We are pleased to share the following information with you, as our client and/or shareholder:

50% INCREASE IN OVK LOYALTY DISCOUNT

We are pleased to announce that the Board of Directors has approved an increase in the loyalty discount from approximately 10% to approximately 15% of the OVK Group’s net profit, effective from 1 March 2017. This adjustment represents a 50% increase in the total monthly value received by bona fide producers through loyalty discounts, in recognition of your loyal support. Definitely something to consider when making purchases and/or delivering products.

Transactions eligible for loyalty discounts:

• All business conducted at OVK outlets (trading stock and direct orders)
• Mechanization (parts, agricultural equipment)
• Insurance (short-term and crop insurance)
• Toyota dealership purchases (new and used vehicles)
• Livestock business (buying and selling, provided that you pay the commission)
• Grain delivered to OVK silos and grain marketed by OVK
• Lucerne and roughage delivered to OVK
• Wool and mohair delivered to OVK

Additionally, you will receive an extra 25 cents per litre on diesel purchases at OVK fuel outlets (excluding depots), provided that you do not pay with a debit, credit, or petrol card.

Loyalty Scheme

Purpose

To reward producers for their loyal support by providing a loyalty benefit, which is converted into OVK shares—offering multiple long-term advantages.

How does it work?

• Bona fide farmers receive a monthly loyalty benefit based on the gross profit amount of their transactions with OVK.
• This benefit is credited to the shareholder’s loan account (Loan Account A).
• The funds in Loan Account A are used monthly to purchase shares in OVK Holdings and/or OVK Operations on the client’s behalf.
• Within three months of receiving the loyalty benefit, the funds will be converted into OVK shares.

What makes this scheme unique?

Clients acquire ownership of OVK shares earned through the loyalty scheme. There is no obligation to retain the shares, and they are available for immediate trading.

Shares (buying or selling) can be traded electronically via the OVK website: www.ovk.co.za.

If you do not have internet access, you may call 051 923 4516 (Monday to Friday, 08h00 – 17h00) for assistance.

Advantages

• You receive a loyalty benefit on your purchases and product deliveries.
• The monetary value of your loyalty benefit is allocated monthly and reflected on your statement.
• You may benefit from an increase in the share price. Your shares also serve as security for credit facilities.
• You receive dividends on the shares you own at year-end, should dividends be declared.

Transactions eligible for benefits:

• Delivery of wool and mohair
• Bulk diesel purchases from OVK distribution centres
• Grain deliveries and marketing
• Purchases at retail outlets (stock and direct orders)
• Livestock transactions (buying or selling, provided that you pay the commission)
• Toyota dealerships in Ladybrand and Ficksburg (vehicle purchases and parts)
• Insurance (short-term and crop insurance)
• Mechanisation (agricultural equipment and parts)
• Delivery of lucerne and fodder

Enquiries

For additional information, please contact our Client Services at:

Tel: 051 923 4598
[email protected]