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Perpetual Limited Major Shareholding Notification 2026

Apr 27, 2026

10538_rns_2026-04-27_37e939d1-86bc-422d-add1-60a582a24fdb.pdf

Major Shareholding Notification

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Form 604
Corporations Act 2001
Section 671B
Notice of change of interests of substantial holder

To: Company Name/Scheme
GWA Group Limited (GWA)
ACN/ARSN
ACN 055 964 380

  1. Details of substantial holder (1)
    Name
    Perpetual Limited and its related bodies corporate
    ACN/ARSN (if applicable)
    ACN 000 431 827

There was a change in the interests of the substantial holder on
24/04/2026
The previous notice was given to the company on
12/02/2026
The previous notice was dated
10/02/2026

  1. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4) Previous notice Present notice
Person's votes Voting power (5) Person's votes Voting power (5)
Ordinary 43,358,457 16.349% 40,272,793 15.186%
  1. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 (6) Consideration given in relation to change (7) Class and number of securities affected Person's votes affected
Refer to annexure A
  1. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person's votes
Refer to annexure B

  1. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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
  1. Addresses

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

Name Address
Perpetual Limited (PPT) Level 14, 123 Pitt Street Sydney, NSW 2000
Perpetual Investment Management Limited (PIML) Level 14, 123 Pitt Street Sydney, NSW 2000
Perpetual Trustee Company Limited (PTCO) Level 14, 123 Pitt Street Sydney, NSW 2000
GWA Group Limited (GWA) Level 24, 100 Mount Street, North Sydney, NSW 2060

Signature

print name Sylvie Dimarco capacity Company Secretary
sign here Sylvie Dimarco date 28/04/2026

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant 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 6 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 person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

(6) 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.

(7) 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 on 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.

(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) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.


ANNEXURE A

This is annexure 'A' referred to in Form 604, Notice of change of interests of substantial holder, lodged for Perpetual Limited ACN 000 431 827

Sylvie Dimarco – Company Secretary, Perpetual Limited 28/04/2026

Entity Custodian Date Transaction Type Consideration (Cash) Class (Ordinary) and number Person's vote affected
PIML Citicorp Nominees Pty Ltd 2026-02-11 Sale -153,098.83 -58,091 -58,091
PIML Citicorp Nominees Pty Ltd 2026-03-24 Sale -4,787.36 -2,230 -2,230
PIML HSBC Custody Nominees (Australia) Limited 2026-02-16 Sale -125.02 -47 -47
PIML HSBC Custody Nominees (Australia) Limited 2026-02-17 Purchase 24,486.00 10,000 10,000
PIML HSBC Custody Nominees (Australia) Limited 2026-02-20 Purchase 24,334.44 10,144 10,144
PIML HSBC Custody Nominees (Australia) Limited 2026-02-23 Purchase 138,229.93 57,861 57,861
PIML HSBC Custody Nominees (Australia) Limited 2026-03-05 Purchase 67,412.13 28,708 28,708
PIML HSBC Custody Nominees (Australia) Limited 2026-03-11 Sale -70,628.94 -30,998 -30,998
PIML HSBC Custody Nominees (Australia) Limited 2026-03-12 Sale -177,590.89 -80,162 -80,162
PIML HSBC Custody Nominees (Australia) Limited 2026-03-13 Sale -396,575.83 -183,481 -183,481
PIML HSBC Custody Nominees (Australia) Limited 2026-03-16 Sale -261,316.73 -122,008 -122,008
PIML HSBC Custody Nominees (Australia) Limited 2026-03-17 Sale -33,468.74 -15,459 -15,459
PIML HSBC Custody Nominees (Australia) Limited 2026-03-20 Sale -315,253.26 -145,278 -145,278
PIML HSBC Custody Nominees (Australia) Limited 2026-03-20 Sale -566,100.00 -255,000 -255,000
PIML HSBC Custody Nominees (Australia) Limited 2026-03-23 Sale -604,586.16 -279,901 -279,901
PIML HSBC Custody Nominees (Australia) Limited 2026-03-23 Sale -31,126.82 -14,444 -14,444
PIML HSBC Custody Nominees (Australia) Limited 2026-03-24 Sale -423,224.45 -197,142 -197,142
PIML HSBC Custody Nominees (Australia) Limited 2026-03-25 Sale -191,923.35 -88,595 -88,595
PIML HSBC Custody Nominees (Australia) Limited 2026-03-26 Sale -129,556.02 -60,385 -60,385
PIML HSBC Custody Nominees (Australia) Limited 2026-03-30 Sale -49,974.81 -23,741 -23,741
PIML HSBC Custody Nominees (Australia) Limited 2026-04-09 Sale -1,108.19 -509 -509
PIML HSBC Custody Nominees (Australia) Limited 2026-04-10 Sale -7,056.72 -3,267 -3,267
PIML HSBC Custody Nominees (Australia) Limited 2026-04-13 Sale -194,252.60 -90,768 -90,768
PIML HSBC Custody Nominees (Australia) Limited 2026-04-23 Sale -1,593,102.17 -786,290 -786,290
PIML HSBC Custody Nominees (Australia) Limited 2026-04-24 Sale -925,501.16 -460,884 -460,884
PIML JPMorgan Nominees Australia Limited 2026-03-24 Sale -3,042.02 -1,417 -1,417
PIML State Street Bank and Trust 2026-03-19 Purchase 42,413.01 19,511 19,511
PIML UBS Nominees Pty Ltd 2026-02-11 Sale -822,397.23 -312,046 -312,046
PIML UBS Nominees Pty Ltd 2026-03-24 Sale -13,999.28 -6,521 -6,521
PTCO Perpetual Trustee Company Limited 2026-03-04 Purchase 15,923.60 6,776 6,776

ANNEXURE B

This is annexure 'B' referred to in Form 604, Notice of change of interests of substantial holder, lodged for Perpetual Limited ACN 000 431 827

Sylvie Dimarco – Company Secretary, Perpetual Limited 28/04/2026

Holder of relevant interest Registered holder securities Persons entitled to be registered holder Number of securities Number of votes
PIML Citicorp Nominees Pty Ltd Citicorp Nominees Pty Ltd 146,490 146,490
PIML Citicorp Nominees Pty Ltd Citicorp Nominees Pty Ltd 1,538,091 1,538,091
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 1,175,000 1,175,000
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 5,752,293 5,752,293
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 4,888,462 4,888,462
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 4,913,378 4,913,378
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 1,389,394 1,389,394
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 157,131 157,131
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 453,120 453,120
PIML HSBC Custody Nominees (Australia) Limited HSBC Custody Nominees (Australia) Limited 13,184,230 13,184,230
PIML JPMorgan Nominees Australia Limited JPMorgan Nominees Australia Limited 1,455,040 1,455,040
PIML National Nominees Pty Ltd National Nominees Pty Ltd 448,713 448,713
PIML Northern Trust Company Limited Northern Trust Company Limited 269,326 269,326
PIML UBS Nominees Pty Ltd UBS Nominees Pty Ltd 4,495,349 4,495,349
PTCO Perpetual Trustee Company Limited Perpetual Trustee Company Limited 6,776 6,776