Notice of Allotment

Client Market Services NZX Limited Level 1, NZX Centre 11 Cable Street Wellington 6011 By email: announce@nzx.com 26 March 2019 Allied Farmers Limited: Notification of Allotment of Securities under rule 7.12.1 of the NZX Listing Rules For the purposes of Listing Rule 7.12.1, Allied Farmers Limited (the Company) advises the following securities have been issued on 26 March 2019: (a) class of security ordinary share ISIN NZALFE0001S1 (b) number issued 20,547,829 (c) nominal value (if any) and issue price $0.073 per share (d) cash payment $1,499,991.51 (e) amount paid up Fully paid up (f) principal terms of securities N/A (g) percentage of total class of securities 11.2867% (h) reason for issue Pursuant to Share Purchase Plan dated 26 February 2019 (i) authority for issue Board resolution (j) terms of issue the shares rank pari passu with all existing ordinary shares (k) number of securities in existence after issue 182,053,179 (l) treasury stock N/A (m) dates of issue 26 March 2019 Mark Benseman Chairman End CA:00332465 For:ALF Type:SECISSUE Time:2019-03-26 08:31:13