SCHEDULE: Orbis Group Discloses 5.8% Stake in Corpay, Inc.

Orbis Investment Management Limited, Allan Gray Australia Pty Ltd, and Orbis Investment Management (U.S.), L.P. collectively reported a 5.8% beneficial ownership in Corpay, Inc. common stock.

Summary

• Orbis Investment Management Limited, Allan Gray Australia Pty Ltd, and Orbis Investment Management (U.S.), L.P. (collectively, the "Reporting Persons") have filed an Amendment No. 6 to Schedule 13G regarding their beneficial ownership in Corpay, Inc.
• As of September 30, 2025, the Reporting Persons collectively beneficially own 4,128,114 shares of Corpay, Inc. Common Stock.
• This aggregate beneficial ownership represents 5.8% of the class of Corpay, Inc. Common Stock.
• Orbis Investment Management Limited holds sole voting and dispositive power over 3,991,745 shares, representing 5.7% of the class.
• Allan Gray Australia Pty Ltd holds sole voting and dispositive power over 1,183 shares, representing 0% of the class.
• Orbis Investment Management (U.S.), L.P. holds sole voting and dispositive power over 135,186 shares, representing 0.2% of the class.
• The Reporting Persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership, which is neutral in sentiment regarding company performance or outlook.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• The Reporting Persons certify that, to the best of their knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
• Orbis Investment Management Limited and Allan Gray Australia Pty Ltd certify that their foreign regulatory schemes are substantially comparable to the regulatory scheme applicable to functionally equivalent U.S. institutions.

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership in Corpay, Inc., indicating continued interest from these investment firms.

Key Dates

Keywords

Corpay Inc., Common Stock, Beneficial Ownership, Schedule 13G, Orbis Investment Management, Allan Gray Australia, Institutional Investor, Investment Management