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SUPPLY NETWORK LIMITED Major Shareholding Notification 2026

Apr 1, 2026

65827_rns_2026-04-01_18af657a-d834-4b47-8ca1-11399cc0468f.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 SUPPLY NETWORK LTD

ACN/ARSN 003 135 680

1. Details of substantial holder (1)

Name Spheria Asset Management Pty Ltd

ACN/ARSN (if applicable) 611 081 326

There was a change in the interests of the substantial holder on 31/03/2026 The previous notice was given to the company on 12/09/2023 The previous notice was dated 12/09/2023

2. 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 FULLY PAID 2,583,397 6.22% 2,189,683 5.00%
REFER TO
ANNEXURE A

3. 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
REFER TO
ANNEXURE
B		 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

4. 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
REFER TO
ANNEXURE
C		 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

5. 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
N/A

6. Addresses

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

Name Address
REFER TO ANNEXURE D

Signature

print name MATTHEW BOOKER capacity DIRECTOR sign here date 02/04/2026

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.

SUPPLY NETWORK LTD

SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD
Annexure A
Holder of relevant interest Nature of relevant interest Number of
securities		 Class of securities
Spheria Asset Management Pty Ltd Spheria Asset Management Pty Ltd in its capacity as
investment manager has the power to control voting and/or
disposal of securities.		 2,189,683 ORDINARY FULLY
PAID

This is Annexure "A" as mentioned in form 604 Notice of change of interests of substantial holder

==> picture [88 x 35] intentionally omitted <==

Matthew Booker Director Date: 02/04/2026

SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD
Annexure B
Date of
change		 Person whose relevant
interest changed		 Nature of
change		 Consideration Class of Securities Number of
securities		 Person's votes
affected
Cash Non-cash
11/09/2023 Spheria Asset
Management		 Purchase 45,930.46
$		 ORDINARY FULLY PAID 3,005 3,005
11/09/2023 As above Sale 37,598.87
-$		 ORDINARY FULLY PAID 2,452
-		 2,452
-
20/09/2023 As above Purchase 138,231.58
$		 ORDINARY FULLY PAID 9,000 9,000
20/09/2023 As above Sale 138,248.87
-$		 ORDINARY FULLY PAID 9,000
-		 9,000
-
28/09/2023 As above Sale 78,610.48
-$		 ORDINARY FULLY PAID 5,176
-		 5,176
-
03/10/2023 As above Dividend
(Reinvested)		 723,465.00
$		 ORDINARY FULLY PAID 53,590 53,590
04/10/2023 As above Sale 10,084.16
-$		 ORDINARY FULLY PAID 676
-		 676
-
05/10/2023 As above Sale 215,132.95
-$		 ORDINARY FULLY PAID 14,454
-		 14,454
-
06/10/2023 As above Sale 398,157.89
-$		 ORDINARY FULLY PAID 26,721
-		 26,721
-
20/11/2023 As above Purchase 57,567.80
$		 ORDINARY FULLY PAID 3,730 3,730
20/11/2023 As above Sale 80,867.43
-$		 ORDINARY FULLY PAID 5,250
-		 5,250
-
21/11/2023 As above Purchase 54,078.39
$		 ORDINARY FULLY PAID 3,499 3,499
21/11/2023 As above Sale 61,655.18
-$		 ORDINARY FULLY PAID 4,000
-		 4,000
-
22/11/2023 As above Purchase 77,266.92
$		 ORDINARY FULLY PAID 5,000 5,000
22/11/2023 As above Sale 77,313.21
-$		 ORDINARY FULLY PAID 4,998
-		 4,998
-
23/11/2023 As above Purchase 9,611.55
$		 ORDINARY FULLY PAID 620 620
23/11/2023 As above Sale 11,622.29
-$		 ORDINARY FULLY PAID 752
-		 752
-
19/12/2023 As above Purchase 248,232.91
$		 ORDINARY FULLY PAID 16,153 16,153
20/12/2023 As above Purchase 135,314.19
$		 ORDINARY FULLY PAID 8,745 8,745
09/01/2024 As above Purchase 128,701.11
$		 ORDINARY FULLY PAID 7,820 7,820
09/01/2024 As above Sale 128,701.11
-$		 ORDINARY FULLY PAID 7,820
-		 7,820
-
15/02/2024 As above Purchase 175,780.90
$		 ORDINARY FULLY PAID 9,935 9,935
15/02/2024 As above Sale 201,616.12
-$		 ORDINARY FULLY PAID 11,426
-		 11,426
-
04/04/2024 As above Dividend
(Reinvested)		 600,630.00
$		 ORDINARY FULLY PAID 40,042 40,042
08/04/2024 As above Purchase 515,970.86
$		 ORDINARY FULLY PAID 26,000 26,000
08/04/2024 As above Sale 544,563.79
-$		 ORDINARY FULLY PAID 27,440
-		 27,440
-
15/04/2024 As above Purchase 431,380.82
$		 ORDINARY FULLY PAID 21,800 21,800
Date of
change		 Person whose relevant
interest changed		 Nature of
change		 Consideration Consideration Class of Securities Number of
securities		 Person's votes
affected
15/04/2024 As above Sale 386,306.12
-$		 ORDINARY FULLY PAID 19,516
-		 19,516
-
29/04/2024 As above Purchase 503,091.26
$		 ORDINARY FULLY PAID 25,481 25,481
29/04/2024 As above Sale 503,091.26
-$		 ORDINARY FULLY PAID 25,481
-		 25,481
-
06/05/2024 As above Purchase 211,981.84
$		 ORDINARY FULLY PAID 10,170 10,170
06/05/2024 As above Sale 203,795.17
-$		 ORDINARY FULLY PAID 9,830
-		 9,830
-
07/05/2024 As above Purchase 185,623.88
$		 ORDINARY FULLY PAID 9,000 9,000
07/05/2024 As above Sale 204,627.82
-$		 ORDINARY FULLY PAID 9,939
-		 9,939
-
08/05/2024 As above Sale 20.52
-$		 ORDINARY FULLY PAID 1
-		 1
-
10/05/2024 As above Sale 20,535.00
-$		 ORDINARY FULLY PAID 1,000
-		 1,000
-
14/05/2024 As above Sale 187,644.55
-$		 ORDINARY FULLY PAID 9,000
-		 9,000
-
16/05/2024 As above Sale 1,622,181.60
-$		 ORDINARY FULLY PAID 75,101
-		 75,101
-
17/05/2024 As above Sale 648,000.00
-$		 ORDINARY FULLY PAID 30,000
-		 30,000
-
20/05/2024 As above Sale 892.00
-$		 ORDINARY FULLY PAID 40
-		 40
-
21/05/2024 As above Sale 552,747.40
-$		 ORDINARY FULLY PAID 25,294
-		 25,294
-
24/05/2024 As above Sale 321,185.40
-$		 ORDINARY FULLY PAID 14,666
-		 14,666
-
27/05/2024 As above Sale 125,727.80
-$		 ORDINARY FULLY PAID 5,607
-		 5,607
-
28/05/2024 As above Sale 43,868.50
-$		 ORDINARY FULLY PAID 1,893
-		 1,893
-
29/05/2024 As above Sale 4,950.00
-$		 ORDINARY FULLY PAID 220
-		 220
-
03/06/2024 As above Sale 23,752.60
-$		 ORDINARY FULLY PAID 1,044
-		 1,044
-
04/06/2024 As above Sale 242,322.05
-$		 ORDINARY FULLY PAID 10,644
-		 10,644
-
05/06/2024 As above Sale 78,340.56
-$		 ORDINARY FULLY PAID 3,382
-		 3,382
-
06/06/2024 As above Sale 63,432.88
-$		 ORDINARY FULLY PAID 2,732
-		 2,732
-
07/06/2024 As above Sale 32,868.52
-$		 ORDINARY FULLY PAID 1,417
-		 1,417
-
11/06/2024 As above Sale 13,349.30
-$		 ORDINARY FULLY PAID 580
-		 580
-
02/07/2024 As above Purchase 308,209.40
$		 ORDINARY FULLY PAID 14,236 14,236
31/07/2024 As above Purchase 138,148.24
$		 ORDINARY FULLY PAID 5,635 5,635
31/07/2024 As above Sale 170,898.27
-$		 ORDINARY FULLY PAID 7,000
-		 7,000
-
01/08/2024 As above Purchase 199,788.22
$		 ORDINARY FULLY PAID 7,969 7,969
01/08/2024 As above Sale 143,906.03
-$		 ORDINARY FULLY PAID 5,750
-		 5,750
-
07/08/2024 As above Purchase 293,424.17
$		 ORDINARY FULLY PAID 11,842 11,842
07/08/2024 As above Sale 371,519.29
-$		 ORDINARY FULLY PAID 15,050
-		 15,050
-
12/08/2024 As above Purchase 615,865.72
$		 ORDINARY FULLY PAID 23,538 23,538
12/08/2024 As above Sale 699,235.91
-$		 ORDINARY FULLY PAID 26,758
-		 26,758
-
Date of
change		 Person whose relevant
interest changed		 Nature of
change		 Consideration Consideration Class of Securities Number of
securities		 Person's votes
affected
13/08/2024 As above Purchase 34,787.50
$		 ORDINARY FULLY PAID 1,338 1,338
15/08/2024 As above Purchase 37,097.90
$		 ORDINARY FULLY PAID 1,424 1,424
26/08/2024 As above Purchase 174,008.56
$		 ORDINARY FULLY PAID 6,400 6,400
26/08/2024 As above Sale 178,507.83
-$		 ORDINARY FULLY PAID 6,572
-		 6,572
-
28/08/2024 As above Purchase 203,245.73
$		 ORDINARY FULLY PAID 7,115 7,115
28/08/2024 As above Sale 203,245.73
-$		 ORDINARY FULLY PAID 7,115
-		 7,115
-
02/09/2024 As above Purchase 1,010,031.11
$		 ORDINARY FULLY PAID 34,300 34,300
02/09/2024 As above Sale 1,022,565.53
-$		 ORDINARY FULLY PAID 34,800
-		 34,800
-
16/09/2024 As above Purchase 77,715.49
$		 ORDINARY FULLY PAID 2,600 2,600
16/09/2024 As above Sale 78,270.65
-$		 ORDINARY FULLY PAID 2,621
-		 2,621
-
01/10/2024 As above Sale 141,587.35
-$		 ORDINARY FULLY PAID 4,631
-		 4,631
-
03/10/2024 As above Dividend
(Reinvested)		 818,360.00
$		 ORDINARY FULLY PAID 40,918 40,918
09/10/2024 As above Purchase 75,199.32
$		 ORDINARY FULLY PAID 2,401 2,401
09/10/2024 As above Sale 75,199.32
-$		 ORDINARY FULLY PAID 2,401
-		 2,401
-
10/10/2024 As above Purchase 432,854.63
$		 ORDINARY FULLY PAID 13,711 13,711
10/10/2024 As above Sale 536,549.31
-$		 ORDINARY FULLY PAID 17,075
-		 17,075
-
11/10/2024 As above Purchase 320,014.72
$		 ORDINARY FULLY PAID 10,000 10,000
11/10/2024 As above Sale 305,185.82
-$		 ORDINARY FULLY PAID 9,539
-		 9,539
-
15/11/2024 As above In-specie
transfer out		 2,653,134.40
-$		 ORDINARY FULLY PAID 88,144
-		 88,144
-
02/12/2024 As above Purchase 171,298.32
$		 ORDINARY FULLY PAID 5,362 5,362
02/12/2024 As above Sale 171,298.32
-$		 ORDINARY FULLY PAID 5,362
-		 5,362
-
12/12/2024 As above Purchase 381,915.99
$		 ORDINARY FULLY PAID 11,600 11,600
12/12/2024 As above Sale 383,093.35
-$		 ORDINARY FULLY PAID 11,640
-		 11,640
-
20/12/2024 As above Purchase 107,952.54
$		 ORDINARY FULLY PAID 3,279 3,279
20/12/2024 As above Sale 107,952.54
-$		 ORDINARY FULLY PAID 3,279
-		 3,279
-
24/12/2024 As above Purchase 969,600.00
$		 ORDINARY FULLY PAID 30,000 30,000
17/01/2025 As above Purchase 788,322.04
$		 ORDINARY FULLY PAID 23,250 23,250
17/01/2025 As above Sale 793,158.04
-$		 ORDINARY FULLY PAID 23,500
-		 23,500
-
04/02/2025 As above Purchase 485,529.50
$		 ORDINARY FULLY PAID 13,476 13,476
04/02/2025 As above Sale 485,529.50
-$		 ORDINARY FULLY PAID 13,476
-		 13,476
-
24/02/2025 As above Purchase 2,910,119.04
$		 ORDINARY FULLY PAID 79,773 79,773
Date of
change		 Person whose relevant
interest changed		 Nature of
change		 Consideration Consideration Class of Securities Number of
securities		 Person's votes
affected
24/02/2025 As above Sale 2,910,119.04
-$		 ORDINARY FULLY PAID 79,773
-		 79,773
-
14/03/2025 As above Purchase 116,339.33
$		 ORDINARY FULLY PAID 3,150 3,150
14/03/2025 As above Sale 116,339.33
-$		 ORDINARY FULLY PAID 3,150
-		 3,150
-
17/03/2025 As above Purchase 630,759.74
$		 ORDINARY FULLY PAID 17,000 17,000
17/03/2025 As above Sale 624,115.68
-$		 ORDINARY FULLY PAID 16,843
-		 16,843
-
04/04/2025 As above Dividend
(Reinvested)		 785,504.00
$		 ORDINARY FULLY PAID 24,547 24,547
08/05/2025 As above Purchase 1,283,828.39
$		 ORDINARY FULLY PAID 32,055 32,055
08/05/2025 As above Sale 1,283,828.39
-$		 ORDINARY FULLY PAID 32,055
-		 32,055
-
30/05/2025 As above Purchase 340,822.24
$		 ORDINARY FULLY PAID 8,371 8,371
30/05/2025 As above Sale 690,327.86
-$		 ORDINARY FULLY PAID 16,973
-		 16,973
-
02/06/2025 As above Sale 255,423.66
-$		 ORDINARY FULLY PAID 6,299
-		 6,299
-
03/06/2025 As above Sale 554,186.90
-$		 ORDINARY FULLY PAID 13,753
-		 13,753
-
04/06/2025 As above Sale 911,718.94
-$		 ORDINARY FULLY PAID 22,663
-		 22,663
-
05/06/2025 As above Sale 371,274.57
-$		 ORDINARY FULLY PAID 9,154
-		 9,154
-
06/06/2025 As above Sale 249,752.40
-$		 ORDINARY FULLY PAID 6,214
-		 6,214
-
10/06/2025 As above Purchase 1,456,888.92
$		 ORDINARY FULLY PAID 36,753 36,753
10/06/2025 As above Sale 1,782,794.01
-$		 ORDINARY FULLY PAID 44,890
-		 44,890
-
11/06/2025 As above Sale 531,323.97
-$		 ORDINARY FULLY PAID 13,714
-		 13,714
-
12/06/2025 As above Sale 101,287.58
-$		 ORDINARY FULLY PAID 2,659
-		 2,659
-
24/07/2025 As above Sale 786,200.00
-$		 ORDINARY FULLY PAID 20,000
-		 20,000
-
28/07/2025 As above Purchase 70,568.18
$		 ORDINARY FULLY PAID 1,916 1,916
08/08/2025 As above Purchase 447,695.23
$		 ORDINARY FULLY PAID 11,950 11,950
18/08/2025 As above Purchase 233,279.69
$		 ORDINARY FULLY PAID 6,049 6,049
19/08/2025 As above Purchase 29,800.57
$		 ORDINARY FULLY PAID 753 753
29/08/2025 As above Purchase 557,100.00
$		 ORDINARY FULLY PAID 15,000 15,000
04/09/2025 As above Purchase 581,257.42
$		 ORDINARY FULLY PAID 16,510 16,510
05/09/2025 As above Purchase 358,460.00
$		 ORDINARY FULLY PAID 10,000 10,000
02/10/2025 As above Dividend
(Reinvested)		 923,550.32
$		 ORDINARY FULLY PAID 27,544 27,544
24/10/2025 As above Purchase 370,142.07
$		 ORDINARY FULLY PAID 10,000 10,000
27/10/2025 As above Purchase 742,260.38
$		 ORDINARY FULLY PAID 20,000 20,000
28/10/2025 As above Purchase 153,309.76
$		 ORDINARY FULLY PAID 4,186 4,186
Date of
change		 Person whose relevant
interest changed		 Nature of
change		 Consideration Consideration Class of Securities Number of
securities		 Person's votes
affected
29/10/2025 As above Purchase 275,541.98
$		 ORDINARY FULLY PAID 7,528 7,528
30/10/2025 As above Purchase 324,181.66
$		 ORDINARY FULLY PAID 8,929 8,929
05/11/2025 As above Purchase 464,770.03
$		 ORDINARY FULLY PAID 13,664 13,664
05/11/2025 As above Sale 464,770.03
-$		 ORDINARY FULLY PAID 13,664
-		 13,664
-
02/12/2025 As above Purchase 166,325.00
$		 ORDINARY FULLY PAID 5,000 5,000
23/12/2025 As above Purchase 2,982,509.75
$		 ORDINARY FULLY PAID 91,069 91,069
02/02/2026 As above Purchase 147,759.50
$		 ORDINARY FULLY PAID 4,075 4,075
02/02/2026 As above Sale 147,759.50
-$		 ORDINARY FULLY PAID 4,075
-		 4,075
-
10/03/2026 As above Sale 612,710.17
-$		 ORDINARY FULLY PAID 17,586
-		 17,586
-
25/03/2026 As above Sale 271,747.71
-$		 ORDINARY FULLY PAID 8,425
-		 8,425
-
31/03/2026 As above In-specie
transfer out		 12,198,805.45
-$		 ORDINARY FULLY PAID 389,365
-		 389,365
-

This is Annexure "B" as mentioned in form 604 Notice of change of interests of substantial holder

==> picture [88 x 35] intentionally omitted <==

Matthew Booker Director Date: 02/04/2026

SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD SUPPLY NETWORK LTD
Annexure C
Holder of relevant interest Registered holder of
securities		 Person entitled to be
registered as holder		 Number of
securities		 Class of
securities		 Person's votes
Spheria Asset Management BNP Paribas BNP Paribas 85,316 Ordinaryfullypaid 85,316
Spheria Asset Management Citicorp Nominees Pty
Limited		 Citicorp Nominees Pty
Limited		 1,436,982 Ordinary fully paid 1,436,982
Spheria Asset Management Northern Trust Northern Trust 667,385 Ordinaryfullypaid 667,385

This is Annexure "C" of 1 page as mentioned in form 604 Notice of change of interests of substantial holder

==> picture [88 x 35] intentionally omitted <==

Matthew Booker Director Date: 02/04/2026

SUPPLY NETWORK LTD

SUPPLY NETWORK LTD SUPPLY NETWORK LTD
Annexure D
Name Address
Spheria Asset Management PtyLtd Level 19, 307 Queen St, Brisbane QLD 4000, Australia

This is Annexure "D" as mentioned in form 604 Notice of change of interests of substantial holder

==> picture [88 x 35] intentionally omitted <==

Matthew Booker Director Date: 02/04/2026

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