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 (leasehold improvements 5-year, blending and packaging equipment 10-year, laboratory and QA equipment 8-year, vehicles 6-year, ERP/IT 4-year); 27% South African corporate tax with assessed-loss carry-forward; and working capital at 14% of revenue. Consistent with the invitation to structure the raise across funding rounds, the plan is funded by a R18 million seed round (Year 1) and a R15 million Series A (Year 3); the base case carries no debt. 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 a debt-capacity overlay were computed independently, and the material findings, customer-acquisition dependence, raw-material cost volatility, competition, and the fully-loaded depreciation and tax that place re-derived profit modestly 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.

Premium Foods South Africa Company (Pty) Ltd · Business Plan & Investment Prospectus · July 2026 · Private & Confidential