TREASURY WINE ESTATES LIMITED — Major Shareholding Notification 2026

Feb 3, 2026

605 Page 1 of 3

Form 605

Notice of ceasing to be a substantial holder

Corporations Act 2001

Section 671B

To Company Name/Scheme

TREASURY WINE ESTATES LTD

ACN/ARSN/ ABN 24 004 373 862

1. Details of substantial holder (1)

Name JPMorgan Chase & Co. and its affiliates

ACN/ARSN (if applicable)

NA

The holder ceased to be a substantial holder on

The previous notice was given to the company on

The previous notice was dated

30/January/2026 02/February/2026

29/January/2026

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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:

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Date of Person whose relevant Nature of change (4) Consideration given Class (6) and Person's
change interest changed in relation to change number of votes
(5) securities affected affected
JPMORGAN CHASE 505,690 505,690
See Securities on Loan as Agent Lender
BANK, N.A. See Appendix (Ordinary) (Ordinary)
Appendix
J.P. MORGAN Holder of securities subject to an 1,119 1,119
See obligation to return under a securities
SECURITIES PLC See Appendix (Ordinary) (Ordinary)
Appendix lending agreement
J.P. MORGAN Purchase and sales of securities in its 749 749
See
SECURITIES PLC capacity as Principal/Proprietary See Appendix (Ordinary) (Ordinary)
Appendix
J.P. MORGAN Rehypothecation of client securities 8,173 8,173
See
SECURITIES LLC under a Prime Brokerage Agreement See Appendix (Ordinary) (Ordinary)
Appendix
J.P. MORGAN
SECURITIES Purchase and sales of securities in its 84,769 84,769
See
AUSTRALIA capacity as Principal/Proprietary See Appendix (Ordinary) (Ordinary)
Appendix LIMITED
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605 Page 2 of 3

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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Name and ACN/ARSN (if applicable) Nature of association
J.P. MORGAN SECURITIES AUSTRALIA LIMITED Subsidiary of JPMorgan Chase & Co.
J.P. MORGAN SECURITIES LLC Subsidiary of JPMorgan Chase & Co.
J.P. MORGAN SECURITIES PLC Subsidiary of JPMorgan Chase & Co.
JPMORGAN CHASE BANK, N.A. Subsidiary of JPMorgan Chase & Co.
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4. Addresses

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

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Name Address
JPMorgan Chase & Co. 270 Park Avenue, New York, New York, NY, 10017, United States
J.P. MORGAN SECURITIES AUSTRALIA LIMITED LEVEL 18, 83-85 CASTLEREAGH STREET, SYDNEY, NSW 2000, Australia
J.P. MORGAN SECURITIES LLC 270 Park Avenue, New York, New York, NY, 10017, United States
J.P. MORGAN SECURITIES PLC 25 Bank Street, Canary Wharf, London, E14 5JP, England
JPMORGAN CHASE BANK, N.A. 1111 Polaris Parkway, Columbus, Delaware, OH, 43240, United States
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Signature Print name Sign here	Vasim Pathan Capacity Compliance Officer
	Date 03/February/2026

605 Page 3 of 3

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (e.g. 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 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) 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.

• (5) 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 n 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.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

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

TRADES FOR RELEVANT PERIOD						Appendix
Transaction Date	Entity	Product Type	Type of Transaction	Quantity	Price (AUD)	Consideration
Balance at start of relevant period 40,673,382.71
30-Jan-26	J.P. MORGAN SECURITIES LLC	Equity	On-Lend Return	(8,173)	-	- $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Buy	260	5.39	1,401.40 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Sell	(260)	5.39	1,401.40 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Sell	(1,287)	5.36	6,898.32 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Buy	260	5.43	1,411.80 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Sell	(30)	5.42	162.65 $
30-Jan-26	J.P. MORGAN SECURITIES PLC	Equity	Buy	318	5.36	1,704.48 $
30-Jan-26	J.P. MORGAN SECURITIES PLC	Equity	Buy	431	5.36	2,310.16 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Sell	(716)	5.39	3,859.24 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Sell	(533)	5.36	2,856.88 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Buy	533	5.36	2,856.88 $
30-Jan-26	J.P. MORGAN SECURITIES AUSTRALIA LIMITED	Equity	Buy	86,542	5.36	464,177.45 $
30-Jan-26	J.P. MORGAN SECURITIES PLC	Equity	Borrow Return	(284)	-	- $
30-Jan-26	J.P. MORGAN SECURITIES PLC	Equity	Borrow Return	(586)	-	- $
30-Jan-26	J.P. MORGAN SECURITIES PLC	Equity	Borrow Return	(249)	-	- $
30-Jan-26	JPMORGAN CHASE BANK, N.A.	Equity	Borrow Return	(217,103)	-	- $
30-Jan-26	JPMORGAN CHASE BANK, N.A.	Equity	Borrow Return	(58,587)	-	- $
30-Jan-26	JPMORGAN CHASE BANK, N.A.	Equity	Borrow Return	(230,000)	-	- $
Balance at end of relevant period 40,243,918.71

1/1

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

Date:		03-Feb-2026
Company’s name:		TREASURY WINE ESTATES LTD
ISIN:		AU000000TWE9
Date of change of **relevant interests: **		30-Jan-2026
Schedule
Type of agreement		Overseas Securities Lending Agreement (“OSLA”)
Parties to agreement		JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Barclays Capital Securities Limited (“Borrower”)
Transfer date		Settlement date 01-Sep-2025 20-Oct-2025 21-Nov-2025 25-Nov-2025 28-Nov-2025 02-Dec-2025 03-Dec-2025 16-Dec-2025 18-Dec-2025 30-Dec-2025 31-Dec-2025
Holder of voting rights		Borrower
Are there any restriction on voting rights		Yes
If yes, detail		The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set outinclause4(B)(vi) ofthe standardformOSLA.
Scheduled return date (if any)		None
Does the borrower have the right to **returnearly? **		Yes
If yes, detail		Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recallearly? **		Yes
If yes, detail		Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on **settlement? **		Yes
If yes, detail any exceptions		No exceptions
Statement		If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and BNP Paribas Financial Markets (Borrower)
Transfer date	Settlement Date 21-Nov-2025 28-Nov-2025 02-Dec-2025 03-Dec-2025 05-Dec-2025 08-Dec-2025 11-Dec-2025 12-Dec-2025 15-Dec-2025 17-Dec-2025 18-Dec-2025 19-Dec-2025 29-Dec-2025 06-Jan-2026 07-Jan-2026 08-Jan-2026 12-Jan-2026 19-Jan-2026 28-Jan-2026 29-Jan-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 6.6 of the standard form GMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender's instructions.
Does the lender have the right to **recall early? **	Yes

If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender's instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

Date:		03-Feb-2026
Company’s name:		TREASURY WINE ESTATES LTD
ISIN:		AU000000TWE9
Date of change of **relevant interests: **		30-Jan-2026
Schedule
Type of agreement		Master Securities Lending Agreement (“MSLA”)
Parties to agreement		JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Bofa Securities, Inc. ( “Borrower”)
Transfer date		Settlement date 13-Jan-2026
Holder of voting rights		Borrower
Are there any restriction on voting rights		Yes
If yes, detail		The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out as per the rights of the borrower as stated in the MSLA.
Scheduled return date (if any)		None
Does the borrower have the right to **returnearly? **		Yes
If yes, detail		Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recallearly? **		Yes
If yes, detail		Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on **settlement? **		Yes
If yes, detail any exceptions		No exceptions
Statement		If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Citigroup Global Markets Limited (Borrower)
Transfer date	Settlement Date 16-Jan-2026 21-Jan-2026 22-Jan-2026 28-Jan-2026 02-Feb-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 6.6 of the standard form GMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender's instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender's instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Australian Master Securities Lending Agreement (“AMSLA”)
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Macquarie Bank Limited(Borrower)
Transfer date	Settlement Date 21-Oct-2025 22-Oct-2025 31-Dec-2025 06-Jan-2026 09-Jan-2026 12-Jan-2026 13-Jan-2026 14-Jan-2026 15-Jan-2026 19-Jan-2026 23-Jan-2026 02-Feb-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4.3 of the standard form AMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Australian Master Securities Lending Agreement (“AMSLA”)
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Merrill Lynch Equities (Australia) Limited(Borrower)
Transfer date	Settlement Date 08-Dec-2025 23-Dec-2025
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4.3 of the standard form AMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Merrill Lynch International(Borrower)
Transfer date	Settlement Date 13-Jan-2026 16-Jan-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 6.6 of the standard form GMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender's instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender's instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Morgan Stanley & Co. International PLC (Borrower)
Transfer date	Settlement Date 02-Feb-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 6.6 of the standard form GMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender's instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender's instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Australian Master Securities Lending Agreement (“AMSLA”)
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Morgan Stanley Australia Securities Limited (Borrower)
Transfer date	Settlement Date 13-Jan-2026 20-Jan-2026 21-Jan-2026 22-Jan-2026 23-Jan-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4.3 of the standard form AMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Australian Master Securities Lending Agreement (“AMSLA”)
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and UBS Securities Australia Ltd (Borrower)
Transfer date	Settlement Date 15-Jan-2026 28-Jan-2026 02-Feb-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4.3 of the standard form AMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	ABU DHABI INVESTMENT AUTHORITY (HSBC GULF FUND (TP EQ) 2021) ('lender'), J.P. Morgan Securities PLC('borrower)
Transfer date	Settlement Date 08-Oct-2025 19-Nov-2025
Holder of voting rights	Partyholdingcollateral that has the votingrights.
Are there any restriction on voting rights	No, unless separately agreed to the contrary.
If yes, detail	NA
Scheduled return date (if any)	None
Does the borrower have **the right to return early? **	Yes
If yes, detail	This right is subject to the requirement that the borrower deliver alternative collateral acceptable to the lender and also to the mark to market requirements of ss 5.4 and 5.5 of this agreement.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities on any business day by giving such notice as agreed by the parties. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Equivalent Securities must be returned.
If yes, detail any exceptions	Absent default, there are no exceptions.
Statement	No

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

**Date: **	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	Blackrock Advisors (UK) Limited ("lender") and J.P. Morgan Securities plc ("borrower")
Transfer date	Settlement Date 21-Oct-2025 11-Dec-2025
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower shall have no obligation to arrange for voting rights to be exercised in accordance with the instructions of the other party, unless otherwise agreed between the parties.
Scheduled return date (if any)	None
Does the borrower have the right to return early?	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and outstanding to the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have the right to recall early?	Yes.
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant

	borrowed securities were originally delivered. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Exclusive Securities Lending Agreement dated November 17, 2020 to the Global Master Securities Lending Agreement
Parties to agreement	SFT ("lending agent") - CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM ("lender") and J.P. Morgan Securities Plc("borrower")
Transfer date	Settlement date 29-Jan-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower shall have no obligation to arrange for voting rights to be exercised in accordance with the instructions of the other party, unless otherwise agreed between the parties.
Scheduled return date (if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and outstandingto the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered. The borrower must return the securities not later than the expiryof such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

**Date: **	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Overseas Securities Lender's Agreement ("OSLA")
Parties to agreement	J.P. Morgan Securities Plc ("borrower") and Citibank N.A. acting as Agent ("lender")
Transfer date	Settlement Date 28-Jan-2026 29-Jan-2026 30-Jan-2026 02-Feb-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4(B)(vi) of the standard form OSLA.
Scheduled return date (if any)	None
Does the borrower have the right to return early?	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to recall early?	Yes

If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Overseas Securities Lender’s Agreement (“OSLA”)
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) J.P. Morgan Securities plc (“borrower”)
Transfer date	Settlement Date 21-Oct-2025 19-Nov-2025 29-Jan-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4(B)(vi) of the standard form OSLA.
Scheduled return date (if any)	None
Does the borrower have the right to return early?	Yes

If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Master Overseas Securities Borrowing Agreement
Parties to agreement	J.P. Morgan Securities Plc ("borrower") and The Northern Trust Company as agent ("lender")
Transfer date	Settlement Date 21-Oct-2025 25-Nov-2025 26-Nov-2025 03-Dec-2025 07-Jan-2026 09-Jan-2026 13-Jan-2026 16-Jan-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is in clause 4(B)(vi) of the agreement.
Scheduled return date (if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and outstandingto the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

**Date: **	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Overseas Securities Lender’s Agreement (“OSLA”)
Parties to agreement	The Bank of New York Mellon Corporation (formerly known as The Bank of New York) (acting as agent) (“lender”), J.P. Morgan Securities Plc (“borrower”)
Transfer date	Settlement Date 08-Oct-2025 19-Nov-2025 04-Dec-2025 08-Jan-2026
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4(B)(ii) of the standard form OSLA.
Scheduled return date (if any)	None
Does the borrower have the right to return early?	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to recall early?	Yes

If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

**Date: **	03-Feb-2026
Company’s name:	TREASURY WINE ESTATES LTD
ISIN:	AU000000TWE9
Date of change of relevant interests:	30-Jan-2026
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	J.P. Morgan Securities plc ("borrower") and UBS Switzerland AG ("lender")
Transfer date	Settlement Date 21-Oct-2025
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower shall have no obligation to arrange for voting rights to be exercised in accordance with the instructions of the other party, unless otherwise agreed between the parties.
Scheduled return date (if any)	None
Does the borrower have the right to return early?	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and outstanding to the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.

Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.