Change in substantial holding

In a recent update, Scobie Dickinson Ward, a substantial holder in Xref Limited, reported a change in their voting power. The total number of votes attached to their fully paid ordinary shares increased to 18,796,620, representing 8.54% of the total voting shares. Various market purchases took place from May to September 2025, impacting their relevant interest in the company. These purchases totaled to 481,608 FPO shares. Scobie Dickinson Ward has been associated with Forsyth Barr Custodians Limited as a direct (registered holder).

Investors are encouraged to review the details of this update and the corresponding market activities. For any further inquiries or clarifications regarding this announcement, feel free to reach out to our investor relations team. Your feedback and engagement are valued as we strive to maintain transparency and uphold investor trust in Xref Limited.