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2024 Winter Operations - Guaranteed dates This second Operational Update on Winter Operations provides the Guaranteed Dates as required by the Season Operating Plan . We thank all the customers who have placed more than 730 orders in line with our requested order cut-off date. This was a tremendous help for us to understand where customer water delivery demand is located during May and June so we could determine the guaranteed dates. The data, along with the current dry weather, indicates high demand for water deliveries in maintenance areas, as a result water availability will be very limited after the guaranteed dates. Guaranteed water delivery dates for 2024 Maintenance Areas:

2024 End of season trade and water allocation accounts This Operational Update outlines arrangements for the end of the 2023-24 water trading season and information about how to manage your water allocation account. 2024 Season trade closure dates Friday 21 June, 5.00pm - Water Exchange (WEX) closes. Monday 24 June, 5.00pm - External transfers to / from Murray Irrigation close. Tuesday 25 June, 5.00pm - Internal transfers to / from Murray Irrigation landholdings close. Tuesday 25 June, 5.00pm - Customer Portal access closes. Monday 1 July - Water Exchange (WEX) and Customer Portal re-open. Information on Barmah Choke Trade opportunity on 1 July 2024 WaterNSW released a trade notification about Barmah Choke Trade on 26 March 2024, please click to read the WaterNSW Trade Notice . Murray Irrigation expects to release more details in early June when WaterNSW has finalised its arrangements. Carryover rules The water sharing plan (WSP) carryover rules enable customers to carryover up to 50% of Class C water entitlements held in their water allocation account each season. Any volume exceeding this is forfeited at the end of the season. Carryover also influences the amount of allocation a water account can receive in the subsequent season. Under the WSP, the maximum allocation a water account can receive in any season is 110% of the water entitlements held. As demonstrated in the diagram below, carryover is added into the maximum allocation calculation. For example, if you carryover 40%, any allocation exceeding 70% will not be received.

Director Nominations deadline extended to 9.00am Monday 29 April 2024 Murray Irrigation is pleased to inform shareholders that the Director nomination period has been extended by a further two days, from this Friday to 9.00am Monday 29 April 2024. This comes in response to a recommendation made by the independent selection committee this week to apply further rigour to the recruitment process, to ensure the committee has all the information required to make an informed recommendation to the Board. The additional time will enable nominees to cater for these new requirements. Nominations will be reviewed by the Independent Selection Committee on 29 April, with virtual video interviews commencing with the Independent Selection Committee from 30 April and completed by 3 May 2024. Written nominations, including a CV and cover letter, must be lodged with Murray Irrigation’s Returning Officer either in person, via post or email by 9.00am on 29 April 2024. Nominations received after this deadline will not be considered. Further information on how to submit your nomination and what to include in your cover letter can be found on the company website www.murrayirrigation.com.au/directornominations . If you have any questions or would like more information, please contact the Company Secretary on the below details: T. 1300 138 265 E. companysecretary@murrayirrigation.com.au

Transition to Winter Operations This Operational Update provides details about the transition from Regular Operation to Winter Operations, as outlined in the Season Operating Plan . During the Winter Operations period, our aim is to maximise your access to water ordering while accomplishing the winter maintenance program on time and on budget. Order cutoff date and notice period Customers are requested to place orders by Wednesday 1 May for water delivery in May or June . This will assist us to fit with your irrigation plans as best as possible. The current notice period for water orders is up to one day. During the transition to winter operations, a four-day notice period for orders may be required. We will send you an SMS to let you know if there is any change to your outlet as per our normal practice. Water Delivery The Mulwala Canal (Operational Area 1) will be closed this year as it will be drained for scheduled maintenance. WaterNSW has advised it plans to lower the Stevens Weir pool during winter for approximately four to five weeks. Outside of this period, Wakool customers may have access to irrigation water during Winter Operations. Please provide us with as much notice as possible of your irrigation plans during May and June so we can align water deliveries with the timing of WaterNSW’s maintenance. WaterNSW will accommodate our demand where possible. Guaranteed Dates Murray Irrigation expects to release the guaranteed delivery dates by the first week of May. While we aim to maximise your access to water delivery during this period, after the guaranteed delivery date, access to water delivery, including stock and domestic water, is opportunistic and cannot be guaranteed. Preparation for Winter Operations The Winter Operations period occurs each year during May to August, when Murray Irrigation operates the channel system to allow winter maintenance work. During the transition to Winter Operations, you can help us prepare and assist us by: placing your orders as early as possible, letting us know if you expect to irrigate in May or June, even if you are not certain, as orders can be altered or cancelled, filling dams for your stock and domestic needs over winter, and being aware that we may require four days’ notice for new order starts. In preparation for the winter maintenance, you will see an increase in vehicle and heavy machinery on and around your landholding, our channels, and bridges. This can include, material delivery, grading of tracks and building silt traps, as an example. Safety is our main priority, please be vigilant with the increased activity on roads and channels. Stock & Domestic reminder – fill dams now Water may not be available over winter for stock and domestic supplies because: you are in an area scheduled for maintenance, or levels in your channel section may not be high enough to allow water delivery. Please fill dams now to ensure you have adequate water supplies through until mid-August. Other works during winter Throughout the period of Winter Operations, urgent repairs will also need to be undertaken in areas not scheduled for maintenance. Our normal process will be followed for other works, with customers notified about two weeks before works commence to coordinate the activity. Winter Operations explainer You can read our Frequently Asked Questions if you’re unsure what Operational Areas or Guaranteed Dates mean. Questions? If you have any questions or concerns regarding Winter Operations, please contact Customer Operations on 1300 138 265 from 6.30am until 6.30pm, 7 days a week, or email us at customersupport@murrayirrigation.com.au . 

Director nominations close this Friday.  Director nominations are due to close at 5.00pm on Friday 26 April. Applications are welcomed for both member and non-member directors. Further information including the nomination form and how to submit it, is available on the company website. Once the nomination period closes, an independent selection committee will review candidates against a specified selection criteria relating to the current skills the Board requires, to form recommendations to the Board for approval. The selection committee includes Managing Director of Seftons, Robbie Sefton, Chairman and Director of K.M & W.M Kelly & Sons, Chris Kelly, and founder and Director of Blink Connect, Jennie Grigg. Murray Irrigation Chair, Phil Snowden said these three individuals have impressive skill sets and extensive experience in agriculture across primary production, communications, industry, advisory, human resources, and governance. “When selecting the committee, Lachlan, Trish, Rob and I wanted to ensure the individuals had a sound understanding of the region and the issues and challenges we face”, Mr Snowden said. “Robbie and Chris are local to the area, have an in depth understanding of local issues, extensive experience in primary production and the industry that supports it, as well as director and industry body experience. “Jennie has worked with Murray Irrigation providing human resources support for a number of years. She has supported the company through significant cultural change over the last few years and will provide valuable human resources insights regarding the continuous improvement in culture and staff wellbeing”. Further information on the committee members can be found on the company’s webpage. Mr Snowden said the company is targeting to have a fully constitutional Board back in place by 8 May 2024. “Progress in a number of areas has been put on hold over the past four months due to the General Meeting process. “Lachlan, Rob, Trish and I are looking forward to welcoming new members to the Board and continuing to work towards the outcomes of the business’ strategic plan.” All information regarding the Director nominations, including a formal nomination form and how to submit it, is available on Murray Irrigation's company page: www.murrayirrigation.com.au/directornominations If you have any enqui r ies, please contact Murray Irrigation on 1300 138 265 or email: companysecretary@murrayirrigation.com.au .

As announced on Friday 12 April 2024, Murray Irrigation is calling for nominations from eligible individuals to fill at least two Director vacancies on the company’s Board of Directors. Nominations are welcome for both Member Director and Non-Member Director roles. Member Directors must be either shareholders of Murray Irrigation or an authorised representative of a company which is a shareholder of Murray Irrigation. Non-Member Directors must not be shareholders. Director Nominee Information Session A Director Nominee Information Session will be hosted on Friday 19 April from 10.00am until 12.00 noon in the Murray Irrigation board room: 443 Charlotte Street, Deniliquin, or via online link. The information session will cover: Roles and responsibilities of a Murray Irrigation director; Directors’ legal duties; and General information about Murray Irrigation and the election process. If you’re interested in attending the session, please RSVP to companysecretary@murrayirrigation.com.au by 4.30pm Thursday 18 April. If you wish to attend online, please notify us in your RSVP, and details will be provided via return email. RSVP is essential for attendance to the information session. Nominations Written nominations must be lodged with Murray Irrigation's Returning Officer either in person, via post or email by 5.00pm AEST Friday 26 April 2024. See below for details. Nominations received after this deadline will not be considered. In person: Murray Irrigation 443 Charlotte Street Deniliquin NSW 2710 Mail: Murray Irrigation Limited Returning Officer C/- Mr Nathan Holahan Company Secretary Murray Irrigation Limited PO Box 528 Deniliquin NSW 2710 Email: companysecretary@murrayirrigation.com.au All information regarding the Director nominations, including a formal nomination form, is available on Murray Irrigation's company page: www.murrayirrigation.com.au/directornominations If you have any enquiries, please contact Murray Irrigation on 1300 138 265 or email: companysecretary@murrayirrigation.com.au Nathan Holahan Company Secretary

Call for director nominations

General Meeting Results

Voting at this Wednesday's General Meeting