Barramundi : BRM - Issue of Securities - 25 September 2020

Capital Change Notice

BRM - Notice of issue of securities

Section 1: Issuer information

Name of issuer	Barramundi Limited
NZX ticker code	BRM
Class of financial product	Ordinary shares
ISIN (If unknown, check on NZX website)	NZBRME0001S2
Currency	NZD
Section 2: Capital change details
Number issued/acquired/redeemed	1,407,152
Nominal value (if any)	Ordinary shares having the same rights and
	ranking equally with the existing ordinary
	shares.
Issue/Acquisition/redemptionprice per security	$0.7267
Nature of the payment (for example, cash or other consideration)	Consideration satisfied pursuant to the
	Dividend Reinvestment Plan.
Amount paid up (if not in full)	Fully paid.
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of Financial	0.6697%
Products of the Class, excluding any Treasury Stock, in existence)1
For an issue of Convertible Financial Products or Options, the principal	n/a
terms of Conversion (for example the Conversion price and Conversion
date and the ranking of the Financial Product in relation to other
Classes of Financial Product) or the Option (for example, the exercise
price and exercise date)
Reason for issue/acquisition/redemptionand specific authority for	Issue of ordinary shares pursuant to the terms
issue/acquisition/redemption/ (the reason for change must be identified	of the Dividend Reinvestment Plan.
here)
Total number of Financial Products of the Class after the	210,126,892 (excluding treasury stock of nil)
issue/acquisition/redemption/Conversion(excluding Treasury Stock)
and the total number of Financial Products of the Class held as
Treasury Stock after the issue/acquisition/redemption.
In the case of an acquisition of shares, whether those shares are to be	n/a
held as treasury stock
Specific authority for the issue, acquisition, or redemption, including a	Director resolution and in accordance with
reference to the rule pursuant to which the issue, acquisition, or	Listing Rule 4.8.1
redemptionis made
Terms or details of the issue, acquisition, or redemption(for example:	Ordinary shares having the same rights and
restrictions, escrow arrangements)	ranking equally with existing ordinary shares.
Date of issue/acquisition/redemption2	25/092020
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Wayne Burns
Contact person for this announcement	Wayne Burns
Contact phone number	09 484 0352
Contact email address	[e-mail]
Date of release through MAP	25/09/2020

1. The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.
2. Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant

issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).