Rakon New Year’s Message from CEO

19 January 2023 Rakon (RAK) New Year's Message from CEO Rakon has released a New Year's message to shareholders from Chief Executive Officer Sinan Altug. The attached letter provides an update on Rakon's focus for 2023, Rakon's growth strategy, the near-completion of Rakon's new facility in India and the appointment of Rakon's new Investor and Corporate Communications Manager. -ends- Contact: Investors & Media Sinan Altug Chief Executive Officer +64 21 371 567 Nick Laurent Investor and Corporate Communications Manager +64 21 240 7541 www.rakon.com About Rakon Rakon is a global high technology company and a world leader in its field. The company designs and manufactures advanced frequency control and timing solutions. Its three core markets are Telecommunications, Positioning and Space and Defence. Rakon products are found at the forefront of communications where speed and reliability are paramount. The company's products create extremely accurate electric signals which are used to generate radio waves and synchronise time in the most demanding communication applications. Rakon has three manufacturing plants and has six research and development centres. Customer support personnel are located in sixteen offices worldwide. Rakon is proud of its New Zealand heritage; it was founded in Auckland in 1967. It is a public company listed on the New Zealand stock exchange, NZX, ticker code RAK. End CA:00405564 For:RAK Type:GENERAL Time:2023-01-19 15:49:06