Seeka Provides Company Profile

Introducing Seeka
Supplying premium, healthy produce to international consumers

Our origins
Formed by pioneer kiwifruit growers seeking better ways to care for their produceIn 1987 we started coolstoring kiwifruit in Te PukeIn 1990 we started packing kiwifruit for local growersIn the 1990s we started working with
land holders to grow kiwifruit
Since 2005 we’ve been extending our geographical reach and product rangeacross New Zealand and Australia
Our roots extend to the very beginning of the kiwifruit industry
2

Seeka connects landowners with their markets
Helping New Zealand orchard owners supply the world with safe, healthy produce
Orcharding, NZGrowing kiwifruit, avocado and kiwiberry- Owned, leased, managed and
long term leased orchards
- Orchard development- Large kiwifruit grower
Post harvest, NZPicking, packing, coolstoring and produce dispatch- 9 modern facilities- Delicious Nutritious Food
Company
- Innovation and maintenance
team
Retail services, NZMarketing produce in NZ, Australia
and Asia
- Marketing and exporting
New Zealand produce
- Importing and ripening services- Wholesale business in
Auckland and Christchurch
Seeka AustraliaOwn and lease orchards plus own post harvest facilities- Adding value- Kiwifruit, nashi, European pears- Largest kiwifruit grower- Fully integrated business
of export kiwifruit
are grown by Seeka
10
%
of export kiwifruit
are packed by Seeka
25
%
Innovative services and products from our value chain
Growing and retailing
our Australian fruitdirect to the markets
3
APPROX
APPROX

Seeka is New Zealand’slargest kiwifruit grower
350
ORCHARDS
From Northland to the Coromandel, Bay of Plenty, East Cape and Gisborne
44
17
m
TRAYS
Kiwifruit, avocado and kiwiberry
SunGold
7.6m
Avocado and other
Hayward
9.4m

5
We operate9 modern packing and coolstoragefacilities
55
Seeka Oakside
PeninsulaKerikeriAongateteMain RoadHuka PakOaksideKKPTranspackOPAC

6
Handling
25%
of NZ’s $2b
annual kiwifruit crop
We’re a cornerstone supplier to ZespriSupporting our marketer by supplying product in full, on time and to specification

7
Generating
value
from the full crop withKiwi Crush
We makeinnovative productsWe produce and sell Kiwi Crush to healthcare professionals, operate a wholesale produce market in Auckland, and directly supply kiwifruit to New Zealand and Australian supermarkets

8
Growing and exportingSeeka-brandedproduce to Australia & Asia
We’re a major exporter of NZ avocadoWe grow, handle and marketNew Zealand avocado and kiwiberry, directly selling Seeka-branded fruit to Australian retailers, export to Asia and supply New Zealand retailers

9
Directly supplying premium Australian-grownkiwifruit, nashi and pears
We own and lease orchards in AustraliaWe’re Australia’s largest kiwifruit and nashi grower, with Seeka-branded produce sold year-round across Australia’s major supermarket chains

10
Protecting
our
people as we supply
safe
&
healthy food
We’re serious about safetyWe’ve invested in the latest systems and machines to protect our people and our produce, on the orchard and across our supply system, so the international consumer can confidently buy and enjoy our healthy, great-tasting produce

11
Growing a
better
future
with Seeka’s
regenerative horticulture
We’re serious about sustainabilityThe environment is pivotal to the health of our crops and our business; we’re transforming our operations to match tomorrow’s challenges, and reporting our performance as we implement new carbon-reduction initiatives across our supply and production systems
LED
Hybrid vehicles
Worm farm
Solar energy
LED lighting
Waste audits
Regenerative
horticulture
Seeka worm farm

We’re connected to our growers and our shareholders
12
We’re an NZX-listed company with close links to our supply chain partners, including iwi orchard owners and Asian produce handlersNearly all growers and key staff are active investors, with Seeka operating innovative loyalty share schemes
2300
SHAREHOLDERS
Nearly all growers are shareholders

We operate in fast growing industries
13
Consumers are demanding high-quality, safe and nutritious produce; Asia wants our core kiwifruit and
avocado products,
with the industry predicting a 50% increase in SunGold volumes by 2025, and avocado set to double production with large-scale commercial plantings
Zespri’s forecasting a 30
%
in New Zealand
kiwifruit
volumes by 2025
with
avocado plantings
also
set to double
INCREASE
Forecast kiwifruit volume increases are 5 years from 2020,see Zespri 5 Year Outlook, December 2020

We’ve invested in fast-growing regions
14
Since 2018, Seeka’s been developing its Kerikeri facility to service new Northland kiwifruit and avocado orchards, and in 2021 Seeka acquired a large orcharding and post harvest business in
Ō
p
ō
tiki to deliver a premium
service to the fast-developing Te Kaha, Eastern BoP and Gisborne regions
From our
kiwifruit
heartland
, we’ve
expanded to the Northland and Eastern
growth regions
Seeka Kerikeri

17m trays grown by Seeka (39%)
23m trays SunGold (54%)
20m trays Hayward
43m
trays
Packing 43m trays of NZ kiwifruit
Seeka’s forecast harvest 2021 supply base
Volumes include full-season supply
from OPAC, acquired May 2021.
SunGold is the main commercial gold variety of kiwifruit,
Hayward is the main commercial green variety of kiwifruit.
Kiwifruit heartland
Eastern growth regions
Northern growth regions
2.6m
4.3m
9.0m
7.1m
0.5m
5.7m
10.5m
3.3m
Northland / Coromandel
Ka
tikati / Tauranga
Te Pu
ke
East BoP / Gisborne
Kiwifruit post harvest volumes 2021Millions of trays
SunGold
Hayward
15

1.6m
1.6m
2.1m
2.3m
0.3m
2.8m
4.7m
1.6m
Northland / Corom
andel
Katikati / Tauranga
Te
Puke
East BoP / Gisborne
Kiwifruit production volumes 2021Millions of class 1 trays
SunGold
Hayward
Growing 17m trays of NZ kiwifruit
Forecast production from Seeka’s orchard operations
Kiwifruit heartland
Eastern growth regions
Northern growth regions
7.6m trays SunGold (45%)
9.4m trays Hayward
17m trays
Seeka orchard operations includes Seeka m
anaged, leased, and long-te
rm leased orchards.
Volumes include full-season suppl
y from OPAC, acquired May 2021
16

We’re growing our business in New Zealand and AustraliaVolumes include full-season suppl
y from OPAC, acquired May 2021
25.7m
31.4m
33.5m
33.4m
43.0m
8.5m
10.7m
11.4m
13.0m
17.0m
2017
2018
2019
2020
2021
NZ Kiwifruit handledby SeekaMillions of trays
Packing 25%of the national crop
Growing 10%of the national crop
67
41
48
63
11
9
SunGold
Hayward
Avocado
Kiwifruit
Rico pears
Nashi
240 hectares being developedOn Seeka leased and managed land
We’re developing new orchards
We’ve grown our core kiwifruit business
150 hectares of new developments are on Seeka owned or long-term-leased land
AUSTRALIA
NEW ZEALAND
Partnering with iwi and PGFto develop new orchards inrural New Zealand
Forecast
17
Kiwifruit

1. 2021 indicative revenue includes full-
year OPAC revenue, acquired May 2021
Our financial performance$300m forecast Seeka Group revenue 2021
1
−
Up 19% on 2020
−
Business reset to operate in a Covid-19 world
2020 financial performance−
$43m EBITDA – up 24% on 2019
−
$15.2m Net profit after tax – up 120%
−
52 cents earnings per share
−
22 cents per share dividend paid or declared
−
$5.20 net tangible assets per share – up 14%
18
2021 revenue growth and 2020 financial results
$187m
$204m
$237m
$252m
$300m
2017
2018
2019
2020
2021
RevenueNZD million
$23m
$33m
$35m
$43m
2017
2018
2019
2020
EBITDANZD million
Performing for our stakeholders

seeka.co.nz