Governance Review Update

23 January 2019

Governance Review Update

In late December the Overseas Investment Office (OIO) announced that it had reached a settlement
agreement with Agria (Singapore) Pte Limited relating to its compliance with the requirements of the Overseas
Investment Act 2005.

Agria Corporation now holds 46.58% of PGG Wrightson Limited (PGW) through its subsidiary Agria Singapore.

The Chair of the PGW Committee of Independent Directors, Bruce Irvine said, “that the Committee has
continued to monitor matters relating to the OIO investigation and settlement and assess implications for
PGW.”

“In October it was announced that the PGW Board would undertake a review of its composition and
governance. Joo Hai Lee was appointed as interim Chair while the review was ongoing.”

Following the OIO settlement it has been determined that Mr Lee will resign as Chair prior to 28 June 2019.
In the meantime, the Board will continue with its governance review and will provide an update in the near
future regarding the outcomes of the review and the Chair’s appointment.”

Ends.




For all media enquiries please contact
Linda Chalmers
Group Communications and Brand Manager
PGG Wrightson Ltd
Mobile: +64 27 405 3241