CORPORATEPROFILEOLIVEWOOD Trade and Invest MissionStatementOUR COMPANYThe key to success in supplying high-valuephysical commodities is to be direct to thesource. OLIVEWOOD only works with true manufacturers,producers and direct titleholders of agro-products, metals and gembased assets.We tailor services according to the preciseneeds of our customers and source these economically viablecommodities such as rough uncut diamonds, dold dore, coppercathode, copper wire scrap, scrap metals, used rails, usedbeverages cans and agricultural raw and process products, usedcooking oil, soft drinks, beer, poultry, Supplying of otherproducts imported from USA, Australia, New Zealand from a widerange of locations; improving market efficiency by deploymentinnovations.OLIVEWOODsources from actual Artisan miners, privatecompanies, production companies, oil majors and nationalgovernments. We also work with smaller producers that seekmarketing expertise with global distribution of theirproducts.OLIVEWOODhas grown rapidly by consistently deliveringleading-edge services in the markets that we specialize in. We alsodevelop trade projects in under-developed regions of the world andmore importantly, we are constantly striving to improve logistics.Our business transparency strengthens the connections betweensuppliers and clients.Our customers rely on us to be their tradingpartner. We deliver on time - every time and have built anorganization, structure, and culture that can achieve successanywhere in the world.OUR SALECONDITIONS For the purposes of this document "the Seller" shall mean Olivewood Trade. The "Purchaser" shall mean the person purchasing the goods and shall include all parties acting on behalf of the Purchaser in any given transaction. The "Goods" means any product offered for sale by the Seller at any time. All Goods offered are subject to price increase and/or prior sale. All quotations will clearly indicate the price of the Goods in United States Dollars (USD), South African Rand (ZAR), Euro (EUR) or any nominated currency. Where applicable a rate of exchange and date will be issued. Our normal terms are strictly CASH payments. Unless specifically arranged ALL PURCHASES must be paid for in Cash. No credit is permitted under any circumstances unless supported by Bank guarantees acceptable to the Seller or by means of our special financing options. Deposits 30% when confirming order and balance payable prior to shipment (Bill of Lading copy) A pre-condition of supply is that ownership of Goods remains vested in the Seller until paid for in full. Where any price is quoted the validity of such quotation is 30 (thirty) days. Any extension of the validity will be binding only if supplied in writing. We regard ourselves as being bound by our quotations only when the Purchaser has completed acceptable financial arrangements by the due date. The costs of SGS, Bureau Veritas or any other inspections are to be borne by the client. No Goods may leave the country of production before payment is received in full, unless clearly indicated otherwise in our offer or signed contract. No order will be processed until all contractual and financial arrangements have been completed to our complete satisfaction. Delivery and Insurance charges apply to all Goods to be delivered outside the borders of Gauteng Province, South Africa. Prices are available upon request. Olivewood Trade shall not be obliged to furnish any reason whatsoever for refusing to supply any specific type of product to a client. Some products may not be supplied to certain countries for various reasons, particularly in instances where we do not consider them either technically suitable or where we do not believe they can be adequately supported by after sales service. In certain instances franchise agreements may make it impossible to supply a certain products quality. The Seller takes no responsibility for late delivery of any Goods exported from South Africa due to reasons beyond the Seller's control. All delivery dates are given in good faith but we cannot be held responsible for any delays caused by civil unrest, riot, weather, impassability of roads, accidents en route, strike or labour action, foreign exchange controls, delays at border posts for any reason or any other action on the part of a Government or Nationals of a foreign country. The Seller reserves the right to offer an alternative product and cannot be held responsible for any changes, alterations or discontinuations of product by Manufacturers. No Goods will be supplied to any party where international embargo's are in force or where export of such Goods is prohibited by either the Manufacturer, country of origin of the Goods or the government of the Republic of South Africa. Should any legal matter for any reason whatsoever or any legal action or interchange be required wherein Olivewood Trade or any of its associates is implicated, such action shall be subject to the laws and provisions of the Republic of South Africa. No jurisdiction may be exercised over Olivewood Trade in any country other than the Republic of South Africa.Please note:Due to the increasingly international nature ofour business our conditions of sale are likely to be subject tochange from time to time.OUR SOCIALRESPONSIBILITYWherever we operate in the world, we engage inongoing dialogue with local communities, maintaining strong andpositive relationships. ForOLIVEWOOD,community engagement embraces a wide range of activities fromstakeholder mapping to consulting with neighbors who are, or maybe, affected by our operations.From community outreach identifyingopportunities for mutually beneficial partnerships tocommunications with the ministry of foreign governments, we haveformed JV partnerships to build local economic capacity, supportingprojects aimed at developing socialinfrastructure.We believe that meaningful engagement is notpossible using a one-size-fits-all approach. In some locations, ouroperations exist in close proximity to thriving communities. Inothers, our operations are very remote and we are effectively theonly local employer or one of the few significant employers in theregion.Given the global scope of our business, werecognize the need to be flexible and sensitive to local conditionsand populations in engaging our communities and investing insocially-focused initiatives. Yet, despite the local differences wemay encounter, our principles remain the same: namely to engagestakeholders in a spirit of transparency and good faith, andprovide lasting benefits to the communities where we work bysupporting sustainable initiatives to develop their social,economic, and institutional fabric.We conduct all of our activities in accordancewith accepted standards in terms of the protection and promotion ofhuman rights. We respect the cultural and historical perspectivesand rights of those affected by our operations.We provide lasting benefits to the communitieswhere we work by supporting initiatives to develop their social,economic, and institutional fabric. We recognize that everycommunity is unique and work with our community partners to ensurethat our support matches their priorities.
