Peet Limited Raises Appriximately $64.4 Million Through Institutional Entitlement Offer

Peet Limited (“Peet” or the “Company”) today announced the successful completion of the institutional component of its accelerated non-renounceable prorata entitlement offer (“Entitlement Offer”)1, raising approximately $64.4 million at $1.10 per share, including $10.5 million committed to by Peet Directors and related parties.