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Private Placement Memorandum - Agrimex Capital

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INVESTMENT TERMS AND WATERFALL<br />

Investment terms in <strong>Agrimex</strong> <strong>Capital</strong><br />

General Partner <strong>Agrimex</strong> <strong>Capital</strong><br />

Fund Size USD 14 million<br />

Investment Region Chiapas and Tabasco (México)<br />

Investment Period 7 years (two one-year extensions)<br />

Preferred Return 5%<br />

Project yearly projected return IRR 30%<br />

Yearly principal payment (possible, decided by 10%<br />

management)<br />

Objective investments New and developed banana plantations<br />

Minimum investment ticket in Fund USD 100,000<br />

*The first payments to investors will be paid quarterly, following the start of the sales<br />

process.<br />

The payment structure of the investment is as follows:<br />

Waterfall<br />

Investment Returns<br />

Dividend Payment 75% of net profits Annually<br />

Principal Payment (possible) 10% of principal Annually<br />

Total payment of principal Year 7<br />

Term of investment 7 years<br />

HISTORICAL RETURNS AND INVESTOR EXPECTATIONS<br />

Frequency<br />

Historically, the return of banana production in the Chiapas region has ranged between<br />

37% and 46% before taxes, with a 42% average return. These returns are based in a range<br />

of production between 3,000 and 3,500 boxes by hectare, with an average of 3,250 boxes.

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