Investor Presentaiton
Specific Bega Investment Risks
Bank debt facilities and covenants
Bega utilises debt to partially fund its business operations and may need to access additional debt financing to grow its operations. If Bega is unable to refinance, repay or renew its debt facilities or otherwise obtain
debt finance on favourable terms, Bega may not meet its growth targets, which may adversely impact its financial performance.
If Bega's operational and financial performance declined, it could lead to a breach of its banking covenants. If Bega breaches its covenants, its financiers could enforce their rights under the debt facilities and this may
result in them requiring immediate repayment and therefore, this may have a materially adverse effect on Bega's financial performance and position.
Competition risk
Bega's financial performance or operating margins and the value of Bega could be materially adversely affected if existing competitors increase market share or new competitors enter the market.
Such competition may have the effect of decreasing Bega's sales, pricing and profit margins.
Reliance on key personnel
Bega is committed to providing an attractive employment environment, conditions and prospects to assist in retaining its key senior management personnel. However, there can be no assurance that Bega will be able
to retain these key personnel. The loss of key personnel or the inability to recruit and retain high calibre staff could have a material adverse effect on Bega. The additions of new employees and the departures of
existing employees, particularly in key positions, can be disruptive and could also have a material adverse effect on Bega.
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