Update on Restructuring: Approval of Scheme of Arrangement

Singapore, 14 July 2025, Barramundi Group Ltd. ("the Company") (EURONEXT:BARRA)- Reference is made to the stock exchange notice dated 02 July 2025 inrelationto the Date of Hearing of Scheme Approval Application ("PreviousAnnouncement").

Unless otherwise defined, the capitalised terms used in this announcementshallbear the same meanings ascribed to them in the Previous Announcements.

By way of update, the Scheme Approval Application was heard before the theHonourable Justice Aidan Xu @ Aedit Abdullah on 14 July 2025 at 2.30PM(Singapore Time). The Company is pleased to announce that the Court hasgrantedthe orders sought by the Company in the Scheme Approval Application, therebyapproving the scheme of arrangement proposed between the Company and theSchemeCreditors.

For further inquiries, please contact:

James KwanChief Executive Officer

Vanessa TanChief Financial Officer

Email: investors@barramundi.com

Further updates will be provided as the restructuring process progresses.

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