Carbon Fund — Major Shareholding Notification 2025

Oct 9, 2025

Thursday, October 09, 2025

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Carbon Fund acquisition of CO2 units

Pursuant to Rule 3.13.1 of the NZX Listing Rules, we are pleased to provide the following information in relation to the acquisition of CO2 units by the Carbon Fund.

Name of Issuer: Carbon Fund NZX ticker code: CO2 Class of financial product: Units in the Carbon Fund ISIN number: NZCO2E0005S7 Currency: New Zealand dollars Number of securities acquired: 130,359 Nominal value: $179,895.42 Acquisition Price: 1.3800 Nature of Payment: Cash Amount Paid Up (if not in full): Fully Paid Percentage of total class acquired: 0.5199% of total units on issue Reason for acquisition: Units acquired as treasury stock pursuant to Master Trust Deed Total number of fully paid ordinary units in 25,076,026 existence after acquisition (excluding any treasury stock): In the case of an acquisition of shares, whether To be held as treasury stock those shares are to be held as treasury stock: Authority for the issue: Pursuant to Master Trust Deed Terms or details of the acquisition: Nil Date of acquisition: 08/10/2025

For more information, please contact: Email: info@saltfunds.co.nz Write to: Salt Investment Funds Limited, PO Box 106-587, Auckland, 1143