ABOUT. CIEL Agro and Property is the cluster of CIEL Limited that

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1 FACTSHEET

2 ABOUT CIEL Agro and Property is the cluster of CIEL Limited that regroups all the agricultural and property investments and activities of the Group. CIEL has gradually diversified in the property sector while remaining a key stakeholder in the agro-industry sector. CIEL Agro & Property includes its 20.96% shareholding in Alteo Limited, a listed company on the Official Market of the Stock Exchange of Mauritius ( SEM ) since CIEL Agro and Property - March

3 ABOUT Also part of the CIEL Agro & Property cluster is Ferney Limited, an important agricultural land-owner (3,000 hectares) situated close to the airport on the South East coast of Mauritius and Ebene Skies Limited, a six level building where CIEL is headquartered. CIEL Agro and Property - March

4 3,000 ha of land located in the South East region of Mauritius 200 ha of nature reserve KEY FACTS +6,000 employees 7,800m 2 of office space 3 sugar factories 3 power plants 100+ years experience Key Partner Operations in 3 countries Mauritius Tanzania Kenya The world s 3rd largest sugar group co-investing with us in Africa. CIEL Agro and Property - March

5 20.96% CIEL AGRO & PROPERTY Main Investments (% ownership) 71.06% 100% 100% CIEL Agro and Property - March

6 CIEL AGRO & PROPERTY KEY MILESTONES Acquisition of Deep River sugar estate by Adrien Dalais and children Acquisition of L Etoile sugar estate, by Deep River Acquisition of Beau Champ Sugar Estate by Deep River and Partners (became Deep River - Beau Champ Ltd) Investment in Ireland Fraser Acquisition of Ferney Sugar Estate and centralisation of operations on Deep River-Beau Champ Investment in CEL power generation at DRBC Acquisition of TPC Ltd in Tanzania, in joint venture with Groupe Quartier Français from Reunion Island now known as Tereos CIEL properties set up Anahita IRS Project on East Coast of the Island CIEL Agro and Property - March

7 CIEL AGRO & PROPERTY KEY MILESTONES (Continued) Investment of USD 35M in TPC to increase capacity Opening of Anahita, a luxury property complex in the east coast of Mauritius Amalgamation of Flacq United Estates Limited (FUEL) with and into Deep River- Beau Champ Limited, renamed Alteo Limited, listed on the Official Market of the Stock Exchange of Mauritius Amalgamation of CIEL Investment Ltd with and into Deep River Investment Ltd, to form a new entity renamed CIEL Limited. CIEL restructures with five clusters namely: CIEL Textile CIEL Agro & Property CIEL Finance CIEL Healthcare CIEL Hotels & Resorts Alteothrough Sucrière des Mascareignes Limited, Acquires 51% stake of Transmara Sugar Company Limited CIEL Agro and Property - March

8 PORTFOLIO 20.96% Alteo is the largest sugar producer in Mauritius and a key player in the region. Its three sugar factories in Mauritius, Tanzania and Kenya process 330,000 tons of sugar annually. In addition, Alteo owns and operates three power plants (two in Mauritius, one in Tanzania) using a mix of bagasse and coal and producing approximately 456 GWh, partly exported to the grid. Furthermore, Alteo is also the owner and developer of Anahita, a luxury real estate sanctuary located on the East coast of Mauritius, a part of the island where it also owns 15,400 hectares of land (of which 11,250 are used for sugarcane cultivation). CIEL Agro and Property - March

9 PORTFOLIO 71.06% Ferney Limited is a large agricultural land owning company. Together with the Government of Mauritius, Ferney Limited is the main sponsor of La Vallée de Ferney, a 200 hectares nature reserve sheltering a unique biodiversity of over 100 plant species and numerous vertebrate and invertebrate species as well. CIEL Agro and Property - March

10 PORTFOLIO 100% CIEL Properties is an asset management and property development Company specialised in building asset management, project development and property management. Currently CIEL Properties manages the assets of four companies and assists group companies in their future property development projects. CIEL properties is also currently working on a Master plan development in the Ferney region to develop the existing land owned by Ferney LTD to unlock the potential value of those assets. CIEL Agro and Property - March

11 PORTFOLIO Ebene Skies Limited is the owner of Ebène Skies, a six level building which hosts the headquarters of CIEL Limited. Part of the building is also rented to other group companies and tothird parties % CIEL Agro and Property - March

12 EXECUTIVE TEAM Patrick d Arifat Jean-Marc Rivet CEO Alteo Limited General Manager of Ferney Limited, CIEL Properties and Ebene Skies CIEL Agro and Property - March