• Duxton Farms to sell three irrigated and dryland cropping properties near Forbes, NSW
• Assets comprise 7,061 hectares, with a third being irrigable
• Proceeds to be used for investments in horticulture, viticulture, apiculture, and Northern Australia expansion

Duxton Farms Ltd ('Duxton Farms' / 'Company') has commissioned CBRE Group to market three of the Company's irrigated and dryland cropping properties near Forbes, New South Wales for sale. The proposed sale of 'Walla Wallah', 'Yarranlea' and 'West Plains' is a further key step in the Company's strategic shift away from broadacre cropping as the Board continues to execute on its strategy to expand and broaden the portfolio's exposure to the Australian agricultural sector. Together 'Walla Wallah', 'Yarranlea' and 'West Plains' comprise an institutional grade cropping asset spanning 7,061 hectares, approximately a third of which is irrigable. The properties will be marketed with the Company's significant 8.6 gigalitre portfolio of Lachlan River surface and groundwater, and will mark the Company's complete exit from irrigated and dryland cropping in New South Wales. Duxton Farms expects to receive expressions of interest by the end of March and, subject to agreement on sale terms, is targeting settlement before the end of the 2026 Financial Year. The Company intends to use the proceeds of the proposed sale to invest further in the Company's development assets in horticulture, viticulture, apiculture and its expansion in Northern Australia.

Duxton Farms is targeting settlement of the Forbes portfolio sale before the end of the 2026 Financial Year. The proceeds will be used to invest in the company's development assets in horticulture, viticulture, apiculture, and expansion in Northern Australia.