Edita Company Presentation

Disclaimer edita This presentation ("Presentation") is provided subject to the following obligations and limitations. This Presentation and the information contained therein have been prepared by Edita Food Industries S.A.E. (the "Company") in relation to the proposed initial public offering (the "Offering") of the Company's ordinary shares (the "Shares") by Africa Samba B.V. and Exoder Limited (each, a "Selling Shareholder", and collectively, the "Selling Shareholders"), and has not been independently verified by EFG-Hermes Promoting & Underwriting and/or Goldman Sachs International (each a "Joint Global Coordinator" and collectively, the "Joint Global Coordinators"). This Presentation (references to which and to any information contained herein shall be deemed to include information that has been or may be supplied in writing or orally in connection herewith or in connection with any further enquiries) is for the exclusive use of the persons to whom it is provided. It is not intended to form the basis of any agreement, transaction or action (or omission or failure to make any agreement, transaction or take action). This Presentation does not constitute or contain an offer or invitation to take any action (or failure or omission to do so) and neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any contract, document or commitment whatsoever. This presentation is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. In particular, this presentation and the information contained herein does not constitute an offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in the United States. This presentation may not be distributed, except (i) to persons in the United States that are qualified institutional buyers as defined in Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act"), or (ii) to persons who are outside the United States in accordance with Regulation S under the Securities Act. The securities proposed to be offered have not been, and will not be, registered under the Securities Act or the securities laws of any state of the United States and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws. There will be no public offer of securities in the United States. In any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") other than the United Kingdom, this Presentation is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive ("Qualified Investors"). In addition, in the United Kingdom this Presentation is only being distributed to and is only directed at (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order or (iii) persons to whom it may otherwise be lawful to communicate it to (all such persons in (i), (ii) and (iii) above together being referred to as "relevant persons"). Any investment or investment activity to which this Presentation relates is available in the United Kingdom only to relevant persons and in any member state of the EEA other than the United Kingdom only to Qualified Investors and will be engaged in in the EEA only with such persons. Any person in the EEA who is not either a relevant person or a Qualified Investor should not act or rely on this Presentation or any of its contents. This Presentation is being distributed for informational purposes only and is subject to amendment. Investors should not make any investment decision based on, or purchase for any securities referred to herein on the basis of, this Presentation. By accepting receipt of this Presentation you will be deemed to have agreed that any such decision or purchase should only be made, and will be deemed to have been made, on the basis of information contained in the preliminary offering memorandum, as supplemented, or the final offering memorandum, when they are available. No representation, warranty or undertaking is made hereby or is to be implied by any person as to the completeness, accuracy or fairness of the information contained in the Presentation and neither we nor any of the Joint Global Coordinators (or any their respective affiliates) accepts any liability or responsibility whatsoever in respect thereof. None of EFG Hermes Promoting & Underwriting, Goldman Sachs International or any of their respective subsidiary undertakings, affiliates or any of their respective directors, officers, employees, advisers, agents or any other person accepts any responsibility or liability whatsoever, or makes any representation or warranty, express or implied, for the contents of this Presentation, including its truth, accuracy, completeness, verification or fairness of the information or opinions in this Presentation (or whether any information has been omitted from the Presentation) or any other information relating to the Selling Shareholders, the Company and each of their respective subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this Presentation or its contents or otherwise arising in connection therewith. The Company, the Selling Shareholders, the Joint Global Coordinators and their respective direct or indirect owners, directors, officers, employees, agents, representatives and/or advisers expressly disclaim any and all liability that may arise from this Presentation and any errors contained therein and/or omissions therefrom or from any use of this Presentation or its contents or otherwise in connection therewith. Any projections, estimates, forecasts, targets, prospects, returns and/or opinions (including, without limitation, projections of revenue, expense, net income or share performance) contained in this Presentation involve elements of subjective judgement and analysis and are based upon the best judgement of the Company as of the date of this Presentation. Any valuations, forecasts, estimates, opinions and projections expressed in this Presentation are subject to change without notice. No representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on, any valuations, forecasts, estimates, opinions and projections contained in this document. In all cases, recipients should conduct their own investigation any analysis of the Company and the information contained in this Presentation. Neither the Company nor any other person gives any undertaking, or is under any obligation, to update these forward- looking statements for events or circumstances that occur subsequent to the date of this Presentation or to update or keep current any of the information contained herein and this Presentation is not a representation by the Company or any other person that they will do so. By accepting this Presentation the recipient has agreed, upon request, to return promptly all material received from the Company (including this Presentation) without retaining any copies. The Presentation speaks as at the date hereof and in furnishing this Presentation, neither the Company nor any other person gives any undertaking or are under any obligation to provide the recipient with any additional information or to update, revise or re-affirm this Presentation or to correct any inaccuracies therein which may become apparent and this Presentation is not a representation by the Company that they will do so. This Presentation does not create an obligation on the Company to consider any offer. Nothing in this Presentation constitutes advice or recommendation to act (or omit to act) in any way and no information that may be contained herein have been based upon a consideration of the objectives, financial situation or particular needs of any specific recipient. By accepting this Presentation, the recipient represents that it is able to receive it without contravention of any legal or regulatory requirements or restrictions in the jurisdiction in which resides or conducts business. The Company, its subsidiaries, their respective directors, officers or agents and advisers, expressly disclaims any liability to any person in relation to the distribution or possession of the Presentation in any jurisdiction. In no circumstances will the Company, the Selling Shareholders, the Joint Global Coordinators or any of their respective direct or indirect owners, directors, officers, employees, agents, representatives or advisers be responsible for any costs or expenses incurred in connection with any appraisal or investigation of the Company or for any other costs and expenses incurred by any recipient of this Presentation. Any prospective party who may wish to evaluate the Company for any investment opportunities is recommended to seek its own financial and other professional advice. The Joint Global Coordinators and/or their affiliates may from time to time have positions in, and buy or sell loans, securities and investments identical or related to those mentioned in this presentation. The information contained in this document is provided as at the date of this document and is subject to change without notice. This presentation has been prepared solely for use at the meeting where this document is presented and may not be taken away, reproduced, retransmitted or further distributed to any other person or published, in whole or in part, by any medium or in any form for any purpose. By attending this presentation, you are agreeing to be bound by these restrictions. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. 2