New Zealand Rural Land Company Ltd (“NZL”) – Trading Halt

Memorandum To: Market Participants From: NZX Product Operations Date: Wednesday, 1 March 2023 Subject: New Zealand Rural Land Company Limited ("NZL") - Trading Halt of Securities Message: Further to the announcement released by New Zealand Rural Land Company Limited ("NZL"), NZ RegCo advises that at the request of the issuer it has placed a trading halt on NZL ordinary shares. The trading halt was put in place pre-market open this morning. NZL ordinary shares will remain in halt until the earlier of: o An announcement by the issuer stating the outcome of the institutional shortfall bookbuild; or o Market open on the NZX on Friday, 3 March 2023 Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00407559 For:NZL Type:HALT Time:2023-03-01 08:40:16