Laguna Bay Agricultural Fund 1

Allied Beef - Lease of Yarranbrook Feedlot

Allied Beef Group Pty Ltd (Allied Beef) proposes to lease the Yarranbrook Feedlot land (Yarranbrook) from Yarranbrook Property Pty Ltd (Lessor) pursuant to a lease agreement. Yarranbrook is a beef cattle feedlot with associated grazing and cropping activities located at 188 Cremascos Road in Inglewood, Queensland. Allied Beef is an Australian-based company that primarily owns and leases land for beef cattle farming and feedlot operations in Queensland and New South Wales. Allied Beef also supplies associated services including private cattle marketing, backgrounding and contract cattle breeding. Allied Beef is ultimately controlled by Laguna Bay Agricultural Fund No 1. Laguna Bay Agricultural Fund No 1 is an Australian-based investment fund which specialises in investing in agricultural businesses in Australia.