• Placement upsized due to increased demand, supported by existing and new sophisticated investors
• Funds to be used to execute on Duxton Farms' strategic objectives
• Eligible shareholders to be offered share purchase plan following Merger completion

Duxton Farms Ltd (Duxton Farms or Company) has announced that its conditional placement announced on 26 June 2025 has been upsized to $4,548,000 (Placement). Approximately 3,638,400 new fully paid ordinary shares in Duxton Farms (New Shares) at the price of $1.25 per share are expected to be issued under the Placement to new and existing sophisticated investors. The Placement will complete on and subject to implementation of the acquisition of the four Australian agriculture companies (Merger) as described in the investor presentation released to ASX on 26 June 2025. Funds raised under the Placement (along with cash at hand and existing facilities) will be used to execute on Duxton Farms' strategic objectives as described in the Investor Presentation. As announced in the Investor Presentation, Duxton Farms proposed to offer eligible shareholders the opportunity to participate in a share purchase plan following completion of the Merger.