Seeka Limited — Capital/Financing Update 2018

Nov 14, 2018

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Dear Seeka Shareholder,

SEEKA’S PRO RATA RIGHTS OFFER

As you may be aware, on 12 November 2018 Seeka announced a new capital raising initiative, including a fully underwritten pro rata rights offer to raise approximately $50 million of new equity for Seeka.

The rights offer

Under the Offer, you will have the opportunity to purchase 1 new share for every 1.5 existing Seeka shares you own as at 5.00pm (NZT) on 20 November 2018 at an issue price of $4.25 per new share. The Offer is fully underwritten by First NZ Capital Group Limited.

You can choose to take up all, some or none of your rights. If you take up all of your rights, you will have the opportunity, alongside institutional investors, to purchase additional Seeka shares under the bookbuild process at the end of the rights offer period. As an existing New Zealand shareholder, you will have a preferential position in the bookbuild process if you wish to purchase additional Seeka shares than your entitlement under the rights offer.

However, if you do nothing with some or all of your rights, then those rights will be offered for sale through the bookbuild process. You may still receive value for those rights to the extent that the price achieved in the bookbuild process exceeds the issue price.

How to apply

The Offer Document and your Entitlement and Acceptance Form will be sent to you on 21 November 2018. Applications must be made (together with payment) before 5.00pm on 7 December 2018 either via:

– Submission of the online application at www.seekashareoffer.com from 21 November 2018; or

– Completion of your Entitlement and Acceptance Form and return to Seeka’s share registrar, Link Market Services Limited.

Information on the Offer, including the Offer Document, is available at www.seekashareoffer.com or on the NZX by searching Seeka’s stock code (SEK) at www.nzx.com/companies/SEK . You should read the Offer Document carefully and in full before deciding whether to take up your rights, and seek professional advice if you have any queries about what you should do in respect of the Offer.

You are also encouraged to read all of Seeka’s recent market announcements, particularly the investor presentation released on 7 November 2018 and the Offer announcement released on 12 November 2018.

Seeka remains committed to forging ahead with its strategy of becoming New Zealand’s leading orchard-to-market business and solidifying its market position in Australia.

We hope that you will give this opportunity careful consideration and wish to thank you for your continued support.

Yours sincerely,

Michael Franks

Chief Executive Officer | Seeka Limited

Phone +64 (7) 573 0303 Fax +64 (7) 573 9831 Email info@seeka.co.nz

POSTAL Seeka Limited VISITOR Seeka Head Office ADDRESS PO Box 47 ADDRESS 34 Young Road Te Puke 3153, N.Z. Paengaroa 3189, N.Z. seeka.co.nz