Kiwifruit Industry Successful with EPA Decision on Hi-Cane

Seeka Limited [NZX:SEK] advises that the kiwifruit industry will be able to continue to use hydrogen cyanamide (Hi-Cane) in New Zealand. The benefits from using Hi-Cane are significant. The Environmental Protection Agency (EPA) decision-making committee released their decision on the reassessment of Hi-Cane today. The decision keeps the existing approvals, adjusts the rules for its use, updates its hazard classifications and removes the suggestion of a 10-year horizon for the use of the product. The new rules for use take immediate effect. Seeka is supportive of the proposed adjustments, which align to Seeka's current operating procedures as a responsible orchard manager and grower. "Seeka takes its environmental responsibility very seriously and is confident the decision achieves a good outcome for kiwifruit growers without compromising the environment. We applaud the process and outcome," says Seeka chief executive Michael Franks. A summary of the changes and information on the background of the reassessment can be found on the EPA webpage: https://www.epa.govt.nz/public-consultations/decided/hydrogen-cyanamide-reass essment/ Release ends. For further information please contact: Michael Franks Seeka Chief Executive officer +64 21 356516 Nicola Neilson Seeka Chief Financial officer +64 21 841606 End CA:00431648 For:SEK Type:GENERAL Time:2024-05-23 14:36:11