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GAZELLE FUND LP INVESTS IN MANNA, A PREMIUM TEA PRODUCER IN GEORGIA

Gazelle Fund LP (the “Fund”) continues to invest in Georgian SMEs during this economic downturn, targeting value investment opportunities. The Fund recently invested US$ 600,000 in MANNA, the premium producer of high-quality tea products in Georgia.

This investment positions MANNA to expand its local production capacity, increase its sourcing of locally grown tea, and further buildout its local workforce. Following this investment, the Company is better positioned to increase market share in Georgia, further displace imported tea products, and deepen export capacity to the EU, Ukraine, and Russia.