Alterra Corporate Snapshot

Carpenters Avocado Project • • • • Located in the renowned horticulture region of Pemberton-Manjimup, in Western Australia's south-west Avocados are a high-demand staple of western diets and becoming increasingly popular in Asia. Global imports growing at 10.5% (past 6yrs) with the consumer trend towards healthy & plant-based foods Abundant natural water resources Water capture potential of up to 11GL^, reflecting significant potential for external water sales Dam construction underway Carpenters is planned as a ~280ha orchard - the largest avocado orchard in Western Australia Targeting lowest quartile cost of production for Australian producers A Galt Geotechnics Report, November 2020, subject to regulatory approval

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