Cadiz, Inc. | 2014 June
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June 2014

Cadiz Inc. (“Cadiz”, the “Company”) has pledged a gift to Duke University’s Nicholas Institute for Environmental Policy Solutions (“Nicholas Institute”), a nationally recognized public policy think tank, as part of the Company’s commitments to ensure legacy benefits from the use of its property in California’s eastern Mojave Desert. Based upon a financial pledge by Cadiz and upon commencement of Phase I of the Cadiz project, the Nicholas Institute will undertake new and expanded work on holistic land and water management strategies to facilitate long-term protection for species of special importance in water-stressed areas, including the Southwestern United States.