Capital Return to Shareholders - Sealed Initial Court Order

18 December 2024 Capital Return to Shareholders – Sealed Initial Court Orders Further to Tower’s announcement on 16 December 2024 that initial Court orders for the capital return have been received, Tower advises that a sealed copy of the initial orders granted by the Court has been lodged with the Companies Office and is also enclosed with this announcement. ENDS This announcement has been authorised by Michael Stiassny, Chair. For media enquiries, please contact in the first instance: Emily Davies, Head of Corporate Affairs and Sustainability +64 21 815 149 emily.davies@tower.co.nz For investor enquiries, please contact: James Silcock Head of Strategy, Planning and Investor Relations +64 22 395 9327 james.silcock@tower.co.nz