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Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 28 June 2022 Subject: New Zealand Rural Land Company Limited ("NZL") - Trading Halt of Securities Message: NZ RegCo advises that, at the request of the issuer, it has placed a trading halt on New Zealand Rural Land Company Limited ("NZL") ordinary shares. The trading halt was placed at pre-market open today, Tuesday, 28 June 2022. The trading halt has been put in place while NZL undertakes the retail bookbuild element of its accelerated offer. The trading halt will remain in place until the earlier of release of an announcement about completion of the retail bookbuild element of the accelerated offer, or market open on Wednesday, 29 June 2022. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00394372 For:NZL Type:HALT Time:2022-06-28 08:36:10