EXERCISE OF BARRAMUNDI WARRANTS (BRMWH) – 25 Oct 2024

13 September 2024 Dear Warrant Holder, EXERCISE OF BARRAMUNDI LIMITED WARRANTS (BRMWH) – 25 October 2024. The final exercise price of the Barramundi warrants is $0.63. Any warrant holders needing help in deciding what to do, should speak with their financial adviser or broker. As the BRMWH warrant exercise date of 25 October 2024 is approaching, you have the following choices with your warrants: • You can elect to exercise some or all of your warrants on 25 October 2024 at the final Exercise Price of $0.63. • You can seek to sell or transfer your warrants on the NZX Main Board until 5.00pm 23 October 2024. • You can elect to not exercise any warrants and allow the warrants to lapse. Any warrants not exercised by 5.00pm on 25 October 2024 will lapse and all rights relating to the warrants will expire. What should I do if I wish to exercise my warrants? If you wish to exercise some or all of your warrants, you should: • visit www.warrants.co.nz/barramundi and complete the online Exercise Form; • pay the Exercise Price required to be paid in accordance with the payment instructions set out below. Payment • Payment must be made in full by paying the Exercise Price of $0.63 per warrant that you wish to exercise. • Payment is to be made in New Zealand dollars by direct credit. • If there is a discrepancy between the amount of application monies and the number of warrants being exercised as indicated on your online Exercise Form, Barramundi will treat the application as being for the number of warrants being exercised as the application monies will pay for. Direct credit Payment is to be made by direct credit to the Barramundi Limited Warrant Account. Please include your CSN number as the deposit reference. Payment should be made to the following account: Bank: ASB BANK LIMITED BRANCH: CORPORATE BANKING Account Number: 12-3244-0004618-01 Allotment of shares on exercise of warrants – Date Change Please note, for those exercising their warrants, the date for the allotment of Barramundi shares on the exercise of BRMWH warrants, will be changed from 30 October 2024 to 31 October 2024, to allow for the Labour Day public holiday on Monday, 28 October 2024. NZX Adviser Firm Handling Fee Barramundi will pay a NZX adviser handling fee to NZX adviser firms (NZX AF) in respect of the exercise of Barramundi warrants by their clients. If you are a client of an NZX AF, your advisor should contact you about the exercise of warrants if they recommend proceeding with the action. Your NZX adviser may instruct you to complete the “NZX adviser details” in the online Exercise Form. By doing this you acknowledge that the NZX AF has provided advice and that they may be paid a handling fee. Exercise Forms completed with a NZX AF name will be valid for payment of the handling fee. The NZX adviser handling fee, payable by Barramundi Limited, is calculated at 0.4% of the total consideration payable for warrants exercised by a client. Computershare will process the completed warrant exercise forms received from holders, as well as record and pay any related fees on behalf of the company. You may not have a NZX AF or may elect not to use the services of your adviser firm; in which case you should ignore that section of the online Exercise Form. If you require any assistance with completing an application online at www.warrants.co.nz/barramundi, please contact our registrar Computershare either by email at barramundi@computershare.co.nz or phone 0800 650 034. Yours sincerely Andy Coupe Chair - Barramundi Limited