Change in substantial holding
Released
Released
Announcement PDF
Notice of change of interests of substantial
shareholder
Form 604
Corporations Act
Section 671B
To: Electro Optic Systems Holdings Ltd (“EOS”, Ordinary Fully Paid)
1. Details of substantial shareholder
Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related
bodies corporate in the Citigroup group of companies worldwide (for more details please visit
www.citigroup.com).
The previous notice was dated and given to the company on 9 October 2026.
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 had a relevant interest 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 Previous notice Present notice
Person’s votes Voting power Person’s votes Voting power
Ordinary Fully Paid 11,270,681 5.0837% 15,455,113 6.9711%
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
Person whose
relevant interest
changed
Nature of change
Class and number of
securities affected
13 October
2026
Citibank, N.A.
Sydney Branch
Citibank, N.A. Sydney Branch
holds an increased relevant
interest in these shares acting as
Agent Lender and as the holder of
securities subject to an obligation
to return under a securities
lending agreement. Refer to
Annexure A.
718,190
Ordinary Fully Paid
13 October
2026
Citigroup Global
Markets Australia
Pty Limited
Citigroup Global Markets Australia
Pty Limited holds an increased
relevant interest in these shares
pursuant to contracts entered into
subject to an obligation to return
under a securities lending
agreement and pursuant to
contracts entered into in the
435,685
Ordinary Fully Paid
ordinary course of business on a
stock market of a stock exchange,
containing no terms and
conditions other than standard
terms and conditions. Refer to
Annexure A.
13 October
2026
Citigroup Global
Markets Inc
Citigroup Global Markets Inc holds
an increased relevant interest in
these shares pursuant to
contracts entered into subject to
an obligation to return under a
securities lending agreement.
Refer to Annexure A.
1,361,184
Ordinary Fully Paid
13 October
2026
Citigroup Global
Markets Limited
Citigroup Global Markets Limited
holds an increased relevant
interest in these shares pursuant
to contracts entered into subject to
an obligation to return under a
securities lending agreement.
Refer to Annexure A.
1,669,373
Ordinary Fully Paid
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
Registered
holder of
securities
Nature of change Class and number of
securities
Citibank, N.A.
Sydney Branch
Various
Citibank, N.A. Sydney Branch
holds a relevant interest in these
shares acting as Agent Lender
and as the holder of securities
subject to an obligation to return
under a securities lending
agreement.
2,233,132
Ordinary Fully Paid
Citigroup Global
Markets Australia
Pty Limited
Citicorp
Nominees Pty
Limited
Citigroup Global Markets Australia
Pty Limited holds a relevant
interest in these shares pursuant
to contracts entered into subject to
an obligation to return under a
securities lending agreement and
pursuant to contracts entered into
in the ordinary course of business
on a stock market of a stock
exchange, containing no terms
and conditions other than
standard terms and conditions.
Refer to Annexure A.
5,815,721
Ordinary Fully Paid
Citigroup Global
Markets Inc
Citicorp
Nominees Pty
Limited
Citigroup Global Markets Inc holds
a relevant interest in these shares
pursuant to contracts entered into
subject to an obligation to return
under a securities lending
agreement. Refer to Annexure A.
5,476,480
Ordinary Fully Paid
Citigroup Global
Markets Limited
Citicorp
Nominees Pty
Limited
Citigroup Global Markets Limited
holds a relevant interest in these
shares pursuant to contracts
entered into subject to an
obligation to return under a
securities lending agreement.
Refer to Annexure A.
1,929,780
Ordinary Fully Paid
5. Changes in association
The persons who have become associates of, ceased to be associates of, or have changed
the nature of their association with, the substantial holder in relation to voting interests in the
company or scheme are as follows:
No changes in association.
6. Addresses
The addresses of persons named in this form are as follows:
Name Address
Citibank, N.A. Sydney Branch
Two Park
2 Park St Sydney, NSW 2000 Australia
Citigroup Global Markets Pty Limited
Two Park
2 Park St Sydney, NSW 2000 Australia
Citigroup Global Markets Inc 388 Greenwich St
New York, NY 10013, United States
Citigroup Global Markets Limited
Citigroup Centre, Canary Wharf
33 Canada Square
London, E14 5LB, United Kingdom
Dated this day, 15 October 2026.
Ji Hyun Kim
Citigroup Global Markets Australia Pty Limited
T: +61 2 8225 2489
Annexure A
This is Annexure A of 2 pages referred to in Form 604 ‘Notice of change of interests of substantial
shareholder”
Schedule (Loan)
Type of Agreement AMSLA / GMSLA / MSLA
Parties to Agreement Various
Transfer date Various
Holder of voting rights Borrower
Are there any restrictions on voting rights? No
Scheduled return date Unknown
Does the borrower have the right to return
early?
Yes
If yes, details Standard AMSLA / GMSLA / MSLA terms
Does the lender have the right to recall
early?
Yes
If yes, details Standard AMSLA / GMSLA / MSLA terms
Will the securities be returned on
settlement?
n/a
Statement If requested by the company to whom the
prescribed form must be given, or if requested
by ASIC, Citi will give a copy of the AMSLA /
GMSLA / MSLA to the company or ASIC.
Schedule (Agency Lending Agreement)
Type of Agreement Securities Lending Agency Agreement (SLAA)
Parties to Agreement Various
Circumstances under which the agent lender
can exercise the authorisations in relation to
the securities
Agent Lender can only exercise authority, as
agent, in relation to the lender’s securities as
defined and agreed in the Securities Lending
Agency Agreement.
Circumstances under which the agent lender
is subject to any restrictions in how it can
deal with the securities
Lenders will define the restrictions and/or
securities lending parameters in the Securities
Lending Agency Agreement entered into with the
lending agent. Such restrictions/parameters
include specific designated accounts, lendable
limits, acceptable collateral and/or cash
reinvestment guidelines.
Does the agent lender have the right to recall
early?
Agent Lenders have the right to early recall on
behalf of Lender’s instructions. However, the
expectation is the Lender and Borrower would
have mutually agreed no sales/recall of the
securities during the duration of the loan term.
Hence, borrowers are not obligated to return the
securities early for termed loans.
If yes, details
Authorised under the standard Securities
Lending Agency Agreement terms.
Statement
If requested by the company to whom the
prescribed form must be given, or if requested
by ASIC, Citi will give a copy of the authorisation
agreement to the company or ASIC.
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