Methodology and basis of preparation

This plan was prepared from the sponsor brief with headline revenue and EBITDA preserved exactly. All statements below EBITDA were independently modelled: component depreciation from the capex register (tankers 7-year, storage tanks 10-year, depot leasehold 5-year, workshop and mobile-treatment 8-year, GPS/IT 4-year); interest on vehicle asset finance at 13.0%; 27% South African corporate tax with assessed-loss carry-forward; and working capital at 12% of revenue. Consistent with the invitation to structure the raise across funding rounds and the brief’s equity-and-debt basis, the plan is funded by a R16.5 million Series A (Year 1) and a R14 million Series B (Year 3), each blending equity and asset finance. The income statement, balance sheet and cash flow are integrated so the balance sheet ties to zero in every year, enforced by an automated assertion (maximum difference: 0.0). Returns, scenarios, sensitivities and debt-service cover were computed independently, and the material findings, the contract-and-utilisation swing factor, municipal policy and payment risk, fuel-cost sensitivity, the sector’s trust deficit, water-quality and sourcing risk, and the re-derived profit running below the sponsor’s illustrative figures, are disclosed explicitly rather than smoothed. Market statistics are directional estimates from public industry sources current to mid-2026 and should be re-verified in due diligence. This document is not an offer of securities.

BluePeak Water Logistics (Pty) Ltd · Business Plan & Investment Prospectus · July 2026 · Private & Confidential