GreenH2 Fertiliser — Management & Organisation

The governance, the management team and the organisational design underpinning GreenH2.

GreenH2 Fertiliser Business PlanSection 10 › Management & Organisation

Section 10 · Business Plan

Management & Organisation

The governance, the management team and the organisational design underpinning GreenH2.

The Project will be led by an executive team combining large-scale
energy and industrial project delivery, project finance, chemical-plant
operations, carbon-market expertise and commercial distribution, under
project-finance-grade governance with an independent board, lender
reporting and an owner’s engineer overseeing the EPC contractor.

10.1 Executive structure

Table 9. Core executive roles and
mandates.

Role Mandate
Chief Executive Officer Overall strategy and delivery; energy and industrial mega-project leadership
Chief Financial Officer Project finance, capital structure, lender relationships and the financial model
Chief Operating Officer Chemical-production operations, reliability, safety and maintenance
Chief Sustainability Officer Carbon markets, ESG, environmental compliance and just-transition programmes
Commercial Director Offtake, export distribution, pricing and customer relationships

10.2 Corporate & shareholding structure

GreenH2 will be held through a ring-fenced special-purpose vehicle.
At financial close the equity is expected to comprise seed/development
investors, a strategic industrial partner and one or more
development-finance institutions, alongside the senior-debt facility. A
broad-based black economic empowerment (B-BBEE) and community-trust
allocation meets ownership and just-transition objectives.

Table 10. Indicative post-financial-close
ownership (illustrative).

Shareholder group Equity Role
Seed / development investors ~33% Early risk capital
Strategic industrial partner ~30% Technology & offtake
Development-finance institutions ~25% Patient ESG capital
B-BBEE & community trust ~12% Empowerment

10.3 Governance

  • Independent, majority non-executive board with audit, risk and
    ESG committees.
  • Lender-mandated reporting, an independent engineer and a model
    auditor through construction.
  • Defined delegation-of-authority, procurement and HSE systems on
    international project-finance standards.

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 GreenH2 Fertiliser Holdings (Pty) Ltd.