GENTRACK GROUP LIMITED — Major Shareholding Notification 2025

Mar 19, 2025

Gentrack Ltd 17 Hargreaves Street, St Marys Bay Auckland 1011, PO Box 3288, Auckland 1140, New Zealand Ph: +64 9 966 6090 Email: info@gentrack.com

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20 March 2025

Substantial Product Holder Notice

Gentrack Group Limited (NZX/ASX: GTK) (Gentrack) wishes to advise that it has received the attached notice.

ENDS

Contact details regarding this announcement:

Anna Ellis – Company Secretary +64 204 020 3980

About Gentrack

We are entering a new era, with utilities worldwide transforming to meet business and sustainability targets. For over 35 years Gentrack has been partnering with the world’s leading utilities, and more than 60 energy and water companies rely on us.

Gentrack, with our partners Salesforce and AWS, are leading today’s transformation with g2.0, an end-to-end product-to-profit solution. Using low code / no code, and composable technology, g2.0 allows utilities to launch new propositions in days, reduce cost-to-serve and lead in total experience. https://www.gentrack.com

1

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both

Sections 277 and 278, Financial Markets Conduct Act 2013

To New Zealand Stock Exchange

and

To Gentrack Limited

Relevant event being disclosed: Change of nature in relevant interest

Date of relevant event: 18/03/2025

Date this disclosure made: 19/03/2025

Date last disclosure made: 06/03/2025

Substantial product holder(s) giving disclosure

Full name(s): Milford Asset Management Limited

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Milford Asset Management Limited

For this disclosure,—

• (a) total number held in class: 11,882,413

• (b) total in class: 107,717,093

• (c) total percentage held in class: 11.031%

		Units	%
Milford Active Growth Wholesale Fund	Custodian – HSBC	8,742,949	8.1166%
Milford Australian Absolute Growth Wholesale Fund	Custodian – HSBC	9,284	0.0086%
Milford NZ Equities Wholesale Fund	Custodian – HSBC	2,538,648	2.3568%
Milford Aggressive Fund	Custodian – HSBC	25,778	0.0239%
Milford Trans-Tasman EquityScreened Wholesale Fund	Custodian – HSBC	46,283	0.0430%
Milford Dynamic Small Companies Fund	Custodian – HSBC	32,132	0.0298%
Milford Dynamic Wholesale Fund	Custodian – HSBC	487,339	0.4524%

For last disclosure,—

a) total number held in class: 10,656,735

• (b) total in class: 107,717,093

• (c) total percentage held in class: 9.893%

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		Units	%
Milford Active Growth Wholesale Fund	Custodian – HSBC	7,969,271	7.39833%
Milford Australian Absolute Growth Wholesale Fund	Custodian – HSBC	9,284	0.00862%
Milford NZ Equities Wholesale Fund	Custodian – HSBC	2,088,648	1.93901%
Milford Aggressive Fund	Custodian – HSBC	23,778	0.02207%
Milford Trans-Tasman Equity Screened Wholesale Fund	Custodian – HSBC	46,283	0.04297%
Milford Dynamic Small Companies Fund	Custodian – HSBC	32,132	0.02983%
Milford Dynamic Wholesale Fund	Custodian – HSBC	487,339	0.45242%

Details of transactions and events giving rise to relevant event

• On market buys for GTK NZ totalling 1,225,678 units for total consideration of $12,890,730.23 NZD.

Additional information

Address(es) of substantial product holder(s): Level 12, 50 Albert Street, Auckland, 1010, New Zealand

Contact details: Contact details: Rukshar Rahmat, Operations Associate, Trades@milfordasset.com +64 9 921 4853

Certification

I, Rukshar Rahmat, 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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