BRM – Issue of Securities – 19 December 2019

19 December 2019 Section 1: Issuer information Name of issuer: Barramundi Limited NZX ticker code: BRM Class of financial product and ISIN:Ordinary shares - NZBRME0001S2 Currency NZD Section 2: Capital change details Number of ordinary shares issued: 1,595,900 Issue Price: $0.6660 Nature of payment:Consideration satisfied pursuant to the Dividend Reinvestment Plan. 944,889 shares are issued from treasury stock and 651,011 by way of new shares issued. Amount paid up: Fully paid Percentage of the total class of securities issued after the issue: 0.7776% Principal terms: Ordinary shares having the same rights and ranking equally with the existing ordinary shares. Reason for the issue: Issue of ordinary shares pursuant to the terms of the Dividend Reinvestment Plan. Total number of securities of the class in existence after the issue: 205,227,572 ordinary shares (excluding treasury stock of nil) Treasury stock: Not applicable Specific authority for the issue:Directors resolution and in accordance with Listing Rule 4.8.1 Terms or details of the issue: Ordinary shares having the same rights and ranking equally with the existing ordinary shares. Date of issue: 19 December 2019 Section 3: Authority for this announcement and contact person Name of person authorized to make this announcement: Wayne Burns Contact person for this announcement: Wayne Burns Contact phone number: 09 4840352 Contact email address: enquire@barramundi.co.nz Date of release through MAP: 19 December 2019 End CA:00346300 For:BRM Type:SECISSUE Time:2019-12-19 09:23:13