Quotation Notice – Allied Farmers Limited Rights (“ALFRC”)

QUOTATION NOTICE: NZX MAIN BOARD ALLIED FARMERS LIMITED ("ALFRC") Issuer: Allied Farmers Limited ("ALF") Ticker Code: ALFRC ISIN: NZALFE0008S6 Details of Issue: A pro-rata renounceable rights issue of 1 new share for every 3 shares held on the Record Date Ratio (New : Existing): 1 : 3 Exercise Price: $0.5 per share Issue Price Payable: In full on application Ex Rights Date: Monday, 30 November 2020 Rights Commence Trading: Monday, 30 November 2020 Record Date: 7pm, Tuesday, 1 December 2020 Letters of Entitlement sent to Shareholders: Wednesday, 2 December 2020 Offer Opens: Wednesday, 2 December 2020 Offer Closes: Thursday, 17 December 2020 Rights Quotation Ceases: Friday, 11 December 2020 Allotment of New Shares: Thursday, 24 December 2020 Registrar: Link Market Services ("LNKT") Settlement Status: NZCDC Settlement System Commencement of Trading of New Shares: Thursday, 24 December 2020 Mark Peterson Chief Executive Officer NZX Limited 23 November 2020 End CA:00363729 For:ALF Type:OFFER Time:2020-11-23 16:19:27