Notice Pursuant to Rule 49A of the Takeovers Code

Bourns, Inc.
1200 Columbia Avenue, Riverside, California, 92507 USA



43946784
8 May 2026

Rakon Limited
8 Sylvia Park Road
Mt Wellington, Auckland
1060, New Zealand

NOTICE PURSUANT TO RULE 49A OF THE TAKEOVERS CODE

We refer to Bourns, Inc.’s (Bourns) takeover offer for all of the ordinary shares (Shares), and all of the
unlisted share rights to acquire Shares which are subject to the terms of the Rakon Limited’s Long Term
Incentive Plan (Share Rights), in Rakon Limited (RAK) dated 9 February 2026 (Offer).

This notice is given to satisfy the requirement of rule 49A of the Takeovers Code to notify the
Takeovers Panel, RAK and NZX on each occasion when the total level of acceptances received for each
class of equity securities subject to the Offer increases by 1% or more of the total issued
equity securities in each class in RAK.

At end of day on 7 May 2026, the level of acceptances received pursuant to the Offer in respect of the
Shares is 97.407%.

At end of day on 7 May 2026, the level of acceptances received pursuant to the Offer in respect of the
different classes of Share Rights (where Bourns has a relevant interest of more than 1%) is as follows:

(a) the FY2025 Share Rights: 88.557%;

(b) the FY2025 Share Rights as varied by the Conditional Retention Letter: 100%;

(c) the FY2026 Share Rights granted to non-executive participants: 91.304%;

(d) the FY2026 Share Rights granted to executive participants and varied by the Conditional Retention
Letter: 100%; and

(e) the FY2026 Share Rights granted to non-executive participants and varied by the Conditional
Retention Letter: 100%

Yours faithfully
Bourns, Inc.

cc The Takeovers Panel
Level 3, Solnet House
70 The Terrace
PO Box 1171
Wellington 6011
Sent by email: takeovers.panel@takeovers.govt.nz

cc NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington
Sent by email: announce@nzx.com