ArborGen Holdings Issues New Shares

Capital Change Notice



Section 1: Issuer information
Name of issuer ArborGen Holdings Limited
NZX ticker code ARB
Class of financial product Ordinary
ISIN (If unknown, check on NZX website) NZRBCE0001S3
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 1,285,324
Nominal value (if any)
Issue/acquisition/redemption price per security Issued under the LTI Plan for nil consideration
Nature of the payment (for example, cash or other
consideration)
No cash consideration is payable. The
consideration is for services rendered by the
participant over the 2021 LTI Plan period
(1,241,232) and to one employee under the 2022
LTI Plan (44,092)
Amount paid up (if not in full) Full
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the
number of Financial Products of the Class,
excluding any Treasury Stock, in existence)
0.256%

For an issue of Convertible Financial Products or
Options, the principal terms of Conversion (for
example the Conversion price and Conversion date
and the ranking of the Financial Product in relation
to other Classes of Financial Product) or the Option
(for example, the exercise price and exercise date)
n/a
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Entry into Conditional Restricted Share Unit
Agreement (RSU Agreement) to receive
ArborGen RSUs, in relation to the ArborGen 2021
LTI Plan and 2022 LTI Plan.
Any RSUs awarded under the RSU Agreement
will vest as ARB Ordinary Shares in three equal
tranches on three separate vesting dates,
provided that the holder of the RSU remains
employed by the ArborGen group on the
applicable vesting date.
1,241,232 shares were issued under the 2021
plan, 1,029,257 being the second of three
tranches and a further 211,975 relates to the
accelerated vesting of the third tranche issued to
one retiring employee. In addition 44,092 is the
first tranche of 132,276 RSU’s issued to one
employee under the 2022 LTI Plan.
Total number of Financial Products of the Class
after the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number of
502,772,082

Financial Products of the Class held as Treasury
Stock after the issue/acquisition/redemption.
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
n/a
Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Rule 4.6
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
n/a
Date of issue/acquisition/redemption 26/7/2022
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Sharon Ludher-Chandra
Contact person for this announcement Sharon Ludher-Chandra
Contact phone number 09 356 9800
Contact email address info@arborgenholdings.com
Date of release through MAP

26/
7/2022