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Comvita Limited (NZX: CVT) advises that it continues to progress its proposed capital raise and has agreed with its banking syndicate to extend the maturity of its existing banking facilities to 31 May 2026. All other terms of the facilities remain unchanged. Comvita continues to work collaboratively with its lenders, with the extension providing additional time for Comvita to confirm the final structure of its capital raise and complete the raise itself. Comvita expects to communicate further details in the coming weeks. For further information: Karl Gradon | Comvita karl.gradon@comvita.com Media contact Kate Walsh 021 858 619 kate@katewalsh.co.nz Background information Comvita (NZX:CVT) was founded in 1974/5, with a purpose to heal and protect the world through the natural power of the hive. With a team of 400+ people globally, united with more than 1.6 billion bees, we are the global market leader in Mānuka honey and bee consumer goods. Seeking to understand, but never to alter, we test and verify all our bee-product ingredients are of the highest quality in our own government-recognised and accredited laboratory. We are growing scientific knowledge on Mānuka trees, the many benefits of Mānuka honey and propolis and bee welfare. We have planted millions of native trees, improving our natural ecosystems and biodiversity, and mitigating climate change in conjunction with our focus on carbon emissions reduction, while helping ensure the supply of high quality Mānuka honey. In 2023 Comvita was certified B Corp, a global community of like-minded companies that strive to balance profit with purpose, seeking to use business as a force for good. Comvita has operations in Australia, China, North America, Southeast Asia, and Europe – and of course, Aotearoa New Zealand, where our bees are thriving.