Foley Wines Limited Announces 2021 Harvest Result

3 May 2021 Foley Wines Limited Announces 2021 Harvest Result Foley Wines Limited [NZX: FWL] CEO Mark Turnbull today announced that the company has completed its harvest for the 2021 vintage and Foley Wines' harvest results are consistent with recent media coverage around the 2021 vintage being well down on prior years in the major growing regions. The harvest totalled 5,582 tonnes across the Marlborough, Martinborough and Mt Difficulty wineries, an overall decrease of 28% on last year's harvest of 7,803 tonnes. The company has been working on a premiumisation strategy over recent times and believes the work done on this along with securing new channels at higher price points will help mitigate the cost impact of higher vintage costs. Authorised for public release. For further information please contact: Mark Turnbull CEO, Foley Wines Limited PO Box 67, Renwick, 7243, Marlborough Tel: +64 21 714 885 Email: mark@foleywines.co.nz - NOTES TO EDITORS - About Foley Wines Foley Wines is a collection of iconic wineries and brands from New Zealand's most acclaimed wine regions. Each with a unique story of New Zealand to tell, our wineries are linked by a common unrelenting purpose; to make great wine that people love to drink around the world - Made by Land & Hand. Foley Wines is proud custodian of Martinborough Vineyard, Te Kairanga, Grove Mill, Vavasour, Mt Difficulty and Lighthouse Gin. End CA:00371562 For:FWL Type:GENERAL Time:2021-05-03 11:29:34