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DUG TECHNOLOGY LTD Major Shareholding Notification 2026

Apr 19, 2026

64796_rns_2026-04-19_7de812be-a8af-4492-acfa-bdae4cdff66b.pdf

Major Shareholding Notification

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605 Page 1 of 2

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme DUG TECHNOLOGY LTD ACN/ARSN/ ABN 99 169 944 334

1. Details of substantial holder (1)

Name JPMorgan Chase & Co. and its affiliates ACN/ARSN (if applicable) NA

The holder ceased to be a substantial holder on 15/April/2026 The previous notice was given to the company on 09/April/2026 07/April/2026

The previous notice was dated

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
See
Appendix
J.P. MORGAN
SECURITIES PLC
Rehypothecation of client securities
under a Prime Brokerage Agreement
See Appendix 100,000
(Ordinary)

100,000
(Ordinary)
See
Appendix
J.P. MORGAN
SECURITIES
AUSTRALIA
LIMITED
Purchase and sales of securities in its
capacity as Principal/Proprietary
See Appendix 28,788
(Ordinary)

28,788
(Ordinary)

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
J.P. MORGAN SECURITIES AUSTRALIA LIMITED Subsidiary of JPMorgan Chase & Co.
J.P. MORGAN SECURITIES PLC Subsidiary of JPMorgan Chase & Co.

4. Addresses

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

Name Name Address
JPMorgan Chase & Co. 270 Park Avenue, New York, New York, NY, 10017, United States
J.P. MORGAN SECURITIES AUSTRALIA LIMITED LEVEL 18,83-85 CASTLEREAGH STREET,SYDNEY,NSW 2000,Australia
J.P. MORGAN SECURITIES PLC 25 Bank Street, Canary Wharf, London, E14 5JP, England
Signature
Print name
Sign here
Usha B. Basaweka
Date
17/April/2026

605 Page 2 of 2

DIRECTIONS

  • (1) If there are a number of substantial holders with similar or related relevant interests (e.g. 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 n 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) T he 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.

TRADES FOR RELEVANT PERIOD Appendix
Transaction Date Entity Product Type Type of Transaction Quantity Price (AUD) Consideration
Balance at start of relevant period
6,878,333
8-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (44) 2.03 89.32
$
8-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 5,316 2.00 10,643.08
$
9-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (908) 2.02 1,834.16
$
9-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (4,003) 1.99 7,975.49
$
10-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 413 2.01 830.13
$
10-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (1,217) 2.00 2,434.13
$
10-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (654) 2.10 1,373.40
$
10-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 132 1.97 260.04
$
13-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (857) 1.97 1,690.77
$
14-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (1) 2.02 2.02
$
14-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 2,267 1.99 4,509.42
$
14-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (26) 1.98 51.51
$
14-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 11,073 1.97 21,813.81
$
14-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (38) 1.98 75.24
$
15-Apr-26 J.P. MORGAN SECURITIES PLC Equity On-Lend Return (100,000) - -
$
15-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (1,247) 1.97 2,450.78
$
15-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 186 1.97 366.94
$
15-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (39,182) 1.95 76,498.27
$
15-Apr-26 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 2 1.95 3.91
$
Balance at end of relevant period
6,749,545

1/1

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

Date: 17-Apr-2026
Company’s name: DUG TECHNOLOGY LTD
ISIN: AU0000095721
Date of change
of relevant
interests:
15-Apr-2026
Schedule
Type of agreement Global Master Securities Lending Agreement ("GMSLA")
Parties to
agreement
JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Merrill Lynch International(Borrower)
Transfer date Settlement Date
11-Dec-2025
Holder of voting
rights
Borrower
Are there any
restriction on
voting rights
Yes
If yes, detail The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in
accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the
borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes
are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 6.6 of the
standard form GMSLA.
Scheduled return
date(if any)
None
Does the borrower
have the right to
**return early? **
Yes
If yes, detail Borrower has right to return all and any equivalent securities early at any time in accordance with the
lender's instructions.
Does the lender
have the right to
**recall early? **
Yes
If yes, detail Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of
not less than the standard settlement time for such equivalent securities on the exchange or in the clearing
organisation through which the relevant borrowed securities were originally delivered (and where there is a
difference between the settlement time for sales and purchases on the relevant exchange or clearing
organisation, the standard settlement time shall be the shorter of the two times). The borrower must return
the securities not later than the expiry of such notice in accordance with the lender's instructions.
Will the securities
be returned on
settlement?
Yes
If yes, detail any
exceptions
No exceptions
Statement If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of
the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date: 17-Apr-2026
Company’s name: DUG TECHNOLOGY LTD
ISIN: AU0000095721
Date of change of
relevant interests:
15-Apr-2026
Schedule
Type of agreement Master Overseas Securities Borrowing Agreement
Parties to agreement J.P. Morgan Securities Plc ("borrower") and The Northern Trust Company as agent ("lender")
Transfer date Settlement Date
21-Oct-2025
Holder of voting
rights
Borrower
Are there any
restriction on voting
rights
Yes
If yes, detail The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in
accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify
the borrower of its instructions in writing no later than 7 business days prior to the date upon which such
votes are exercisable or as otherwise agreed between the parties. This undertaking is in clause 4(B)(vi) of
the agreement.
Scheduled return
date (if any)
None
Does the borrower
have the right to
**return early? **
Yes
If yes, detail Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and
outstandingto the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have
the right to recall
early?

Yes
If yes, detail Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of
not less than the standard settlement time for such equivalent securities on the exchange or in the clearing
organisation through which the relevant borrowed securities were originally delivered. The borrower must
return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be
returned on
settlement?

Yes
If yes, detail any
exceptions
No exceptions
Statement If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of
the agreement will begiven to that companyor ASIC.