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 100,000 shares and may acquire up to a further 5,043,673 shares under this on-market share buyback programme. End CA:00415700 For:NZL Type:SECISSUE Time:2023-08-03 09:32:01