Business
Kakuzi Land Claims
Camellia Plc has noted an announcement from Kakuzi plc regarding adverse recommendations from Kenya's National Land Commission for the surrender of approximately 3,200 acres of agricultural land. Kakuzi, in which Camellia holds a 50.7% stake, disputes these recommendations, asserting clear title to the land and has initiated legal proceedings to challenge the NLC's findings. Camellia believes this matter will not materially impact its financial performance or the outcome of its Value Enhancement Plan. Disclaimer*
About this update from Camellia Plc
Camellia Plc 27 November 2025 Camellia plc ('Camellia') notes the recent announcement by Kakuzi plc ('Kakuzi') relating to adverse recommendations issued by the National Land Commission (NLC), Kenya, in connection with historical land claims which call for the surrender of approximately 3,200 acres of Kakuzi's agricultural land holdings. Camellia has disclosed land claims as a risk in its previous annual reports. Kakuzi has been advised by legal counsel that it holds clear and valid title to the subject lands, and that its rights to own legally acquired title is protected under the Kenyan Constitution. Kakuzi has consistently contested the claims and does not accept the NLC's recommendations. Acting on legal advice, Kakuzi has commenced proceedings to challenge the NLC's recommendations. Camellia owns 50.7% of Kakuzi, a company listed on the Nairobi and London Stock Exchanges. Camellia considers that this matter will not affect delivery or outcome of its Value Enhancement Plan or have a material impact on its financial performance. ENQUIRIES Camellia Plc 01622 746655 Byron Coombs Chief Executive Officer Oliver Capon, Chief Financial Officer Panmure Liberum 020 7886 2500 Nominated Adviser and Broker Emma Earl Will Goode Rupert Dearden