ArborGen Holdings Update on NZ Operations

ArborGen Holdings Update on NZ Operations

25 March, 2020 –
In order to keep the market fully informed, ArborGen Holdings today announced that, in compliance
with the New Zealand Government’s Level 4 Alert status, its nursery operations in New Zealand would
be closing from midnight tonight. Although these operations are deemed to be non-essential under
strict Ministry for Primary Industries “Safe Practice” conditions, the company will continue to
undertake permitted necessary activities critical to ensure the survival and viability of the current
year’s crop, such as irrigation. Crop lifting for the NZ season does not begin until May, which is after
the planned expiry of the current country-wide ‘lock-down’ situation.
The Company’s quarantine facilities based in Te Teko (NZ) will continue to operate and grow fruit trees
as these activities have been defined as essential services.










ArborGen
ArborGen is the largest commercial global seedling supplier and a leading provider of advanced genetics, for the
forest industry. Employing state-of-the-art technology, ArborGen is developing high-value products that
significantly improve the productivity of a given acre of land by enabling our customers to grow trees that yield
more wood per acre with greater consistency and quality in a shorter period of time. For more information, please
visit ArborGen’s website at www.arborgen.com.

To: NZX From: Sharon Ludher-Chandra

Further information on ArborGen Holdings Limited can be viewed at our web site http://www.arborgenholdings.com.