Company Overview - Cobram Estate Olives Limited (CBO) is a vertically integrated olive oil grower, processor, and marketer with operations in Australia and the USA[21] - CBO owns 7,000 hectares of planted olive groves in Australia with over 26 million olive trees[21] - In the USA, CBO owns 1,025 hectares of planted olive groves in California with approximately 794,000 olive trees[21] - CBO's Australian olive mills have a milling capacity of 144 tonnes of olives per hour[21] - CBO's USA olive mill has a milling capacity of 64 tonnes of olives per hour[21] - Cobram Estate is the number one selling olive oil brand in Australian supermarkets by dollar value and the number nine selling olive oil brand in USA supermarkets by dollar value[22] USA Growth and Capital Raising - CBO aims to become the USA's largest olive farmer with approximately 2,000 hectares of company-owned olive groves by 2026[32] - CBO's USA olive oil sales reached $646 million in FY25, including Cobram Estate branded sales of $423 million[32] - USA olive oil consumption has grown at a CAGR of 45% since 1990/91, reaching 398,000 tonnes in 2024/25[38] - Olive oil sales in USA supermarkets totaled US$28 billion (A$44 billion) in FY25[50] - The company is undertaking an institutional placement to raise up to approximately $1750 million and a Share Purchase Plan (SPP) to raise up to $100 million[77] - The Joint-CEOs will sell 20 million shares valued at $64 million, representing 22% of Sam Beaton's shareholding and 19% of Leandro Ravetti's shareholding[77]