Shareholder Announcement

Western Murray Irrigation Ltd (WMI) would like to update shareholders on the outcomes of the 31st AGM and the Board appointments confirmed at the subsequent meeting.

At the AGM held on 25 November 2025:

· Michael Goodrem was re-appointed as the Curlwaa Director;

· Michael Mobilio was re-appointed as the Coomealla Director; and

· All resolutions put to shareholders were passed.

The adoption of the new Constitution represents an important milestone for WMI. It enables the introduction of a new class of Mourquong shareholder and marks significant progress in the merger and acquisition of Mourquong Cooperative Rural Society Ltd’s business and assets – a positive and strategic step forward.

At its first meeting following the AGM on 26 November 2025, the Board confirmed:

· David Whitbread as Chair; and

· Allison McTaggart as Deputy Chair.

The Board and management extend their sincere thanks to all shareholders who attended or submitted proxies. Your strong turnout and support were instrumental in achieving these outcomes, and we appreciate your ongoing commitment to WMI’s future.

Judith Damiani

CEO

27 November 2025