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Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 1 June 2021 Subject: Allied Farmers Limited ("ALF") - Trading Halt of Securities Message: NZ RegCo ("RegCo") advises that, at the request of the company, it has placed a trading halt on Allied Farmers Limited ("ALF") Ordinary Shares. The trading halt was placed at pre-market open today. The trading halt has been put in place while certain property acquisitions by New Zealand Rural Land Company Limited settle. The trading halt will remain in place until the earlier of: a) An announcement made by ALF confirming that all of the property acquisitions have settled; or b) Market open on Wednesday, 2 June 2021. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00373164 For:ALF Type:HALT Time:2021-06-01 08:30:34