PrimePork Foods Business Plan › Section 2 › Company Overview

2.1 Corporate profile

2.2 Vision and mission

Vision. To become a leading integrated South African
pork processor and a scalable, export-oriented cold-chain protein
platform.

Mission. To source biosecure, high-health-status
pork and convert it — using Danish-European deboning specifications,
export-grade hygiene systems and an integrated cold chain — into premium
fresh, processed and export products for retail, food-service and
international customers, creating durable agro-industrial
employment.

2.3 Strategic logistics positioning

The Gauteng industrial corridor is chosen deliberately: it sits at
the centre of South Africa’s largest consumer market and
retail-distribution network, adjacent to major highways, OR Tambo
International Airport (for air-freight export of high-value cuts) and
national cold-chain routes. Proximity to compartmentalised, Pork
360-certified producers secures biosecure carcass supply, while the
airport and highway access underpin both national distribution and the
export ambition from Year 2.

2.4 Legal and ownership structure

At financial close the Company will be capitalised with R145 million
of equity (R105 million from agricultural private-equity investors and
R40 million of sponsor equity), R145 million of IDC senior debt and R95
million of DBSA development debt. A management incentive pool and a
B-BBEE ownership structure — consistent with the sector’s fast-growing
BBBEE processing models — are contemplated to satisfy DFI development
mandates and support enterprise-development scorecard elements.

2.5 The investment timing thesis

Four factors converge to make 2026–2027 an attractive entry window.
First, demand resilience: pork is the only meat gaining per-capita
consumption in South Africa, structurally advantaged as the affordable
protein in a constrained consumer economy. Second, feed relief: after
the drought-driven spike of 2024, a maize crop roughly 23% larger and a
near-50% larger soybean crop in 2025 are pushing feed prices below 2024
levels — the single largest cost in pork production — improving the
economics of the whole value chain into 2026. Third, industrialisation
and formalisation: the sector is consolidating around biosecurity,
traceability, export compliance and value addition, favouring scaled,
certified processors over fragmented incumbents. Fourth, DFI appetite:
agro-processing and industrialisation are explicit IDC and DBSA
priorities.

The corollary is stated honestly: the same disease environment that
constrains supply (ASF and FMD outbreaks) is a direct operating risk to
a processor dependent on consistent carcass throughput, and the 2032
gestation-crate phase-out will raise sourcing costs over time. The
plan’s biosecure, Pork 360-certified sourcing strategy and
multi-supplier approach are the direct responses, and the downside
scenario (Appendix D) prices a combined disease-and-demand shock
explicitly.

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 PrimePork Foods South Africa (Pty) Ltd.