BRM - Issue of Securities - 20 December 2024

Section 1: Issuer information Name of issuer Barramundi Limited NZX ticker code BRM Class of financial product Ordinary shares ISIN (If unknown, check on NZX website) NZBRME0001S2 Currency NZD Section 2: Capital change details Number issued/acquired/redeemed 2,932,188 Nominal value (if any) Ordinary shares having the same rights and ranking equally with the existing ordinary shares. Issue/Acquisition/redemption price per security $0.6668 Nature of the payment (for example, cash or other consideration) Consideration satisfied pursuant to the Dividend Reinvestment Plan. Amount paid up (if not in full) Fully paid. Percentage of total class of Financial Products issued/acquired/redeemed/ (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence) 0.8806% For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date) n/a Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here) Issue of ordinary shares pursuant to the terms of the Dividend Reinvestment Plan. Total number of Financial Products of the Class after the issue/acquisition/redemption/Conversion (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue/acquisition/redemption. 335,902,481 (excluding treasury stock of 85,334) In the case of an acquisition of shares, whether those shares are to be held as treasury stock n/a Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made Director resolution and in accordance with Listing Rule 4.8.1 Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements) Ordinary shares having the same rights and ranking equally with existing ordinary shares. Date of issue/acquisition/redemption 20/12/24 Section 3: Authority for this announcement and contact person Name of person authorised to make this announcement Wayne Burns Contact person for this announcement Wayne Burns Contact phone number 09 489 7074 Contact email address wayne@fisherfunds.co.nz Date of release through MAP 20/12/24