Tower Limited - Trading Halt

31 March 2025 Market Information NZX Limited Level 2, NZX Centre 11 Cable Street WELLINGTON Company Announcements Office ASX Limited Exchange Centre Level 6, 20 Bridge Street Sydney NSW 2000 AUSTRALIA Tower Limited – Trading Halt Tower Limited (“Tower”) has requested a trading halt as it has been advised that Bain Capital (which owns or controls approximately 19.9% of the shares in Tower), is undertaking a process to seek offers of demand for its shareholding in Tower. Tower’s trading halt application will be made available on NZX and ASX. The trading halt will be lifted at such time that Tower has been notified by Bain Capital that the process has been concluded and the same has been announced to the market by Tower. ENDS This announcement has been authorised by Michael Stiassny, Chair. For media enquiries, please contact in the first instance: Emily Davies, Head of Corporate Affairs and Sustainability +64 21 815 149 emily.davies@tower.co.nz For investor enquiries, please contact: James Silcock Head of Strategy, Planning and Investor Relations +64 22 395 9327 james.silcock@tower.co.nz