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COCHLEAR LIMITED Major Shareholding Notification 2026

Mar 11, 2026

64685_rns_2026-03-11_64a0da32-dcab-4ded-a9f4-73b1ca5eca53.pdf

Major Shareholding Notification

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Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme COCHLEAR LTD ACN/ARSN 002 618 073

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

The holder ceased to be a substantial holder on 09/03/2026 The previous notice was given to the company on 19/05/2025 The previous notice was dated 14/05/2025

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 whose
relevant interest
changed
Nature of change (4) Consideration given in
relation to change (5)
Class (6) and
number of
securities affected
Person's votes
affected
REFER TO
ANNEXURE
A PART 1
AND PART
2

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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
REFER TO ANNEXURE B - NO
CHANGES

4. Addresses

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

Name Address
REFER TO ANNEXURE C

Signature

re
print name
sign here
TERENCE KWONG
capacity
COMPANY SECRETARY
date
12/03/2026

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 4 of the form.

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

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

  • (4) 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.

  • (5) 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.

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

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

COCHLEAR LTD Annexure A - Part 1

COCHLEAR LTD COCHLEAR LTD
Annexure A - Part 1
Legend
PIML Pinnacle Investment Management Group Limited
Pinnacle Investment Management Limited
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)
PFSL Pinnacle Fund Services Limited (ACN 082 494 362)
PNI Acquisition Acquisition of securities by one or more affiliated investment
managers which it or its associates holds directly or indirectly above
20% voting power in (see Annexure A – Part 2) and/or Pinnacle
Fund Services Limited, who each in turn hold relevant interests in
the securities the subject of this notice.
PNI Disposal Disposal of securities by one or more affiliated investment
managers which it or its associates holds directly or indirectly above
20% voting power in (see Annexure A – Part 2) and/or Pinnacle
Fund Services Limited, who each in turn hold relevant interests in
the securities the subject of this notice.
PFSL Acquisition Acquisition 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.
PFSL Disposal 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.
Date of Change Person whose relevant interest changed Nature of change Consideration given
in relation to change
Number of
securities
affected
Person's
votes
affected
Class of securities
2025-05-15 Pinnacle Group Entities & PFSL Acquisition 25,240,454.97
$
94,032 94,032 Ordinary Fully Paid
2025-05-15 Pinnacle Group Entities & PFSL Disposal 8,840,800.35
-$
33,013
-
33,013
-
Ordinary Fully Paid
2025-05-16 Pinnacle Group Entities & PFSL Acquisition 633,329.92
$
2,360 2,360 Ordinary Fully Paid
2025-05-19 Pinnacle Group Entities & PFSL Acquisition 3,176,053.19
$
11,765 11,765 Ordinary Fully Paid
2025-05-19 Pinnacle Group Entities & PFSL Disposal 4,870,124.12
-$
18,030
-
18,030
-
Ordinary Fully Paid
2025-05-19 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
35,818,918.73
-$
132,139
-
132,139
-
Ordinary Fully Paid
2025-05-20 Pinnacle Group Entities & PFSL Acquisition 312,165.73
$
1,139 1,139 Ordinary Fully Paid
2025-05-20 Pinnacle Group Entities & PFSL Disposal 3,175,028.91
-$
11,605
-
11,605
-
Ordinary Fully Paid
2025-05-21 Pinnacle Group Entities & PFSL Disposal 4,208,425.99
-$
15,407
-
15,407
-
Ordinary Fully Paid
2025-05-22 Pinnacle Group Entities & PFSL Acquisition 7,893,730.95
$
28,887 28,887 Ordinary Fully Paid
2025-05-22 Pinnacle Group Entities & PFSL Disposal 1,950,838.30
-$
7,171
-
7,171
-
Ordinary Fully Paid
2025-05-23 Pinnacle Group Entities & PFSL Disposal 3,408,909.08
-$
12,647
-
12,647
-
Ordinary Fully Paid
2025-05-27 Pinnacle Group Entities & PFSL Acquisition 94,074.60
$
345 345 Ordinary Fully Paid
2025-05-27 Pinnacle Group Entities & PFSL Disposal 2,726,845.00
-$
10,000
-
10,000
-
Ordinary Fully Paid
2025-05-29 Pinnacle Group Entities & PFSL Acquisition 1,293,758.10
$
4,784 4,784 Ordinary Fully Paid
2025-05-30 Pinnacle Group Entities & PFSL Acquisition 3,678,306.00
$
13,674 13,674 Ordinary Fully Paid
2025-05-30 Pinnacle Group Entities & PFSL Disposal 2,714,213.00
-$
10,000
-
10,000
-
Ordinary Fully Paid
2025-06-02 Pinnacle Group Entities & PFSL Acquisition 18,535,518.51
$
68,124 68,124 Ordinary Fully Paid
2025-06-02 Pinnacle Group Entities & PFSL Disposal 2,714,071.00
-$
10,000
-
10,000
-
Ordinary Fully Paid
2025-06-03 Pinnacle Group Entities & PFSL Acquisition 1,135,806.14
$
4,224 4,224 Ordinary Fully Paid
2025-06-04 Pinnacle Group Entities & PFSL Acquisition 8,138,779.30
$
30,189 30,189 Ordinary Fully Paid
2025-06-05 Pinnacle Group Entities & PFSL Acquisition 194,639.41
$
717 717 Ordinary Fully Paid
2025-06-06 Pinnacle Group Entities & PFSL Disposal 2,195,533.45
-$
8,162
-
8,162
-
Ordinary Fully Paid
2025-06-10 Pinnacle Group Entities & PFSL Acquisition 4,640,762.00
$
17,283 17,283 Ordinary Fully Paid
2025-06-10 Pinnacle Group Entities & PFSL Disposal 1,480,400.00
-$
5,500
-
5,500
-
Ordinary Fully Paid
2025-06-11 Pinnacle Group Entities & PFSL Acquisition 11,597,989.08
$
42,805 42,805 Ordinary Fully Paid
2025-06-11 Pinnacle Group Entities & PFSL Disposal 2,007,383.16
-$
7,430
-
7,430
-
Ordinary Fully Paid
2025-06-13 Pinnacle Group Entities & PFSL Disposal 2,728,112.00
-$
10,000
-
10,000
-
Ordinary Fully Paid
2025-06-17 Pinnacle Group Entities & PFSL Disposal 234,139.91
-$
827
-
827
-
Ordinary Fully Paid
2025-06-18 Pinnacle Group Entities & PFSL Disposal 318,570.25
-$
1,119
-
1,119
-
Ordinary Fully Paid
2025-06-19 Pinnacle Group Entities & PFSL Disposal 2,060,667.65
-$
7,174
-
7,174
-
Ordinary Fully Paid
2025-06-20 Pinnacle Group Entities & PFSL Acquisition 3,752,850.20
$
12,717 12,717 Ordinary Fully Paid
2025-06-20 Pinnacle Group Entities & PFSL Disposal 250,407.08
-$
847
-
847
-
Ordinary Fully Paid
2025-06-23 Pinnacle Group Entities & PFSL Acquisition 1,984,067.99
$
6,757 6,757 Ordinary Fully Paid
2025-06-23 Pinnacle Group Entities & PFSL Disposal 1,040,595.83
-$
3,817
-
3,817
-
Ordinary Fully Paid
2025-06-24 Pinnacle Group Entities & PFSL Acquisition 5,058,379.86
$
17,052 17,052 Ordinary Fully Paid
2025-06-25 Pinnacle Group Entities & PFSL Acquisition 2,212,505.05
$
7,484 7,484 Ordinary Fully Paid
2025-06-25 Pinnacle Group Entities & PFSL Disposal 699,056.45
-$
2,361
-
2,361
-
Ordinary Fully Paid
2025-06-26 Pinnacle Group Entities & PFSL Acquisition 1,592,464.57
$
5,371 5,371 Ordinary Fully Paid
2025-06-26 Pinnacle Group Entities & PFSL Disposal 1,965,761.92
-$
6,626
-
6,626
-
Ordinary Fully Paid
2025-06-27 Pinnacle Group Entities & PFSL Acquisition 1,237,809.47
$
4,185 4,185 Ordinary Fully Paid
2025-07-04 Pinnacle Group Entities & PFSL Disposal 1,305,567.17
-$
4,328
-
4,328
-
Ordinary Fully Paid
2025-07-08 Pinnacle Group Entities & PFSL Acquisition 792,925.53
$
2,632 2,632 Ordinary Fully Paid
2025-07-08 Pinnacle Group Entities & PFSL Disposal 1,146,303.66
-$
3,807
-
3,807
-
Ordinary Fully Paid
2025-07-09 Pinnacle Group Entities & PFSL Acquisition 1,983,896.61
$
6,556 6,556 Ordinary Fully Paid
2025-07-09 Pinnacle Group Entities & PFSL Disposal 907,494.30
-$
3,000
-
3,000
-
Ordinary Fully Paid
2025-07-10 Pinnacle Group Entities & PFSL Acquisition 1,349,146.66
$
4,453 4,453 Ordinary Fully Paid
2025-07-10 Pinnacle Group Entities & PFSL Disposal 910,277.10
-$
3,000
-
3,000
-
Ordinary Fully Paid
2025-07-11 Pinnacle Group Entities & PFSL Acquisition 1,219,600.85
$
4,021 4,021 Ordinary Fully Paid
2025-07-14 Pinnacle Group Entities & PFSL Acquisition 25,671,628.46
$
85,234 85,234 Ordinary Fully Paid
2025-07-14 Pinnacle Group Entities & PFSL Disposal 632,697.45
-$
2,100
-
2,100
-
Ordinary Fully Paid
2025-07-14 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
25,671,628.46
-$
85,234
-
85,234
-
Ordinary Fully Paid
2025-07-16 Pinnacle Group Entities & PFSL Acquisition 172,790.04
$
576 576 Ordinary Fully Paid
2025-07-18 Pinnacle Group Entities & PFSL Acquisition 670,854.23
$
2,163 2,163 Ordinary Fully Paid
2025-07-21 Pinnacle Group Entities & PFSL Acquisition 7,259,860.71
$
23,390 23,390 Ordinary Fully Paid
2025-07-23 Pinnacle Group Entities & PFSL Disposal 291,217.68
-$
936
-
936
-
Ordinary Fully Paid
2025-07-24 Pinnacle Group Entities & PFSL Disposal 1,570,089.00
-$
5,000
-
5,000
-
Ordinary Fully Paid
2025-07-25 Pinnacle Group Entities & PFSL Acquisition 3,865,402.77
$
12,314 12,314 Ordinary Fully Paid
2025-07-28 Pinnacle Group Entities & PFSL Acquisition 18,138,854.06
$
57,352 57,352 Ordinary Fully Paid
2025-07-28 Pinnacle Group Entities & PFSL Disposal 22,190.00
-$
70
-
70
-
Ordinary Fully Paid
2025-07-29 Pinnacle Group Entities & PFSL Acquisition 4,440,788.23
$
13,939 13,939 Ordinary Fully Paid
2025-07-29 Pinnacle Group Entities & PFSL Disposal 314,425.89
-$
985
-
985
-
Ordinary Fully Paid
2025-07-30 Pinnacle Group Entities & PFSL Disposal 2,377,283.25
-$
7,500
-
7,500
-
Ordinary Fully Paid
2025-07-31 Pinnacle Group Entities & PFSL Acquisition 433,505.72
$
1,361 1,361 Ordinary Fully Paid
2025-07-31 Pinnacle Group Entities & PFSL Disposal 2,387,284.50
-$
7,500
-
7,500
-
Ordinary Fully Paid
2025-08-05 Pinnacle Group Entities & PFSL Acquisition 21,235.04
$
68 68 Ordinary Fully Paid
2025-08-07 Pinnacle Group Entities & PFSL Acquisition 190,667.35
$
607 607 Ordinary Fully Paid
2025-08-11 Pinnacle Group Entities & PFSL Acquisition 4,327,335.25
$
13,993 13,993 Ordinary Fully Paid
2025-08-12 Pinnacle Group Entities & PFSL Disposal 1,192,967.46
-$
3,826
-
3,826
-
Ordinary Fully Paid
2025-08-13 Pinnacle Group Entities & PFSL Acquisition 2,347,015.81
$
7,500 7,500 Ordinary Fully Paid
2025-08-14 Pinnacle Group Entities & PFSL Acquisition 34,283.20
$
112 112 Ordinary Fully Paid
2025-08-15 Pinnacle Group Entities & PFSL Acquisition 12,436,058.20
$
40,587 40,587 Ordinary Fully Paid
2025-08-15 Pinnacle Group Entities & PFSL Acquisition - In-specie
transfer in
797,297.40
$
2,580 2,580 Ordinary Fully Paid
2025-08-15 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
797,297.40
-$
2,580
-
2,580
-
Ordinary Fully Paid
2025-08-18 Pinnacle Group Entities & PFSL Acquisition 8,480,950.26
$
27,958 27,958 Ordinary Fully Paid
2025-08-18 Pinnacle Group Entities & PFSL Disposal 573,456.60
-$
1,935
-
1,935
-
Ordinary Fully Paid
2025-08-19 Pinnacle Group Entities & PFSL Acquisition 14,387,637.91
$
48,498 48,498 Ordinary Fully Paid
2025-08-19 Pinnacle Group Entities & PFSL Acquisition - In-specie
transfer in
214,603.20
$
720 720 Ordinary Fully Paid
2025-08-19 Pinnacle Group Entities & PFSL Disposal 1,398,079.45
-$
4,695
-
4,695
-
Ordinary Fully Paid
2025-08-19 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
214,603.20
-$
720
-
720
-
Ordinary Fully Paid
2025-08-20 Pinnacle Group Entities & PFSL Acquisition 3,928,678.84
$
13,062 13,062 Ordinary Fully Paid
2025-08-21 Pinnacle Group Entities & PFSL Acquisition 617,926.88
$
2,041 2,041 Ordinary Fully Paid
2025-08-21 Pinnacle Group Entities & PFSL Acquisition - In-specie
transfer in
270,364.20
$
890 890 Ordinary Fully Paid
2025-08-21 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
270,364.20
-$
890
-
890
-
Ordinary Fully Paid
2025-08-25 Pinnacle Group Entities & PFSL Acquisition 5,562,282.74
$
18,430 18,430 Ordinary Fully Paid
2025-08-25 Pinnacle Group Entities & PFSL Disposal 332,223.10
-$
1,100
-
1,100
-
Ordinary Fully Paid
2025-08-26 Pinnacle Group Entities & PFSL Acquisition 4,943,898.39
$
16,421 16,421 Ordinary Fully Paid
2025-08-27 Pinnacle Group Entities & PFSL Acquisition 903,501.24
$
2,991 2,991 Ordinary Fully Paid
2025-08-29 Pinnacle Group Entities & PFSL Acquisition 328,514.49
$
1,089 1,089 Ordinary Fully Paid
2025-08-29 Pinnacle Group Entities & PFSL Disposal 355,829.00
-$
1,180
-
1,180
-
Ordinary Fully Paid
2025-09-04 Pinnacle Group Entities & PFSL Disposal 254,304.48
-$
853
-
853
-
Ordinary Fully Paid
2025-09-05 Pinnacle Group Entities & PFSL Acquisition 712,008.01
$
2,384 2,384 Ordinary Fully Paid
2025-09-05 Pinnacle Group Entities & PFSL Disposal 119,501.01
-$
400
-
400
-
Ordinary Fully Paid
2025-09-09 Pinnacle Group Entities & PFSL Disposal 389,440.64
-$
1,303
-
1,303
-
Ordinary Fully Paid
2025-09-10 Pinnacle Group Entities & PFSL Acquisition 101,599.42
$
338 338 Ordinary Fully Paid
2025-09-15 Pinnacle Group Entities & PFSL Acquisition 50,081.46
$
166 166 Ordinary Fully Paid
2025-09-16 Pinnacle Group Entities & PFSL Disposal 1,080,100.81
-$
3,575
-
3,575
-
Ordinary Fully Paid
2025-09-17 Pinnacle Group Entities & PFSL Acquisition 235,956.87
$
797 797 Ordinary Fully Paid
2025-09-18 Pinnacle Group Entities & PFSL Acquisition 100,618.87
$
341 341 Ordinary Fully Paid
2025-09-18 Pinnacle Group Entities & PFSL Disposal 473,091.52
-$
1,600
-
1,600
-
Ordinary Fully Paid
2025-09-22 Pinnacle Group Entities & PFSL Disposal 39,824.88
-$
136
-
136
-
Ordinary Fully Paid
2025-09-23 Pinnacle Group Entities & PFSL Acquisition 3,370,352.24
$
11,518 11,518 Ordinary Fully Paid
2025-09-25 Pinnacle Group Entities & PFSL Disposal 36,323,939.66
-$
127,460
-
127,460
-
Ordinary Fully Paid
2025-09-29 Pinnacle Group Entities & PFSL Disposal 890,420.07
-$
3,187
-
3,187
-
Ordinary Fully Paid
2025-09-30 Pinnacle Group Entities & PFSL Acquisition 11,236,523.05
$
40,127 40,127 Ordinary Fully Paid
2025-10-01 Pinnacle Group Entities & PFSL Acquisition 5,315,773.48
$
19,076 19,076 Ordinary Fully Paid
2025-10-01 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
6,381,617.26
-$
22,874
-
22,874
-
Ordinary Fully Paid
2025-10-02 Pinnacle Group Entities & PFSL Disposal 144,445.41
-$
513
-
513
-
Ordinary Fully Paid
2025-10-06 Pinnacle Group Entities & PFSL Acquisition 5,106.24
$
18 18 Ordinary Fully Paid
2025-10-09 Pinnacle Group Entities & PFSL Disposal 4,632,786.91
-$
16,353
-
16,353
-
Ordinary Fully Paid
2025-10-17 Pinnacle Group Entities & PFSL Acquisition 167,956.32
$
588 588 Ordinary Fully Paid
2025-10-21 Pinnacle Group Entities & PFSL Acquisition 784,681.98
$
2,721 2,721 Ordinary Fully Paid
2025-10-22 Pinnacle Group Entities & PFSL Disposal 106,120.16
-$
368
-
368
-
Ordinary Fully Paid
2025-10-24 Pinnacle Group Entities & PFSL Disposal 200,613.66
-$
692
-
692
-
Ordinary Fully Paid
2025-10-27 Pinnacle Group Entities & PFSL Acquisition 101,298.60
$
351 351 Ordinary Fully Paid
2025-10-27 Pinnacle Group Entities & PFSL Disposal 303,378.56
-$
1,050
-
1,050
-
Ordinary Fully Paid
2025-10-30 Pinnacle Group Entities & PFSL Acquisition 892,228.05
$
3,121 3,121 Ordinary Fully Paid
2025-10-30 Pinnacle Group Entities & PFSL Disposal 36,016.57
-$
126
-
126
-
Ordinary Fully Paid
2025-10-31 Pinnacle Group Entities & PFSL Disposal 10,165,267.50
-$
35,850
-
35,850
-
Ordinary Fully Paid
2025-11-03 Pinnacle Group Entities & PFSL Disposal 28,807,294.92
-$
102,322
-
102,322
-
Ordinary Fully Paid
2025-11-05 Pinnacle Group Entities & PFSL Disposal 576,518.84
-$
2,029
-
2,029
-
Ordinary Fully Paid
2025-11-06 Pinnacle Group Entities & PFSL Disposal 4,218,172.90
-$
14,870
-
14,870
-
Ordinary Fully Paid
2025-11-07 Pinnacle Group Entities & PFSL Disposal 1,862,174.41
-$
6,542
-
6,542
-
Ordinary Fully Paid
2025-11-10 Pinnacle Group Entities & PFSL Disposal 25,001,578.70
-$
88,298
-
88,298
-
Ordinary Fully Paid
2025-11-11 Pinnacle Group Entities & PFSL Disposal 13,823,760.00
-$
48,200
-
48,200
-
Ordinary Fully Paid
2025-11-12 Pinnacle Group Entities & PFSL Disposal 3,409,637.26
-$
11,880
-
11,880
-
Ordinary Fully Paid
2025-11-13 Pinnacle Group Entities & PFSL Disposal 20,497,312.00
-$
71,853
-
71,853
-
Ordinary Fully Paid
2025-11-14 Pinnacle Group Entities & PFSL Disposal 3,349,601.61
-$
12,191
-
12,191
-
Ordinary Fully Paid
2025-11-17 Pinnacle Group Entities & PFSL Acquisition 139,223.59
$
510 510 Ordinary Fully Paid
2025-11-17 Pinnacle Group Entities & PFSL Disposal 14,669,497.69
-$
53,705
-
53,705
-
Ordinary Fully Paid
2025-11-18 Pinnacle Group Entities & PFSL Disposal 659,539.81
-$
2,429
-
2,429
-
Ordinary Fully Paid
2025-11-20 Pinnacle Group Entities & PFSL Disposal 1,778,591.71
-$
6,596
-
6,596
-
Ordinary Fully Paid
2025-11-21 Pinnacle Group Entities & PFSL Acquisition 117,769.05
$
441 441 Ordinary Fully Paid
2025-11-21 Pinnacle Group Entities & PFSL Disposal 286,435.74
-$
1,072
-
1,072
-
Ordinary Fully Paid
2025-11-24 Pinnacle Group Entities & PFSL Disposal 8,521,998.50
-$
31,645
-
31,645
-
Ordinary Fully Paid
2025-11-25 Pinnacle Group Entities & PFSL Disposal 5,125,224.63
-$
18,588
-
18,588
-
Ordinary Fully Paid
2025-11-26 Pinnacle Group Entities & PFSL Acquisition 2,054,579.49
$
7,358 7,358 Ordinary Fully Paid
2025-11-26 Pinnacle Group Entities & PFSL Disposal 3,738,689.74
-$
13,400
-
13,400
-
Ordinary Fully Paid
2025-11-27 Pinnacle Group Entities & PFSL Acquisition 87,926.19
$
314 314 Ordinary Fully Paid
2025-11-27 Pinnacle Group Entities & PFSL Disposal 158,932.74
-$
568
-
568
-
Ordinary Fully Paid
2025-11-28 Pinnacle Group Entities & PFSL Disposal 627,338.79
-$
2,245
-
2,245
-
Ordinary Fully Paid
2025-12-01 Pinnacle Group Entities & PFSL Disposal 4,397,401.45
-$
15,943
-
15,943
-
Ordinary Fully Paid
2025-12-03 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
14,699,800.00
-$
53,600
-
53,600
-
Ordinary Fully Paid
2025-12-04 Pinnacle Group Entities & PFSL Acquisition 190,159.73
$
699 699 Ordinary Fully Paid
2025-12-05 Pinnacle Group Entities & PFSL Acquisition 188,900.25
$
700 700 Ordinary Fully Paid
2025-12-11 Pinnacle Group Entities & PFSL Acquisition 558,097.78
$
2,124 2,124 Ordinary Fully Paid
2025-12-12 Pinnacle Group Entities & PFSL Acquisition 74,244.74
$
280 280 Ordinary Fully Paid
2025-12-12 Pinnacle Group Entities & PFSL Disposal 2,142,509.10
-$
8,120
-
8,120
-
Ordinary Fully Paid
2025-12-15 Pinnacle Group Entities & PFSL Disposal 1,167,491.61
-$
4,413
-
4,413
-
Ordinary Fully Paid
2025-12-16 Pinnacle Group Entities & PFSL Acquisition 319,092.93
$
1,223 1,223 Ordinary Fully Paid
2025-12-18 Pinnacle Group Entities & PFSL Acquisition 20,968.69
$
81 81 Ordinary Fully Paid
2025-12-19 Pinnacle Group Entities & PFSL Acquisition 156,123.78
$
606 606 Ordinary Fully Paid
2025-12-23 Pinnacle Group Entities & PFSL Acquisition 402,968.20
$
1,535 1,535 Ordinary Fully Paid
2025-12-29 Pinnacle Group Entities & PFSL Disposal 442,815.32
-$
1,700
-
1,700
-
Ordinary Fully Paid
2026-01-06 Pinnacle Group Entities & PFSL Acquisition 43,995.67
$
169 169 Ordinary Fully Paid
2026-01-12 Pinnacle Group Entities & PFSL Disposal 471,398.47
-$
1,778
-
1,778
-
Ordinary Fully Paid
2026-01-14 Pinnacle Group Entities & PFSL Disposal 81,659.16
-$
306
-
306
-
Ordinary Fully Paid
2026-01-21 Pinnacle Group Entities & PFSL Acquisition 5,705,926.60
$
21,155 21,155 Ordinary Fully Paid
2026-01-23 Pinnacle Group Entities & PFSL Acquisition 214,395.86
$
782 782 Ordinary Fully Paid
2026-01-27 Pinnacle Group Entities & PFSL Disposal 138,571.50
-$
500
-
500
-
Ordinary Fully Paid
2026-01-29 Pinnacle Group Entities & PFSL Acquisition 2,638,417.00
$
10,000 10,000 Ordinary Fully Paid
2026-01-29 Pinnacle Group Entities & PFSL Disposal 326,729.76
-$
1,238
-
1,238
-
Ordinary Fully Paid
2026-01-30 Pinnacle Group Entities & PFSL Acquisition 2,692,651.00
$
10,000 10,000 Ordinary Fully Paid
2026-01-30 Pinnacle Group Entities & PFSL Disposal 460,064.27
-$
1,707
-
1,707
-
Ordinary Fully Paid
2026-02-03 Pinnacle Group Entities & PFSL Acquisition 10,976,241.81
$
41,134 41,134 Ordinary Fully Paid
2026-02-04 Pinnacle Group Entities & PFSL Disposal 6,667,245.75
-$
25,625
-
25,625
-
Ordinary Fully Paid
2026-02-05 Pinnacle Group Entities & PFSL Acquisition 6,706,540.80
$
25,920 25,920 Ordinary Fully Paid
2026-02-05 Pinnacle Group Entities & PFSL Disposal 1,361,705.87
-$
5,262
-
5,262
-
Ordinary Fully Paid
2026-02-06 Pinnacle Group Entities & PFSL Acquisition 2,109,081.87
$
8,388 8,388 Ordinary Fully Paid
2026-02-06 Pinnacle Group Entities & PFSL Disposal 3,525,454.35
-$
14,098
-
14,098
-
Ordinary Fully Paid
2026-02-09 Pinnacle Group Entities & PFSL Disposal 4,754.64
-$
19
-
19
-
Ordinary Fully Paid
2026-02-11 Pinnacle Group Entities & PFSL Disposal 162,966.53
-$
640
-
640
-
Ordinary Fully Paid
2026-02-16 Pinnacle Group Entities & PFSL Acquisition 10,309,651.76
$
51,234 51,234 Ordinary Fully Paid
2026-02-16 Pinnacle Group Entities & PFSL Disposal 170,027.98
-$
846
-
846
-
Ordinary Fully Paid
2026-02-17 Pinnacle Group Entities & PFSL Acquisition 96,624.05
$
483 483 Ordinary Fully Paid
2026-02-18 Pinnacle Group Entities & PFSL Acquisition 125,559.79
$
631 631 Ordinary Fully Paid
2026-02-19 Pinnacle Group Entities & PFSL Acquisition 3,816,260.65
$
19,053 19,053 Ordinary Fully Paid
2026-02-19 Pinnacle Group Entities & PFSL Disposal 1,997,098.00
-$
10,000
-
10,000
-
Ordinary Fully Paid
2026-02-20 Pinnacle Group Entities & PFSL Acquisition 7,881,333.30
$
39,672 39,672 Ordinary Fully Paid
2026-02-20 Pinnacle Group Entities & PFSL Disposal 1,980,829.00
-$
10,000
-
10,000
-
Ordinary Fully Paid
2026-02-23 Pinnacle Group Entities & PFSL Acquisition 7,862,596.32
$
40,032 40,032 Ordinary Fully Paid
2026-02-24 Pinnacle Group Entities & PFSL Acquisition 18,717,119.99
$
96,000 96,000 Ordinary Fully Paid
2026-02-24 Pinnacle Group Entities & PFSL Disposal 1,550,216.80
-$
8,000
-
8,000
-
Ordinary Fully Paid
2026-02-25 Pinnacle Group Entities & PFSL Acquisition 9,139,231.81
$
46,577 46,577 Ordinary Fully Paid
2026-02-26 Pinnacle Group Entities & PFSL Acquisition 11,418,061.21
$
57,723 57,723 Ordinary Fully Paid
2026-02-26 Pinnacle Group Entities & PFSL Disposal 156,996.69
-$
792
-
792
-
Ordinary Fully Paid
2026-02-27 Pinnacle Group Entities & PFSL Disposal 22,693,781.73
-$
113,204
-
113,204
-
Ordinary Fully Paid
2026-03-02 Pinnacle Group Entities & PFSL Disposal 4,898,177.96
-$
24,941
-
24,941
-
Ordinary Fully Paid
2026-03-03 Pinnacle Group Entities & PFSL Disposal 9,722,518.40
-$
50,218
-
50,218
-
Ordinary Fully Paid
2026-03-03 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
12,410,891.84
-$
64,432
-
64,432
-
Ordinary Fully Paid
2026-03-04 Pinnacle Group Entities & PFSL Disposal 23,150,929.94
-$
123,650
-
123,650
-
Ordinary Fully Paid
2026-03-04 Pinnacle Group Entities & PFSL Disposal - In-specie
transfer out
30,716,398.19
-$
165,293
-
165,293
-
Ordinary Fully Paid
2026-03-05 Pinnacle Group Entities & PFSL Disposal 4,655,319.45
-$
25,085
-
25,085
-
Ordinary Fully Paid
2026-03-06 Pinnacle Group Entities & PFSL Disposal 7,434,004.59
-$
41,143
-
41,143
-
Ordinary Fully Paid
2026-03-09 Pinnacle Group Entities & PFSL Acquisition 4,227.75
$
25 25 Ordinary Fully Paid
2026-03-09 Pinnacle Group Entities & PFSL Disposal 41,637,275.00
-$
236,842
-
236,842
-
Ordinary Fully Paid

This is Annexure "A - Part 1" as mentioned in form 605 Notice of ceasing to be a substantial holder

==> picture [147 x 28] intentionally omitted <==

Terence Kwong Company Secretary Date: 12/03/2026

COCHLEAR 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 605 Notice of ceasing to be a substantial holder

==> picture [177 x 33] intentionally omitted <==

Terence Kwong Company Secretary Date: 12/03/2026

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

This is Annexure "B" as mentioned in form 605 Notice of ceasing to be a substantial holder

==> picture [164 x 33] intentionally omitted <==

Terence Kwong Company Secretary Date: 12/03/2026

COCHLEAR LTD Annexure C

COCHLEAR LTD
Annexure C
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 "C" as mentioned in form 605 Notice of ceasing to be a substantial holder

==> picture [177 x 33] intentionally omitted <==

Terence Kwong Company Secretary Date: 12/03/2026