GENTRACK GROUP LIMITED — Major Shareholding Notification 2025

Apr 8, 2025

Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013

To	NZX Limited
and
To	Gentrack Group Limited (GTK)
Date this disclosure made:	09 April 2025
Date last disclosure made:	26 March 2025
Date on which substantial	08 April 2025
holding ceased:

Substantial product holder(s) giving disclosure

Full name(s):	FirstCape Group Limited & Harbour Asset Management
	Limited

Summary of substantial holding:

Class of quoted voting products: Ordinary Shares (Shares)	Class of quoted voting products: Ordinary Shares (Shares)	Class of quoted voting products: Ordinary Shares (Shares)
Summary for:		FirstCape Group Limited
Forlastdisclosure	(a) total number held in class:	5,422,060
	(b) total in class:	107,717,093
	(c) total percentage held in class:	5.034%
For current holding afterceasing to have a substantial	(a) total number held in class:	5,308,383
	(b) total in class:	107,717,093
holding	(c) total percentage held in class:	4.928%

Class of quoted voting	products: Ordinary Shares (Shares)	products: Ordinary Shares (Shares)
Summary for:		Harbour Asset Management Limited
Forlastdisclosure	(a) total number held in class: (b) total in class: (c) total percentage held in class:	5,420,560
		107,717,093
		5.032%
	(a) total number held in class:	5,306,883

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(b) total in class:	107,717,093
(c) total percentage held in class:	4.927%

Details of Relevant Interests:

Nature of relevant interest(s):	Relevant interest in Shares that its wholly-owned subsidiary Harbour Asset Management Limited (Harbour) has a relevant interest in. Harbour has the power to exercise (or control the exercise of) rights to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), Shares under investment powers contained in trust deeds or investment management agreements with clients, including BNZ Investments Services Limited (see below). FirstCape Group Limited has those powers and controls indirectly, as the ultimate owner of Harbour.
Number held in class:	5,306,883
Percentage held in class:	4.927%
Current registered holder of financial products:	For on market purchases: Unknown For on market sales: Various nominees or custodians for and on behalf of Harbour Asset Management Limited
Registered holder of financial products once transfer is registered:	For on market purchases: Various nominees or custodians for and on behalf of Harbour Asset Management Limited For on market sales: Unknown
Nature of relevant interest(s):	Relevant interest in Shares that its wholly-owned subsidiary BNZ Investments Services Limited (BNZIL) has a relevant interest in. BNZIL has a beneficial ownership interest in these shares, which are managed by Harbour under an investment management agreement, so are also included in Harbour’s interest referred to above.
Number held in class:	1,153,809
Percentage held in class:	1.071%
Current registered holder of financial products:	For on market purchases: Unknown For on market sales: Various nominees or custodians for and on behalf of Harbour Asset Management Limited
Registered holder of financial products once transfer is registered:	For on market purchases: Various nominees or custodians for and on behalf of Harbour Asset Management Limited For on market sales: Unknown
Nature of relevant interest(s):	Relevant interest in Shares that its wholly-owned subsidiary Jarden Wealth Limited has a relevant interest in. Jarden Wealth Limitedhas the powerto exercise (orcontrolthe

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	exercise of) rights to vote attached to, and power to acquire or dispose of (or control the acquisition or disposal of), Shares under the terms of investment management agreements with clients (who are the beneficial owners of the Shares). FirstCape Group Limited has those powers and controls indirectly, as the ultimate owner of Jarden Wealth Limited.
Number held in class:	1,500
Percentage held in class:	0.001%
Current registered holder of financial products:	For on-market purchases: Unknown For on-market sales: FNZ Custodians Limited
Registered holder of financial products once transfer is registered:	For on-market purchases: FNZ Custodians Limited For on-market sales: Unknown

Details of transactions and events giving rise to substantial holding:

The transactions/events giving rise to this disclosure obligation are on-market buy and sell trades, by FirstCape Group Limited and Harbour Asset Management Limited since 26/03/2025 until 08/04/2025, as summarised in the table below.

Details for:	Harbour (including BNZ Investment Services Limited)	BNZ Investment Services Limited (included in Harbour’s figures)	Jarden Wealth Limited
On-market purchases – number of shares	116,103	9,000	N/A
On-market purchases – gross consideration	$1,288,649.60	$96,461.10	N/A
On-market sales – number of shares	229,780	50,390	N/A
On-market sales – gross consideration	$2,306,331.91	$504,726.40	N/A

Additional information

Address of substantial product Level 21, 171 Featherston Street, Wellington holder:

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Contact details: Madeleine Pumphrey M +64 27 376 8309 Madeleine.pumphrey@jbwere.co.nz

Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: None.

Certification

I, Madeleine Pumphrey, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

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