Karoo Harvest Produce — Important Disclaimer

This business plan has been prepared by Karoo Harvest Produce (Pty) Ltd (the "Company") for the sole purpose of providing prospective investors with information regarding the proposed commercial onion farming project in Upington, Northern Cape, South Africa.

Karoo Harvest Produce (Pty) Ltd Business Plan › Important Disclaimer

Section 18 · Business Plan

Important Disclaimer

This business plan has been prepared by Karoo Harvest Produce (Pty) Ltd (the "Company") for the sole purpose of providing prospective investors with information regarding the proposed commercial onion farming project in Upington, Northern Cape, South Africa.

This business plan has been prepared by Karoo Harvest Produce (Pty) Ltd (the “Company”) for the sole purpose of providing prospective investors with information regarding the proposed commercial onion farming project in Upington, Northern Cape, South Africa.

The information contained herein has been compiled from sources believed to be reliable and represents the best judgment of the Company’s management as at the date of preparation. However, no representation or warranty, express or implied, is made as to the accuracy, completeness, or fairness of the information presented.

Forward-Looking Statements: This document contains
forward-looking statements, including projections of revenue,
profitability, cash flows, and returns on investment. These projections
are based on assumptions that the Company believes to be reasonable but
are inherently subject to significant business, economic, competitive,
and regulatory uncertainties and contingencies, many of which are beyond
the Company’s control.

Actual results may differ materially from those projected. Prospective investors are advised to conduct their own independent due diligence and seek appropriate professional advice before making any investment decision.

Confidentiality: This document is confidential and
is provided to the recipient on the understanding that it will not be
copied, reproduced, or distributed to any third party without the prior
written consent of the Company. By accepting this document, the
recipient agrees to maintain its confidentiality.
Regulatory Compliance: This business plan does not
constitute an offer to sell or a solicitation of an offer to buy any
securities. Any investment in the Company will be subject to the
execution of definitive legal agreements and compliance with all
applicable South African legislation, including the Companies Act 71 of
2008, the Financial Advisory and Intermediary Services Act (FAIS), and
all other relevant regulations.

Prepared by:

Karoo Harvest Produce (Pty) Ltd

Upington, Northern Cape, South Africa

Date: March 2026

This document contains proprietary and confidential information. Distribution without written consent is prohibited.