Investor Presentaiton

Cotton processing Top 3 players own 85% of ginning capacity, Olam is #4 with 11% Organization of the sector Organization: The Ivoirian Cotton sector is organized in zones each one led by an organization which controls production (supply of intrants to farmers), purchasing, transformation and export. Production/Ginning: Ivoire Coton and COIC control 68% of the production and have 65% of the ginning capacity. Olam owns 11% of the ginning capacity in its two facilities located in the North of Côte d'Ivoire. Ginning capacity of key players in the sector Company Facility District Capacity (tons/year) Share (%) Boundiali (2) Savanes Ivoire coton Dianra Woroba 205,000 32.3% M' Bengue Savanes Korhogo (4) Savanes 155,000 24.4% COIC2 Lataha Savanes 50,000 7.9% Bouake Vallee du Bandama CIDT1 130,000 20.5% Fabric Manufacturing: a limited number of spinning and weaving facilities are run by Uniwax and Seritex to produce decorated fabric (wax "pagne"). Mankono Seguela Woroba Woroba Ferkessedougou Savanes 70,000 11.0% SECO³ Olam Ouangolodogou Gonfreville Savanes Global cotton Vallee du Bandama 25,000 3.9% Opportunities for the private sector Potential opportunities for the private sector in fabric manufacturing leveraging the sustainable nature of Ivorian cotton (hand-picked, rain-fed, use of limited chemical). Sector was deprioritized due to lower interest from Japanese companies 1. CIDT- Compagnie Ivoirienne pour le Developpement du Textile (CIDT) 2. COIC - Compagnie Ivoirienne de Coton 3. SECO-OLAM - Societe d'Exploitation Cotonniere 4. Failure to provide intrants to farmers can result in suspension of the Agreement (SICOSA was removed from the zoning due to its failure to fulfill its obligations) Source: InterCoton; USDA (2020), World Bank (2020) 109

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