Capital Change Notice

30 September 2025 Rakon Limited (NZX:RAK) provides the attached capital change notice pursuant to NZX Listing Rule 3.13.1. This notice relates to the grant of share rights in respect of ordinary shares to key employees. The share rights are granted pursuant to the Rakon Long Term Incentive Plan. ENDS Contact Maureen Shaddick General Counsel & Company Secretary Rakon Limited 095791238