Siyanda Agro-Processing – Business Plan

Investment-grade business plan for Siyanda Agro Processing & Exports (Pty) Ltd — a ZAR 1.25-billion blended-finance programme (55% equity, 30% senior debt, 15% concessional) to build an integrated agro-processing, contract-farming and export enterprise in the Eastern Cape, scaling revenue from R643 million to R3,362 million by Year 5 at a ~51% CAGR, with the EBITDA margin expanding from 15% to 30% and a return on equity reaching ~30%.

Confidential Business Plan & Investment Memorandum

Siyanda Agro-Processing

An integrated agro-processing, contract-farming and export enterprise in the Eastern Cape — spanning a contract-grower network, fruit and vegetable processing and manufacturing, an export cold chain and a brand and retail division — structured as an investment-grade ZAR 1.25-billion opportunity for development-finance institutions, senior lenders and equity investors.

Legal Entity

Siyanda Agro Processing & Exports (Pty) Ltd

Location

Eastern Cape, South Africa

Total Funding

ZAR 1.25 billion

Structure

55% equity + 30% senior debt + 15% concessional

Revenue (Yr1 → Yr5)

R643m → R3,362m

Revenue CAGR

~51%

EBITDA Margin (Yr1 → Yr5)

15% → 30%

Return on Equity (Yr5)

~30%

Permanent Jobs (Yr1 → Yr5)

320 → 1,150

Sector

Agriculture — Agro-Processing & Export

The Opportunity

South Africa’s fresh-produce sector is large, export-oriented and growing — the citrus industry alone packed 3.05 million tonnes (203.4 million cartons) in 2025, up 22% — yet much of the crop still leaves the country as unprocessed raw produce, leaving the higher-margin processing, packing and branded-export value to be captured. Siyanda Agro-Processing addresses this with a vertically integrated, four-layer model — a contract-grower network, fruit and vegetable processing and manufacturing, an export supply chain and cold chain, and a brand and retail division — anchored in the Eastern Cape. A ZAR 1.25-billion blended-finance programme (55% equity, 30% senior commercial debt and 15% concessional development finance from the IDC and Land Bank) funds plant construction, processing and packaging lines and cold-chain infrastructure, scaling revenue from R643 million to R3,362 million by Year 5 at a ~51% CAGR, lifting the EBITDA margin from 15% to 30%, reaching a return on equity of around 30% by Year 5, maintaining debt-service cover above lender covenant floors and creating 1,150 permanent jobs.

Plan Contents

This investor-grade business plan is organised into the sections below. Each section is a dedicated page — select any to explore the full detail.

Confidentiality & Disclaimer

This business plan (the “Plan”) has been prepared by
the management of Siyanda Agro Processing & Exports (Pty) Ltd (the
“Company”) solely for the purpose of providing
prospective investors and lenders with information to assist them in
evaluating a potential investment in, or financing of, the Company. It
does not constitute an offer or invitation to subscribe for or purchase
any securities and shall not form the basis of any contract.

The financial projections contained in this Plan are based on
assumptions that management believes to be reasonable as at the date of
preparation. They necessarily relate to events and depend on
circumstances that may occur in the future. Actual results may differ
materially from those projected. Forward-looking statements are subject
to risks including, but not limited to, climatic variability,
exchange-rate movements, commodity-price volatility, regulatory change,
trade-tariff developments and execution risk. No representation or
warranty, express or implied, is made as to the accuracy or completeness
of the information herein.

Industry and market statistics cited in this Plan are drawn from
publicly available third-party sources, including Statistics South
Africa, the Agricultural Business Chamber (Agbiz), Mordor Intelligence,
FreshPlaza trade reporting and the Citrus Growers’ Association. While
management considers these sources reliable, their accuracy is not
independently verified. Recipients should conduct their own due
diligence and obtain independent professional advice before making any
investment decision.

Document control Prepared by: Management, Siyanda Agro Processing & Exports (Pty) Ltd Date of issue: May 2026 · Status: For financing discussions · Review cycle: Quarterly Currency: South African Rand (ZAR). Figures in financial tables are stated in ZAR thousands unless otherwise noted.

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 Siyanda Agro Processing & Exports (Pty) Ltd.