Share Consolidation – Shareholder Communication

18 July 2019 Attached is a copy of the letter sent to Allied Farmers Limited's (NZX: ALF) shareholders in relation to the recently completed Share Consolidation (populated with a pre-consolidation holding of 1,000 shares as an illustrative example). Mark Benseman Chairperson End CA:00337824 For:ALF Type:GENERAL Time:2019-07-18 09:28:56