Karoo Rabbit Protein — Management & Organisation

The organisational structure, the staffing plan and the transformation and B-BBEE approach underpinning Karoo Rabbit Protein.

Karoo Rabbit Protein Business PlanSection 10 › Management & Organisation

Section 10 · Business Plan

Management & Organisation

The organisational structure, the staffing plan and the transformation and B-BBEE approach underpinning Karoo Rabbit Protein.

Execution risk in an integrated agri-industrial venture is
concentrated in management depth across several disciplines
simultaneously — animal science, processing and food safety,
supply-chain and cold-chain logistics, brand and sales, and finance.
KRP’s organisational design reflects this.

10.1 Organisational Structure

The Company is led by a chief executive supported by functional heads
aligned to the four divisions and the core support functions:

Chief Executive Officer Overall strategy, capital, stakeholder and board management.
Chief Operating Officer Processing, cold chain, feed mill and the grower network.
Head of Genetics & Veterinary Nucleus herd, breeding programme, biosecurity and animal welfare.
Chief Financial Officer Finance, treasury, reporting, compliance and investor relations.
Head of Sales & Marketing Brand, channel management, demand creation and export development.
Head of Grower Network Grower recruitment, training, extension and offtake administration.

10.2 Staffing Plan

Headcount and the staff cost base scale with operations, from the
core commissioning team in Year 1 to a full operating complement by Year
5. The staff cost line grows from R10.0 million to R30.4 million over
the plan, consistent with the production and revenue ramp.

10.3 Transformation & B-BBEE

Broad-based black economic empowerment is integral, not peripheral,
to the KRP model. The contract-grower network is a direct vehicle for
enterprise and supplier development and for inclusion of black
smallholder and emerging farmers, while equity, procurement and
skills-development structures are designed to support a strong B-BBEE
profile. This both meets the mandate expectations of development-finance
investors and strengthens KRP’s standing with retail and institutional
customers.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Karoo Rabbit Protein (Pty) Ltd.