ABP – investments in Octopus Australia Sustainable Investments Fund

WA-70048

AMAL Trustees Limited: 1. acting as trustee for AOP Investment Trust, will acquire an interest of up to a maximum of approximately 12% in the Octopus Australia Sustainable Investments Fund (**OASIS**), and 2. acting as trustee for APG Infra Investments Holding Trust, will increase its interest in OASIS from approximately 27.5% to a maximum of approximately 49%. Each of the AOP Investment Trust and APG Infra Investments Holding Trust are managed investment trusts, held by AMAL Trustees Ltd. The trusts are both managed by Telopea Real Estate Partners Pty Ltd, an Australian investment manager. The interests in the trusts are both managed by APG Asset Management NV (**APG**), an indirect wholly owned subsidiary of Stichting Pensioenfonds ABP, on behalf of various pension fund clients. APG is a pension fund asset manager based in the Netherlands. APG manages investments for pension fund clients both in the Netherlands and globally. OASIS is ultimately managed by Octopus Capital Aust Pty Limited (**OCA**). OCA and OASIS, together with their subsidiaries (collectively, **Octopus Australia**), is an Australian-based renewables developer, operator and investment manager. Octopus Australia manages approximately AUD 2 billion in renewable energy assets.