Executive Summary

Royal BenOc Ventures is pioneering Ghana’s first European-standard, integrated pork processing company. With farming, processing, and distribution under one roof, we are positioned to substitute imports and deliver hygienic, traceable products to retail, foodservice, and regional markets. Ghana’s meat industry is worth over USD 500M, yet pork imports still account for ~40% of demand. Our $3M equity raise will fund facility completion, equipment, cold chain, and working capital, with full commercial launch set for 2026 and breakeven targeted within 18 months. By 2028, we project nearly $20M revenue and EBITDA margins above 20%. This is a first-mover opportunity that delivers strong returns while enhancing food security and creating jobs in Ghana. USD 3M equity raise Use of funds: Facility completion, equipment, cold chain, working capital Exit routes: Trade sale to regional/global meat processor, private equity exit, or IPO Kojo Bentum – Chief Executive Officer & Founder: Ghanaian national with over 28 years’ experience in the UK food processing industry, progressing from factory floor to senior leadership. Combines deep operational expertise in lean manufacturing, GMP, and BRC Grade 'A' food safety standards with intimate knowledge of Ghana’s business culture, regulatory landscape, and operational realities. Shiju Varghese – Chief Financial Officer & Co-Founder: strategy and corporate finance professional with over 20 years’ experience in M&A, capital raising, and advisory roles. Founded and scaled Tower Vision India to secure $600M institutional investment, advised an Angolan telecom operator on market expansion and diversification, a top-3 Brazilian meat processor on European expansion, and has been strategy adviser to a UK-based meat manufacturer since 2023. Founded in 2022, Project Panda has already made founder investments worth some $250,000 towards land, initial breeding stock, site infrastructure, and early equipment procurement. Full commercial operations are set to launch in 2026. The Ghanaian and wider West African meat markets are on a strong upward trajectory. Key market drivers include: • Growing Demand: Ghana's population growth and increasing urbanization are fueling a consistent rise in demand for animal protein. The national pig population stood at nearly 850,000 in 2022, and pork production is forecast to grow at a CAGR of 0.77% through 2028. Overall pork consumption is projected to increase to 28,700 metric tons by 2026. • Import Dependency: The majority of processed pork consumed in Ghana is imported, primarily from the EU (Belgium, Poland, Germany). In 2023, the average import price was $870/ton. This presents a clear opportunity for import substitution with high-quality, locally produced alternatives that are competitively priced and readily available. • Fragmented Local Supply: The local pork industry is dominated by small-scale, unorganized farmers with limited access to modern techniques, quality feed, and proper cold chain infrastructure. This results in inconsistent supply and quality, a gap that Project Panda is perfectly positioned to fill. • Government Support: The Ghanaian government actively supports the agricultural sector through initiatives like "Rearing for Food and Jobs," aiming to modernize livestock production and reduce the national import bill.