D&O Disclosure Notices

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
Director or senior manager giving disclosure
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Details of transactions requiring disclosure-
Summary of other relevant interests after acquisition or disposal:
For that relevant interest,-
For that relevant interest,-
For that relevant interest,-
Certification
or
23-Mar-22
Christopher Swasbrook - Director
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Signature of director or officer:
Date of signature:
Number held in class:
Current registered holder(s):
Class of quoted financial products:
Nature of relevant interest:
Number held in class:
Current registered holder(s):
Class of quoted financial products:
Nature of relevant interest:
777,937
FNZ Custodians Limited
Number held in class:
Current registered holder(s):
Ordinary shares
Beneficial Owner & Power to Control
Class of quoted financial products:
Nature of relevant interest:
No
N/A
N/A
22/03/22
Participation in Pro-Rata Rights Issue @ 1.00 per share + On Market Purchase @ 0.95c per
share
Unknown
NZ$ 292,921.75
299,953 shares

Date of transaction:
Nature of transaction:
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal.
If the consideration was not in cash and cannot be readily by converted into a cash value, describe
the consideration:
Number of financial products to which the transaction related:
If the issuer has a financial products trading policy that prohibits directors or senior managers from
trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during
the closed period:
Date of the prior written clearance (if any):
2
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
477,894
777,937
FNZ Custodians Limited
N/A
Ordinary Shares
Legal and Beneficial Ownership
Class of affected quoted financial products:
Nature of the affected relevant interest(s):
For that relevant interest-
Number held in class before acquisition or disposal:
Number held in class after acquisition or disposal:
Current registered holder(s):
Registered holder(s) once transfers are registered:
Robert James Campbell
New Zealand Rural Land Company Limited
N/A
Independent Chair
Full name(s):
Name of listed issuer:
Name of related body corporate (if applicable):
Position held in listed issuer:
New Zealand Rural Land Company Limited (NZL)
23/03/23
4/07/22
To NZX Limited; and
Name of listed issuer:
Date this disclosure made:
Date of last disclosure:

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
New Zealand Rural Land Company Limited (NZL)
Date this disclosure made:
23/03/23
Date of last disclosure:
2/09/22
Director or senior manager giving disclosure
Full name(s):
Christopher Grant Swasbrook
Name of listed issuer:
New Zealand Rural Land Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial Ownership
For that relevant interest-
Number held in class before acquisition or disposal:
752,458
Number held in class after acquisition or disposal:
1,003,277
Current registered holder(s):
Elevation Capital Management Limited
Registered holder(s) once transfers are registered:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:22/03/23
Nature of transaction: Participation in Rights Issue
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal.
If the consideration was not in cash and cannot be readily by converted into a cash value, describe
the consideration:250,819.00
Number of financial products to which the transaction related: 250,819 shares
If the issuer has a financial products trading policy that prohibits directors or senior managers from
trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during
the closed period:
N/A
Date of the prior written clearance (if any):N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Ordinary shares
Nature of relevant interest:Beneficially owned
For that relevant interest,-
Number held in class:701,087
Current registered holder(s):Elevation Capital Management Limited
Class of quoted financial products:Ordinary shares
Nature of relevant interest:Legally and beneficially owned but subject to trading restrictions under a restricted security deed
For that relevant interest,-
Number held in class:302,190
Current registered holder(s):Elevation Capital Management Limited
Class of quoted financial products:Ordinary shares
Nature of relevant interest:Power to control acquisition, disposal or voting on behalf of beneficial owner
For that relevant interest,-
Number held in class:2,601,500
Current registered holder(s):Public Trust Class 10 Nominees Limited
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Signature of director or officer:Christopher Swasbrook
Date of signature:23-Mar-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
Director or senior manager giving disclosure
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Details of transactions requiring disclosure-
Summary of other relevant interests after acquisition or disposal:
For that relevant interest,-
For that relevant interest,-
For that relevant interest,-
Certification
or
23-Mar-23
Christopher Swasbrook - Director
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Signature of director or officer:
Date of signature:
Number held in class:
Current registered holder(s):
Class of quoted financial products:
Nature of relevant interest:
137,359
REM Trustee Limited & RP Milsom Investments Limited
Number held in class:
Current registered holder(s):
Ordinary shares
Legally and beneficially owned but subject to trading restrictions under a restricted security deed
Class of quoted financial products:
Nature of relevant interest:
225,212
REM Trustee Limited & RP Milsom InvestmentsLimited
Number held in class:
Current registered holder(s):
Ordinary shares
Beneficially owned
Class of quoted financial products:
Nature of relevant interest:
No
N/A
N/A
22/03/23
Participation in rights isse
N/A
$5,000.00
5,000 shares

Date of transaction:
Nature of transaction:
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal.
If the consideration was not in cash and cannot be readily by converted into a cash value, describe
the consideration:
Number of financial products to which the transaction related:
If the issuer has a financial products trading policy that prohibits directors or senior managers from
trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during
the closed period:
Date of the prior written clearance (if any):
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
357,571
362,571
REM Trustee Limited & RP Milsom Investments Limited
N/A
Ordinary Shares
Legal and Beneficial Ownership
Class of affected quoted financial products:
Nature of the affected relevant interest(s):
For that relevant interest-
Number held in class before acquisition or disposal:
Number held in class after acquisition or disposal:
Current registered holder(s):
Registered holder(s) once transfers are registered:
Richard Milsom
New Zealand Rural Land Company Limited
N/A
Senior Officer of Manager (NZRLM)
Full name(s):
Name of listed issuer:
Name of related body corporate (if applicable):
Position held in listed issuer:
New Zealand Rural Land Company Limited (NZL)
23/03/23
2/09/22
To NZX Limited; and
Name of listed issuer:
Date this disclosure made:
Date of last disclosure:
1

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
New Zealand Rural Land Company Limited (NZL)
Date this disclosure made:
23/03/22
Date of last disclosure:
2/09/22
Director or senior manager giving disclosure
Full name(s):
Hayden Dillon
Name of listed issuer:
New Zealand Rural Land Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Executive of Manager
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial Ownership
For that relevant interest-
Number held in class before acquisition or disposal:
272,023
Number held in class after acquisition or disposal:
363,696
Current registered holder(s):
Hopeton Trustee Company Limited
Registered holder(s) once transfers are registered:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:22/03/23
Nature of transaction: Participation in Rights Issue
Name of any other party or parties to the transaction (if known):Unknown
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal.
If the consideration was not in cash and cannot be readily by converted into a cash value, describe
the consideration:$90,674.00
Number of financial products to which the transaction related: 90,674 shares
If the issuer has a financial products trading policy that prohibits directors or senior managers from
trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during
the closed period:
N/A
Date of the prior written clearance (if any):N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Ordinary shares
Nature of relevant interest:Beneficially owned
For that relevant interest,-
Number held in class:252,809
Current registered holder(s):Hopeton Trustee Company Limited
Class of quoted financial products:Ordinary shares
Nature of relevant interest:Legally and beneficially owned but subject to trading restrictions under a restricted security deed
For that relevant interest,-
Number held in class:109,887
Current registered holder(s):Hopeton Trustee Company Limited
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Mar-23
Name and title of authorised person:Christopher Swasbrook - Director

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
New Zealand Rural Land Company Limited (NZL)
Date this disclosure made:
23/03/23
Date of last disclosure:
20/06/22
Director or senior manager giving disclosure
Full name(s):
Sarah Jane Kennedy
Name of listed issuer:
New Zealand Rural Land Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial Ownership
For that relevant interest-
Number held in class before acquisition or disposal:
40,678
Number held in class after acquisition or disposal:
45,000
Current registered holder(s):
Geoffrey John Peacock & Sarah Jane Kennedy
Registered holder(s) once transfers are registered:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:22/03/23
Nature of transaction: Particiaption in Rights Issue
Name of any other party or parties to the transaction (if known):Unknown
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal.
If the consideration was not in cash and cannot be readily by converted into a cash value, describe
the consideration:$4,322.00
Number of financial products to which the transaction related: 4,322 shares
If the issuer has a financial products trading policy that prohibits directors or senior managers from
trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during
the closed period:
N/A
Date of the prior written clearance (if any):N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Ordinary shares
Nature of relevant interest:Beneficially owned
For that relevant interest,-
Number held in class:45,000
Current registered holder(s):Geoffrey John Peacock & Sarah Jane Kennedy
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Mar-23
Name and title of authorised person:Christopher Swasbrook - Director

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
New Zealand Rural Land Company Limited (NZL)
Date this disclosure made:
23/03/23
Date of last disclosure:
20/06/22
Director or senior manager giving disclosure
Full name(s):
Tia Greenaway
Name of listed issuer:
New Zealand Rural Land Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial Ownership
For that relevant interest-
Number held in class before acquisition or disposal:
6,102
Number held in class after acquisition or disposal:
8,136
Current registered holder(s):
Tia Greenaway
Registered holder(s) once transfers are registered:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:22/03/23
Nature of transaction: Participation in Rights Issue
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal.
If the consideration was not in cash and cannot be readily by converted into a cash value, describe
the consideration:$2,034.00
Number of financial products to which the transaction related: 2,034 shares
If the issuer has a financial products trading policy that prohibits directors or senior managers from
trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during
the closed period:
N/A
Date of the prior written clearance (if any):N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Ordinary shares
Nature of relevant interest:Beneficially owned
For that relevant interest,-
Number held in class:8,134
Current registered holder(s):Tia Greenaway
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Mar-23
Name and title of authorised person:Christopher Swasbrook - Director

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
New Zealand Rural Land Company Limited (NZL)
Date this disclosure made:
23/03/22
Date of last disclosure:
2/09/22
Director or senior manager giving disclosure
Full name(s):
Xavier Lynch
Name of listed issuer:
New Zealand Rural Land Company Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Executive of Manager
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial Ownership
For that relevant interest-
Number held in class before acquisition or disposal:
1,000
Number held in class after acquisition or disposal:
1,333
Current registered holder(s):
Xavier Lynch
Registered holder(s) once transfers are registered:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:22/03/23
Nature of transaction: Participation in Rights Issue
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal.
If the consideration was not in cash and cannot be readily by converted into a cash value, describe
the consideration:333.00
Number of financial products to which the transaction related: 333 shares
If the issuer has a financial products trading policy that prohibits directors or senior managers from
trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during
the closed period:
N/A
Date of the prior written clearance (if any):N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Ordinary Shares
Nature of relevant interest:Beneficially owned
For that relevant interest,-
Number held in class:1,333
Current registered holder(s):Xavier Lynch
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is
correct and that I am duly authorised to make this disclosure by all persons for whom it is made.
Signature of director or officer:Christopher Swasbrook
Date of signature:23-Mar-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person: