Announcement PDF Form 605 Corporations Act 2001 Section 671B Notice of ceasing to be a substantial holder To Company Name/Scheme HASTINGS TECHNOLOGY METALS LTD ACN/ARSN 122 911 399 1. Details of substantial holder (1) Name Morgan Stanley and its subsidiaries listed in Annexure A ACN/ARSN (if applicable) Not Applicable The holder ceased to be a substantial holder on June 28, 2023 The previous notice was given to the company on June 29, 2023 The previous notice was dated June 27, 2023 The holder became aware on June 30, 2023 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: Date of change Person whose relevant interest changed Nature of change (4) Consideration given in relation to change (5) Class (6) and number of Securities affected Person’s votes affected 06/28/2023 Morgan Stanley Australia Securities Limited Buy 87.33 71 Ordinary Shares 71 06/28/2023 Morgan Stanley Australia Securities Limited Buy 1,911.25 1,421 Ordinary Shares 1,421 06/28/2023 Morgan Stanley Australia Securities Limited Buy 53.11 43 Ordinary Shares 43 06/28/2023 Morgan Stanley Australia Securities Limited Buy 3,144.31 2,546 Ordinary Shares 2,546 06/28/2023 Morgan Stanley Australia Securities Limited Buy 7,710.36 5,754 Ordinary Shares 5,754 06/28/2023 Morgan Stanley Australia Securities Limited Buy 1.26 1 Ordinary Shares 1 06/28/2023 Morgan Stanley Australia Securities Limited Buy 1,664.75 1,247 Ordinary Shares 1,247 06/28/2023 Morgan Stanley Australia Securities Limited Sell 138.62 116 Ordinary Shares 116 06/28/2023 Morgan Stanley Australia Securities Limited Sell 861.58 715 Ordinary Shares 715 06/28/2023 Morgan Stanley Australia Securities Limited Sell 126.00 105 Ordinary Shares 105 06/28/2023 Morgan Stanley Australia Securities Limited Sell 19.36 16 Ordinary Shares 16 06/28/2023 Morgan Stanley Australia Securities Limited Sell 2,494.35 2,070 Ordinary Shares 2,070 06/28/2023 Morgan Stanley Australia Securities Limited Sell 1,908.08 1,564 Ordinary Shares 1,564 06/28/2023 Morgan Stanley Australia Securities Limited Sell 4,194.45 3,510 Ordinary Shares 3,510 06/28/2023 Morgan Stanley Australia Securities Limited Sell 1,924.56 1,584 Ordinary Shares 1,584 06/28/2023 Morgan Stanley Australia Securities Limited Sell 67,721.07 56,519 Ordinary Shares 56,519 06/28/2023 Morgan Stanley Australia Securities Limited Sell 829.04 688 Ordinary Shares 688 06/28/2023 Morgan Stanley Australia Securities Limited Sell 792.55 655 Ordinary Shares 655 06/28/2023 Morgan Stanley Australia Securities Limited Sell 37.05 31 Ordinary Shares 31 06/28/2023 Morgan Stanley Australia Securities Limited Sell 103.63 86 Ordinary Shares 86 06/28/2023 Morgan Stanley Australia Securities Limited Sell 186.78 155 Ordinary Shares 155 06/28/2023 Morgan Stanley Australia Securities Limited Sell 324.28 268 Ordinary Shares 268 06/28/2023 Morgan Stanley Australia Securities Limited Sell 553.29 463 Ordinary Shares 463 06/28/2023 Morgan Stanley Australia Securities Limited Sell 52.50 42 Ordinary Shares 42 06/28/2023 Morgan Stanley Australia Securities Limited Sell 279.51 231 Ordinary Shares 231 1 3. 06/28/2023 Morgan Stanley Australia Securities Limited Sell 179.82 148 Ordinary Shares 148 06/28/2023 Morgan Stanley Australia Securities Limited Sell 2.40 2 Ordinary Shares 2 06/28/2023 Morgan Stanley Australia Securities Limited Sell 81.26 68 Ordinary Shares 68 06/28/2023 Morgan Stanley & Co. International plc Borrow N/A 67,680 Ordinary Shares 67,680 06/28/2023 Morgan Stanley & Co. International plc Collateral Returned N/A 12,047,931 Ordinary Shares 12,047,931 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: Name and ACN/ARSN (if applicable) Nature of association Not Applicable 4. Not Applicable Addresses The addresses of persons named in this form are as follows: Name Address Morgan Stanley 1585 Broadway, New York, New York, 10036, USA. Morgan Stanley & Co. International plc Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. Morgan Stanley Australia Securities Limited Level 39, Chifley Tower, 2 Chifley Square, Sydney, 2000, AUSTRALIA. Signature print name Ashish Koltharkar sign here 2 capacity Vice President date June 30, 2023 Annexure A List of Morgan Stanley and its subsidiaries that have a relevant interest or deemed to have a relevant interest in the shares or units. Name └─┬─Morgan Stanley └─┬─Morgan Stanley International Holdings Inc. ├─┬─Morgan Stanley (Australia) Securities Holdings Pty Limited │ └───Morgan Stanley Australia Securities Limited └─┬─Morgan Stanley International Limited └─┬─Morgan Stanley Investments (UK) └───Morgan Stanley & Co. International plc Signature print name Ashish Koltharkar sign here 3 capacity Vice President date June 30, 2023 4 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 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, moneys 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. (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. 5 GUIDE This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 605. Signature This form must be signed by either a director or a secretary of the substantial holder. Lodging period Nil Lodging Fee Nil Other forms to be completed Nil Additional information (a) If additional space is required to complete a question, the information may be included on a separate piece of paper annexed to the form. (b) This notice must be given to a listed company, or the responsible entity for a listed managed investment scheme. A copy of this notice must also be given to each relevant securities exchange. (c) The person must give a copy of this notice: (i) within 2 business days after they become aware of the information; or (ii) by 9.30 am on the next trading day of the relevant securities exchange after they become aware of the information if: (A) a takeover bid is made for voting shares in the company or voting interests in the scheme; and (B) the person becomes aware of the information during the bid period. To make any annexure conform to the regulations, you must Annexures 1 use A4 size paper of white or light pastel colour with a margin of at least 10mm on all sides 2 show the corporation name and ACN or ARBN 3 number the pages consecutively 4 print or type in BLOCK letters in dark blue or black ink so that the document is clearly legible when photocopied 5 identify the annexure with a mark such as A, B, C, etc 6 endorse the annexure with the words: This is annexure (mark) of (number) pages referred to in form (form number and title) 7 sign and date the annexure. The annexure must be signed by the same person(s) who signed the form. Information in this guide is intended as a guide only. Please consult your accountant or solicitor for further advice. 6 Annexure B: This is Annexure B referred to in the Form 605: Notice of ceasing to be a substantial holder issued by Morgan Stanley and its subsidiaries. The following is description of the securities lending agreements referenced in the accompanying Form 605. Schedule Type of Agreement Parties to agreement Global Master Securities Lending Agreement Morgan Stanley & Co. International plc and UBS SWITZERLAND AG 20230516; Borrower Yes/No Transfer Date Holder of Voting Rights Are there any restrictions on voting rights? If yes, detail Not applicable Scheduled Return Date (if any) Open Does the borrower have the right to return early? Yes/No If yes, detail The Borrower is entitled at any time to terminate a Loan and to redeliver all and any Equivalent Securities due and outstanding to the Lender in accordance with the Lender's instructions. Does the lender have the right to recall early? Yes/No If yes, detail The Lender is entitled to terminate a Loan and to call for the redelivery of 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 Loaned Securities were originally delivered. Will the securities be returned on settlement? Yes/No If yes, detail any exceptions If the Borrower does not redeliver Equivalent Securities in accordance with the Agreement, the Lender may by written notice to Borrower terminate the Loan forthwith and the Parties' delivery and payment obligations in respect thereof. Schedule Type of Agreement Parties to agreement Global Master Securities Lending Agreement Morgan Stanley & Co. International plc and SCHRODER INTERNATIONAL SELECTION FUND 20230616; 20230619; 20230620; 20230622; 20230626; Borrower Yes/No Transfer Date Holder of Voting Rights Are there any restrictions on voting rights? If yes, detail Not applicable Scheduled Return Date (if any) Open Does the borrower have the right to return early? Yes/No If yes, detail The Borrower is entitled at any time to terminate a Loan and to redeliver all and any Equivalent Securities due and outstanding to the Lender in accordance with the Lender's instructions. Does the lender have the right to recall early? Yes/No If yes, detail The Lender is entitled to terminate a Loan and to call for the redelivery of 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 Loaned Securities were originally delivered. Will the securities be returned on settlement? Yes/No If yes, detail any exceptions If the Borrower does not redeliver Equivalent Securities in accordance with the Agreement, the Lender may by written notice to Borrower terminate the Loan forthwith and the Parties' delivery and payment obligations in respect thereof. Schedule Type of Agreement Parties to agreement International Prime Brokerage Agreement Morgan Stanley & Co. International plc for itself and as agent and trustee for and on behalf of the other Morgan Stanley Companies and L1 LONG SHORT FUND LIMITED 20230628; Prime broker has the right to vote securities rehypothecated from the Client. Yes/No Transfer Date Holder of Voting Rights Are there any restrictions on voting rights? If yes, detail Not applicable Scheduled Return Date (if any) Open Does the borrower have the right to return early? Yes/No If yes, detail Prime broker may return shares which were rehypothecated from the client at any time. Does the lender have the right to recall early? Yes/No If yes, detail Prime broker will be required to return to the client shares rehypothecated from the client's account upon a sale of those shares by the client. Will the securities be returned on settlement? Yes/No If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other. The amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be payable. 7 The above schedules are based on the relevant standard agreements. The entity filing the report will, if requested by the company or responsible entity to whom the prescribed form must be given or ASIC, give a copy of the agreement to the company, responsible entity or ASIC. Signature print name Ashish Koltharkar capacity Vice President sign here date 8 June 30, 2023