Padenga Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023

Padenga Holdings Limited is a Zimbabwe-based company, which is engaged in the production and rearing of crocodiles and alligators, the sale of Nile crocodile and alligator skins and meat to local and international customers and gold mining. It has three farms, Kariba Crocodile Farm (KCF), Nyanyana Crocodile Farm (NCF) and Ume Crocodile Farm (UCF). KCF is situated on land leased from the Zimbabwe Parks & Wildlife Management Authority and has an annual production capacity of approximately 15,300. NCF is also situated on land leased from the ZPWMA and has an annual capacity of approximately 15,300 skins. UCF is situated at a remote location on the Ume River estuary, approximately 65 kilometers across the Lake and west of KCF and NCF. UCF has an annual production capacity of approximately 15,300 skins. Its segment includes crocodiles’, alligators and mineral output. Crocodile farming is based in Zimbabwe. Alligator farming is based in the United States. Mining is based in Zimbabwe.