Strategic Plan

CENTUM 1.0 | 2004 – 2009: PASSIVE PORTFOLIO INVESTOR TYPICALLY TAKING MINORITY POSITIONS ON NSE

The investment approach is as a portfolio manager spread across 10 sectors, interested primarily in acquisition of minority stakes in market leaders and publicly traded securities across non- distinct sectors within East Africa.

Centum’s Quoted Private Equity (QPE) approach is to invest Centum’s proprietary capital in publicly-traded securities on exchanges across Africa.

CENTUM 2.0 | 2009 – 2014: ACTIVE PORTFOLIO INVESTOR WITH VALUE CREATION ACTIVITIES

Strategic plan re-organizes the Company into three distinct business lines: Private Equity (PE), Quoted Private Equity (QPE) and Real Estate (RE) with a Pan-African focus.

On Private Equity, the investment approach involves a traditional PE investor with interests primarily in acquisition of a controlling or minority stake in market leaders in identified sectors.

On Real Estate, the approach involves master-planning and developing urban nodes within the region.

On QPE, the approach involves Centum’s proprietary capital being invested in publicly-traded securities on exchanges across Africa.

CENTUM 3.0 | 2014 – 2019: DEPLOY, DEVELOP AND MANAGE COMPANIES

Business model is adapted to incorporate Centum as a project sponsor and developer of investment grade assets across eight key sectors.

Asset development undertaken through leverage of third-party capital, project specific debt and internal resources and thereafter realizing gains on partial or full exit through the sale of the investment grade assets to downstream investors at a significant value uplift.

CENTUM 4.0 | 2019 – 2024: SUSTAINABLE GROWTH

Re-organisation of business model to decentralize core operations into three key business lines; Private Equity; managed by Centum Capital, Real Estate; managed by Centum Real Estate; and Marketable Securities; managed by Nabo Capital.

Centum will focus on creating sustainable growth and stabilization across each of its business lines.