Desert Control signs contract with Limoneira Company (Nasdaq: LMNR)

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ISSUER

DESERT CONTROL AS

Norwegian AgTech company Desert Control has developed a liquid natural clay
(LNC) that restores and enhances soil ecosystems to reduce usage and improve
efficiency of water, fertilizers, and natural resources for agriculture,
forests, and green landscapes. Desert Control started operations in the United
States in March 2022, initiating a validation study for LNC on American soil
with the University of Arizona, and is now starting U.S. commercialization.

Sandnes, Norway, 15 November 2022 – Desert Control (DSRT) signs contract with
Limoneira Company (Nasdaq: LMNR) for commercial pre-projects on Limoneira
ranches in Arizona and California. The objective is to enable climate-smart and
resilient agribusiness with optimal usage of water, fertilizers, and natural
resources while optimizing yields and quality of citrus production in desert
environments.

The scope of the commercial pre-project, valued at NOK 1,8 Million, is to apply
Liquid Natural Clay (LNC) for 2,000 citrus trees at the Limoneira ranch in
Cadiz, San Bernadino, California, and for 2,000 citrus trees at the Limoneira
ranch in Yuma, Arizona, combined covering approximately 40 acres of land. The
contract for LNC deployment for the two ranches is further backed by a letter of
intent (LOI) to expand LNC deployment to applicable ranches starting with the
Cadiz operations in the Mohave desert in California.

The collaboration between Desert Control and Limoneira started in July 2022 with
the deployment of LNC for a small pilot of 50 citrus trees at the Limoneira
ranch in Yuma, Arizona. Positive indications for significant improvement of
water use efficiency during the first months of the pilot is the driver behind
the new contract.

"Sustainability goes hand-in-hand with innovation. Limoneira discovers and
practices environmental management methods that protect the health of the land
and surrounding communities. The only way forward in our changing climate is to
work with our natural systems to produce the finest, freshest citrus, fruits and
avocados," says Edgar Gutierrez, Vice President of Farming Operations at
Limoneira Company.

Deployment for 2,000 trees at the Cadiz ranch is anticipated to complete during
December 2022 and at the Yuma ranch during January 2023, allowing for key
indicators to be measured over the growing season and evaluated after harvest in
September – October 2023. Based on the successful outcome, it is anticipated
that a large-scale roll-out for Limoneira ranches could start in Q4 2023 for the
Cadiz ranch, with 800 acres of land and approximately 70,000 citrus trees under
cultivation. The broader opportunity includes the Yuma ranch of 1,300 acres with
approx. 120,000 trees and other applicable agribusiness operations of Limoneira.

Limoneira Company, headquartered in Santa Paula, California, has grown to become
one of the premier integrated agribusinesses in the world. Limoneira is a
dedicated sustainability company with 15,400 acres of agricultural land and
water rights in California, Arizona, Chile and Argentina. Sustainable land
stewardship is at the heart of Limoneira's core practices. The objective of the
project with Desert Control is to strengthen healthy soil systems, drive
leadership on water stewardship, benefit biodiversity, and lower energy
intensity.

"We lead the agribusiness industry by example because we dare to innovate and
expand our practices. The land teaches us how to be better stewards, how to
adapt as conditions change in the economy, our industry, and the environment.
Limoneira is committed to being a catalyst for positive change and we continue
to view these challenges as an opportunity to create a better future," says
Harold S. Edwards, President & CEO of Limoneira Company.

The LNC project with Limoneira aims to demonstrate the capabilities of LNC to
meet Limoneira's sustainability objective of improving water use efficiency in
water-scarce areas by 37%, reducing energy intensity, and improving the
efficiency of fertilizers and other inputs while increasing yields and crop
quality.

"This is a significant milestone for Desert Control," says President and Group
CEO, Ole Kristian Sivertsen. "The excellent collaboration between Limoneira and
Desert Control creates a partnership of passionate people dedicated to solving
the challenges of tomorrow – today. The contract with Limoneira further
strengthens the foundation for an accelerated scale-up of our U.S. operations.
We are proud to partner with Limoneira to create a leading example for
climate-smart agribusiness that combines sustainability stewardship and
profitability for the prosperity of business, nature, and our environment."

Cautionary Note

Disclaimer related to forward-looking statements.

This release contains forward-looking information and statements relating to the
business, performance, and items that may be interpreted to impact the results
of Desert Control and/or the industry and markets in which Desert Control
operates.

Forward-looking statements are statements that are not historical facts and may
be identified by words such as "aims", "anticipates", "believes", "estimates",
"expects", "foresees", "intends", "plans", "predicts", "projects", "targets",
and similar expressions. Such forward-looking statements are based on current
expectations, estimates, and projections, reflect current views concerning
future events, and are subject to risks, uncertainties, and assumptions, and may
be subject to change without notice. Forward-looking statements are not
guaranteeing any future performance, and risks, uncertainties, and other
important factors could cause the actual business, performance, results, or the
industry and markets in which Desert Control operates in to differ materially
from the statements expressed or implied in this release by such forward-looking
statements.

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