Capital Change Notice – Share Buyback

Please see attached a capital change notice in relation to the buyback of ordinary shares in New Zealand Rural Land Company Limited (NZX.NZL) under the on-market share buyback programme announced to the market on 26 May 2023. NZL has acquired a total of 201,791 shares and may acquire up to a further 5,143,673 shares under this on-market share buyback programme. End CA:00415673 For:NZL Type:SECISSUE Time:2023-08-02 12:29:20