CCO Secures Long-Term Kava Supply Agreement
Summary
Strategic Highlights
• Long-term Strategic Supply Agreement executed with a leading Pacific-based supplier of premium noble kava.
• Minimum reserved supply capacity of 10 tonnes per month of premium noble kava from Papua New Guinea and Vanuatu, held by the Supplier for The Calmer Co.
• Indicative annual supply value of approximately A$8.65 million, based on reserved minimum monthly capacity.
• Complements The Calmer Co.'s existing Pacific sourcing network, further diversifying procurement across Fiji, Papua New Guinea and Vanuatu.
• Supports the Company's existing manufacturing capacity of approximately five tonnes of dried kava per week, with additional manufacturing capability expected to become available through the previously announced Heads of Agreement with Kaiming Agro, subject to completion of definitive agreements.
• Establishes a comprehensive quality assurance framework, including agreed product specifications, Certificates of Analysis, laboratory testing and supplier performance standards.
• Enhances long-term supply security for the Company's branded consumer products and growing botanical ingredients business.
• Reinforces The Calmer Co.'s vertically integrated strategy of creating greater value from premium Pacific kava.
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