Rakon (RAK) Date of FY2020 Results Announcement

Rakon Limited
T +64 9 573 5554, F +64 9 573 5559
8 Sylvia Park Road, Mt Wellington, Auckland 1060, New Zealand
Private Bag 99943, Newmarket, Auckland 1149, New Zealand
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20 May 2020

Rakon (RAK) Date of FY2020 Results Announcement

Rakon Limited (‘Rakon’) will announce its results for the year ended 31 March 2020 on 25 June 2020.
Following the results announcement a briefing for investors and analysts from the Chief Executive
and Chief Financial Officer will be held via teleconference from 11.00 am on 25 June 2020.

Details for dialling in to the teleconference will be advised nearer the time of the results
announcement.

COVID-19 Class Waiver

On 19 March 2020, in response to the COVID-19 situation, NZX Regulation granted a class waiver
under which the timing requirements for the release of results announcements and annual reports
were extended for issuers with certain balance dates, if those issuers consider they require that
additional time to meet these periodic reporting requirements.

Under the class waiver, issuers have up to an additional 30 days to prepare and release results
announcements and up to an additional two months to prepare and release annual reports.

Rakon has considered the impact of COVID-19 and has determined that additional time is required
to meet its periodic reporting requirements. Rakon will therefore be relying on the class waiver
outlined above in relation to its full year results announcement and the release of its annual report
for the year ended 31 March 2020.

Rakon currently expects to release its annual report and annual review via MAP on 2 July 2020.

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Contact:
Anand Rambhai
Chief Financial Officer
+64 9 571 9225
www.rakon.com

About Rakon
Rakon i s a gl obal hi gh technol ogy company and a worl d l eader i n i ts fi el d. The company des i gns and
manufactures advanced frequency control and ti mi ng s ol uti ons . Its three core markets are Tel ecommuni cati ons,
Gl obal Pos i tioni ng and Space and Defence. Rakon products are found at the forefront of communi cati ons where
speed and reliability are paramount. The company’s products create extremely accurate electric signals which
are us ed to generate radi o waves and s ynchroni s e ti me i n the mos t demandi ng communi cati on appl i cations.
Rakon has three manufacturi ng pl ants , and has s i x res earch and devel opment centres . Cus tomer s upport
pers onnel are l ocated i n fi fteen offi ces worl dwi de. Rakon i s proud of i ts New Zeal and heri tage; i t was founded
i n Auckl and i n 1967. It i s a publ i c company l i s ted on the New Zeal and s tock exchange, NZX, ti cker code RAK.