Agrowill Group - Notification on material event

Ekoagros, an organic agriculture certification body in Lithuania, completed certification process of crops and livestock of Agrowill Group, AB as organic

Ekoagros, an organic agriculture certification body in Lithuania, completed
certification process of all owned and leased farmland areas (a total of about
23,5 thousand hectares) and livestock of Agrowill Group, AB as organic. 

Following the certification, the Group is eligible to receive payments (by
preliminary calculations – around EUR 4 million) for organic farming which, in
accordance with the European Union and national rules, are used to compensate
any harvest reductions due to the non-use of chemical fertilisers and additives
in protection products. 

Agrowill Group follows the rules of organic farming since mid-June of this
year. Under the existing procedure, however, in 2016 production will yet be
regarded as production of the transitional period, which takes 2 years in
total, while the production of 2017 will be fully organic.