Revocation of existing approval and granting of new approval to hold a stake in a financial sector company of more than 20% No. 6 of 2026

Financial Sector (Shareholdings) Act 1998

To: The Existing Approval Holders named in Schedule 1 and the Applicants named in Schedule 2

Since:

1.             On 31 May 2019, the Existing Approval Holders were granted approval under subsection 14(1) of the Financial Sector (Shareholdings) Act 1998 (the Act) to hold a 100% stake in Assetinsure Pty Limited ABN 65 066 463 803 (Assetinsure) and each of the then financial sector companies (the Existing Approval);
2.             On 2 December 2025, the Existing Approval Holders requested that the Existing Approval be revoked;
3.             On 2 December 2025, the Applicants applied to the Treasurer under section 13 of the Act for approval to hold a 100% stake in Assetinsure and each of the financial sector companies listed in Schedule 3;

1.             I am satisfied it is in the national interest for the Applicants to hold a 100% stake in Assetinsure and each of the financial sector companies listed in Schedule 3,

I, John Huijsen, a delegate of the Treasurer:

1.           under subsection 18(3) of the Act, revoke the Existing Approval; and

1.           under subsection 14(1) of the Act, approve each of the Applicants to hold a 100% stake in Assetinsure and each of the financial sector companies listed in Schedule 3.

The instrument commences on the day it is made and remains in force indefinitely. Dated: 17 December 2025

John Huijsen General Manager

General Insurance and Banking Division Australian Prudential Regulation Authority

Interpretation

Act means the Financial Sector (Shareholdings) Act 1998.

financial sector company has the meaning given in section 3 of the Act.

stake in relation to a company, has the meaning given in clause 10 of Schedule 1 to the Act.

Notes

Note 1 Under section 14 of the Act, the Treasurer must give written notice of an approval to the applicant and financial sector company concerned and this instrument will be registered on the Federal Register of Legislation as a notifiable instrument.

Note 2 Section 19 of the Act provides for flow-on approvals. If an approval has been granted for the holding of a stake in a financial sector company and the financial sector company is a holding company for an authorised deposit-taking institution or an authorised insurance company, then an approval is taken to exist for the holding of a stake of equal value in each financial sector company that is a 100% subsidiary of the holding company.

Schedule 1 – the Existing Approval Holders

1.       Lombard Australia Holdings Pty Ltd (ACN 629 197 431)
2.       LomHold Proprietary Limited (South Africa)
3.       R&H Trust Co. (Zurich) AG (Switzerland) and Central-Treuhand-Institut (Liechtenstein) as trustees of the Jaap't Hooft Trust
4.       R&H Trust Co. (Zurich) AG (Switzerland) and Cura Treuinstitut (Liechtenstein) as trustees of the Taro III Trust
5.       Manzillo Holdings Limited (British Virgin Islands)
6.       Nordic Guarantee Försäkringsaktiebolag (Sweden)
7.       Yellowwoods Holdings S.à r.l. (Luxembourg)
8.       L. Perlman SECS (Luxembourg)
9.       IVM Interinsurer BV (Netherlands)

Schedule 2 – the Applicants

1.       Lombard Australia Holdings Pty Ltd (ACN 629 197 431)
2.       Cert. Insurance Group Limited (Guernsey)
3.       Cert. Holdings Limited (United Kingdom)
4.       R&H Trust Co. (Switzerland) AG and Central-Treuhand-Institut (Liechtenstein) as trustees of the Jaap't Hooft Trust

Schedule 3 – the Financial Sector Companies in addition to Assetinsure

1.       Cert. Holdings Limited (United Kingdom)
2.       Cert. Insurance Group Limited (Guernsey)
3.       Lombard Australia Holdings Pty Ltd (ACN 629 197 431)
4.       Assetinsure Holdings Pty Limited (ACN 103 489 265)