ersonal use only
Annual General Meeting
28 FEBRUARY 2022
PAGE 1
onlyuse
Disclaimer
ersonalThe i formation in this presentation is an overview and does not co tain all information necessary for investment decisions. In maki g i vestment decisions in connection with any acquisition of securities, investors should rely on their own examination of the assets and consult their own legal, business and/or financial advisers. The information contained in this presentation has been prepared in good faith by Alterra Limited, however no
repre entation or warranty expressed or implied is made as to the accuracy, correctness, completeness or adequacy of any statements,
estimates, opinions or other information contained in this presentation. To the maximum extent permitted by law, Alterra Limited, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in or omitted in this presentation. Certain information in this presentation refers to the intentions of Alterra Limited, but these are not intended to be forecasts, forward looking statements or statements about future matters for the purposes of the corporations act or any other
applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause Alterra Limited's actual results, performance or achievements to differ from those referred to in this presentation. Accordingly, Alterra Limited, its directors, officers, employees and agents do not give any assurance or guarantee that the occurrence of the events referred to in the presentation will actually occur as contemplated.
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Investment Highlights
ALTERRA
only | • Carpenters is a world-class | |
• | project in development | |
Abundant, marketable | ||
• | water resource | |
Targeting lowest quartile | ||
production costs | ||
use | WESTERN AUSTRALIA | |
ersonal | • | Australia: Untapped export |
potential | ||
• WA: Counter-seasonal | ||
• | production | |
Pemberton/Manjimup: High | ||
yields & premium fruit quality | ||
• Regional investment and jobs |
AVOCADO MARKET
- Robust global demand growth
- Healthy, plant-based diet option
- Quality agricultural assets attract high transaction values
AGRICULTURE
- Sustainable industry meeting a growing need
- Utilising value of increasingly scarce arable land and water resources
PAGE 3
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 onlybecoming 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
•
use | • 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
ersonal^ Galt Geotechnics Report, November 2020, subject to regulatory approval
Carpenters Avocado Project
The Carpenters Project represents a large-scale and potentially world-class land parcel with abundant clean water capture and storage
only | |
• | ~280ha available for planting |
• Located in the prime fruit growing region 12km NW of Pemberton and 15km SW of Manjimup, WA
• 100% owned by Alterra, incl. 30+10+10yr lease over land and water
• Favourable soil and climate for high yielding Hass avocado production
• Up to 85 people expected to be employed regionally at peak
production | ||||||
use | ||||||
Stage | Planting Size | Planting Size | Cumulative | Status | ||
(Ha) | (Hass Trees) | Hectares | ||||
2020 | 1 | 5 | 1,500 | 5 | COMPLETE | |
2021 | 2 | 7.5 | 5,000 | 12.5 | COMPLETE | |
2022 | 3 | 85 | 42,500 | 97.5 | IN PROGRESS | |
2023 | 4 | 102.5 | 51,250 | 200 | PLANNED | |
c.2030 | 5&6 | ~80 | 40,000 | 280 | PLANNED | |
ersonal |
Exact planting areas are subject to seasonal weather conditions
PERTH
Carpenters
c.280ha
Pemberton
Total ~280ha
represents ~10% of WA's total planted hectares
PAGE 5
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Alterra Limited published this content on 27 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 February 2022 23:31:04 UTC.