24 June 2024 “FOR IMMEDIATE RELEASE”

Clarification Regarding the Presidential Goat Scheme Procurement

In light of recent media reports and allegations, Blackdeck (Private) Limited feels compelled to issue
, this statement to set the record straight and provide accurate information regarding the Presidential
Goat Scheme.

Background

Blackdeck (Private) Limited participated in the tender process conducted by the Ministry of Lands, Agriculture, Water, Fisheries and Rural Development alongside three other companies. It was awarded
the tender as the lowest bidder meeting the required specifications.

On November 16, 2021, Blackdeck entered into a contract with the Ministry of Lands, Agriculture, Water, Fisheries and Rural Development to supply goats over a five-year period.

Key Contract Terms
 Supply of goats: 15,557 Mashona Buck, 16,444 Matebele Buck, 360,895 Mashona Doe, and
239,105 Matebele Doe over five years.

 Year 1 supply: 3,113 Mashona Buck, 3,292 Matebele Buck, 72,179 Mashona Doe, and 47,821
Matebele Doe.

 Payment terms: RTGS (not USD) as per Clause 29.2 of the contract. Payments Received & Its Use

 Cumulatively total payments recieved amounted to RTGS 1,600,000,000.00 (One billion and six
hundred million ) (approximately USD $4,282,885.45 at the interbank rate).

 The funds were used to cover the procurement of the goats, set up holding pens and goat centers, provide vaccination & general veterinary service to the goats, logistics to different provinces, security, feeding of the goats whilst in quarantine, tagging and salary and Labour related costs of
the the employees amongst many other costs and expenses.

Contract Status

Cattle,Pigs,

On the 19th August 2022 the Ministry of Lands, Agriculture, Water, Fisheries and Rural Development
wrote to Blackdeck informing them of cancellation of contract for its convenience. Despite the Ministry’s purported cancellation, Blackdeck has so far supplied over 5,000. Negotiations regarding the cancellation are ongoing, and Blackdeck remains committed to fulfilling its
contractual obligations.

Clarifications

 Mr. Mike Chimombe is not a shareholder or director of Blackdeck (Private) Limited. He is not a
signatory to any Blackdeck accounts

 We did not receive USD $40,000,000 from the Government of Zimbabwe.

 Our tender was awarded based on our lowest bid meeting specifications, and we take exception to
allegations of corrupt practices.

Conclusion

Blackdeck (Private) Limited is committed to transparency and accountability. We hope this statement
clarifies the facts and sets the record straight. We will continue to engage with stakeholders to resolve
any outstanding matters.

Public Relations
Blackdeck (Private) Limited