Rakon Limited (“RAK”) – Trading Halt of Securities

Memorandum To: Market Participants From: NZX Product Operations Date: Thursday, 27 February 2020 Subject: Rakon Limited ("RAK") - Trading Halt of Securities Message: NZX Regulation ("NZXR") advises that it has placed a trading halt on Rakon Limited ("RAK") ordinary shares. The trading halt was placed at 3.27pm this afternoon. The trading halt has been put in place pending the release of an announcement by the company. The halt will remain in place until the earlier of: o An announcement made by the issuer; or o Market open on Monday, 2 March 2020. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00349093 For:RAK Type:HALT Time:2020-02-27 15:58:56