AWIBI

We are a global group working to build a more inclusive and sustainable world where all people, everywhere, can reach their fullest potential. Our Investment Philosophy is premised on the following key foundational pillars: • Transformational Empowerment – we seek to promote economic empowerment and wealth creation for African women through diligent selection of and assiduous shareholder activism within African assets. We seek downstream women participation opportunities in the related value chains and distribution channels of all our investments. • Capital Preservation Focus – we are resolute in maintaining strong investment underwriting to ensure that we protect the downside of all investments we look after. This is further anchored through our pursuit of asset-backed or asset-intensive investment opportunities. • Yield Maximization – we relentlessly pursue the attainment of return maximization for a given set of risk constraints throughout the investment and economic cycles, taking into account the investment risk constraints of safety and liquidity needs. • Liquidity – the investment portfolio shall remain sufficiently liquid to meet all operating requirements that may be reasonably anticipated Our Sector Focus We will pursue equity investments in qualifying companies and operations in the following sectors: 1. Water Infrastructure 2. Energy AND Renewable Energy 3. Mining and Beneficiation 4. Transport and Logistics 5. Agriculture and Agro-processing 6. Information and Communications Technology 7. Manufacturing and Processing Further to this, qualifying companies must have the following attributes: • The company must have a strong management team • The company must be scalable and capable of delivering profit within a three-year period. • Investments will be between R1 000 000 (one million rand) and R400 000 000 (four hundred million rand). A maximum of 20% of the share capital will be invested in any one investment.