NICK SCALI LIMITED — Major Shareholding Notification 2024

Oct 1, 2024

603 page 1/2

15 July 2001

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme ACN/ARSN 1. Details of substantial holder (1) Name ACN/ARSN (if applicable) The holder became a substantial holder on	Nick Scali Limited 000 403 896 Vanguard Group (The Vanguard Group, Inc. and its controlled entities including those
	listed in Annexure A)
	N/A
	26 September 2024

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person’s votes (5)	Voting power (6)
Ordinary	4,300,342	4,300,342	5.046%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Vanguard Group	Vanguard Group is the manager of various Mutual funds and accounts and in that capacity has the power to dispose of the shares. The other members of Vanguard Group have a relevant interest under section 608(3) of the Corporations Act.	Ordinary – 4,300,342

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Vanguard Group	Brown Brothers Harriman	Various funds and accounts of Vanguard Group	Ordinary – 47,598
Vanguard Group	BNY Mellon	Various funds and accounts of Vanguard Group	Ordinary – 353,980
Vanguard Group	JP Morgan Chase Bank, N.A.	Various funds and accounts of Vanguard Group	Ordinary – 3,126,492
Vanguard Group	State Street Bank and Trust Company	Various funds and accounts of Vanguard Group	Ordinary – 772,272

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

External Use Authorized

Holder of relevant interest Date of acquisition Consideration (9) Class and number of securities See Annexure A

603 page 2/2 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Nature of association N/A N/A

7. Addresses

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

Name Address Vanguard Group P.O. Box 2600, V26 Valley Forge, PA 19482 USA print name: Shawn Acker capacity Compliance Manager sign here date 01 October 2024

External Use Authorized

	DIRECTIONS
(1)	If there are a number of substantial holders with similar or related 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 7 of the form.
(2)	See the definition of “associate” in section 9 of the Corporations Act 2001.
(3)	See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Act 2001.
(4)	The voting shares of a company constitute one class unless divided into separate classes.
(5)	The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person
	or an
	Associate has a relevant interest in.
(6)	The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.
(7)	Include details of:
	(a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.
(8)	If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write
	“unknown”.
(9)	Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest has
	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 of its associate in relation to the
	acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

External Use Authorized

To Company Nick Scali Limited ACN/ARSN 000 403 896

Substantial Holder Name Vanguard Group ACN/ARSN N/A

Date of change	Person whose relevant interest changed	Nature of Change(6)	Consideration given in relation to change(7)	Class	Number of securities affected	Person's votes affected
26-Jun-2024	The Vanguard Group,Inc.	BUY	13.64	Ordinary	8,860	8,860
2-Aug-2024	The Vanguard Group,Inc.	BUY	15.36	Ordinary	12,536	12,536
16-Sep-2024	The Vanguard Group,Inc.	BUY	15.45	Ordinary	3,143	3,143
16-Sep-2024	The Vanguard Group,Inc.	BUY	15.45	Ordinary	4,075	4,075
16-Sep-2024	The Vanguard Group,Inc.	BUY	15.45	Ordinary	1,702	1,702
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	305	305
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	25,610	25,610
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	83,607	83,607
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	303,171	303,171
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	34,540	34,540
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	393,050	393,050
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	3,801	3,801
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	164,102	164,102
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	6,819	6,819
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	16,281	16,281
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	5,417	5,417
20-Sep-2024	The Vanguard Group,Inc.	BUY	16.23	Ordinary	161	161
25-Sep-2024	The Vanguard Group,Inc.	BUY	15.89	Ordinary	9,704	9,704
26-Sep-2024	The Vanguard Group,Inc.	BUY	16.32	Ordinary	39,788	39,788
26-Sep-2024	The Vanguard Group,Inc.	BUY	16.32	Ordinary	15,873	15,873
31-May-2024	Vanguard Investments Australia Ltd.	BUY	13.90	Ordinary	66	66
4-Jun-2024	Vanguard Investments Australia Ltd.	SELL	13.78	Ordinary	(1,512)	(1,512)
5-Jun-2024	Vanguard Investments Australia Ltd.	SELL	13.74	Ordinary	(132)	(132)
13-Jun-2024	Vanguard Investments Australia Ltd.	BUY	13.98	Ordinary	504	504
19-Jun-2024	Vanguard Investments Australia Ltd.	BUY	14.08	Ordinary	6,589	6,589
21-Jun-2024	Vanguard Investments Australia Ltd.	BUY	14.04	Ordinary	56,839	56,839
24-Jun-2024	Vanguard Investments Australia Ltd.	BUY	13.91	Ordinary	66	66
27-Jun-2024	Vanguard Investments Australia Ltd.	BUY	13.82	Ordinary	66	66
3-Jul-2024	Vanguard Investments Australia Ltd.	BUY	13.41	Ordinary	33	33
3-Jul-2024	Vanguard Investments Australia Ltd.	BUY	13.41	Ordinary	99	99
4-Jul-2024	Vanguard Investments Australia Ltd.	BUY	13.31	Ordinary	1,265	1,265
5-Jul-2024	Vanguard Investments Australia Ltd.	BUY	13.23	Ordinary	759	759
11-Jul-2024	Vanguard Investments Australia Ltd.	BUY	13.50	Ordinary	66	66
25-Jul-2024	Vanguard Investments Australia Ltd.	BUY	14.65	Ordinary	783	783
31-Jul-2024	Vanguard Investments Australia Ltd.	BUY	15.69	Ordinary	132	132
16-Aug-2024	Vanguard Investments Australia Ltd.	BUY	14.95	Ordinary	99	99
23-Aug-2024	Vanguard Investments Australia Ltd.	BUY	15.52	Ordinary	520	520
23-Aug-2024	Vanguard Investments Australia Ltd.	BUY	15.52	Ordinary	170	170
30-Aug-2024	Vanguard Investments Australia Ltd.	BUY	15.44	Ordinary	7,349	7,349
30-Aug-2024	Vanguard Investments Australia Ltd.	BUY	15.44	Ordinary	1,072	1,072
2-Sep-2024	Vanguard Investments Australia Ltd.	BUY	15.15	Ordinary	269	269
2-Sep-2024	Vanguard Investments Australia Ltd.	BUY	15.15	Ordinary	807	807
10-Sep-2024	Vanguard Investments Australia Ltd.	SELL	14.99	Ordinary	(1,076)	(1,076)
13-Sep-2024	Vanguard Investments Australia Ltd.	BUY	15.27	Ordinary	170	170
16-Sep-2024	Vanguard Investments Australia Ltd.	BUY	15.37	Ordinary	807	807
19-Sep-2024	Vanguard Investments Australia Ltd.	BUY	15.83	Ordinary	136	136
20-Sep-2024	Vanguard Investments Australia Ltd.	BUY	16.23	Ordinary	133,262	133,262
20-Sep-2024	Vanguard Investments Australia Ltd.	BUY	16.23	Ordinary	17,228	17,228
23-Sep-2024	Vanguard Investments Australia Ltd.	BUY	16.20	Ordinary	228	228

This is Annexure A of 1 page referred to in Form 603, Notice of initial substantial holder.

Signature:

==> picture [64 x 23] intentionally omitted <==

Name: Shawn Acker Capacity: Compliance Manager

Date: 01 October 2024

External Use Authorized