ELDERS LIMITED DISCLOSUREBeneficial Ownership (13D/G / major holdings)

Ceasing to be a substantial holder

Notice of ceasing to be a substantial holder Form 605 Corporations Act Section 671B To: Elders Ltd (“ELD”, Ordinary Fully Paid) 1. Details of substantial shareholder Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related bodies corporate in the Citi group of companies worldwide (for more details please visit www.citigroup.com). The holder ceased being a substantial holder on 6 August 2026. The previous notice had been given to the company on 7 August 2026. 2. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change Person whose relevant interest changed and Person’s votes affected Nature of Relevant Interest Class and number of securities affected 6 August 2026 Citigroup Global Markets Australia Pty Limited Citigroup Global Markets Australia Pty Limited holds a decreased relevant interest in these shares pursuant to contracts entered into subject to an obligation to return under a securities lending agreement. Refer to Annexure A. -41,539 Ordinary Fully Paid 6 August 2026 Citigroup Global Markets Inc Citigroup Global Markets Inc holds a decreased relevant interest in these shares pursuant to contracts entered into subject to an obligation to return under a securities lending agreement. Refer to Annexure A. -1,163,000 Ordinary Fully Paid 6 August 2026 Citigroup Global Markets Limited Citigroup Global Markets Limited holds an increased relevant interest in these shares pursuant to contracts entered into subject to an obligation to return under a securities lending agreement. Refer to Annexure A. 1,018,302 Ordinary Fully Paid 3. Changes in association The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows: For personal use only Name and ACN/ARSN (if applicable) Nature of association N/A N/A 4. Addresses The addresses of persons named in this form are as follows: Name Address Citigroup Global Marke