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The 1,076,963-lapsed annotation is repeated on both opening and closing balances and is treated as historical context, not a separate in-period change.","reconciliation_status":"explained","security_class":"Performance rights under the South32 Equity Incentive Plan","source_refs":[{"locator":"Date of change","page":1,"source_id":"2924-03033756-6A1301735"},{"locator":"Performance rights acquired, nil-cost consideration and post-change balance","page":2,"source_id":"2924-03033756-6A1301735"},{"locator":"Nature of change: plan allocation","page":3,"source_id":"2924-03033756-6A1301735"}],"supersedes":[],"venue":"not_disclosed","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Rights allocated at nil cost under the South32 Equity Incentive Plan.","contract_details":"","currency":null,"date":"2025-12-03","date_end":null,"economic_event_id":"S32-KERR-20251203-DEFERRED-RIGHTS-GRANT","entity_id":"graham_kerr","event_id":"S32-KERR-20251203-DEFERRED-RIGHTS-GRANT","event_type":"grant","exercise_price":null,"expiry_date":null,"holding_after":714727,"holding_before":348186,"interest_type":"direct","notes":"","original_wording":"366,541 deferred rights held as short term incentive awards under the South32 Equity Incentive Plan","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":366541,"quantity_acquired":366541,"quantity_disposed":0,"reconciliation_note":"The deferred-right balance increased from 348,186 to 714,727, matching the disclosed grant of 366,541 rights.","reconciliation_status":"explained","security_class":"Deferred rights under the South32 Equity Incentive Plan","source_refs":[{"locator":"Date of change","page":1,"source_id":"2924-03033756-6A1301735"},{"locator":"Deferred rights acquired, nil-cost consideration and post-change balance","page":2,"source_id":"2924-03033756-6A1301735"},{"locator":"Nature of change: plan allocation","page":3,"source_id":"2924-03033756-6A1301735"}],"supersedes":[],"venue":"not_disclosed","view":"directors"},{"account_entity_id":"stephen_pearce","cash_amount":260950,"consideration_basis":"cash","consideration_details":"The notice reports $260,950 for an on-market purchase on ASX; recorded in AUD.","contract_details":"","currency":"AUD","date":"2025-09-12","date_end":null,"economic_event_id":"S32-PEARCE-20250912-PURCHASE","entity_id":"stephen_pearce","event_id":"S32-PEARCE-20250912-PURCHASE","event_type":"purchase","exercise_price":null,"expiry_date":null,"holding_after":100000,"holding_before":0,"interest_type":"direct","notes":"","original_wording":"On-market purchase of 100,000 South32 Limited ordinary fully paid shares on the Australian Securities Exchange","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":100000,"quantity_acquired":100000,"quantity_disposed":0,"reconciliation_note":"The disclosed 30,000-share superannuation interest is indirect and remains separate from the direct account balance.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Change date, acquired quantity and pre-change direct and indirect holdings","page":1,"source_id":"2924-02993480-6A1283879"},{"locator":"Consideration, post-change holdings and on-market ASX purchase","page":2,"source_id":"2924-02993480-6A1283879"}],"supersedes":[],"venue":"on_market","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Off-market transfer from Graham Kerr to GK71 Pty Ltd .","contract_details":"","currency":null,"date":"2025-09-02","date_end":null,"economic_event_id":"S32-KERR-20250902-TRANSFER-OUT","entity_id":"graham_kerr","event_id":"S32-KERR-20250902-TRANSFER-OUT","event_type":"transfer_out","exercise_price":null,"expiry_date":null,"holding_after":414,"holding_before":null,"interest_type":"direct","notes":"Paired account legs of one off-market transfer; beneficial interest remains with Kerr.","original_wording":"Off-market transfer of interest from Graham Kerr to GK71 Pty Ltd ","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":224506,"quantity_acquired":0,"quantity_disposed":224506,"reconciliation_note":"The notice reports 414 ordinary shares after the full 29 August-2 September sequence. The 224,506-share direct-account reduction is paired with an equal increase in the GK71 account; it is not a sale. The intermediate direct balance is not stated.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Transfer quantity and direct post-change holding","page":2,"source_id":"2924-02988302-6A1281725"},{"locator":"Nature of change: off-market transfer to GK71 Pty Ltd","page":3,"source_id":"2924-02988302-6A1281725"}],"supersedes":[],"venue":"off_market","view":"directors"},{"account_entity_id":"gk71_account","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Off-market transfer from Graham Kerr's direct interest to GK71 Pty Ltd .","contract_details":"","currency":null,"date":"2025-09-02","date_end":null,"economic_event_id":"S32-KERR-20250902-TRANSFER-IN","entity_id":"graham_kerr","event_id":"S32-KERR-20250902-TRANSFER-IN","event_type":"transfer_in","exercise_price":null,"expiry_date":null,"holding_after":3305194,"holding_before":null,"interest_type":"indirect","notes":"Paired account legs of one off-market transfer; beneficial interest remains with Kerr.","original_wording":"Off-market transfer of interest from Graham Kerr to GK71 Pty Ltd ","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":224506,"quantity_acquired":224506,"quantity_disposed":0,"reconciliation_note":"The notice reports 3,305,194 shares in the GK71 account after the full 29 August-2 September sequence. The 224,506-share increase is paired with the same direct-account reduction; it is not a new beneficial acquisition. The intermediate GK71 balance is not stated.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Transfer quantity and indirect holding in GK71 Pty Ltd ","page":2,"source_id":"2924-02988302-6A1281725"},{"locator":"Nature of change: off-market transfer to GK71 Pty Ltd","page":3,"source_id":"2924-02988302-6A1281725"}],"supersedes":[],"venue":"off_market","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"cash","consideration_details":"Average price of $2.68 per share disclosed; no currency or total consideration stated.","contract_details":"","currency":null,"date":"2025-09-01","date_end":null,"economic_event_id":"S32-KERR-20250901-SALE","entity_id":"graham_kerr","event_id":"S32-KERR-20250901-SALE","event_type":"sale","exercise_price":null,"expiry_date":null,"holding_after":null,"holding_before":null,"interest_type":"direct","notes":"Sale to cover tax liabilities.","original_wording":"Disposal of 199,092 ordinary shares at an average of $2.68 per share to cover tax liabilities","percentage":null,"percentage_basis":null,"price":2.68,"price_basis":"disclosed","quantity":199092,"quantity_acquired":0,"quantity_disposed":199092,"reconciliation_note":"Disclosed average sale price is $2.68 per share; the filing does not state a currency or total cash amount.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Change dates and pre-change direct holding","page":1,"source_id":"2924-02988302-6A1281725"},{"locator":"Quantity disposed, average price and tax-liability purpose","page":2,"source_id":"2924-02988302-6A1281725"},{"locator":"Nature of change: on-market trade","page":3,"source_id":"2924-02988302-6A1281725"}],"supersedes":[],"venue":"on_market","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Shares acquired following vesting of deferred rights under the South32 Equity Incentive Plan.","contract_details":"","currency":null,"date":"2025-08-29","date_end":null,"economic_event_id":"S32-KERR-20250829-VESTING","entity_id":"graham_kerr","event_id":"S32-KERR-20250829-VESTING","event_type":"vesting","exercise_price":null,"expiry_date":null,"holding_after":null,"holding_before":414,"interest_type":"direct","notes":"","original_wording":"423,598 ordinary shares following vesting of 423,598 deferred rights held as short and long term incentive awards","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":423598,"quantity_acquired":423598,"quantity_disposed":0,"reconciliation_note":"The notice reports 414 ordinary shares before the full 29 August-2 September sequence and 414 after it; it does not state the intermediate balance after vesting.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Change dates and pre-change direct holding","page":1,"source_id":"2924-02988302-6A1281725"},{"locator":"Vesting quantity, consideration and post-change holdings","page":2,"source_id":"2924-02988302-6A1281725"}],"supersedes":[],"venue":"not_disclosed","view":"directors"},{"account_entity_id":"jane_nelson","cash_amount":121260.61,"consideration_basis":"cash","consideration_details":"The notice reports $121,260.61 for an on-market purchase on ASX; recorded in AUD.","contract_details":"","currency":"AUD","date":"2025-05-22","date_end":null,"economic_event_id":"S32-NELSON-20250522-PURCHASE","entity_id":"jane_nelson","event_id":"S32-NELSON-20250522-PURCHASE","event_type":"purchase","exercise_price":null,"expiry_date":null,"holding_after":40000,"holding_before":0,"interest_type":"direct","notes":"","original_wording":"On-market purchase of 40,000 South32 Limited ordinary fully paid shares on the Australian Securities Exchange","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":40000,"quantity_acquired":40000,"quantity_disposed":0,"reconciliation_note":"The notice identifies a direct interest and nil holdings before the purchase.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Change date, acquired quantity and pre-change holdings","page":1,"source_id":"2924-02950308-6A1265986"},{"locator":"Consideration and nature of change: on-market ASX purchase","page":2,"source_id":"2924-02950308-6A1265986"}],"supersedes":[],"venue":"on_market","view":"directors"},{"account_entity_id":"cufflink_pearce_super","cash_amount":108000,"consideration_basis":"cash","consideration_details":"The notice reports $108,000 for an on-market purchase on ASX; recorded in AUD.","contract_details":"","currency":"AUD","date":"2025-02-14","date_end":null,"economic_event_id":"S32-PEARCE-20250214-PURCHASE","entity_id":"stephen_pearce","event_id":"S32-PEARCE-20250214-PURCHASE","event_type":"purchase","exercise_price":null,"expiry_date":null,"holding_after":30000,"holding_before":0,"interest_type":"indirect","notes":"","original_wording":"On-market purchase of 30,000 South32 Limited ordinary fully paid shares on the Australian Securities Exchange","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":30000,"quantity_acquired":30000,"quantity_disposed":0,"reconciliation_note":"The notice reports nil prior securities in the disclosed indirect account and 30,000 shares after purchase.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Change date, acquired quantity and prior holdings","page":1,"source_id":"2924-02913737-6A1251687"},{"locator":"Consideration, post-change holdings and on-market ASX purchase","page":2,"source_id":"2924-02913737-6A1251687"}],"supersedes":[],"venue":"on_market","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Rights allocated at nil cost under the South32 Equity Incentive Plan.","contract_details":"","currency":null,"date":"2024-12-03","date_end":null,"economic_event_id":"S32-KERR-20241203-PERFORMANCE-RIGHTS-GRANT","entity_id":"graham_kerr","event_id":"S32-KERR-20241203-PERFORMANCE-RIGHTS-GRANT","event_type":"grant","exercise_price":null,"expiry_date":null,"holding_after":4377287,"holding_before":3249222,"interest_type":"direct","notes":"","original_wording":"1,128,065 performance rights held as long term incentive awards under the South32 Equity Incentive Plan","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":1128065,"quantity_acquired":1128065,"quantity_disposed":0,"reconciliation_note":"The performance-right balance increased by the disclosed 1,128,065-right grant. The 1,797,030-lapsed annotation is repeated on both opening and closing balances and is treated as historical context, not a separate in-period change.","reconciliation_status":"explained","security_class":"Performance rights under the South32 Equity Incentive Plan","source_refs":[{"locator":"Date of change and pre-change rights","page":1,"source_id":"2924-02891158-6A1242046"},{"locator":"Performance rights acquired, nil-cost consideration and post-change balance","page":2,"source_id":"2924-02891158-6A1242046"}],"supersedes":[],"venue":"not_disclosed","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Rights allocated at nil cost under the South32 Equity Incentive Plan.","contract_details":"","currency":null,"date":"2024-12-03","date_end":null,"economic_event_id":"S32-KERR-20241203-DEFERRED-RIGHTS-GRANT","entity_id":"graham_kerr","event_id":"S32-KERR-20241203-DEFERRED-RIGHTS-GRANT","event_type":"grant","exercise_price":null,"expiry_date":null,"holding_after":581732,"holding_before":233546,"interest_type":"direct","notes":"","original_wording":"348,186 deferred rights held as short term incentive awards under the South32 Equity Incentive Plan","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":348186,"quantity_acquired":348186,"quantity_disposed":0,"reconciliation_note":"The deferred-right balance increased by the disclosed 348,186-right grant.","reconciliation_status":"explained","security_class":"Deferred rights under the South32 Equity Incentive Plan","source_refs":[{"locator":"Date of change and pre-change rights","page":1,"source_id":"2924-02891158-6A1242046"},{"locator":"Deferred rights acquired, nil-cost consideration and post-change balance","page":2,"source_id":"2924-02891158-6A1242046"}],"supersedes":[],"venue":"not_disclosed","view":"directors"},{"account_entity_id":"warburton_super","cash_amount":75500,"consideration_basis":"cash","consideration_details":"The notice discloses AUD 3.02 per share for 25,000 shares; total gross cash consideration is 25,000 x AUD 3.02.","contract_details":"","currency":"AUD","date":"2024-09-05","date_end":null,"economic_event_id":"S32-WARBURTON-20240905-PURCHASE","entity_id":"sharon_warburton","event_id":"S32-WARBURTON-20240905-PURCHASE","event_type":"purchase","exercise_price":null,"expiry_date":null,"holding_after":67870,"holding_before":42870,"interest_type":"indirect","notes":"","original_wording":"On-market purchase of South32 Limited ordinary shares on the Australian Securities Exchange; AUD 3.02 per share","percentage":null,"percentage_basis":null,"price":3.02,"price_basis":"disclosed","quantity":25000,"quantity_acquired":25000,"quantity_disposed":0,"reconciliation_note":"The disclosed account-level position increases by the 25,000 shares acquired.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Change date, account, acquired quantity and prior holding","page":1,"source_id":"2924-02849674-6A1224240"},{"locator":"Post-change holding, AUD price per share and on-market ASX purchase","page":2,"source_id":"2924-02849674-6A1224240"}],"supersedes":[],"venue":"on_market","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Off-market transfer from Graham Kerr to GK71 Pty Ltd .","contract_details":"","currency":null,"date":"2024-09-03","date_end":null,"economic_event_id":"S32-KERR-20240903-GK71-TRANSFER-OUT","entity_id":"graham_kerr","event_id":"S32-KERR-20240903-GK71-TRANSFER-OUT","event_type":"transfer_out","exercise_price":null,"expiry_date":null,"holding_after":null,"holding_before":null,"interest_type":"direct","notes":"Paired with the transfer-in record for the same account movement; it is not a sale.","original_wording":"Off-market transfer of 3,080,688 South32 Limited ordinary fully paid shares to GK71 Pty Ltd ","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":3080688,"quantity_acquired":0,"quantity_disposed":3080688,"reconciliation_note":"The 3,080,688-share direct-account reduction is paired with an equal GK71 increase. The notice gives closing balances for the sequence but does not disclose an intermediate account balance.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Quantity transferred to GK71 Pty Ltd and closing account positions","page":2,"source_id":"2924-02848304-6A1223769"},{"locator":"Nature of change: off-market transfer to GK71","page":3,"source_id":"2924-02848304-6A1223769"}],"supersedes":[],"venue":"off_market","view":"directors"},{"account_entity_id":"gk71_account","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Off-market transfer from Graham Kerr's direct interest to GK71 Pty Ltd .","contract_details":"","currency":null,"date":"2024-09-03","date_end":null,"economic_event_id":"S32-KERR-20240903-GK71-TRANSFER-IN","entity_id":"graham_kerr","event_id":"S32-KERR-20240903-GK71-TRANSFER-IN","event_type":"transfer_in","exercise_price":null,"expiry_date":null,"holding_after":null,"holding_before":null,"interest_type":"indirect","notes":"Paired with the transfer-out record for the same account movement; no new beneficial acquisition is implied.","original_wording":"Off-market transfer of 3,080,688 South32 Limited ordinary fully paid shares to GK71 Pty Ltd ","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":3080688,"quantity_acquired":3080688,"quantity_disposed":0,"reconciliation_note":"The reported indirect closing holding is 3,080,688 shares; the notice does not give an opening or intermediate balance for this account.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Quantity transferred to GK71 Pty Ltd and closing indirect holding","page":2,"source_id":"2924-02848304-6A1223769"},{"locator":"Nature of change: off-market transfer to GK71","page":3,"source_id":"2924-02848304-6A1223769"}],"supersedes":[],"venue":"off_market","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Off-market transfer as part of a divorce settlement; transferee not disclosed.","contract_details":"","currency":null,"date":"2024-09-03","date_end":null,"economic_event_id":"S32-KERR-20240903-DIVORCE-TRANSFER","entity_id":"graham_kerr","event_id":"S32-KERR-20240903-DIVORCE-TRANSFER","event_type":"transfer_out","exercise_price":null,"expiry_date":null,"holding_after":null,"holding_before":null,"interest_type":"direct","notes":"Transferee not identified in the notice.","original_wording":"Non-cash disposal of 141,645 ordinary shares on 3 September 2024 as part of a divorce settlement","percentage":null,"percentage_basis":null,"price":null,"price_basis":"not_disclosed","quantity":141645,"quantity_acquired":0,"quantity_disposed":141645,"reconciliation_note":"The source identifies a non-cash divorce-settlement transfer but does not identify the receiving account; no recipient entity is inferred.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Quantity disposed and non-cash divorce-settlement transfer","page":2,"source_id":"2924-02848304-6A1223769"},{"locator":"Nature of change: off-market transfer in divorce settlement","page":3,"source_id":"2924-02848304-6A1223769"}],"supersedes":[],"venue":"off_market","view":"directors"},{"account_entity_id":"graham_kerr","cash_amount":null,"consideration_basis":"non_cash","consideration_details":"Performance rights lapsed under the South32 Equity Incentive Plan; 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the reported aggregate is retained without allocation.","reconciliation_status":"explained","security_class":"Depository Interests representing ordinary shares","source_refs":[{"locator":"Final Director's Interest Notice, Part 2","page":3,"source_id":"2924-02871146-6A1233142"}],"supersedes":[],"view":"directors"},{"account_entity_id":"keith_rumble","date":"2024-10-24","date_end":null,"entity_id":"keith_rumble","holding_after":null,"holding_before":null,"interest_type":"direct","notes":"","observation_id":"S32-RUMBLE-20241024-FINAL-ORDINARY","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":55000,"reconciliation_note":"","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Final Director's Interest Notice, Part 1","page":2,"source_id":"2924-02871146-6A1233142"}],"supersedes":[],"view":"directors"},{"account_entity_id":"graham_kerr","date":"2024-09-03","date_end":null,"entity_id":"graham_kerr","holding_after":null,"holding_before":null,"interest_type":"direct","notes":"","observation_id":"S32-KERR-20240903-DIRECT-CLOSING","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":414,"reconciliation_note":"The opening direct balance plus disclosed vesting less the two non-cash transfer-outs equals the reported 414-share closing balance; intermediate positions are not disclosed.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Post-change direct ordinary-share holding","page":2,"source_id":"2924-02848304-6A1223769"}],"supersedes":[],"view":"directors"},{"account_entity_id":"gk71_account","date":"2024-09-03","date_end":null,"entity_id":"graham_kerr","holding_after":null,"holding_before":null,"interest_type":"indirect","notes":"","observation_id":"S32-KERR-20240903-GK71-CLOSING","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":3080688,"reconciliation_note":"The closing holding equals the disclosed transfer into GK71; the filing does not report an earlier GK71 balance.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Post-change indirect ordinary-share holding in GK71 Pty Ltd","page":2,"source_id":"2924-02848304-6A1223769"}],"supersedes":[],"view":"directors"},{"account_entity_id":"warburton_super","date":"2023-11-28","date_end":null,"entity_id":"sharon_warburton","holding_after":null,"holding_before":null,"interest_type":"indirect","notes":"","observation_id":"S32-WARBURTON-20231128-INITIAL-INDIRECT","observation_type":"initial","percentage":null,"percentage_basis":null,"quantity":42870,"reconciliation_note":"","security_class":"Ordinary shares in South32 Limited","source_refs":[{"locator":"Initial Director's Interest Notice, Part 2; trustee account and indirect share position","page":1,"source_id":"2924-02746037-6A1183121"}],"supersedes":[],"view":"directors"},{"account_entity_id":"graham_kerr","date":"2023-08-28","date_end":null,"entity_id":"graham_kerr","holding_after":283289,"holding_before":525449,"interest_type":"direct","notes":"","observation_id":"S32-KERR-20230828-FINAL-DEFERRED-RIGHTS","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":283289,"reconciliation_note":"The 242,160 decrease equals the number of deferred rights reported as vested into ordinary shares.","reconciliation_status":"explained","security_class":"Deferred rights under the South32 Equity Incentive Plan","source_refs":[{"locator":"Pre-change deferred-right balance","page":1,"source_id":"2924-02704188-6A1165324"},{"locator":"Post-change deferred-right balance","page":2,"source_id":"2924-02704188-6A1165324"}],"supersedes":[],"view":"directors"},{"account_entity_id":"graham_kerr","date":"2023-08-28","date_end":null,"entity_id":"graham_kerr","holding_after":4896872,"holding_before":6593133,"interest_type":"direct","notes":"","observation_id":"S32-KERR-20230828-FINAL-PERFORMANCE-RIGHTS","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":4896872,"reconciliation_note":"The performance-right balance fell by 1,696,261, but this notice does not give a corresponding vesting, lapse or cancellation transaction for that decrease; no speculative event is recorded.","reconciliation_status":"material_unresolved","security_class":"Performance rights under the South32 Equity Incentive Plan","source_refs":[{"locator":"Pre-change performance-right balance","page":1,"source_id":"2924-02704188-6A1165324"},{"locator":"Post-change performance-right balance","page":2,"source_id":"2924-02704188-6A1165324"}],"supersedes":[],"view":"directors"},{"account_entity_id":"graham_kerr","date":"2023-08-28","date_end":null,"entity_id":"graham_kerr","holding_after":null,"holding_before":null,"interest_type":"direct","notes":"","observation_id":"S32-KERR-20230828-FINAL-SHARES","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":2040944,"reconciliation_note":"Opening shares plus disclosed vesting less the divorce-settlement transfer and on-market sale equals the reported 2,040,944-share closing balance; individual intermediate balances are not disclosed.","reconciliation_status":"explained","security_class":"Ordinary fully paid shares","source_refs":[{"locator":"Post-change ordinary-share balance","page":2,"source_id":"2924-02704188-6A1165324"}],"supersedes":[],"view":"directors"},{"account_entity_id":"lansdown_living_trust","date":"2023-05-31","date_end":null,"entity_id":"guy_lansdown","holding_after":null,"holding_before":null,"interest_type":"indirect","notes":"","observation_id":"S32-LANSDOWN-20230531-FINAL-ADR","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":16000,"reconciliation_note":"16,000 ADRs represent an interest in 80,000 ordinary shares; these are different units for one reported position, not additive holdings.","reconciliation_status":"explained","security_class":"American Depositary Receipts (each reported as representing five South32 ordinary shares)","source_refs":[{"locator":"Final Director's Interest Notice, Part 2","page":2,"source_id":"2924-02671545-6A1152401"}],"supersedes":[],"view":"directors"},{"account_entity_id":"guy_lansdown","date":"2023-05-31","date_end":null,"entity_id":"guy_lansdown","holding_after":null,"holding_before":null,"interest_type":"direct","notes":"","observation_id":"S32-LANSDOWN-20230531-FINAL-DIRECT","observation_type":"final","percentage":null,"percentage_basis":null,"quantity":0,"reconciliation_note":"","security_class":"Ordinary shares","source_refs":[{"locator":"Final Director's Interest Notice, Part 1","page":1,"source_id":"2924-02671545-6A1152401"}],"supersedes":[],"view":"directors"},{"account_entity_id":"carlos_mesquita","date":"2023-05-01","date_end":null,"entity_id":"carlos_mesquita","holding_after":null,"holding_before":null,"interest_type":"direct","notes":"","observation_id":"S32-MESQUITA-20230501-INITIAL-DEPOSITORY-INTERESTS","observation_type":"initial","percentage":null,"percentage_basis":null,"quantity":89841,"reconciliation_note":"The notice states that 89,841 Depository Interests represent an interest in 89,841 ordinary shares; the two units are one position, not additive holdings.","reconciliation_status":"explained","security_class":"Depository Interests representing ordinary shares","source_refs":[{"locator":"Initial Director's Interest Notice, Part 1","page":1,"source_id":"2924-02660987-6A1148105"}],"supersedes":[],"view":"directors"},{"account_entity_id":"carlos_mesquita","date":"2023-05-01","date_end":null,"entity_id":"carlos_mesquita","holding_after":null,"holding_before":null,"interest_type":"direct","notes":"","observation_id":"S32-MESQUITA-20230501-INITIAL-ORDINARY","observation_type":"initial","percentage":null,"percentage_basis":null,"quantity":87599,"reconciliation_note":"","security_class":"Ordinary shares in South32 Limited","source_refs":[{"locator":"Initial Director's Interest Notice, Part 1","page":1,"source_id":"2924-02660987-6A1148105"}],"supersedes":[],"view":"directors"}],"pending_count":125,"pending_ownership_count":38,"pending_support_count":87,"review":{"coverage_note":"All 27 review-needed South32 director-interest notices in the 2 November 2026 index were reviewed in full and staged, alongside five previously saved reviewed sources, seven relevant Appendix 3G security-issue notices, and five issuer-level Appendix 3G/3H sources triaged as background-only. Three substantial-holder notices were reviewed: two State Street Forms 605 with 73 change rows and one AustralianSuper Form 604 with 84 transaction rows. The director view remains partial because one historical rights-balance change is unexplained; major-holder coverage remains partial because other indexed holder notices and shareholder-list evidence are pending.","coverage_start":"2023-01-01","cutoff_date":"2026-11-02","download_profile":"valuation","issuer_identifier":"ABN 84 093 732 597","issuer_name":"South32 Limited","limitations":["The 2023-08-29 Graham Kerr notice reports performance rights falling from 6,593,133 to 4,896,872, while disclosing 242,160 deferred rights vested into ordinary shares. The additional 1,696,261 performance-right reduction is not explained in that notice; no speculative transaction is recorded.","The 2024-09-03 Graham Kerr notice reports 1,797,030 performance rights lapsed within the 30 August to 3 September change window but does not assign the exact lapse day; the event is recorded with that date range.","The 13 November 2023 State Street Form 605 reports cessation on 9 November but gives no exact post-event aggregate position. Its securities-lending and collateral rows describe relevant-interest changes, not beneficial ownership; no exact closing position is inferred.","The 2 November 2023 State Street Form 605 reports cessation on 31 October but gives no exact post-event aggregate position. Its 40 rows net to -5,054,987 reported relevant-interest shares. The Form 603 cited as the previous notice remains pending and is not used to infer a closing balance.","The 8 October 2024 AustralianSuper Form 604 reports 84 buys/sells with net +48,400,829 shares, exactly tying 227,048,553 votes / 5.01% to 275,449,382 votes / 6.08%. Its consideration values have no stated currency or aggregate cash amounts; no total cash is inferred. The cited previous Form 603 remains pending but is not needed for the Form 604's disclosed-position reconciliation.","Other substantial-holder notices, shareholder lists and supporting sources remain pending. Major-holder coverage is partial; only three notices in the indexed holder queue have been reviewed.","ASX director notices do not establish unreported employee trading below disclosure thresholds."],"reviewed_at":"2026-11-02T21:52:38+00:00","schema_version":"1.1.0","ticker":"S32","view_coverage":{"directors":{"coverage_start":"2023-01-01","note":"All 27 director-interest notices marked review-needed in the 2 November 2026 index were reviewed and dispositioned, in addition to five previously reviewed sources and seven relevant Appendix 3G issue notices. No queued director-interest notice remains in this indexed window. The 2023 performance-right balance difference remains materially unexplained, so the view is partial.","reviewed_at":"2026-11-02T21:36:56+00:00","reviewed_through":"2026-10-23","status":"partial"},"major_holders":{"coverage_start":"2023-01-01","note":"Reviewed State Street's 2 November 2023 Form 605 for cessation on 31 October (40 rows), its 13 November 2023 Form 605 for cessation on 9 November (33 rows), and AustralianSuper's 8 October 2024 Form 604 for the 1 October change (84 buy/sell rows). AustralianSuper's row net exactly reconciles its disclosed previous and present voting positions; the State Street forms provide no exact closing positions. Other indexed holder notices and shareholder lists remain pending, so this view is partial.","reviewed_at":"2026-11-02T21:48:09+00:00","reviewed_through":"2024-10-01","status":"partial"}}},"review_digest":"66a0736378becf8526ddcec6e6dd4c3659cfca7e4e54a26eba058100dcb1563e","review_issues":[{"note":"The account decrease equals the disclosed transfer quantity; no sale proceeds or recipient are stated.","record_id":"S32-KERR-20230309-DIVORCE-TRANSFER","source_ids":["2924-02641900-6A1140055"],"status":"explained","view":"directors"},{"note":"The 63,000-share account movement is matched by the same quantity in the successor trustee account; the other 304,825-share family account is unchanged.","record_id":"S32-KAREN-WOOD-20230825-SUPER-TRANSFER-OUT","source_ids":["2924-02702733-6A1164824"],"status":"explained","view":"directors"},{"note":"The 63,000-share increase in the new trustee account matches the old-account reduction; the other 304,825-share family account is unchanged.","record_id":"S32-KAREN-WOOD-20230825-SUPER-TRANSFER-IN","source_ids":["2924-02702733-6A1164824"],"status":"explained","view":"directors"},{"note":"The notice reports 1,976,772 shares before the multi-date change sequence and 2,040,944 after it; intermediate balances are not disclosed.","record_id":"S32-KERR-20230825-VESTING","source_ids":["2924-02704188-6A1165324"],"status":"explained","view":"directors"},{"note":"This 121,080-share non-cash transfer is separate from the 56,908-share market sale; the notice does not identify the recipient.","record_id":"S32-KERR-20230825-DIVORCE-TRANSFER","source_ids":["2924-02704188-6A1165324"],"status":"explained","view":"directors"},{"note":"The 56,908-share sale is recorded at the disclosed $3.44 average; the source does not specify currency or intermediate account positions.","record_id":"S32-KERR-20230828-SALE","source_ids":["2924-02704188-6A1165324"],"status":"explained","view":"directors"},{"note":"The deferred-right balance increased by the disclosed 233,546-right grant.","record_id":"S32-KERR-20231204-DEFERRED-RIGHTS-GRANT","source_ids":["2924-02750248-6A1184974"],"status":"explained","view":"directors"},{"note":"The performance-right balance increased by the disclosed 1,047,894-right grant.","record_id":"S32-KERR-20231204-PERFORMANCE-RIGHTS-GRANT","source_ids":["2924-02750248-6A1184974"],"status":"explained","view":"directors"},{"note":"The notice reports opening direct shares of 2,040,944 before the multi-date sequence and 414 after it; intermediate balances are not stated.","record_id":"S32-KERR-20240830-VESTING","source_ids":["2924-02848304-6A1223769"],"status":"explained","view":"directors"},{"note":"The notice states 1,797,030 rights lapsed within the listed 30 August and 3 September change dates but does not identify the exact date; the date range preserves that uncertainty.","record_id":"S32-KERR-20240830-20240903-RIGHTS-LAPSE","source_ids":["2924-02848304-6A1223769"],"status":"explained","view":"directors"},{"note":"The source identifies a non-cash divorce-settlement transfer but does not identify the receiving account; no recipient entity is inferred.","record_id":"S32-KERR-20240903-DIVORCE-TRANSFER","source_ids":["2924-02848304-6A1223769"],"status":"explained","view":"directors"},{"note":"The 3,080,688-share direct-account reduction is paired with an equal GK71 increase. The notice gives closing balances for the sequence but does not disclose an intermediate account balance.","record_id":"S32-KERR-20240903-GK71-TRANSFER-OUT","source_ids":["2924-02848304-6A1223769"],"status":"explained","view":"directors"},{"note":"The reported indirect closing holding is 3,080,688 shares; the notice does not give an opening or intermediate balance for this account.","record_id":"S32-KERR-20240903-GK71-TRANSFER-IN","source_ids":["2924-02848304-6A1223769"],"status":"explained","view":"directors"},{"note":"The disclosed account-level position increases by the 25,000 shares acquired.","record_id":"S32-WARBURTON-20240905-PURCHASE","source_ids":["2924-02849674-6A1224240"],"status":"explained","view":"directors"},{"note":"The deferred-right balance increased by the disclosed 348,186-right grant.","record_id":"S32-KERR-20241203-DEFERRED-RIGHTS-GRANT","source_ids":["2924-02891158-6A1242046"],"status":"explained","view":"directors"},{"note":"The performance-right balance increased by the disclosed 1,128,065-right grant. The 1,797,030-lapsed annotation is repeated on both opening and closing balances and is treated as historical context, not a separate in-period change.","record_id":"S32-KERR-20241203-PERFORMANCE-RIGHTS-GRANT","source_ids":["2924-02891158-6A1242046"],"status":"explained","view":"directors"},{"note":"The notice reports nil prior securities in the disclosed indirect account and 30,000 shares after purchase.","record_id":"S32-PEARCE-20250214-PURCHASE","source_ids":["2924-02913737-6A1251687"],"status":"explained","view":"directors"},{"note":"The notice identifies a direct interest and nil holdings before the purchase.","record_id":"S32-NELSON-20250522-PURCHASE","source_ids":["2924-02950308-6A1265986"],"status":"explained","view":"directors"},{"note":"The notice reports 414 ordinary shares before the full 29 August-2 September sequence and 414 after it; it does not state the intermediate balance after vesting.","record_id":"S32-KERR-20250829-VESTING","source_ids":["2924-02988302-6A1281725"],"status":"explained","view":"directors"},{"note":"Disclosed average sale price is $2.68 per share; the filing does not state a currency or total cash amount.","record_id":"S32-KERR-20250901-SALE","source_ids":["2924-02988302-6A1281725"],"status":"explained","view":"directors"},{"note":"The notice reports 414 ordinary shares after the full 29 August-2 September sequence. The 224,506-share direct-account reduction is paired with an equal increase in the GK71 account; it is not a sale. The intermediate direct balance is not stated.","record_id":"S32-KERR-20250902-TRANSFER-OUT","source_ids":["2924-02988302-6A1281725"],"status":"explained","view":"directors"},{"note":"The notice reports 3,305,194 shares in the GK71 account after the full 29 August-2 September sequence. The 224,506-share increase is paired with the same direct-account reduction; it is not a new beneficial acquisition. The intermediate GK71 balance is not stated.","record_id":"S32-KERR-20250902-TRANSFER-IN","source_ids":["2924-02988302-6A1281725"],"status":"explained","view":"directors"},{"note":"The disclosed 30,000-share superannuation interest is indirect and remains separate from the direct account balance.","record_id":"S32-PEARCE-20250912-PURCHASE","source_ids":["2924-02993480-6A1283879"],"status":"explained","view":"directors"},{"note":"The deferred-right balance increased from 348,186 to 714,727, matching the disclosed grant of 366,541 rights.","record_id":"S32-KERR-20251203-DEFERRED-RIGHTS-GRANT","source_ids":["2924-03033756-6A1301735"],"status":"explained","view":"directors"},{"note":"The performance-right balance increased by the disclosed 1,512,027-right grant. The 1,076,963-lapsed annotation is repeated on both opening and closing balances and is treated as historical context, not a separate in-period change.","record_id":"S32-KERR-20251203-PERFORMANCE-RIGHTS-GRANT","source_ids":["2924-03033756-6A1301735"],"status":"explained","view":"directors"},{"note":"The notice gives a two-day change window without assigning a particular day to either account leg. The direct reduction is paired with the same 1,720-share increase in the indirect account.","record_id":"S32-OSBORN-20260804-TRANSFER-OUT","source_ids":["2924-03119199-6A1337812"],"status":"explained","view":"directors"},{"note":"The notice gives a two-day change window without assigning a particular day to either account leg. The indirect increase is paired with the same 1,720-share reduction in the direct account; the 172,384-share super fund account is unchanged.","record_id":"S32-OSBORN-20260804-TRANSFER-IN","source_ids":["2924-03119199-6A1337812"],"status":"explained","view":"directors"},{"note":"The separate 30,000-share superannuation account is unchanged and excluded from this account-level before/after balance.","record_id":"S32-PEARCE-20260828-PURCHASE","source_ids":["2924-03128544-6A1340999"],"status":"explained","view":"directors"},{"note":"The 242,160 decrease equals the number of deferred rights reported as vested into ordinary shares.","record_id":"S32-KERR-20230828-FINAL-DEFERRED-RIGHTS","source_ids":["2924-02704188-6A1165324"],"status":"explained","view":"directors"},{"note":"The performance-right balance fell by 1,696,261, but this notice does not give a corresponding vesting, lapse or cancellation transaction for that decrease; no speculative event is recorded.","record_id":"S32-KERR-20230828-FINAL-PERFORMANCE-RIGHTS","source_ids":["2924-02704188-6A1165324"],"status":"material_unresolved","view":"directors"},{"note":"Opening shares plus disclosed vesting less the divorce-settlement transfer and on-market sale equals the reported 2,040,944-share closing balance; individual intermediate balances are not disclosed.","record_id":"S32-KERR-20230828-FINAL-SHARES","source_ids":["2924-02704188-6A1165324"],"status":"explained","view":"directors"},{"note":"The opening direct balance plus disclosed vesting less the two non-cash transfer-outs equals the reported 414-share closing balance; intermediate positions are not disclosed.","record_id":"S32-KERR-20240903-DIRECT-CLOSING","source_ids":["2924-02848304-6A1223769"],"status":"explained","view":"directors"},{"note":"The closing holding equals the disclosed transfer into GK71; the filing does not report an earlier GK71 balance.","record_id":"S32-KERR-20240903-GK71-CLOSING","source_ids":["2924-02848304-6A1223769"],"status":"explained","view":"directors"},{"note":"16,000 ADRs represent an interest in 80,000 ordinary shares; these are different units for one reported position, not additive holdings.","record_id":"S32-LANSDOWN-20230531-FINAL-ADR","source_ids":["2924-02671545-6A1152401"],"status":"explained","view":"directors"},{"note":"The notice states that 89,841 Depository Interests represent an interest in 89,841 ordinary shares; the two units are one position, not additive holdings.","record_id":"S32-MESQUITA-20230501-INITIAL-DEPOSITORY-INTERESTS","source_ids":["2924-02660987-6A1148105"],"status":"explained","view":"directors"},{"note":"The source identifies joint/spousal and two trust interests but gives no per-account split; the reported aggregate is retained without allocation.","record_id":"S32-RUMBLE-20241024-FINAL-DI-INDIRECT","source_ids":["2924-02871146-6A1233142"],"status":"explained","view":"directors"}],"scan":{"failures":[],"last_collected_at":"2026-11-06T12:06:29.720051Z","profile":"valuation","scanned_through":"2026-11-06","ticker":"S32"},"sources":{"2924-02641900-6A1140055":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.512592Z","page_count":3,"published_at_utc":"2023-03-09T05:55:39.000Z","relative_path":"2023/2023-03-09_Change of Director's Interest Notice - G Kerr_7649044df21ec127.pdf","review_note":"All three pages of the South32 director notice reviewed. On 9 March 2023, Kerr made a non-cash off-market disposal of 1,976,772 ordinary shares as part of a divorce settlement, reducing his direct holding from 3,953,544 to 1,976,772. The recipient is not identified in the notice.","sha256":"568df13fb16e4b7bbd49b3d1b2e7fa1b06b8432bfd6e62d0923eb6500607a612","source_id":"2924-02641900-6A1140055","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Change of Director's Interest Notice - G Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02641900-6A1140055"},"2924-02660987-6A1148105":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.496576Z","page_count":2,"published_at_utc":"2023-05-01T04:16:20.000Z","relative_path":"2023/2023-05-01_Appendix 3X - Carlos Mesquita_cf180a8d01f8d2e6.pdf","review_note":"Both pages of the South32 Initial Director's Interest Notice reviewed. At his 1 May 2023 appointment, Carlos Mesquita reported 87,599 ordinary shares and 89,841 Depository Interests representing 89,841 ordinary shares; both were disclosed as direct positions and are not additive units.","sha256":"289b992454abfd71cb50240dcb619a09e2c20dd9f1a214bdd182be28368baca7","source_id":"2924-02660987-6A1148105","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3X - Carlos Mesquita","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02660987-6A1148105"},"2924-02660988-6A1148106":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.496292Z","page_count":2,"published_at_utc":"2023-05-01T04:16:40.000Z","relative_path":"2023/2023-05-01_Appendix 3X - Jane Nelson_fe44f3c73205cbb6.pdf","review_note":"Both pages of the South32 Initial Director's Interest Notice reviewed. Jane Nelson's 1 May 2023 appointment notice reports nil registered securities and nil non-registered holdings or contracts.","sha256":"9b0fa386d2bfa1c61add69ce210181f91cb722e5976a307dded08aa60f4413b1","source_id":"2924-02660988-6A1148106","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3X - Jane Nelson","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02660988-6A1148106"},"2924-02671545-6A1152401":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.495515Z","page_count":2,"published_at_utc":"2023-05-31T02:57:19.000Z","relative_path":"2023/2023-05-31_Appendix 3Z - Guy Lansdown_0d81efabffb97efa.pdf","review_note":"Both pages of the South32 Final Director's Interest Notice reviewed. Guy Lansdown ceased as a director on 31 May 2023; the final notice reports nil direct shares and 16,000 ADRs representing 80,000 ordinary shares indirectly through the specified Lansdown trust. The ADR and ordinary-share quantities are not additive.","sha256":"6fdf3413dc2f1a042ff34c6e2eed4ac9daf3dbc2b2b611272e5ef79be4595dc1","source_id":"2924-02671545-6A1152401","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Z - Guy Lansdown","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02671545-6A1152401"},"2924-02702733-6A1164824":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.494336Z","page_count":3,"published_at_utc":"2023-08-25T08:40:17.000Z","relative_path":"2023/2023-08-25_Appendix 3Y Change of Director's Interest Notice - K Wood_af5fac5c9dfee6b4.pdf","review_note":"All three pages of the South32 director notice reviewed. On 25 August 2023, a 63,000-share holding moved off market from Karen Wood and Alexander Sloan as superannuation trustees to Sloan Wood Pty Ltd as trustee of the same fund. The notice reports no change in the number of securities or beneficial ownership; it is an account transfer, not a trade.","sha256":"bb495f9526bd394c829e24b00ed7257aecce5b0fe1d1c559a13e6bf85cb6e93c","source_id":"2924-02702733-6A1164824","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y Change of Director's Interest Notice - K Wood","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02702733-6A1164824"},"2924-02704188-6A1165324":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.494008Z","page_count":3,"published_at_utc":"2023-08-29T04:08:10.000Z","relative_path":"2023/2023-08-29_Appendix 3Y Change of Director's Interest Notice - G Kerr_b3fa72f8a7e6739d.pdf","review_note":"All three pages of the South32 director notice reviewed. Between 25 and 28 August 2023, Kerr acquired 242,160 ordinary shares after rights vesting, transferred 121,080 shares off market in a divorce settlement on 25 August, and sold 56,908 shares on market at an average $3.44 on 28 August to cover tax liabilities. Direct ordinary shares reconcile from 1,976,772 to 2,040,944. The performance-right balance fell from 6,593,133 to 4,896,872; after separating the disclosed vesting of 242,160 deferred rights, the remaining 1,696,261 performance-right reduction is not explained in this notice.","sha256":"06d2e5c42c60d6121c1fd645ba9e22ab1d7c521bb3938d8e10240baf4360175a","source_id":"2924-02704188-6A1165324","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y Change of Director's Interest Notice - G Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02704188-6A1165324"},"2924-02704190-6A1165325":{"category":"security_event","collected_at":"2026-10-31T19:21:52.493628Z","page_count":6,"published_at_utc":"2023-08-29T04:09:30.000Z","relative_path":"2023/2023-08-29_Notification regarding unquoted securities - S32_d87715c3274a326f.pdf","review_note":"All six pages of South32's unquoted-securities issue notice reviewed. It records 242,160 ordinary shares issued to Graham Kerr on 25 August 2023, matching his Appendix 3Y vesting record. The issue notice does not report a cancellation or lapse explaining the separate 1,696,261 performance-right balance reduction; that discrepancy remains unresolved.","sha256":"f1a6e6c668037edee36f9f7be439d9d3de9083660d172e237013f1b8d6c70bf6","source_id":"2924-02704190-6A1165325","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"relevant","reason":"Confirms the disclosed 242,160-share vesting to Graham Kerr but does not explain the separate 1,696,261 performance-right reduction in the related Appendix 3Y; retained as relevant context without adding a duplicate event.","views":["directors"]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02704190-6A1165325"},"2924-02735461-6A1178767":{"category":"holder_notice","collected_at":"2026-10-31T19:21:52.474903Z","page_count":5,"published_at_utc":"2023-11-02T09:26:11.000Z","relative_path":"2023/2023-11-02_Ceasing to be a substantial holder_68b1e8fed09e44b0.pdf","review_note":"All five pages of South32's Form 605 were reviewed, including all 40 Annexure B changes dated 31 October and Annexure C lending/collateral terms. The form reports State Street Corporation and named subsidiaries ceased to be a substantial holder on 31 October 2023, but supplies no exact post-event aggregate position. The row changes net to -5,054,987 relevant-interest shares (State Street Global Advisors Australia +1,070,713; State Street Global Advisors, Inc. +36,271; State Street Bank and Trust Company -6,161,971). Loan and collateral changes are retained separately from cash trades and are not treated as beneficial ownership.","sha256":"30e3fbf12cba28ff13c1c7c4bff7319f8116c667dc5b6090730e8f0ceadeb9a3","source_id":"2924-02735461-6A1178767","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Ceasing to be a substantial holder","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02735461-6A1178767"},"2924-02739228-6A1180249":{"category":"holder_notice","collected_at":"2026-10-31T19:21:52.472058Z","page_count":5,"published_at_utc":"2023-11-13T08:13:22.000Z","relative_path":"2023/2023-11-13_Ceasing to be a substantial holder_361f1e4662f310fc.pdf","review_note":"All five pages of South32's Form 605 were reviewed, including all 33 Annexure B changes rows and Annexure C's securities-lending terms. The form identifies State Street Corporation and named subsidiaries, records cessation on 9 November 2023, and provides no exact post-event aggregate holding. The row changes sum to a net decrease of 6,350,503 reported relevant-interest shares (SSGA Inc. +9,814; State Street Bank and Trust Company -6,360,317); loan and collateral movements are recorded as contract changes, not ordinary purchases/sales or beneficial ownership.","sha256":"cd7c5b06c4166ba9015a84e5eaad2efced123bcc793f135bde5afdf2351dc32f","source_id":"2924-02739228-6A1180249","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Ceasing to be a substantial holder","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02739228-6A1180249"},"2924-02746037-6A1183121":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.464942Z","page_count":2,"published_at_utc":"2023-11-27T21:28:06.000Z","relative_path":"2023/2023-11-28_Appendix 3X (Sharon Warburton)_71839026dcabac89.pdf","review_note":"Both pages of the South32 Initial Director's Interest Notice reviewed. On joining the board on 28 November 2023, Sharon Lee Warburton reported 42,870 indirect ordinary shares through S&C Warburton Pty Ltd as trustee of the S & C Warburton SF A/C and nil registered direct shares.","sha256":"1482bd366ff4060e3628e485bd3ff29a430bddbf73f96af259080a9dfbce310a","source_id":"2924-02746037-6A1183121","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3X (Sharon Warburton)","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02746037-6A1183121"},"2924-02750248-6A1184974":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.464122Z","page_count":3,"published_at_utc":"2023-12-05T07:25:00.000Z","relative_path":"2023/2023-12-05_Appendix 3Y Change of Director's Interest Notice - G Kerr_cec4ea9497cd2d48.pdf","review_note":"All three pages of the South32 director notice reviewed. On 4 December 2023, Kerr received 233,546 deferred rights and 1,047,894 performance rights at nil cost under the Equity Incentive Plan. Both rights balances increased by the disclosed awards; no share transaction is reported.","sha256":"2bd42210b0539b030ec97a5191ba26ab29800115ef506935b3c86b155de58672","source_id":"2924-02750248-6A1184974","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y Change of Director's Interest Notice - G Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02750248-6A1184974"},"2924-02750251-6A1184977":{"category":"security_event","collected_at":"2026-10-31T19:21:52.463859Z","page_count":7,"published_at_utc":"2023-12-05T07:25:50.000Z","relative_path":"2023/2023-12-05_Notification regarding unquoted securities - S32_b98f5055a4b2e380.pdf","review_note":"All seven pages of South32's unquoted-securities issue notice reviewed. It records 1,281,440 rights issued to Graham Kerr on 4 December 2023, matching his Appendix 3Y deferred- and performance-right grants. No duplicate event is added.","sha256":"46a23538ec45e2d3140041af6b0c4d781532cfc78228d78e1c8abefe23436362","source_id":"2924-02750251-6A1184977","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"relevant","reason":"Cross-checks Graham Kerr's 4 December 2023 rights grant and total in his Appendix 3Y; no duplicate KMP award event is added.","views":["directors"]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02750251-6A1184977"},"2924-02848304-6A1223769":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.450074Z","page_count":3,"published_at_utc":"2024-09-03T07:10:43.000Z","relative_path":"2024/2024-09-03_Appendix 3Y - Graham Kerr_b2d8707f5b40d2c5.pdf","review_note":"All three pages of the South32 director notice reviewed. Kerr reported 1,181,803 ordinary shares acquired following rights vesting on 30 August 2024, 141,645 ordinary shares transferred off market in a divorce settlement on 3 September, and 3,080,688 ordinary shares transferred to GK71 on 3 September. The notice also reports 1,797,030 performance rights lapsed within the change period; the exact lapse day is not specified. Direct and GK71 closing share positions are 414 and 3,080,688 respectively.","sha256":"2f674830040b2d218b0e1842ef5155b95307edbe6915bb81ed82ce1a885a129d","source_id":"2924-02848304-6A1223769","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Graham Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02848304-6A1223769"},"2924-02848306-6A1223770":{"category":"security_event","collected_at":"2026-10-31T19:21:52.449838Z","page_count":6,"published_at_utc":"2024-09-03T07:12:03.000Z","relative_path":"2024/2024-09-03_Notification regarding unquoted securities - S32_c3c2261820d93467.pdf","review_note":"All six pages of South32's Appendix 3G reviewed. It records 1,181,803 ordinary shares issued to Graham Kerr on 30 August 2024, matching his Appendix 3Y vesting quantity and date. No duplicate event is added.","sha256":"43396e208c02abb0dc8a0132e51afc86f5e17bb9e7f6ccc3225e5bbeee5c45e9","source_id":"2924-02848306-6A1223770","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"relevant","reason":"Corroborates Graham Kerr's 30 August 2024 vesting quantity and date in his Appendix 3Y; no duplicate KMP award event is added.","views":["directors"]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02848306-6A1223770"},"2924-02849674-6A1224240":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.449531Z","page_count":2,"published_at_utc":"2024-09-05T23:38:12.000Z","relative_path":"2024/2024-09-06_Appendix 3Y - Sharon Warburton_97c226a477578554.pdf","review_note":"Both pages of the South32 director notice reviewed. Warburton acquired 25,000 ordinary shares indirectly through the S&C Warburton superannuation trustee on 5 September 2024. Her account rose from 42,870 to 67,870 shares; the notice discloses AUD 3.02 per share for an on-market ASX purchase.","sha256":"e8beecfa93b5bc3bf0392d10ecced1c619d7f9aabcfde95c8bc26cd9291093c2","source_id":"2924-02849674-6A1224240","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Sharon Warburton","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02849674-6A1224240"},"2924-02863984-6A1230077":{"category":"holder_notice","collected_at":"2026-10-31T19:21:52.444103Z","page_count":4,"published_at_utc":"2024-10-08T06:40:09.000Z","relative_path":"2024/2024-10-08_Change in substantial holding_7f3af5757bc65e8b.pdf","review_note":"All four pages of AustralianSuper Pty Ltd's South32 Form 604 were reviewed, including all 84 Annexure A trades. Section 4 identifies JPMorgan Nominees Australia Ltd as registered holder and person entitled to be registered. The 54 buys and 30 sells net to +48,400,829 shares, exactly matching the reported increase from 227,048,553 votes / 5.01% to 275,449,382 votes / 6.08%. The consideration entries are preserved, but no currency or aggregate cash amount is inferred.","sha256":"e16f2f378360c90d1575429ff763b53de6c6278893d02f0d0a16fe57024b8d24","source_id":"2924-02863984-6A1230077","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Change in substantial holding","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02863984-6A1230077"},"2924-02871146-6A1233142":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.443287Z","page_count":3,"published_at_utc":"2024-10-24T07:24:13.000Z","relative_path":"2024/2024-10-24_Retirement of Director - Keith Rumble (incl Appendix 3Z)_887452afe53365cf.pdf","review_note":"All three pages of the South32 retirement notice and attached Final Director's Interest Notice reviewed. Keith Rumble ceased as a director on 24 October 2024. The final notice reports 55,000 direct ordinary shares, 18,180 direct Depository Interests representing ordinary shares, and 88,200 indirect Depository Interests representing ordinary shares; the indirect interests are jointly held with his spouse or through two trusts, with no allocation by account disclosed.","sha256":"436e50821eeff9677d956ec76bc3ea66fd33570899a1c783f228cbbc485345be","source_id":"2924-02871146-6A1233142","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Retirement of Director - Keith Rumble (incl Appendix 3Z)","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02871146-6A1233142"},"2924-02891147-6A1242040":{"category":"security_event","collected_at":"2026-10-31T19:21:52.442495Z","page_count":6,"published_at_utc":"2024-12-05T06:25:26.000Z","relative_path":"2024/2024-12-05_Notification regarding unquoted securities - S32_ef5907ae02946937.pdf","review_note":"All six pages of South32's Appendix 3G reviewed. It records 1,476,251 rights issued to Graham Kerr on 3 December 2024, matching the deferred- and performance-right acquisitions in his Appendix 3Y. No duplicate event is added.","sha256":"99dd36921bff6f44308bda0a135c17d01a4261861a54ad89c9611adf6cf3eb88","source_id":"2924-02891147-6A1242040","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"relevant","reason":"Cross-checks Graham Kerr's 3 December 2024 rights grant and exact total in his Appendix 3Y; no duplicate KMP award event is added.","views":["directors"]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02891147-6A1242040"},"2924-02891158-6A1242046":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.442348Z","page_count":3,"published_at_utc":"2024-12-05T06:35:11.000Z","relative_path":"2024/2024-12-05_Appendix 3Y Change of Director's Interest Notice - G Kerr_51e903358c3cec96.pdf","review_note":"All three pages of the South32 director notice reviewed. On 3 December 2024, Kerr received 348,186 deferred rights and 1,128,065 performance rights at nil cost under the Equity Incentive Plan. The same 1,797,030-lapsed annotation appears beside the performance-right balances both before and after this grant; the reported net increase equals the grant and no separate in-period lapse is inferred.","sha256":"35c42fbc04eb18787bb52c41f135a939d75e0c58c6ee2a1c2004ae732991fd81","source_id":"2924-02891158-6A1242046","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y Change of Director's Interest Notice - G Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02891158-6A1242046"},"2924-02908948-6A1249777":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.441523Z","page_count":2,"published_at_utc":"2025-02-03T01:20:01.000Z","relative_path":"2025/2025-02-03_Appendix 3X - Stephen Pearce_0cdd4b340d80bb55.pdf","review_note":"Both pages of the South32 Initial Director's Interest Notice reviewed. Stephen Thomas Pearce's 1 February 2025 appointment notice reports nil registered securities and no non-registered holdings or contracts.","sha256":"54d98be5d9e55fd8d14cdea114da9dbbda59d6420d879b9fd70eaadd307f46ee","source_id":"2924-02908948-6A1249777","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3X - Stephen Pearce","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02908948-6A1249777"},"2924-02908949-6A1249778":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.441265Z","page_count":2,"published_at_utc":"2025-02-03T01:21:11.000Z","relative_path":"2025/2025-02-03_Appendix 3X - Mandla Msimang_60307538b3979607.pdf","review_note":"Both pages of the South32 Initial Director's Interest Notice reviewed. Mandlesilo Lambase Bavumile Msimang's 1 February 2025 appointment notice reports nil registered securities and no non-registered holdings or contracts.","sha256":"792df046649c8e61fda41423ade0eb74a73fda65fc7f8af4ff770566a4465a13","source_id":"2924-02908949-6A1249778","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3X - Mandla Msimang","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02908949-6A1249778"},"2924-02913737-6A1251687":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.440999Z","page_count":2,"published_at_utc":"2025-02-17T07:00:17.000Z","relative_path":"2025/2025-02-17_Appendix 3Y - Stephen Pearce_d663d849f24243d9.pdf","review_note":"Both pages of the South32 director notice reviewed. Pearce acquired 30,000 ordinary shares on market on ASX on 14 February 2025 for $108,000; the indirect interest is held through Cufflink Super Pty Ltd as trustee of the S & C Pearce Superannuation Fund.","sha256":"2ced0520ced7cf6bd0725685d540a2d9a98a57e640446f9e03bee40a54ee0096","source_id":"2924-02913737-6A1251687","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Stephen Pearce","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02913737-6A1251687"},"2924-02950308-6A1265986":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.439774Z","page_count":2,"published_at_utc":"2025-05-26T04:16:42.000Z","relative_path":"2025/2025-05-26_Appendix 3Y - Jane Nelson_6aeed03f38b8a3dc.pdf","review_note":"Both pages of the South32 director notice reviewed. Nelson acquired 40,000 ordinary fully paid shares on market on ASX on 22 May 2025 for $121,260.61; direct holdings moved from nil to 40,000.","sha256":"dd9f18f08571c479872b8b7cfa44a7bc7e5e014f99403c6ce67a2be4b618de16","source_id":"2924-02950308-6A1265986","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Jane Nelson","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02950308-6A1265986"},"2924-02988302-6A1281725":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.429509Z","page_count":3,"published_at_utc":"2025-09-02T05:52:48.000Z","relative_path":"2025/2025-09-02_Appendix 3Y Change of Director's Interest - Graham Kerr_a6f99bcf77f064c2.pdf","review_note":"All three pages of the South32 director notice reviewed. On 29 August 2025, 423,598 incentive rights vested into ordinary shares; 199,092 shares were sold on market on 1 September at a disclosed average $2.68 per share to cover tax liabilities; and 224,506 shares moved off market from Kerr's direct account to GK71 Pty Ltd on 2 September. Direct and GK71 account balances reconcile to the disclosed closing positions.","sha256":"ea72e802bd0ceec041662893ff1fd55de909b18aa918e1ffc3bb1789651be744","source_id":"2924-02988302-6A1281725","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y Change of Director's Interest - Graham Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02988302-6A1281725"},"2924-02988303-6A1281726":{"category":"security_event","collected_at":"2026-10-31T19:21:52.429199Z","page_count":6,"published_at_utc":"2025-09-02T05:52:58.000Z","relative_path":"2025/2025-09-02_Notification regarding unquoted securities - S32_4146f54d628339b7.pdf","review_note":"All six pages of South32's Appendix 3G reviewed. It records 423,598 ordinary shares issued to Graham Kerr on 29 August 2025 as part of 806,745 KMP shares allocated on vesting, matching his Appendix 3Y vesting quantity and date. No duplicate event is added.","sha256":"50645b0c441be06dc5d2b29ff3aa53dd7be4fdcbb699e64b2b7d5096f4351f81","source_id":"2924-02988303-6A1281726","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"relevant","reason":"Corroborates Graham Kerr's 29 August 2025 vesting event and disclosed quantity in his Appendix 3Y; other KMP allocations are outside this director record.","views":["directors"]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02988303-6A1281726"},"2924-02993480-6A1283879":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.428725Z","page_count":2,"published_at_utc":"2025-09-15T02:14:27.000Z","relative_path":"2025/2025-09-15_Appendix 3Y Change of Director's Interest Notice - S Pearce_983e92e69b874f63.pdf","review_note":"Both pages of the South32 director notice reviewed. Pearce acquired 100,000 ordinary shares on market on ASX on 12 September 2025 for $260,950; direct holdings moved from nil to 100,000, while the separate 30,000-share indirect superannuation interest remained.","sha256":"3d677f92ca075a19305817cbf2c7242ee57dd61e709ec9c51a280ba88b986544","source_id":"2924-02993480-6A1283879","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y Change of Director's Interest Notice - S Pearce","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02993480-6A1283879"},"2924-03012713-6A1292442":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.425814Z","page_count":5,"published_at_utc":"2025-10-23T08:35:47.000Z","relative_path":"2025/2025-10-23_Retirement of Directors_17ec7dd6c3844b0a.pdf","review_note":"All five pages of the South32 retirement notice and both attached Final Director's Interest Notices reviewed. Frank Cooper retired with 128,010 indirect ordinary shares through The Northmore Trust and nil direct shares; Dr Ntombifuthi Temperance Mtoba retired with 71,386 direct ordinary shares and nil indirect securities. These are closing positions, not transactions.","sha256":"e6be088d619b35862b32011429e541392245fefd51e841f1489435e08ea0197f","source_id":"2924-03012713-6A1292442","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Retirement of Directors","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03012713-6A1292442"},"2924-03031845-6A1300923":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.425193Z","page_count":4,"published_at_utc":"2025-12-02T00:07:11.000Z","relative_path":"2025/2025-12-02_South32 appoints new director_18720a49100463dc.pdf","review_note":"All four pages of the South32 appointment notice and attached Initial Director's Interest Notice reviewed. Geoff Healy joined the board on 2 December 2025; his notice reports nil registered securities and no non-registered holdings or contracts.","sha256":"9ee4f5e577fc4b51ad53fc3a7f8158c176a18f216227c9f4dd67872a545d2914","source_id":"2924-03031845-6A1300923","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"South32 appoints new director","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03031845-6A1300923"},"2924-03033750-6A1301734":{"category":"security_event","collected_at":"2026-10-31T19:21:52.424864Z","page_count":6,"published_at_utc":"2025-12-04T22:53:34.000Z","relative_path":"2025/2025-12-05_Notification regarding unquoted securities - S32_f86c29c49af1bf57.pdf","review_note":"All six pages of South32's Appendix 3G reviewed. It records 1,878,568 rights issued to Graham Kerr on 3 December 2025 (within a total 3,536,212 rights issued to named KMP), matching the deferred- and performance-right acquisitions in his Appendix 3Y. No duplicate event is added.","sha256":"71b77697e9e85ccda138b439bd3db7e8361b0cf0b204b7ec7ec0d94349e03f29","source_id":"2924-03033750-6A1301734","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"relevant","reason":"Cross-checks Graham Kerr's 3 December 2025 award quantities and date in the primary director-interest notice; the KMP-wide 3G total is not treated as a separate director event.","views":["directors"]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03033750-6A1301734"},"2924-03033756-6A1301735":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.424697Z","page_count":3,"published_at_utc":"2025-12-04T22:56:19.000Z","relative_path":"2025/2025-12-05_Appendix 3Y - G Kerr_ee9e332c9e665028.pdf","review_note":"All three pages of the South32 director notice reviewed. On 3 December 2025, 366,541 deferred rights and 1,512,027 performance rights were allocated at nil cost under the Equity Incentive Plan. The same parenthetical 1,076,963-rights-lapsed annotation appears beside the performance-right balances both before and after this grant; the reported net increase equals the grant, so no separate in-period lapse is inferred.","sha256":"d355ab7176a60f074141d3c877051d7b8fa07cc1e964483bc818d130e6b7f015","source_id":"2924-03033756-6A1301735","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - G Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03033756-6A1301735"},"2924-03056398-6A1311975":{"category":"security_event","collected_at":"2026-10-31T19:21:52.422600Z","page_count":6,"published_at_utc":"2026-02-13T06:08:05.000Z","relative_path":"2026/2026-02-13_Notification regarding unquoted securities - S32_7b1cf0a8c538bdbd.pdf","review_note":"All six pages of South32's Appendix 3G reviewed. It records issue of 3,197,143 rights to Matthew Daley on 13 February 2026 under the Equity Incentive Plan. This predates his 1 July 2026 board appointment and corroborates the initial-interest position; no director-period event is added.","sha256":"20a3482ab01550927cd2836ed4b8e0a261f0ef5e694f2e3f2c3093a4af19cd2e","source_id":"2924-03056398-6A1311975","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"relevant","reason":"Corroborates Matthew Daley's 3,197,143-right opening position in the 1 July 2026 initial director notice; the 3G issue predates his appointment, so it is retained as supporting context rather than a director transaction.","views":["directors"]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03056398-6A1311975"},"2924-03063472-6A1314426":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.422042Z","page_count":3,"published_at_utc":"2026-03-01T23:45:56.000Z","relative_path":"2026/2026-03-02_South32 Chair Succession_96b824182ac2ac8c.pdf","review_note":"All three pages of the South32 chair-succession notice and attached Final Director's Interest Notice reviewed. Stephen Pearce became chair and Karen Wood retired on 1 March 2026. Wood reported nil direct shares, 304,825 indirect ordinary shares through Sloan/Wood Investments Pty Ltd, and 63,000 through Sloan Wood Pty Ltd; these are closing positions, not transactions.","sha256":"ffa71f42235105f109eadbcfe0a4c89898032b328032a517094c40ce681b108d","source_id":"2924-03063472-6A1314426","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"South32 Chair Succession","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03063472-6A1314426"},"2924-03074706-6A1319003":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.420154Z","page_count":2,"published_at_utc":"2026-04-01T01:10:24.000Z","relative_path":"2026/2026-04-01_Appendix 3X - Sinead Kaufman_1c6da982cc8baaa2.pdf","review_note":"Both pages of the South32 Initial Director's Interest Notice reviewed. Sinead Kaufman's 1 April 2026 appointment notice reports nil registered securities and no non-registered holdings or contracts.","sha256":"309f43fbaec9a3bef04ea9366429bf5cde15518c79f01c904d1af6e1f4e6c3ea","source_id":"2924-03074706-6A1319003","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3X - Sinead Kaufman","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03074706-6A1319003"},"2924-03106516-6A1332002":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.413660Z","page_count":2,"published_at_utc":"2026-07-01T07:00:16.000Z","relative_path":"2026/2026-07-01_Appendix 3Z - Graham Kerr_66be000bb1edd804.pdf","review_note":"Both pages of the South32 Final Director's Interest Notice reviewed. On ceasing as a director on 30 June 2026, Kerr reported 414 ordinary shares and 5,337,026 incentive rights directly, plus 3,305,194 ordinary shares indirectly through GK71 Pty Ltd; these are closing positions, not transactions.","sha256":"b9572118ab72120753ee190a9920dc59474213f6aa74e84265b62a904cad9e0b","source_id":"2924-03106516-6A1332002","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Z - Graham Kerr","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03106516-6A1332002"},"2924-03106517-6A1332003":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.413406Z","page_count":2,"published_at_utc":"2026-07-01T07:00:36.000Z","relative_path":"2026/2026-07-01_Appendix 3X - Matthew Daley_3a004fd79b3c87a0.pdf","review_note":"Both pages of the South32 Initial Director's Interest Notice reviewed. On appointment 1 July 2026, Daley reported 3,197,143 performance rights directly and an indirect 285,714 ordinary shares held through Citicorp Nominees for the South32 Employee Share Plan; these are opening positions, not transactions.","sha256":"e6f5506191badc26cd67013e04824566e435da2cb6d86ae3f5b9c4a8b348c064","source_id":"2924-03106517-6A1332003","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3X - Matthew Daley","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03106517-6A1332003"},"2924-03119199-6A1337812":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.412606Z","page_count":2,"published_at_utc":"2026-08-07T08:15:33.000Z","relative_path":"2026/2026-08-07_Appendix 3Y - Wayne Osborn_e0791919a5b2e20a.pdf","review_note":"Both pages of the South32 director notice reviewed. A 1,720-share off-market transfer from Osborn's direct holding to an indirect account controlled by him occurred on 4-5 August 2026; the filing states beneficial ownership did not change. His separate 172,384-share super fund holding was unchanged.","sha256":"16088d0cc8b76578c5699ec4d58fedf76efb9f1a78721776aa10786796f045c2","source_id":"2924-03119199-6A1337812","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Wayne Osborn","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03119199-6A1337812"},"2924-03128544-6A1340999":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.402230Z","page_count":3,"published_at_utc":"2026-08-28T07:19:16.000Z","relative_path":"2026/2026-08-28_Appendix 3Y - Stephen Pearce_ba32ab21cdd96770.pdf","review_note":"All three pages of the South32 director notice reviewed. Pearce acquired 40,000 ordinary shares on market on ASX for $208,899.99; the Macquarie-held account on his behalf rose from 100,000 to 140,000 shares, while 30,000 shares in the separate superannuation account were unchanged.","sha256":"a4a7c9c5c4be4c608ad09142fc370183b20ce3bda24a8954b19f520a55a646ac","source_id":"2924-03128544-6A1340999","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Stephen Pearce","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03128544-6A1340999"},"2924-03128545-6A1341000":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.401976Z","page_count":3,"published_at_utc":"2026-08-28T07:19:41.000Z","relative_path":"2026/2026-08-28_Appendix 3Y - Matt Daley_d5dc910c2d975a7d.pdf","review_note":"All pages of issuer-matching original director notice reviewed.","sha256":"e4833fed6996b26276048cead3b0dfba72d349c21cf831fa0a24d580a03b39d9","source_id":"2924-03128545-6A1341000","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Matt Daley","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03128545-6A1341000"},"2924-03130926-6A1341909":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.401332Z","page_count":2,"published_at_utc":"2026-09-02T07:21:26.000Z","relative_path":"2026/2026-09-02_Appendix 3Y - Mandla Msimang_dff9ae3f62a2c80b.pdf","review_note":"All pages of issuer-matching original director notice reviewed.","sha256":"d881eb4b62c4105cbe8839cb5e1c107615fda25a782412a0d5b7bebe7cb77b78","source_id":"2924-03130926-6A1341909","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Mandla Msimang","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03130926-6A1341909"},"2924-03133040-6A1342736":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.401047Z","page_count":2,"published_at_utc":"2026-09-08T00:54:45.000Z","relative_path":"2026/2026-09-08_Appendix 3Y - Jane Nelson_37d4bba470e5a605.pdf","review_note":"All pages of issuer-matching original director notice reviewed.","sha256":"cfb88c4b5a5a661589095f14ae12a3cfec6e826b26b5f04673a19ce37d6b0b76","source_id":"2924-03133040-6A1342736","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Jane Nelson","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03133040-6A1342736"},"2924-03134574-6A1343403":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.394399Z","page_count":2,"published_at_utc":"2026-09-11T04:23:48.000Z","relative_path":"2026/2026-09-11_Appendix 3Y - Jane Nelson_d14d6c1a04e48d31.pdf","review_note":"All pages of issuer-matching original director notice reviewed.","sha256":"92674c27c1791f2e31ce1d286277cb09c010c29e581faa64ce7138e8f09e5fa1","source_id":"2924-03134574-6A1343403","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Jane Nelson","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03134574-6A1343403"},"2924-03143127-6A1347161":{"category":"security_event","collected_at":"2026-10-31T19:21:52.382316Z","page_count":4,"published_at_utc":"2026-10-01T01:06:39.000Z","relative_path":"2026/2026-10-01_Notification of cessation of securities - S32_8a9b92f5e81c89cb.pdf","review_note":"All four pages of South32's Appendix 3H were reviewed. It reports 3,173,740 S32 ordinary shares cancelled on 30 September 2026 under an on-market buy-back for total consideration AUD 16,022,090.63. No director or substantial-holder participation is identified, so no insider event or holding is recorded.","sha256":"b882c0ade7cf9d52d067b1ecc84c0362a71e1de4468812250781899e6a3e9679","source_id":"2924-03143127-6A1347161","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification of cessation of securities - S32","triage":{"classification":"background_only","reason":"Issuer-level buy-back cancellation only; no person-specific director or substantial-holder transaction or interest change is identified.","views":[]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03143127-6A1347161"},"2924-03143348-6A1347263":{"category":"security_event","collected_at":"2026-10-31T19:21:52.382090Z","page_count":6,"published_at_utc":"2026-10-01T07:06:35.000Z","relative_path":"2026/2026-10-01_Notification regarding unquoted securities - S32_60349118f85995cd.pdf","review_note":"All six pages of South32's Appendix 3G were reviewed. It reports 580 S32AA rights issued on 30 September 2026 under the Equity Incentive Plan; the form says none were issued to KMP or an associate and names no individual recipients. No insider event or holding is recorded.","sha256":"3694c7a28657d629636b6311d0695569af39b2522a4823d70dff7725b24b6839","source_id":"2924-03143348-6A1347263","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"background_only","reason":"The aggregate employee-plan issue expressly excludes KMP and names no director or substantial holder.","views":[]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03143348-6A1347263"},"2924-03143352-6A1347266":{"category":"security_event","collected_at":"2026-10-31T19:21:52.381803Z","page_count":5,"published_at_utc":"2026-10-01T07:09:10.000Z","relative_path":"2026/2026-10-01_Notification regarding unquoted securities - S32_67d59a67eb82eb75.pdf","review_note":"All five pages of South32's Appendix 3G were reviewed. It reports conversion of 6,129,245 S32AA rights to S32 ordinary shares, with conversion dates from 2 July through 23 September 2026 and transfer/issue on 30 September. The form says none were held by KMP or an associate and gives no individual allocations; no insider event or holding is recorded.","sha256":"abd49567514d6e3bc00a3b6421644b6ed4a2815a5143427b6debca27631eb438","source_id":"2924-03143352-6A1347266","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification regarding unquoted securities - S32","triage":{"classification":"background_only","reason":"The aggregate rights conversion expressly excludes KMP and names no director or substantial holder.","views":[]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03143352-6A1347266"},"2924-03143354-6A1347267":{"category":"security_event","collected_at":"2026-10-31T19:21:52.381382Z","page_count":4,"published_at_utc":"2026-10-01T07:09:30.000Z","relative_path":"2026/2026-10-01_Notification of cessation of securities - S32_7c69a7a64d6803fe.pdf","review_note":"All four pages of South32's Appendix 3H were reviewed. It reports 4,208,757 S32AA rights lapsed on 30 September 2026 because performance conditions were not met and/or employment ceased; no consideration was paid. The notice provides only an aggregate issuer-level count and identifies no person or allocation, so no insider event or holding is recorded.","sha256":"91da7afec67bd0cd80782d0288f256880bdf4eb6b3c12d96ae5c063da5af79f6","source_id":"2924-03143354-6A1347267","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification of cessation of securities - S32","triage":{"classification":"background_only","reason":"Aggregate employee-plan rights lapse with no person-specific director or substantial-holder interest identified.","views":[]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03143354-6A1347267"},"2924-03152547-6A1351062":{"category":"director_interest","collected_at":"2026-10-31T19:21:52.377454Z","page_count":3,"published_at_utc":"2026-10-23T06:36:37.000Z","relative_path":"2026/2026-10-23_Appendix 3Y - Stephen Pearce_d383e3fd5c0b3374.pdf","review_note":"All pages of issuer-matching original director notice reviewed.","sha256":"c4cfa8c100d7d1c22f0a4583953a3d8ae048bd8d8fd76715e979b4d38430ea7e","source_id":"2924-03152547-6A1351062","state":"reviewed","subject_name":"South32 Limited","subject_ticker":"S32","title":"Appendix 3Y - Stephen Pearce","url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03152547-6A1351062"},"2924-03157209-6A1353292":{"category":"security_event","collected_at":"2026-11-02T13:16:46.929529Z","page_count":4,"published_at_utc":"2026-11-02T06:58:32.000Z","relative_path":"2026/2026-11-02_Notification of cessation of securities - S32_2924-03157209-6A1353292.pdf","review_note":"All four pages of South32's Appendix 3H were reviewed. It reports 6,180,152 quoted ordinary shares cancelled on 31 October 2026 under an on-market buy-back, total consideration AUD 28,266,968.39, and post-cessation quoted capital of 4,477,131,846 shares plus 34,162,882 unquoted rights. It identifies no director or substantial-holder interest or allocation, so no insider event or holding is recorded.","sha256":"78e70d2d84165579138f859ee9564dfd34a11363732c690f9037aeeace37a2de","source_id":"2924-03157209-6A1353292","state":"supporting","subject_name":"South32 Limited","subject_ticker":"S32","title":"Notification of cessation of securities - S32","triage":{"classification":"background_only","reason":"Issuer-level buy-back cancellation only; no person-specific director or substantial-holder transaction or interest change is identified.","views":[]},"url":"https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03157209-6A1353292"}},"status":"partial","summary":{"AUD":{"purchase_count":7,"purchases":1129785.6,"sale_count":0,"sales":0.0},"ZAR":{"purchase_count":1,"purchases":694347.38,"sale_count":0,"sales":0.0}},"ticker":"S32","unresolved_count":1,"view":"directors","view_coverage":{"directors":{"basis":"declared","collection_issues":[],"coverage_start":"2023-01-01","explained_count":17,"material_issue_count":1,"minor_discrepancy_count":0,"newer_pending_count":0,"note":"All 27 director-interest notices marked review-needed in the 2 November 2026 index were reviewed and dispositioned, in addition to five previously reviewed sources and seven relevant Appendix 3G issue notices. No queued director-interest notice remains in this indexed window. The 2023 performance-right balance difference remains materially unexplained, so the view is partial.","notice_count":32,"pending_notice_count":0,"required_context_count":0,"reviewed_at":"2026-11-02T21:36:56+00:00","reviewed_notice_count":32,"reviewed_through":"2026-10-23","status":"partial","unclassified_note_count":0},"major_holders":{"basis":"declared","collection_issues":[],"coverage_start":"2023-01-01","explained_count":0,"material_issue_count":0,"minor_discrepancy_count":0,"newer_pending_count":8,"note":"Reviewed State Street's 2 November 2023 Form 605 for cessation on 31 October (40 rows), its 13 November 2023 Form 605 for cessation on 9 November (33 rows), and AustralianSuper's 8 October 2024 Form 604 for the 1 October change (84 buy/sell rows). AustralianSuper's row net exactly reconciles its disclosed previous and present voting positions; the State Street forms provide no exact closing positions. Other indexed holder notices and shareholder lists remain pending, so this view is partial.","notice_count":32,"pending_notice_count":30,"required_context_count":0,"reviewed_at":"2026-11-02T21:48:09+00:00","reviewed_notice_count":2,"reviewed_through":"2024-10-01","status":"partial","unclassified_note_count":0}}}