PEREGRINE TREASURY SOLUTIONS While the roots of the business lie in foreign exchange execution, Peregrine Treasury Solutions has transformed to offer clients a holistic treasury solution. Core to this evolution is an appreciation for the way technology has changed society, as well as the face of business. In line with the greater Group focus, Peregrine Treasury Solutions has set up strategic partnerships with a number of esteemed technology partners to ensure a modern, efficient and sustainable solution. Founded in 2004 Late in 2012 Peregrine Treasury Solutions became a member of the Peregrine Group. The company was formed to service inhouse foreign exchange requirements which stemmed from asset and wealth management transactions. Over the past 18 months the structure, team and services have transformed, making Peregrine Treasury Solutions a market leader in the treasury and foreign exchange management industry. Peregrine Treasury Solutions is registered with the Financial Services Board and the South African Reserve Bank. National footprint During the first half of 2017 Peregrine Treasury Solutions acquired the total shareholding in a dynamic treasury outsource company, IMPEX Treasury Solutions. IMPEX was established in 2004 and has since grown into a reputable foreign exchange risk management company. Its core business is providing importers, exporters, fund managers and private individuals with advice and solutions to minimise currency risk. PAARL PRETORIA JOHANNESBURG Over and above the human capital benefit of this transaction, the outcome has translated into a more comprehensive treasury service offering in the corporate and institutional space. In addition, the move has expanded the Peregrine Treasury Solutions footprint, which now boasts three offices countrywide, two in Gauteng and one in the Western Cape. CLIENTS Private Clients Individual clients making use of foreign allowances for investment, travel and other purposes. This service includes the application of tax clearance certificates at our cost. Corporates Small- to medium-sized enterprises which import or export goods and services. This service includes the streamlining of the foreign exchange administrative process. Institutional Large financial and corporate institutions that import and export goods or services. Clients include wealth managers, corporate finance consultancies and listed entities. This service includes obtaining complex banking and exchange control approval on behalf of institutions. PAGE 1
PEREGRINE TREASURY SOLUTIONS - THE TEAM Andries du Toit MANAGING DIRECTOR Andries heads up the combined businesses of Peregrine Treasury Solutions and IMPEX. He qualified as a chartered accountant after completing his degree at the University of Pretoria and his honours degree at the University of South Africa (Unisa). Andries has played an intricate role in the development and growth of key Peregrine Group subsidiaries over the past 19 years. Paul Coetzee MANAGEMENT AND DIRECTOR Paul completed his BSc degree through the University of Stellenbosch, and his Registered Persons Examinations through the South African Institute for Financial Markets. He gained exceptional experience and knowledge being the former managing director of Ocean Agri Science. He has extensive involvement in consulting with companies in the agricultural sector and has over 20 years experience in the importing, exporting and commodity field. Paul joined the Peregrine Treasury Solutions team as a director of IMPEX. Paul Muller MANAGEMENT AND DIRECTOR Paul completed his honours degree in economics through the University of Stellenbosch and obtained his SAFEX license through the South African Institute for Financial Markets. He has 20 years experience in the banking industry having worked at various institutions in the United Kingdom and South Africa. Paul was a founding member and managing director of IMPEX. Paul joined the Peregrine Treasury Solutions team as a director of IMPEX. Brandon Marshall MANAGEMENT AND DIRECTOR Brandon completed a diploma in finance through the Financial Academy of SA as well as an ACI dealership certification. He gained hands-on experience working his way through the ranks of some of the most reputable banks. His expertise lies in foreign exchange and money markets. PAGE 2
PEREGRINE TREASURY SOLUTIONS - THE TEAM (CONTINUED) Riaan Pretorius SOLUTIONS Riaan obtained a qualification in business management, as well as forex and derivative products through the South African Institute for Financial Markets. He has been involved in the facilitation, structuring and execution of cross-border transactions for the past 12 years and, at a more technical level, in the marketing and optimising of treasury and payment solutions for corporates across Sub- Saharan Africa. Melisa Rosenberg OPERATIONS Melisa completed her business computing diploma through College Campus. She is currently studying towards completing the Registered Persons Examination. She has 14 years experience in the forex market and specialises in back office processing of transactions. Bianca Botes MANAGEMENT Bianca completed her degree in economics through Unisa, in conjunction with the Registered Persons Examination. She is currently studying towards her chartered financial analyst qualification. Bianca has been in the financial industry for seven years and specialises in corporate and institutional treasury. PAGE 3
PEREGRINE TREASURY SOLUTIONS - THE OFFERING ADVICE TECHNOLOGY PRIVATE CLIENTS CORPORATES INSTITUTIONAL EXECUTION ADMINISTRATION ADVICE MANAGING YOUR TREASURING RISK Risk management Peregrine Treasury Solutions is committed to identifying, advising on and mitigating risks associated with dealing in financial markets. The team specialises in advising companies on the structuring and management of their unique treasury and hedging policies. Services include: Hedging strategies. Limit orders. Facilitation of various financial products such as derivatives. Market research Peregrine Treasury Solutions offers clients analysis and industry insight, thereby empowering them with the knowledge and relevant up-to-date market information to make informed decisions. Regular communication takes the form of: Daily data and commentary. Weekly market overview. In-house economic research. PAGE 4
PEREGRINE TREASURY SOLUTIONS - THE OFFERING (CONTINUED) Banking An in-depth knowledge of, and close relationships with, the banking industry enables Peregrine Treasury Solutions to advise clients on a range of banking solutions: from working capital to forward facilities and various other credit lines. EXECUTION COMPETITIVE EXCHANGE RATES Through collective client portfolios, first-hand knowledge of the market and continuous intra-day market analysis, Peregrine Treasury Solutions is able to achieve extremely competitive exchange rate prices from financial institutions. These competitive rates are applicable to: Over-the-counter products (spot transactions and forward cover). Derivatives markets. Futures markets. ADMINISTRATION SEAMLESS END-TO-END SOLUTION Our team of administration experts take care of the full foreign exchange rate transaction from instruction to settlements, compliance to reporting. TECHNOLOGY TREASURY MANAGEMENT SYSTEM (TMS) Fees are calculated in rand and are not based on the number of users. Audit trail of the transaction Automation and capturing of all treasury transactions, which: Integrates seamlessly with accounting software and enterprise resource planning (ERP) systems. Generates international financial reporting standards (IFRS)-compliant reports for every transaction, thereby eliminating double capturing. Ensures auditors have direct access to the platform to review transactions. Provides a record of every transaction and the complete history of every change effected on the transaction. Reduces fraud and data manipulation. PAGE 5
PEREGRINE TREASURY SOLUTIONS - THE OFFERING (CONTINUED) Cash visibility Peregrine Treasury Solutions TMS approach is revolutionary in the treasury environment. It provides clients with a real-time consolidated view of their financial position and financial markets in order to manage business risk with accurate forecasting and better decision-making. Immediate access to financial exposures and hedging is critical and also results in cost savings. The Peregrine Treasury Solutions TMS approach ensures: A holistic view of your entire company, its divisions, branches and their cash positions. A single view of all accounts across all banks and jurisdictions. Total liquidity at your fingertips no more multiple bank logins and Excel reconciliations. Forecasting for efficient capital allocation. Access to end-of-day balances and statements at the click of a button. Mark-to-Market Online real-time mark-to-market of all financial instruments across multiple currencies and suppliers. Online real-time revaluation of foreign exposure and other financial instruments. Across currencies and suppliers. Optimised payment solution Peregrine Treasury Solutions TMS is a single interface which acts as a bridge to multiple banks and jurisdictions while adhering to global financial messaging standards. This platform covers: Local and foreign payment management. Single and bulk payment options. Payment and collection tracking for all debtors, creditors and intercompany payments. Unique company permissions are set up for payment authorisation. CONTACT US Gauteng head office: Tel: +27 (0)12 348 2337, Kaaimans Building, Lynnwood Bridge Office Park, 14 Hilden Road, Lynnwood Manor, Pretoria Western Cape regional office: Tel: +27 (0)21 863 0809, 376 Main Road, Paarl Peregrine Treasury Solutions (Pty) Ltd Registration no: 2004/021931/07A subsidiary of Peregrine Holdings Limited Peregrine Treasury Solutions Proprietary Limited is licensed as a financial services provider in terms of the Financial Advisory and Intermediary Services Act, 2002. PAGE 6