust Company, National Association 31-Jan-24 yes BlackRock Investment Management (UK) Limited 31-Jan-24 yes Holder of Relevant Interest Date of Acquisition / Trans on a prescribed fin'l mkt

Cash Non-cash CCY 3.53 on mkt buy AUD ORD 12,443 12,443 3.46 on mkt buy AUD ORD 3,165 3,165 3.46 on mkt buy AUD ORD 2,631 2,631 3.42 on mkt buy AUD ORD 2,582 2,582 3.52 on mkt buy AUD ORD 2,576 2,576 3.52 on mkt buy AUD ORD 754 754 n/a in specie AUD ORD 2,835 2,835 3.55 on mkt buy AUD ORD 1,339 1,339 3.55 on mkt buy AUD ORD 7,365 7,365 3.58 on mkt buy AUD ORD 757 757 3.59 on mkt buy AUD ORD 12,792 12,792 3.59 on mkt buy AUD ORD 1,080 1,080 3.59 on mkt buy AUD ORD 751 751 3.57 on mkt buy AUD ORD 14,268 14,268 3.53 on mkt buy AUD ORD 2,100 2,100 3.53 on mkt buy AUD ORD 3,755 3,755 n/a in specie AUD ORD 1,868 1,868 n/a in specie AUD ORD 1,401 1,401 3.53 on mkt buy AUD ORD 1,504 1,504 3.53 on mkt buy AUD ORD 2,256 2,256 3.53 on mkt buy AUD ORD 12,300 12,300 3.42 on mkt buy AUD ORD 10,332 10,332 3.44 on mkt buy AUD ORD 4,920 4,920 3.44 on mkt buy AUD ORD 350 350 n/a in specie AUD ORD 2,835 2,835 3.47 on mkt buy AUD ORD 1,506 1,506 n/a collateral transfer AUD ORD 314,075 314,075 3.47 on mkt buy AUD ORD 2,952 2,952 3.47 on mkt buy AUD ORD 1,400 1,400 n/a collateral transfer AUD ORD 47 47 n/a in specie AUD ORD 16,765 16,765 3.39 on mkt buy AUD ORD 700 700 3.39 on mkt buy AUD ORD 747 747 3.39 on mkt buy AUD ORD 1,494 1,494 n/a collateral transfer AUD ORD 57,250 57,250 n/a in specie AUD ORD 15,403 15,403 3.37 on mkt buy AUD ORD 25,872 25,872 n/a in specie AUD ORD 4,320 4,320 3.43 on mkt buy AUD ORD 63,836 63,836 3.43 on mkt buy AUD ORD 88,520 88,520 3.43 on mkt buy AUD ORD 9,084 9,084 Person's votes affected Consideration Class and number of securities affected

page 1 of 4

BWP

==> picture [536 x 769] intentionally omitted <==

----- Start of picture text -----

Consideration Person's
Date of Acquisition / Trans Class and number of
Holder of Relevant Interest votes
on a prescribed fin'l mkt Cash Non-cash CCY securities affected
affected
BlackRock Investment Management (Australia) 01-Feb-24 yes 3.36 on mkt buy AUD ORD 5,546 5,546
Limited
BlackRock Advisors (UK) Limited 05-Feb-24 yes 3.36 on mkt buy AUD ORD 3,536 3,536
BlackRock Japan Co., Ltd. 07-Feb-24 yes 3.39 on mkt buy AUD ORD 705 705
BlackRock Institutional Trust Company, National 07-Feb-24 yes 3.49 on mkt buy AUD ORD 82,113 82,113
Association
BlackRock Fund Advisors 07-Feb-24 no n/a in specie AUD ORD 4,670 4,670
BlackRock Financial Management, Inc. 08-Feb-24 yes 3.52 on mkt buy AUD ORD 8,565 8,565
BlackRock Investment Management (Australia) 08-Feb-24 yes 3.50 on mkt buy AUD ORD 2,575 2,575
Limited
BlackRock Investment Management (Australia) 08-Feb-24 yes 3.50 on mkt buy AUD ORD 13,614 13,614
Limited
BlackRock Investment Management (Australia) 08-Feb-24 yes 3.50 on mkt buy AUD ORD 2,642 2,642
Limited
BlackRock Investment Management (Australia) 12-Feb-24 yes 3.47 on mkt buy AUD ORD 2,575 2,575
Limited
BlackRock Investment Management (Australia) 14-Feb-24 yes 3.42 on mkt buy AUD ORD 3,936 3,936
Limited
BlackRock Fund Advisors 15-Feb-24 no n/a in specie AUD ORD 1,296 1,296
BlackRock Fund Advisors 15-Feb-24 no n/a in specie AUD ORD 3,402 3,402
BlackRock Investment Management (Australia) 15-Feb-24 yes 3.49 on mkt buy AUD ORD 12,875 12,875
Limited
BlackRock Investment Management (Australia) 15-Feb-24 yes 3.49 on mkt buy AUD ORD 4,920 4,920
Limited
BlackRock Advisors (UK) Limited 15-Feb-24 yes 3.49 on mkt buy AUD ORD 2,235 2,235
BlackRock Investment Management (Australia) 16-Feb-24 yes 3.52 on mkt buy AUD ORD 1,358 1,358
Limited
BlackRock Fund Advisors 20-Feb-24 no n/a in specie AUD ORD 2,355 2,355
BlackRock Fund Advisors 20-Feb-24 no n/a in specie AUD ORD 1,884 1,884
BlackRock Fund Advisors 20-Feb-24 no n/a in specie AUD ORD 1,362 1,362
BlackRock Fund Advisors 21-Feb-24 no n/a in specie AUD ORD 7,020 7,020
BlackRock Fund Advisors 21-Feb-24 no n/a in specie AUD ORD 4,860 4,860
BlackRock Fund Advisors 21-Feb-24 yes 3.44 on mkt buy AUD ORD 21,971 21,971
BlackRock Fund Advisors 22-Feb-24 no n/a in specie AUD ORD 18,225 18,225
BlackRock Institutional Trust Company, National 22-Feb-24 yes 3.50 on mkt buy AUD ORD 77,118 77,118
Association
BlackRock Fund Advisors 23-Feb-24 yes 3.49 on mkt buy AUD ORD 1,968 1,968
BlackRock Fund Advisors 26-Feb-24 no n/a in specie AUD ORD 9,720 9,720
BlackRock Fund Advisors 26-Feb-24 no n/a in specie AUD ORD 4,050 4,050
BlackRock Investment Management (Australia) 26-Feb-24 yes 3.47 on mkt buy AUD ORD 1,358 1,358
Limited
BlackRock Advisors (UK) Limited 26-Feb-24 yes 3.47 on mkt buy AUD ORD 10,611 10,611
BlackRock Asset Management Canada Limited 26-Feb-24 yes 3.47 on mkt buy AUD ORD 51,617 51,617
BlackRock Investment Management (Australia) 27-Feb-24 yes 3.43 on mkt buy AUD ORD 984 984
Limited
BlackRock Investment Management (Australia) 27-Feb-24 yes 3.43 on mkt buy AUD ORD 2,575 2,575
Limited
BlackRock Investment Management (Australia) 27-Feb-24 yes 3.43 on mkt buy AUD ORD 1,358 1,358
Limited
BlackRock Japan Co., Ltd. 28-Feb-24 yes 3.47 on mkt buy AUD ORD 860 860
BlackRock Institutional Trust Company, National 29-Feb-24 yes 3.49 on mkt buy AUD ORD 67,339 67,339
Association
BlackRock Institutional Trust Company, National 29-Feb-24 yes 3.49 on mkt buy AUD ORD 234,080 234,080
Association
BlackRock Advisors, LLC 29-Feb-24 yes 3.49 on mkt buy AUD ORD 6,993 6,993
BlackRock Advisors, LLC 29-Feb-24 yes 3.49 on mkt buy AUD ORD 51,437 51,437
BlackRock Investment Management (Australia) 01-Mar-24 yes 3.49 on mkt buy AUD ORD 3,972 3,972
Limited
BlackRock Investment Management (Australia) 01-Mar-24 yes 3.49 on mkt buy AUD ORD 57,264 57,264
Limited
BlackRock Institutional Trust Company, National 01-Mar-24 yes 3.49 on mkt buy AUD ORD 624 624
Association
BlackRock Fund Advisors 01-Mar-24 no n/a in specie AUD ORD 22,900 22,900
BlackRock Advisors (UK) Limited 04-Mar-24 yes 3.51 on mkt buy AUD ORD 1,482 1,482
BlackRock Fund Advisors 04-Mar-24 no n/a in specie AUD ORD 18,320 18,320
BlackRock Investment Management (Australia) 05-Mar-24 yes 3.51 on mkt buy AUD ORD 3,936 3,936
Limited
BlackRock Advisors (UK) Limited 05-Mar-24 yes 3.51 on mkt buy AUD ORD 3,246 3,246
BlackRock Advisors (UK) Limited 06-Mar-24 no n/a collateral AUD ORD 584,635 584,635
transfer
BlackRock Fund Advisors 12-Mar-24 no n/a in specie AUD ORD 3,402 3,402
BlackRock Fund Advisors 13-Mar-24 no n/a in specie AUD ORD 2,430 2,430
BlackRock Investment Management (Australia) 13-Mar-24 yes 3.56 on mkt buy AUD ORD 3,936 3,936
Limited
----- End of picture text -----

page 2 of 4

BWP

==> picture [536 x 759] intentionally omitted <==

----- Start of picture text -----

Consideration Person's
Date of Acquisition / Trans Class and number of
Holder of Relevant Interest votes
on a prescribed fin'l mkt Cash Non-cash CCY securities affected
affected
BlackRock Fund Advisors 14-Mar-24 no n/a in specie AUD ORD 18,200 18,200
BlackRock Advisors (UK) Limited 14-Mar-24 no n/a collateral AUD ORD 101,003 101,003
transfer
BlackRock Fund Advisors 15-Mar-24 no n/a in specie AUD ORD 2,430 2,430
BlackRock Investment Management (Australia) 15-Mar-24 yes 3.61 on mkt buy AUD ORD 14,247 14,247
Limited
BlackRock Fund Advisors 15-Mar-24 yes 3.61 on mkt buy AUD ORD 3,016 3,016
BlackRock Investment Management (UK) Limited 15-Mar-24 yes 3.61 on mkt buy AUD ORD 7,025 7,025
BlackRock Fund Advisors 18-Mar-24 no n/a in specie AUD ORD 972 972
BlackRock Fund Advisors 19-Mar-24 no n/a in specie AUD ORD 27,370 27,370
BlackRock Investment Management (Australia) 19-Mar-24 yes 3.57 on mkt buy AUD ORD 4,428 4,428
Limited
BlackRock Investment Management (Australia) 19-Mar-24 yes 3.57 on mkt buy AUD ORD 2,952 2,952
Limited
BlackRock Advisors (UK) Limited 19-Mar-24 yes 3.57 on mkt buy AUD ORD 3,537 3,537
BlackRock Fund Advisors 20-Mar-24 no n/a in specie AUD ORD 3,402 3,402
BlackRock Fund Advisors 22-Mar-24 no n/a in specie AUD ORD 972 972
BlackRock Advisors (UK) Limited 25-Mar-24 yes 3.60 on mkt buy AUD ORD 1,047 1,047
BlackRock Fund Advisors 26-Mar-24 no n/a in specie AUD ORD 3,910 3,910
BlackRock Advisors (UK) Limited 26-Mar-24 yes 3.61 on mkt buy AUD ORD 3,227 3,227
BlackRock Investment Management (Australia) 27-Mar-24 yes 3.56 on mkt buy AUD ORD 5,904 5,904
Limited
BlackRock Advisors (UK) Limited 27-Mar-24 yes 3.56 on mkt buy AUD ORD 3,750 3,750
BlackRock Investment Management (Australia) 27-Mar-24 yes 3.56 on mkt buy AUD ORD 35,611 35,611
Limited
BlackRock Institutional Trust Company, National 28-Mar-24 yes 3.61 on mkt buy AUD ORD 7,728 7,728
Association
BlackRock Financial Management, Inc. 28-Mar-24 yes 3.61 on mkt buy AUD ORD 3,796 3,796
BlackRock Fund Advisors 02-Apr-24 no n/a in specie AUD ORD 9,920 9,920
BlackRock Advisors (UK) Limited 02-Apr-24 yes 3.52 on mkt buy AUD ORD 1,396 1,396
BlackRock Fund Advisors 02-Apr-24 no n/a in specie AUD ORD 16,368 16,368
BlackRock Investment Management (Australia) 03-Apr-24 yes 3.37 on mkt buy AUD ORD 12,300 12,300
Limited
BlackRock Investment Management (Australia) 03-Apr-24 yes 3.37 on mkt buy AUD ORD 6,396 6,396
Limited
BlackRock Japan Co., Ltd. 05-Apr-24 yes 3.46 on mkt buy AUD ORD 1,165 1,165
BlackRock Advisors (UK) Limited 05-Apr-24 yes 3.47 on mkt buy AUD ORD 3,262 3,262
BlackRock Institutional Trust Company, National 08-Apr-24 yes 3.53 on mkt buy AUD ORD 111,042 111,042
Association
BlackRock Fund Advisors 08-Apr-24 yes 3.53 on mkt buy AUD ORD 44,182 44,182
BlackRock Investment Management (Australia) 08-Apr-24 yes 3.53 on mkt buy AUD ORD 3,936 3,936
Limited
BlackRock Advisors (UK) Limited 10-Apr-24 yes 3.47 on mkt buy AUD ORD 6,282 6,282
BlackRock Fund Advisors 10-Apr-24 yes 3.47 on mkt buy AUD ORD 3,640 3,640
BlackRock Fund Advisors 10-Apr-24 no n/a in specie AUD ORD 648 648
BlackRock Investment Management (Australia) 11-Apr-24 yes 3.43 on mkt buy AUD ORD 2,329 2,329
Limited
BlackRock Advisors (UK) Limited 11-Apr-24 yes 3.43 on mkt buy AUD ORD 2,235 2,235
BlackRock Investment Management (Australia) 11-Apr-24 yes 3.43 on mkt buy AUD ORD 3,952 3,952
Limited
BlackRock Fund Advisors 12-Apr-24 no n/a in specie AUD ORD 17,885 17,885
BlackRock Advisors (UK) Limited 16-Apr-24 no n/a collateral AUD ORD 515,362 515,362
transfer
BlackRock Investment Management (Australia) 18-Apr-24 no n/a in specie AUD ORD 87,397 87,397
Limited
BlackRock Fund Advisors 18-Apr-24 no n/a in specie AUD ORD 3,084 3,084
BlackRock Investment Management (Australia) 18-Apr-24 yes 3.45 on mkt buy AUD ORD 3,928 3,928
Limited
BlackRock Advisors (UK) Limited 18-Apr-24 yes 3.45 on mkt buy AUD ORD 3,538 3,538
BlackRock Advisors (UK) Limited 18-Apr-24 yes 3.45 on mkt buy AUD ORD 2,235 2,235
BlackRock Investment Management (Australia) 19-Apr-24 yes 3.41 on mkt buy AUD ORD 2,946 2,946
Limited
BlackRock Financial Management, Inc. 22-Apr-24 no n/a in specie AUD ORD 99,973 99,973
BlackRock Advisors (UK) Limited 22-Apr-24 yes 3.52 on mkt buy AUD ORD 1,498 1,498
BlackRock Japan Co., Ltd. 23-Apr-24 yes 3.56 on mkt buy AUD ORD 1,392 1,392
BlackRock Fund Advisors 23-Apr-24 yes 3.53 on mkt buy AUD ORD 3,023 3,023
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.53 on mkt buy AUD ORD 136,702 136,702
Limited
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.53 on mkt buy AUD ORD 39,921 39,921
Limited
BlackRock Japan Co., Ltd. 23-Apr-24 yes 3.53 on mkt buy AUD ORD 1,546 1,546
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.52 on mkt buy AUD ORD 101,144 101,144
Limited
----- End of picture text -----

page 3 of 4

BWP

==> picture [536 x 360] intentionally omitted <==

----- Start of picture text -----

Consideration Person's
Date of Acquisition / Trans Class and number of
Holder of Relevant Interest votes
on a prescribed fin'l mkt Cash Non-cash CCY securities affected
affected
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.52 on mkt buy AUD ORD 640,502 640,502
Limited
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.52 on mkt buy AUD ORD 140,928 140,928
Limited
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.52 on mkt buy AUD ORD 38,298 38,298
Limited
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.52 on mkt buy AUD ORD 26,256 26,256
Limited
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.52 on mkt buy AUD ORD 9,296 9,296
Limited
BlackRock Investment Management (Australia) 23-Apr-24 yes 3.52 on mkt buy AUD ORD 13,107 13,107
Limited
BlackRock Institutional Trust Company, National 26-Apr-24 yes 3.46 on mkt buy AUD ORD 25,300 25,300
Association
BlackRock Investment Management (UK) Limited 26-Apr-24 yes 3.46 on mkt buy AUD ORD 64,073 64,073
BlackRock Institutional Trust Company, National 26-Apr-24 yes 3.46 on mkt buy AUD ORD 366,476 366,476
Association
BlackRock Institutional Trust Company, National 26-Apr-24 yes 3.46 on mkt buy AUD ORD 15,628 15,628
Association
BlackRock Institutional Trust Company, National 26-Apr-24 yes 3.46 on mkt buy AUD ORD 94,901 94,901
Association
BlackRock Fund Advisors 26-Apr-24 yes 3.46 on mkt buy AUD ORD 315,621 315,621
BlackRock Institutional Trust Company, National 26-Apr-24 yes 3.46 on mkt buy AUD ORD 21,376 21,376
Association
BlackRock Institutional Trust Company, National 26-Apr-24 yes 3.46 on mkt buy AUD ORD 2,686 2,686
Association
BlackRock Institutional Trust Company, National 26-Apr-24 yes 3.46 on mkt buy AUD ORD 22,895 22,895
Association
BlackRock Investment Management (Australia) 26-Apr-24 yes 3.46 on mkt buy AUD ORD 12,835 12,835
Limited
BlackRock Advisors (UK) Limited 26-Apr-24 no n/a collateral AUD ORD 629,110 629,110
transfer
----- End of picture text -----

page 4 of 4

BWP

Annexure C

This is Annexure C of 1 pages referred to in form 603 Notice of initial substantial shareholder

30-Apr-24

Emma Okoniewski, Date Authorised Signatory

7. Addresses

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

==> picture [501 x 384] intentionally omitted <==

----- Start of picture text -----

|||
|---|---|
|Name|Address|
|BlackRock Group|
|BlackRock Inc.|50 Hudson Yards|
|New York, NY 10001 USA|
|BlackRock Advisors (UK) Limited|12 Throgmorton Avenue.|
|London, EC2N 2DL,|
|United Kingdom|
|BlackRock Advisors, LLC|251 Little Falls Dr|
|Wilmington, DE 19808-1674|
|BlackRock Asset Management Canada Limited|161 Bay Street, Suite 2500|
|Toronto, Ontario M5J 2S1|
|Canada|
|BlackRock Financial Management, Inc.|251 Little Falls Dr|
|Wilmington, DE 19808-1674|
|BlackRock Fund Advisors|400 Howard Street|
|San Francisco, CA, 94105|
|United States|
|BlackRock Institutional Trust Company, National|1225 17th Street,|
|Association|Suite 300,|
|Denver, CO 80202 (Colorado, USA)|
|BlackRock Investment Management (Australia) Limited|Level 37 Chifley Tower, 2 Chifley Square,|
|Sydney NSW 2000|
|Australia|
|BlackRock Investment Management (UK) Limited|12 Throgmorton Avenue|
|London EC2N 2DL|
|United Kingdom|
|BlackRock Investment Management, LLC|251 Little Falls Dr|
|Wilmington, DE 19808-1674|
|BlackRock Japan Co., Ltd.|Marunouchi Trust Tower Main,|
|1-8-3 Marunouchi,|
|Chiyoda-ku, Tokyo 100-8217 (Japan)|

----- End of picture text -----

page 1 of 1

BWP

Annexure D

This is Annexure D of 3 pages referred to in form 603 Notice of initial substantial shareholder

==> picture [488 x 503] intentionally omitted <==

----- Start of picture text -----

30-Apr-2024
Emma Okoniewski, Authorised Signatory Date
Type of agreement: Global Master Securities Lending Agreement, Overseas
Securities Lending Agreement or Master Securities Lending
Agreement.
Parties to agreement: The relevant counterparty as described in the lists of Securities
Lending Agreements entered into by BlackRock Advisors
Limited and BlackRock Institutional Trust Corporation, N.A.,
respectively, on the following page.
Transfer date: The date of the relevant transaction identified as a collateral
transfer referred to in Annexure B.
Holder of voting rights: The Borrower.
Are there any restrictions on voting rights? Yes. Collateral is held through a tripartite structure under which
the triparty collateral manager will not act in respect of voting
If yes, detail rights unless it receives instructions to do so from the Borrower.
Scheduled return date (if any): The date of the relevant transaction referred to in Annexure B.
Does the borrower have the right to return Yes.
early?
The Borrower is entitled to substitute existing collateral with
other equities at any time.
If yes, detail
Does the lender have the right to recall early? Yes, at notice.
If yes, detail
Will the securities be returned on settlement? Yes.
If yes, detail any exceptions
----- End of picture text -----

A copy of the relevant agreement will be provided to BWP TRUST or the Australian Securities and Investments Commission upon request.

BWP 1 | P a g e

Securities Lending Agreements

Agreements entered into between BlackRock Advisors Limited and each of the following counterparties:

• (a) Bank of Nova Scotia, London Branch GMSLA, 25 August 2011 (b) Barclays Bank plc GMSLA, 9 April 2104

• (c) Barclays Capital Securities Limited GMSLA, 2 December 2012 (d) BNP Paribas Arbitrage GMSLA, 30 May 2013

• (e) BNP Paribas GMSLA, 8 May 2007

• (f) Citigroup Global Markets Limited GMSLA, 18 January 2007

• (g) Credit Suisse AG, Dublin Branch GMSLA, 28 September 2015

• (h) Credit Suisse International GMSLA, 10 March 2014

• (i) Credit Suisse Securities (Europe) Limited GMSLA, 26 August 2015

• (j) Deutsche Bank AG, London Branch GMSLA, 25 August 2017

• (k) Goldman Sachs International GMSLA, 2nd August 2022

• (l) HSBC Bank plc GMSLA GMSLA, 27 October 2016

• (m) ING Bank N.V. GMSLA, 12 November 2018

• (n) J.P. Morgan Securities plc GMSLA, 12 July 2011 (o) Macquarie Bank Limited GMSLA, 18 August 2014

• (p) Merrill Lynch International GMSLA, 3 February 2020

• (q) Morgan Stanley & Co International plc GMSLA, 9 June 2021

• (r) Natixis SA GMSLA, 29 January 2018

• (s) Nomura International plc GMSLA, 2 November 2011

• (t) Royal Bank of Canada Europe Limited GMSLA, 3 February 2017

• (u) Royal Bank of Scotland plc (renamed to Natwest Markets Plc) GMSLA, 1 April 2011

• (v) Santander UK Plc GMSLA, 25 January 2019

• (w) Societe Generale GMSLA, 27 January 2012

• (x) UBS AG GMSLA, 28 April 2016

• (y) UBS Europe SE GMSLA, 1 February 2019

• (z) BAL/Banco Santander, S.A. GMSLA, 30 April 2019

• (aa) Canadian Imperial Bank of Commerce, London Branch GMSLA, 21 June 2019

• (bb) Zürcher Kantonalbank GMSLA, 30 October 2019

• (cc) The Hongkong and Shanghai Banking Corporation Limited GMSLA, 7 February 2020 (dd) BNP Paribas Prime Brokerage International Limited GMSLA 19 October 2021

• (ee) Jefferies International Limited GMLSA 22 June 2023

Agreements entered into by BlackRock Institutional Trust Corporation, N.A. and each of the following counterparties:

• a. Bank of Nova Scotia GMSLA, December 6, 2016

• b. Barclays Bank plc GMSLA, April 24, 2017

• c. Barclays Capital Securities Limited GMSLA, March 15, 2017

• d. BNP Paribas Arbitrage GMSLA, June 5, 2017

• e. Citigroup Global Markets Limited GMSLA, June 3, 2015

• f. Credit Suisse AG, Dublin Branch GMSLA, October 14, 2015

• g. Credit Suisse International GMSLA, April 4, 2020

• h. Credit Suisse Securities (Europe) Limited GMSLA, October 2, 2015

• i. Deutsche Bank AG, London Branch GMSLA, June 7, 2017

• j. Goldman Sachs International GMSLA, February 20, 2023

• k. HSBC Bank plc GMSLA, February 12, 2013

• l. J.P. Morgan Securities plc GMSLA, October 4, 2016

• m. J.P. Morgan Securities plc GMSLA (Pledge), July 1, 2020

• n. Macquarie Bank Limited GMSLA, October 3, 2016

• o. Merrill Lynch International GMSLA, February 19, 2014

• p. Morgan Stanley & Co International plc GMSLA, November 16, 2021

• q. Nomura International plc GMSLA 03 August 2018

• r. Societe Generale GMSLA, September 28, 2016

• s. UBS AG GMSLA, May 26, 2016

• t. UBS AG GMSLA (Pledge), June 2, 2020

• u. UBS Europe SE GMSLA, 1 February 2019

• v. The Hongkong and Shanghai Banking Corporation Limited GMSLA, 22 February 2019

• w. RBC Europe Limited GMSLA, 4 February 2019

• x. ING BANK N.V. GMSLA, 27 February, 2019

• y. BANCO SANTANDER, S.A. GMSLA, 11 September, 2019 z. Credit Suisse A.G., Singapore Branch GMSLA, 25 October, 2019

BWP 2 | P a g e

aa. Natixis S.A. GMSLA, November 21, 2019. bb. CREDIT SUISSE INTERNATIONAL GMSLA, 4 April 2020 cc. BNP Paribas Prime Brokerage International Limited GMSLA 22 November 2021

These counterparties do not pledge Australian equities:

• (a) Merrill Lynch, Pierce, Fenner Smith Incorporated

These counterparties do not have any business with us anymore although may have done previously: (a) Morgan Stanley Securities Limited (No Business) OSLA 15 March 1999

Royal Bank of Scotland N.V. GMSLA, 12 October 2011 – No Business, superseded by Royal Bank of Scotland PLC

BWP 3 | P a g e