Cadiz Names Scott Slater Chief Executive Officer

Mr. Slater, one of the nation’s foremost experts in water policy and groundwater law, joined the Company as General Counsel in 2008 to oversee land and water resource management activities, including development of the Cadiz Valley Water Conservation, Recovery and Storage Project (“Project”). Since that time Slater has led the Project through many significant milestones, including last year’s Project approval and certification of the California Environmental Quality Act (“CEQA”) documents by the Santa Margarita Water District. Mr. Slater is now leading the Project’s economic and pre-construction phase and, as CEO, will also oversee the long-term development and holistic management of the Company’s various resource assets.

“Scott Slater is a proven leader who can bring our Project over the finish line,” said Keith Brackpool. “We have made tremendous progress since Scott joined the Company and we could not have a more qualified person to steer Cadiz through its next phase.”

“I am proud to take on this important role at such an exciting time,” Mr. Slater commented. “We’ve envisioned a multi-faceted business including water conservation and storage, organic agriculture, desert land conservation, and tourist investments to sustainably manage our vast resources in the desert and provide long-term benefits. I look forward to implementing these worthy programs and achieving our objectives.”