DIVIDEND REINVESTMENT PLAN PRICE DETERMINED

16 March 2023 DIVIDEND REINVESTMENT PLAN PRICE DETERMINED Barramundi Limited (Barramundi) advises that the share price used to calculate entitlements under the Dividend Reinvestment Plan (the DRP) has been set at $0.6850. This is the volume weighted average price of all Barramundi shares traded on the NZX Main Board during the five trading days from and including the ex-dividend date (being 8 March 2023), less a 3.0% discount. The new shares will be issued on the dividend payment date (being 24 March 2023) to those shareholders who have elected to participate in the DRP. Ends Contact Corporate Manager Barramundi Limited Tel +64 9 489 7074 End CA:00408426 For:BRM Type:CORPACT Time:2023-03-16 08:31:05