Designed to Perform

Designed to Perform Delivering attractive, stable & sustainable shareholder returns through selective risk mitigated investments Experienced, well-resourced Strong & broad African management exposure Talented team Margins of Safety 01 team, in-country management, Hard currency alignment of interests. 02 Repatriation of funds Robust risk mitigation 03 Political risk & macro-economics Consistent performance 9 consecutive dividend payments Quality portfolio Diversification, investment grade Relationship strength Joint ventures, access to pipeline 16 04 Land tenure 05 Ability to raise debt 06 Counterparty Compelling USD returns High quality long-term hard currency income Blue-chip multinational tenants Mauritius grit

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