Mainfreight Limited — Major Shareholding Notification 2023

Sep 6, 2023

Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013

To New Zealand Exchange

And

To Mainfreight Limited

Date this disclosure made: 06 September 2023

Date last disclosure made: 07 December 2022

Date on which substantial holding ceased: 01 September 2023

Substantial product holder(s) giving disclosure

Full name(s): Fisher Funds Management Limited

Summary of previous substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Fisher Funds Management Limited

For last disclosure,

• (a) total number held in class: 5,060,086

• (b) total in class: 100,698,548

• (c) total percentage held in class: 5.0250%

For current holding after ceasing to have substantial holding,

• (a) total number held in class: 4,867,474

• (b) total in class: 100,698,548

• (c) total percentage held in class: 4.8337%

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Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure:

Date of change	Nature of change	Considerationgiven in relationto change	Class and number ofsecurities affected	Otherparty, ifknown
09/12/2022 to16/12/2022	On marketpurchases	-$304,072.46	4,350 Ordinary Shares	N/A
17/12/2022 to20/12/2022	On market sales	$648,653.88	9,575 Ordinary Shares	N/A
10/01/2023 to17/01/2023	On marketpurchases	-$194,338.64	2,841 Ordinary Shares	N/A
25/01/2023 to20/02/2023	On market sales	$714,625.05	9,856 Ordinary Shares	N/A
21/02/2023 to31/07/2023	On marketpurchases	-$6,312,265.45	89,635 OrdinaryShares	N/A
31/08/2023 to01/09/2023	On market sales	$17,663,199.28	270,007 OrdinaryShares	N/A

Details after relevant event

Details for Fisher Funds Management Limited

Nature of relevant interest(s): Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities. No relevant agreement documentation is required to be attached as the investment management contract exemption under regulation 14 applies.

For that relevant interest,—

• (a) number held in class: See below.

• (b) percentage held in class: See below.

• (c) current registered holder(s): See below.

• (d) registered holder(s) once transfers are registered: Unknown

Percentage held in class	Current registered holders
4.8337%	TEA Custodians on behalf of the Fisher Funds NewZealand Growth Fund, Fisher Funds New ZealandPremium Fund, Kingfish Limited, Trans Tasman EquityFund, andFisher Funds CoreNew ZealandFund.

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For a derivative relevant interest, also—

• (a) type of derivative: Not applicable

• (b) details of derivative: Not applicable

• (c) parties to the derivative: Not applicable

• (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: Not applicable

Additional information

Address(es) of substantial product holder(s): Fisher Funds Management Limited, Level 1, 67-73 Hurstmere Road, Takapuna, Auckland

Contact details: Angela Quirk, Angela@fisherfunds.co.nz, +64 9 487 2627

Nature of connection between substantial product holders: Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities

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: Not applicable

Certification

I, Angela Quirk, 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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