BRM SHARE ISSUE (WARRANT CONVERSION BRMWH)

31 October 2024 BARRAMUNDI SHARE ISSUE (WARRANT CONVERSION BRMWH) On 25 October 2024, Barramundi warrant holders had the option to convert their warrants into ordinary Barramundi shares at an exercise price of $0.63 per warrant. On the exercise date 50,119,078 warrants out of a possible 69,484,210 warrants (72.13%) were converted into Barramundi ordinary shares. The new shares were allotted to warrant holders on 31 October 2024. All new shares have the same rights as current Barramundi shares, including participating in the company’s quarterly dividend policy. The remaining 19,365,132 warrants which were not exercised have now lapsed, and all rights in regard to them have now expired. The additional funds will be invested in Barramundi’s current investment portfolio of stocks. /Ends Wayne Burns Corporate Manager Barramundi Limited Tel +64 9 489 7074