2022-12-31-accounts

UCF TRUSTEES REPORT

PROJECT HIGHLIGHTS FOR 2022

About UCF

Uganda Conservation Foundation (UCF) is a UK charity (Reg. No. 1087295) and Uganda non-profit which aims to safeguard Uganda’s natural heritage by implementing practical conservation and community interventions, influencing policy-makers, and engaging the public on issues of wildlife conservation.

Since COVID, UCF has taken the opportunity to re-organise and position itself for the future, both in terms of project and funding base. This has included an expansion of institutional partnerships, upgrade of organizational systems and policies, and further diversification of UCF revenue base.

In 2022 UCF’s projects expanded from Queen Elizabeth (QE), Kidepo Valley (KV) and Murchison Falls (MF) National Parks to include Kibale Forest (KF). As with throughout the COVID period, UCF remained fully operational in all parks, and with a full organizational and project team, without any cuts or job losses.

UCF continued to work closely with Uganda Wildlife Authority (UWA), their development and implementing partners, and local communities to sustain efforts leading to the protection of Uganda's wildlife, the development of park-adjacent communities, and the enforcement of the criminal justice system in deterring and tackling wildlife crime.

UCF is primarily funded by grants and donations from UK and US donors, and unrestricted funding from local and international fundraising campaigns.

UCF’s Ugandan entity employs a small team of sixteen employees and is governed by a Board of Directors (Ugandan-based) and Board of Trustees (UK-based.) UCF celebrated its 20[th] anniversary in September 2021.

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

A. THE RECOVERY OF QUEEN ELIZABETH NATIONAL PARK

1. CITES MIKES Phase Two

UCF received funding from CITES MIKES via the European Union to support the Recovery of Queen Elizabeth National Park. This four-year, $600k project beginning in 2020, aims to support Uganda Wildlife Authority to develop their human and equipment capacity to strengthen law enforcement capacity and cross-border collaboration in combating wildlife crime. The programme also supports transboundary cooperation between Virunga National Park and QENP, which are MIKE focal sites.

With co-funding from African Elephant Fund, UCF constructed the Joint Operations Command Centre at Katunguru, completed in May 2022. This included the building itself, equipped with IT and connectivity, perimeter fencing, solar power installation and communications systems including digital radio communications network. Based on a communications strategy, a signal plan directed the placement of the towers for the digital radio network expanding communications from 3% of the park to over 80% of the park. In addition, UCF installed an open hotline, and UWA’s ‘closed user network’ mobile phone system, all with the necessary technology to integrate into the Operations room EarthRanger system, installed and supported by UCF.

UCF has installed and equipped digital radio networks which have point to point, duplex system to ensure maximum coverage. Five base radios, 60 hand-held digital radios with their batteries have also been donated to UWA, as well as TRBOnet licenses for all handsets to enable integration of all digital assets into EarthRanger

This system enables UWA to coordinate all of UWA’s operational functional areas across the newly delineated sectors, to the Operations Room, enabling UWA to coordinate resources and assets according to priority.

UWA is now better able to ensure quality information and data reaches UWA and is managed, and then used / shared as necessary. Core to park-wide system has been the construction and hand-over of the four-man jointly-managed NFA and UWA, Kalinzu ranger post. The ranger post was necessary due to being the core radio tower, repeater and solar power and building, serving the whole park. Situated at the top of the Kalinzu Forest, this ranger post provides joint management benefit to both UWA and NFA, in an area where there has not been much protection.

EarthRanger, the real-time operations information management system developed and managed by the Allen Institute of Artificial Intelligence, and Semantic Ai, were also installed.

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone] Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

UWA and UCF staff then received training and on-going mentoring. The latter is an offender database management system used across all UWA’s three major parks.

The JOCC coordinates all the park’s essential law enforcement and human-wildlife conflict management, as well as many other areas of operations. It enforces security measures that limit access to appropriate staff, teams and partners, dramatically improving UWA’s management, security and capacity. Previously information and data was exposed to loss theft, or never reached a central database.

The CITES MIKES P2 programme also provided on-going fuel and operational support, including the refurbishment of patrol boats.

2. Operational Support for law enforcement operations

Funded primarily by Project Ranger and Ranger Fund, UCF continued supporting UWA operations within the parks. This emergency intervention in response to the prolonged effects of the COVID-19 pandemic has ensured that rangers still have the tools and resources to continue wildlife conservation, such as providing ranger food, fuel, vet drugs and maintaining cars.

COVID19 drastically impacted UWA’s ability to sustain its operations. Tourism revenues make up the bulk of UWA’s operational budgets, and though 2021 saw a return to normalcy, with travel and tourism reopened, these were still too low to fully support UWA’s budgets at pre-COVID19 levels, which in themselves were not sufficient.

The donor support from Project Ranger and Ranger Fund came to UCF quarterly throughout the year.

The support provided by UCF, in form of patrol rations, gear, fuel for patrols, helped UWA continue its law enforcement operations which had become unsustainable in the wake of COVID19. With budgets steadily shrinking, UWA was forced to refocus law enforcement support to the main tourism areas and thereby neglecting the harder to reach areas: leaving them vulnerable to illegal wildlife activity. Throughout the year, UCF provided much needed emergency support to the parks, thus weathering the storm of COVID19 until such a time when tourism dollars could be counted on to support operational budgets.

3. Carnivore & Scavenger Programme

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone] Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

Jointly implemented and managed with UWA, the Carnivore and Scavenger Programme is a nationwide programme dedicated to monitoring and protecting carnivore and scavenger species across all UWA’s estate. Complemented by UWA’s vets, monitoring and evaluation rangers, UCF also employs a full-time dedicated team. This team was equipped with the relevant tracking equipment, 24-hour EarthRanger monitoring capability, and a new Land Cruiser to support lion monitoring, protection, conflict resolution, and other Law Enforcement operational work on the ground as needed.

All front-line species monitoring and protection functions (over 50 rangers) received a 2-day Wildlife Poison Management from Andre Botha of Endangered Wildlife Trust. Andre is the Vice-chair of the Technical Advisory Group for the Raptors MoU, Convention on Migratory Species. SOPs for wildlife poison management are detailed in UWA’s Wildlife Poison Management Policy.

As per UWA’s policy, all wildlife collaring (lions and vultures)in QE we immediately integrated the collars into UWA’s EarthRanger system to enable them to better carry out their mandate to conserve wildlife inside and outside of protected areas.

Waterholes and habitat restoration

With support from the Lion Recovery Fund (LRF), UCF managed to restore sixteen waterholes in QEPA. This project began in quarter one, and went up to quarter three of the year.

The grant from LRF supported UCF, with logistical support from QEPA’s engineering department to dredge and reclaim waterholes that had previously silted up due to the past poaching of hippo, buffalo and elephant. The programme restored sixteen in total. These waterholes were well-distributed among critically important sectors and landscapes to draw wildlife into safe regions, away from human wildlife conflict zones and areas where UWA’s anti-poaching capacity was vulnerable.

Consequently, UCF and UWA were enabled to focus law enforcement operational support in critical lion habitats, and provide real-time carnivore species monitoring and management interventions to ensure immediate species protection.

- IUCN SOS Project QE & MFs

UCF secured funding from IUCN Save Our Species Programme, for a project titled, ‘Emergency response to an upsurge in lion poaching due to COVID-19 in two critical hotspots in Uganda.’ This one-year programme, beginning May 2021, was co-funded by European Union International Partnerships, and employed two UCF staff (Jimmy Kisembo and Robert Ntegeka

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

who are ex-UWA rangers) and supported the training and employment of twelve community-scouts in MFPA. These scouts have since proved indispensable in supporting anti-poaching snare sweeps across the Delta area. Between them they have managed to collect over 2,000 snares monthly.

This project was developed in response to the worsening poaching crisis as a result of COVID-19 pandemic and the national lockdown. The collapse of tourism saw UWA lose its ability to sustain law enforcement efforts as the bulk of its operational budgets are supported by tourism dollars, which were no longer incoming. Coupled with the adverse effects of the pandemic, i.e., unemployment, loss of livelihoods due to lockdowns, poaching surged.

Lions were particularly targeted due to the demand for parts to be used in local witchcraft practices. As well, many of these carnivore species were caught in snares set primarily to catch prey species. The IUCN SOS programme was a crisis grant and greatly helped the Carnivore Programme by providing much needed radio-collars, and providing logistical support to eight extensive anti-poaching patrols targeting critical lion habitats in both MFPA and QEPA.

In total eight lions were collared (four from MFPA and QEPA each). Vulture species endemic to these protected areas, such as the hooded vulture (Necrosyrtes Monochus) Ruppell’s vulture (Gyps Rueppelli) white headed vulture (Trigonoceps occipitalis) white backed vulture (Gyps Africanus,) lapped-faced vulture (Torgos Tracheliotos) which are either endangered or critically endangered, were also a major focus of this programme. As a result, four vultures total were radio-collared. Additionally, poison identification and management trainings, conducted by Andre Botha of Endangered Wildlife Trust, took place in each of the parks. This builds the capacity of frontline rangers and first responders to poison cases, and ensures they know how to respond in instances of poisons.

Throughout the year - UCF was able to support all lion rescues and incidents in MFs.

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone] Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

4. UWA Capacity Building

Marine Ranger Training:

UCF funded marine ranger training for the QE marine unit. 45 rangers, including 12 coxswains from neighboring lodges, received internationally accredited RYA Level 2 training.

This covered practical boat handling and seamanship, theory, train the trainer exercises and a basic first aid course including rescue operations. The training was conducted by Poole Harbour and Sea Survival Ltd, who have been conducting marine ranger training in QE & MF since 2002. Funding was covered under CITES MIKES Phase 2.

Junior Leadership:

UCF funded and supported Junior Leadership training for 70 UWA rangers in Mweya, in March 2022. This training was carried out by the US Military.

5. Community development

With funding from the African Elephant Fund, UCF restored the QEPA Park-Community Committees across the whole landscape providing the long-term institutional structures for UWA and the local government structures to sustain on-going management and coordination. This also provides the framework for all other stakeholders to formally work through.

Twenyt-six PCCs were formed and were formally inaugurated by UWA top management in Mweya in January 2022.

Minutes of every meeting are kept and quarterly meetings with UWA are held wherever possible.

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

B. THE RECOVERY OF MURCHISON FALLS NATIONAL PARK

The Recovery of Murchison Falls programme is run in conjunction with UWA, in phase 1, providing the foundations of protected area management. From infrastructure and capabilities, to training and equipping rangers and wardens, to the provision of communications and operational vehicles (boats, cars and motorbikes).

Success of the programme has in part come from the sustained funding from long-term partners such as Tusk Trust, the David Shepherd Wildlife Foundation, International Elephant Foundation and Global Conservation.

1. Law Enforcement & Operations Centre:

In 2022 UCF completed the Law Enforcement & Operations Centre providing the JOCC, Uganda Police Station, stores, Guard Room, Armoury and fence line. This is the first of its kind in Uganda, and likely anywhere, where all operational capacity for all departments are integrated, providing a considerable uplift to operational capacity and integrity.

The Operations Room is operational with EarthRanger at its core, integrating digital radios, the hotline, the EarthRanger Mobile / UWA mobile phone system and Closed User Network, each with their means of direct integration into the UWA system.

As per the UWA Signal Plan, Digital radio towers, solar power and housing, fencing and equipment were all completed and functioning in 2022 - including Pakuba, Ayago 3, Punu Rii, Sengenge and the JOCC.

In August 2022, UCF donated assorted equipment to MFNP to support law enforcement activities, especially patrols, problem animal control and human-wildlife conflict management. This included motorbikes, phones, solar power, digital radios, rain coats, boots and other field equipment.

Sector anti-poaching plans were developed with the Warden in Charge of Law Enforcement and Sector Commanders for high poaching periods, with UCF backing UWA operations as needed.

UCF also supported operations with provision of vehicles, fuel, staff, rewards, intelligence links and support. Systems have enabled numerous rescues and responses to incidents, wildlife and tourists, preventing conflict and escalation of problems. and retaliations.

Connectivity at the Joint Operations Command Center was boosted with the installation of 10MBS Inter-Microwave Signal via Airtel. This supports the need for reliable and fast connectivity for realtime and 24/7 operational capacity.

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

Though-out COVID-19, the river Nile flooding, locust and other challenges (elections and lockdowns), UCF remained the only organization in MFs supporting UWAs operations and commitment to the communities.

2. Infrastructure Development

The Buligi Marine Ranger Station on the Delta in Murchison Falls was completed and handed over in June 2022. The facility blocks a poacher route into the Delta where thousands of snares have been set every year, killing and severely injuring wildlife, and forcing incredible resource pressure onto the UWA Veterinary Response Unit (also supported by UCF).

The facility includes a 6-man ranger post, ablution block and stores for boat equipment, safety jackets, engine maintenance and fuel. A small jetty was also provided.

Semanya Marine Ranger Post was renovated, fixing the bat problem and installing solar power. As a command post, Semanya also had a base radio installed following the digital radio network capability, and they are now able to coordinate all Northern Sector communications.

Construction on two new ranger posts started in October and November 2022. Firstly a six-man ranger post in Mupina, the Southern MF Sector Command Post, and secondly at Sengenge, an eight-man ranger post, providing security for the Sengenge digital radio tower, and a big push south to expand management control from poachers in the south of the park.

These facilities are coming up in rather remote areas of the park, and will be instrumental in expanding Uganda Wildlife Authority’s capabilities.

3. UCF Scouts:

Throughout COVID and afterwards, MFs operational capacity has been drastically limited by ranger numbers, preventing sustained operational effectiveness in any department. In response UCF sustained 20 Community Scouts, fully paid for and supported by UCF, to UWA, to support formal rangers in low risk / high volume work, enabling operations to happen whilst also minimizing the number of formal rangers needed on each operation, thereby releasing pressure on the ranger deployments.

As with each of the 100 community youth working on the construction and road projects, UCF was holding over 120 community youth in full time employment throughout the year, and COVID period. Each came from families involved in poaching, or badly impacted by human wildlife conflict. The scouts ensured the post COVID poaching serge was minimized as far as possible.

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

4. Wildlife Ranger Challenge

In conjunction with Tusk Trust, UCF coordinated the third Wildlife Ranger Challenge in MFPA, in September 2022. The WRC event was adapted into a fundraising campaign for ranger support to counter the adverse effects of Covid19 and the collapse of tourism.

UCF coordinated all the fundraising and marketing on behalf of MFPA, QEPA, KVPA and Ziwa Rhino Sanctuary. The funds raised by this campaign went directly into frontline support and helped UCF continue its support to UWA’s anti-poaching and human wildlife conflict operations, and to keep the scouts programme running.

The event attracted the participation and support of several individual and corporate supporters including teams from the British High Commission, International Schools and local safari lodges.

5. Pacer Tree Nursery Project.

Initially established in 2019, with funding from Dulverton Trust through David Shepherd Wildlife Foundation, the tree nursery programme at Pacer Vocational College, continued to grow tremendously.

With only four full-time employees, the nursery expanded to be able to provide more than 100,000 tree seedlings per season (there are two planting seasons in a year).

By year end, over sixty youth from both Pakwach and Nwoya, and at least fifty community groups have received training on agroforestry and tree management. All the tree seedlings were provided for free to the interested community members and youth groups. A small grant of funding was secured from Trees that Feed to continue the promotion of tree planting, providing an APP to record all trees planted, and monitor their health.

The nursery has uplifted the status of the community college and is now a demonstration site for agroforestry, as well as training for energy-saving stoves. The latter ties in with the strategic objective of reducing deforestation and firewood dependence within the region.

6. Living with Wildlife project.

Formally titled, Wildlife protection and sustainable livelihoods for communities neighbouring Murchison Falls Protected Area, Northern Uganda, this three-year project aims to improve food security, increase livelihood opportunities, and improve the relationship between UWA park management and the communities surrounding the park, in order to reduce illegal wildlife activity in the NW corner of Murchison Falls National Park. UCF co-implements this project with

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

Send A Cow Uganda (now Ripple Effect) and is overseen by Tusk Trust and Ripple Effect UK. Funding is covered by the UK Aid Match Programme.

Through the course of the year UCF managed to implement PACE (Pan African Conservation Education) to over 3,000 individuals (both community groups and school-going children in both Nwoya and Pakwach district.) No easy feat considering Patrick Agaba, the project’s on-ground implementer resigning at the end of May. His replacement was only recruited in October. Despite this, UCF as well managed to bring over 120 school-going children, and 150 community members into the park. These visits have proved most beneficial as they have opened lines of dialogue between park management and communities which were previously non-existent, or at best not well managed. Because of this the instances of positive interactions between both primary stakeholders (park and communities) have increased and UWA’s efforts at community engagement are being recognised by both community groups and local leadership and the sub-county and district level.

The project also provided 60 scholarships to youth from vulnerable communities to pursue short vocational courses (20 foundational masonry courses, 40 tailoring) from Pacer Vocational College. Another 60 scholarships will be facilitated in the next year.

7. UWA CApacity Building

70% of UWA Rangers and Wardens have undertaken the Junior Leadership Training Course delivered by either the US, UK or Italian Military. In October, the Irish Guards conducted another 2 week session which was also attended by the UCF-UWA Trained Community Scouts.

UCF supported UWA Marine Training for UWA Marine Rangers including 45 rangers and coxswains from neighboring lodges received internationally accredited RYA Level 2 training. Twenty five successfully completed Advanced level.

The training which was conducted by Poole Harbour and Sea Survival Ltd covered practical boat handling and seamanship, theory, the trainer exercises and a basic first aid course including rescue operations.

8. UWA Training Academy

This is a $10M programme funded by US DOS, direct to contractor Relyant. Founder Trustee created the concept and strategy with the ex-US Defense Attaché and agreed to oversee the programme.

The facility provides UWA its own capacity to train Senior Staff and Rangers and includes:

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

• four class blocks (60 students in each class);

• main ranger building with six officers, including a medical centre;

• senior staff accommodation (men’s & women’s);

• Ranger accommodation;

• administration building & ablutions (men’s & women’s);

• kitchen & bore-hole;

• Security observation towers; and

• Solar power.

The facility is positioned to depopulate the Paraa tourism zone, now further clustered with oil activity, and to support the recovery of the Kiba & Tangi Sectors where the region is used for access to hunting grounds. The facility will be opened in late 2023, and is situated to support the recovery of Kiba Sector.

9. Carnivore & Scavenger Programme

The scout programme sustained de-snaring effort throughout the year in key carnivore strongholds and supported protection in recovery zones as well.

A second hand Land Cruiser was provided to support Lion monitoring, conflict resolution and other Law Enforcement work. Satellite collars for select lions were provided as needed (focus is non-tourism areas). Two currently on & registered on ER. Targeted patrols were conducted in known lion strongholds and high risk areas. UCF provided funds, vehicles, fuel, food, teams and equipment, and re-furnishment of all UWA lion translocation crates.

All lion monitoring and management activities, including incident reports, collared animals were monitored on EarthRanger for real time and 24/7 oversight, and also monitored by DDFO & ED at UWA Headquarters.

Lions continue to be targeted by poaching by both the lethal wheel traps and poisoning. With UWA all cases were responded to and poachers were caught.

C. KIDEPO VALLEY NATIONAL PARK

1. Joint Operations Command Centre at Geremech

Construction of the JOCC at the Geremech Park Headquarters, began early in the year, and was completed by Lionheart Construction Ltd., in the last quarter of 2022. Consequently, White-Mare Technology Ltd., equipped the operations room with solar power, IT and

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

communications support to enable EarthRanger and Semantic AI (intelligence database enterprise software) to be installed.

The Kidepo JOCC is the first of its kind; incorporating National Forestry Authority (NFA) offices – NFA has 9 CFRs in the Kidepo Landscape; providing an office from which they could jointly manage these CFRs was inevitable. The JOCC also houses an office for the community conservancy. Funding for this was provided by Global Conservation.

2. Morungole Community Conservancy Project

In May 2021, UCF partnered with Northern Rangelands Trust, UWA and NFA to establish a community conservancy model in Kaabong District, specifically targeting Dodoth North and Ik County constituencies. The purpose of this is to promote community-led conservation and livelihood projects within Kaabong District and the greater Kidepo landscape. Most of the wildlife in Kidepo stays outside of the park, and in community lands for most of the year. The wildlife only returns to the park in the dry months where the only water source is the Narus river. Wildlife protection outside the park is thus challenging, due to HWC and UWA’s lack of capacity and resources to intervene promptly. The community conservancy model ensures that wildlife protection has a chance, and wildlife corridors and habitats are secured.

Following months of community engagement activities, FPIC, and exchange visits to NRT, Morungole Community Conservancy was unanimously established in late 2022, at a stakeholders meeting including UWA, NFA, NRT, UCF, Kaabong District Local Government, religious leaders and community leaders. Registration with the Uganda Registration Services Bureau thereafter commenced, and as of 2023, MCC is now fully formally registered.

Funding to operationalize the conservancy is expected from the big EU NaturAfrica Grant, supposed to commence in late 2023. This will underpin livelihoods programmes, community livelihood funds, vehicles, infrastructure development, employment opportunities, vocational courses, etc.

3. Transboundary elephant collaring and monitoring programme

In Feb 2022, wildlife vets and ranger teams from UWA, together with vets from the Kenya Wildlife Service, and Save The Elephants, collared 15 elephants across Kidepo Valley and the Western Pokot Transboundary area. Of the 15 collared, 11 were from the KVNP landscape.

Monitoring of their range patterns is still ongoing. Data sharing agreements between UWA and the partners are in place, and UWA has access to all Uganda-side elephants and their ranging patterns. Funding for this was provided by NRT’s private donors.

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

4. Carnivore & Scavenger Programme – Nov 2022

UCF has since maintained a permanent presence across the Kidepo landscape to carry out daily carnivore and scavenger monitoring work. 2 collared lions are being closely monitored, as well 13 vultures have backpacks installed.

The KVNP EarthRanger platform enables UWA and partners to monitor all collared wildlife, including giraffe, lion and vultures.

Due to the severe decline in lion in Kidepo , UCF deployed a full time project officer and driver, plus two community scouts, and car, to support daily snare removal patrols across the landscape and focused lion and giraffe monitoring and protection.

Funding for this is provided by Global Conservation.

Partnerships:

In 2022 UCF formalized partnership MOUs with:

1. Uganda Wildlife Authority

2. National Forestry Authority

3. Uganda Wildlife Research & Training Institute

4. Northern Rangeland Trust

5. Focus Conservation

6. Centre for Environmental Forensic Science

7. Liege University

Registered UK Charity No: 1087295 | www.ugandacf.org

Low Mains Farm, Masham, North Yorkshire, HG4 4PS, United Kingdom | Tel: [phone] P.O. BOX 34020, Kampala Tel: [phone]

Facebook: Uganda Conservation Foundation | Twitter: @UgandaCF

UGANDA CONSERVATION IUI LIMITED ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 December 2022 TABLE OF CONTENTS CONTENTS PAGEISI Organizalion Information Report of Board Statement of Board of Directors, Responsibilities Independent Auditor's Report Slalement of Income and Expenditure Statement of Financial Position 10 . statement of Changes in Accumulated Fund Statement of Cash Flows 12 Notes lo the Financial Slalemenls 13-24

Uganda Conservation(Ul Limited Audit Report and financial statements for the year ended 31 December 2022 ORGANIZATION INFORMATION DIRECTORS 1. Mr.Richard Ssemanda Chairperson Director 2. Mr.William Smith 3. Mr. Jean Byamuisha 4 Mr. John Kabandize 5. Mr.Kevin John Valla¢k Director Director Director SENIOR MANAGEMENT TEAM 6. Mi. Michael Keigwin 7. Ms.Sophie Arcedeckne 8. Mr. Martin Ssesanga 9. Mr. Derek Lubangakene Founder Trustee IProje¢l Lead General Manager Finan￿ & Admin Manager Projects Manager REGISTERED OFFICE 12b Farady Road Bugolobi P.0. Box 34020. Kampala. Uganda INDEPENDENT AUDITOR Baker lilly Hem LLP Certified Public Accountants Office 4B, 4" Floor, Plot 9 Yusuf Lule Road, Kampala P.0 Box 24544 Kampala, Uganda PRINCIPAL BANKER I&M Bank (UI Ltd P.O.Box 3072, Kampala-uganda

Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 December 2022 REPORT OF BOARD The Directors present their report together with the audited financial slalemenls of the organisalion for the year ended 31 December 2022. PRINCIPAL ACTIVITIES Uganda Conservation (UI Limited is a nol-for-profit organisalion registered in Uganda which is dedicated lo protecting Uganda's national parks, protected areas and conservancies. The Organizalion work in close Collaboration with partners, Primarily international conservation, and development organizalion5. Uganda ConseNalion IUI Limited is a practical, results-orienled organizalion. Uganda Conservation (UI Limited is efficient in ils working methods and its use of funds. The Organizalion ensures il maximizes Ihe funds reaching field projects and minimizes ils adminislralion and non-value-add activities lo industry-low levels. FINANCIAL RESULTS FOR THE YEAR 2022 Ushs 2021 Ushs Income 5,141,307,784 (5,140,047,294) 4,230,372,316 14,216,408,226) Expenditure Surplusl Idefi¢itl for the year 1,260,490 13,964,090 DIRECTORS The current membership of the board is as sel out on page 2. INDEPENDENT AUDITOR Bakei lilly Hem LLP has expressed willingness lo continue in office. tfgthyséfftiEs SE RY Kampala Juf)e 37*h -&2023

Uganda Conservation(Ul Lim ited Audit Report and financial statements for the year ended 31 December 2022 STATEMENT OF BOARD OF DIRECTORS, RESPONSIBILITIES 11 is the responsibility of directors lo prepare financial slalemenls for each financial year lo give a view of the slate of affairs of Uganda Consetvalionlul Limited as al the ènd of each financial year and of ils financial slalus for the year. Directors are also required lo ensure that Uganda ConservalionlUI Limited maintains proper accounting records Ih8t disclose, with reasonable accuracy, the financial pos11ion of Uganda Conservalionlu) Limited. Directors are also responsible for safeguarding the asset5 of Uganda Conservalionlu) Limited. Directors accept responsibility for the preparation and fair presentation of the financial statements that are free from material misslalemenl whether due to fraud or erior. Directors also accept responsibility for". designing, implementing, and maintaining such internal control as they determine is necessary lo enable the preparation of financial slalemenls Ih8t are free from material misslalement, whether due to fraud or error selecting and applying appropriate accounting policies and. making accounting eslimales and judgements that are reasonable in the circumstances. Directors are of the opinion that the financial statements give a true and fair view of the financial position of Uganda Conservalionlul Limited as al 31 December 2022 and of the organizalion's financial performan and cash flows for the year then ended in accordance with Uganda Conservationlu) Limited accounting policies and donor funding agreements. Nothing has come to the attention of directors lo indicate that Uganda ConservationlU} Limited will not remain a going con￿rn for al least the next bNelve months from the dale of this statement. Approved by the Board on 2023 and signed on its behalf by.. Director Dire¢tor

fr bakertilly Office 48. 4th Floor Plot 9, Yusuf Lule Road, Kampala, P.0 Box 26898, Uganda Tel= [phone] Email.. [e-mail] Website.. www.bakertilly.ug REPORT OF THE INDEPENDENT AUDITOR TO THE BOARD OF UGANDA CONSERVATIONIUI LIMITED BAKER TILLY HEM LLP Certified Public Aecountants Oplnion We have audited the financial slalemenls of Uganda ConservalionlUI Limited that comprise the slalemenl ol financial position as al 31 December 2022 and the slalement of income and expendrture, slalemenl of changes in accumulated fund and statement of cash flows for the year then ended and the notes lo the financial slatemenls, including a summary of signrficant accounting policies. In our opinion. the ac¢ompanying financial st21ements give a true and fair view of the financial position of Uganda Consetvalionlu) Limited as at 31 December 2022 and ils financial performance in accordance with Inlemalional Financial Reporting Standard for SMES and Companies A¢l.2012. Basis for Opinion We conducted our audit in accordance with Inlemational Standards on Auditing IISAS). Our ￿SponSibl11t1eS under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements seCt￿)n of our report. We are independent of the organizalion in accordance with the International Ethics Standards Board for Accountants. Code of Ethics for Professional Accounlanls IIESBA Code) together with the elhi¢al requirements that are relevant lo our audit of the financial slalements in Uganda. and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Key audit matters Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial slalemenls of the current year. These matters were addressed in the context of our audit of the financial slalemenls as a whole, and in forming our opinion Ihereon, and we do not provide a separate opinion on these mallers, we did not come across a key audit matter. other Infomiation The board is responsible for the other information. The other information comprises the report of board, the schedule of other operating expenditure and any other reports that comprise the annual report bul does not include the financial statements and our auditorfs opinion. Our opinion on the financial slalemenls does not cover the other information and we do not express any fom of assurance conclusion thereon. Tilly ox 6898. Kampala ljclllt J Kothari aging Partner -A (UI. ACA. GRAD , CWA Narendra A. Thakkar Lirr>ited Liability Partnef FCA. CPA {KI, CPA (UI Priyansh V. Trivedi Limited Liability Partner CPA {UI, ACA, M.COM Thg firm is litsnsed and re9ul8tÉd bythe InS￿tLjteQI Certified PublK AccountÈnts ol Uganda and Flm NO iaerTiny Hem LLP is a mEm￿r of the gtobal ndwotk of Bakei Tilly Inlemalv)nal Lld thè mèmbor$ of which are 8èp8rstg and Indewndent18g81 enlililies BakerT￿lY rtsxnthftal Lim￿e￿ ￿ i￿￿￿rated In Eroland and W￿e5. The Company Rggistratstin is NO 4343879. The reglglèréd Dffice is 2 London Wall Pla¢e. London. EC2Y SAU. United Kin￿¢m. Arrsrtdto In￿stments knmit8d 18 Iho wster8tt ownerof the UK trade for bakel Tllly and IL% 1090

G bakertilly Office 4B, 4th Floor Plot g, Yusuf Lule Road, Kampala, P.0 Box 268g8, Uganda Tel- [phone] Email.. [e-mail] Website.. www.bakertilly.ug BAKER TILLY HEM LLP Certrfied Public Accountants REPORT OF THE INDEPENDENT AUDITOR TO THE BOARD OF UGANDA CONSERVATIONIUI LIMITEDIContinued} Responsibilities of Management and those charg¢d with governance of the organization The board is responsible for the preparation and fair presentation of the financial slalemenls in accorclan with the moo11fied cash basis of accounting described in Note 1 al. This includes determining that the a¢¢rual basis of accounting is an acceptable basis for the preparation of the financial slalemenls in the circumstances and undei the iequiremenls of the donor grant agreement, and for such internal control as management determines is necessary lo enable the preparation of financial statements that are free from material misslalement. whether due lo fraud or errol. In preparing the financial statements, the board is responsible for assessing the organisation's ability lo continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the board either intends lo liquidate the organisalion or to Trase operations, or has no realistic allernalive bul lo do so. Those charged with governance are responsible for overseeing the organizalion's financial reporting prO￿S$. Auditor's Responsibilities for the Audit of the Financial Statemont$ Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misslalemenl, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assuran￿ is a high level of assurance bul is nDI a guarantee that an audit condLJ¢led in accoidance with ISAS will always detect a m&lerial misstatement when il exists. Misslalements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expe¢led to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with ISAS. we exercise professional judgment and maintain professional skepticism throughout the aijdit. We also". Identify and assess the risks of material misslatemenl of the financial statements. whether due lo fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a material misslalemenl iesulling from fraud is higher than one resultin9 from error, as fraud may involve collusion, foTgery, intentional omissions, misrepresentations, or the override of internal control. .0. Boy Kaii Partner$= Manjit J. Kothari Managing Partner -PA (UI, ACA, GRAD . CWA Narendra A. Thakkar Limited Liability Partner FCA. CPA (KI, CPA (UI Priyansh V. Trivedi Limited Liability Partner CPA IUI, ACA, M.COM Thgfim18 Ileènsèd an# r9gulaled byih8 in8tiiuteof Cerufled PublicA￿)UnIants of Uganda and Finn NO. AF0303 BakerTilly Hetn LLP is 8 Mani￿10f the global nelM)ik ol Bakel Tilly Intemitional Lid. the ￿em￿r$ ol $re sgparaie and Ind8wnd9nl leg81 enlibbes B8ker Tilly Internal￿nal Limited i4 ifwfporaled in groland and W¥gs The Company Rggi5trElion 19 NO 4343879. Th¥ w￿1$tered offieè is 2 L￿dOn W&ll Plate. London, EC2Y SAU. Unl￿* Kingdom, Arr8ndco Inv8stmgnl$ Limlt•d is th$ regislgr&d ￿er￿1 the UK Irado mark for Baker Tilly and ils ass￿1£￿ log

G bakertilly Office 4B, 4th Floor Plot 9, Yusuf Lule Road, Kampala, P.0 Box 26898, Uganda BAKER TILLY HEM LLP Tel.. [phone] Certified Public Accountants Email.. [e-mail] Website: www.bakèrtilly.ug REPORT OF THE INDEPENDENT AUDITOR TO MANAGEMENT OF UGANDA CONSERVATIONIUI LIMITEDIContinuedl Obtain an understanding ol internal control relevant to the audit in order lo design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the organi5ation's internal control. Ev21uale the appropriateness of accounting policies used and the reasonableness of accounting eslimales and related disclosures made by management. Conclude on the appropriateness of management's use of the going concem basis of accounting and based on the audit evidence obtained, whether a material uncertainly exists related lo events or conditions that may cast significant doubl on the organisalion's ability lo continue as a going cOn￿rn. If we conclude that a material uncertainty exists, we are required lo draw allenlion in our auditor's report lo the related disclosures in the financial statements or. if such disclosures are inadequate. lo modify our opinion. Our conclusions are based on the audit evidenTr obtained up to the dale of our audilorfs ieport. However, future events or conditions may cause the organisalion lo cease lo continue as a going concern. Evaluate the overall presentation, structure, and conlenl of the financial stslemenls, including the disclosures. and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate wth those charged with governance regaiding, among other matters, the planned scope and liming of the audit and significant audit findings. including any significant deficiencies in inlemal control that we identify during our audrt. The engagement partner on the audit resulting in this independent auditor's report is CPA Manjil Kolhari thal holds practice certificate number IP01011. Certified Publi¢ couniants Kampala 2023 412ryJlt J. Kothari wa)aging Parrner

A (UI. ACA, GRAD , CWA Narendra A. Thakkaf Limited Liability Partner FCA. CPA IKI, CPA {U) Priyansh V. Trivedi Limited Liability Partner CPA IUI, ACI M.COM Thefirn Is Ilcèn$gd and re9u19￿d bylho illBlitutèof Cerbfied Public Accounlants of Uganda and Film NO. AF0303 erTilly Hem LLP IB a rnémberof the global ￿tY￿)rk ol Baker Tlly lnlemali￿3I Lid, the members ol which a￿ SeTh7ra￿ 8nd Independent ￿g￿lentil1￿es.8aker Til rttmatsnal Lirnited Is Irtor￿ratQd in Enylgnd ¥nd Wales COmpa￿Y Regisif8tion Is NO. 4N2879. The registered oif42 Is 2 London W1 Place. London. EC2Y SAU, Unite¢ Kingdom. Investments Limiled is t￿ registeréd ownerol the UK trade matk fprBakerTdty asxwie¢ k￿0

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Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 Decefnber 2022 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER Notes 2022 Ugx 2021 Ugx ASSETS Plant and equipment 14,995,368 3,092,611 Current assets Receivables Cash and cash equivalent 1,083,841,374 129,949.018 1,213,790,392 136,110,195 1.581,569,962 1,717,680,1 S7 Total assets 1,228,785,760 1,720,772,768 RESERVES AND LIABILITIES Reserves Reslri¢led funds Unreslricled funds Capital fund Total ￿seNeS 787,805,645 {801,779.0951 14.995.367 821,918 777,333,574 1792,767,5061 3,092,610 112,341,323 Current liabilitie$ Payables Deferred income 40,853,222 1.187,110,620 1.227.963,842 23,191,626 1,709,922,465 1,733,114,091 Total reserve and liabilities 1,228.785,760 1,720,772,768 The notes on p8ges 13 10 24 fomi an integral part of the financial statements Report on the Independent Auditor-pages 5 to 7 The financial slalements on pages 8 to 12 weie approved by the management on.. and signed on its behalf by". .2023 Director Director ly P.() 801 2fi898. io

Uganda Conservation{Ul Lim ited Audit Report and financial statements for the year ended 31 December 2022 STATEMENT OF CHANGES IN ACCUMULATED FUND Capital Fund Ugx Restricted Unrestricted Funds Reserve Ugx Total Funds Reserve Ugx Ugx For the year ended December 31, 2022 Al January 1, 2022 Surplus for the year 3.092.610 777,333.574 10,272,071 1792,767,5141 19,011,581) 112,341,329) 1.260,490 Additions Depreciation charge 14,998,763 13,096,006) 14,998,763 13.096,006) At December 31, 2022 14,995,367 787,605,645 1801.779.0951 821,918 Forthe year ended December 31. 2021 Al J8nuary 1, 2021 Surplus for the year Depreciation charge 4.690.469 783.058.574 15,725,000) 1812,456,5961 19,689,090 124,707.5S31 13.964,090 11,597,859) 11,597,859) At De¢ember 31, 2021 3,092.610 777.333.574 (792,767,506 112,341,322 The notes on pages 13 10 24 fotrn an integral part of the financial slalemenls. Report on the Independent Audilor-pages 5 10 7 li

Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 December 2022 STATEMENT OF CASH FLOWS Note 2022 2021 Ugx Ugx Cashflows from operating activities Surplus lor the year 1,260.490 13,964,090 Surplus before working capital Changes 1,260,490 13,964,090 Decrease in rèceivables 1947,731,1791 17,661.596 1522,811,8451 11.452,881.4281 197,807,435) 1501,4491 432,768,597 334,459,713 Increase l Decrease in payables Decrease l increase in deferied income Net cash generated from or spent on operating activities Increase l Decrease in cash and cash equivalents 11.451,620,9391 348,423.803 Cash and Cash Equivalents Al the $13rt of the ye8r Prior Adjustment 1,581,569,955 1,233,146,159 161 At end of the year 129,949,018 1,581,569,956 The notes on pages 13 10 24 fom an int￿ra1 part of the financial statements. Report on the Independent Audilor-p2ges 5 10 7 12

Uganda Conservationlu) Limited Audit Report and financial statements foT the year ended 31 December 2022 NOTES TO THE FINANCIAL STATEMENTS SIGNIFICANT ACCOUNTING POLICIES These Notes lo the financial slalemenls for the fiscal year ended 31 De￿mber 2022 form an integral part thereof and should be read and construed as such". General Infom)ation Ug8nda Consetvalion IUI Limitèd is a company limited by guarantèe, incorporated on 03 September 20202 under the Saws of Ugands. SuTnmary of Accounting Policies The primary accounting policies applied in the preparation of these financial statements are set out below. Except for changes lif any) disclosed in the Televanl accounting policy note, these policies have been consistently applied in dealing with items which are considered material to the wmpanls financial slatemenls for all fiscal years presented unless otherwise slated. Basis of Preparation and Presentation The financial statement have been prepared under historical cost convention, on the 8c¢rual basis unless otherwise staled within these accounting policy notels), in accordance with applicable laws and the international Financial Reporting Standards for Small and Medium sized EnliliesllFRS for SMES) Issued by the International Accounting Standards BoardllASBI as adopted and adapted lo Charities, financial reporting in Ugandallhe "applicable financial reporting framework l. There were no material departures from the applicable financi81 reporting framework. The preparation of the financial slalemenls in conformity with the IFRS for SMES requires the use of certain critical accounting eslimales, judgments and assumptions in the process of applying the accounting policies. This may 8ffecl the reported arllounls of certain assets and liabilities 8nd the reported amounts of income and expenditures during the reporting period. Although these eslimales are based on the management's best knowledge, adual results could differ from the eslimales. In the process of applying the accounting the ac¢ounting policies, areas involving 2 higher degree of judgments or complexily, assumptions and estimations which are significant lo the financial slalemenls are described in note below. The financial statements are presented in Uganda shillings IUGXI. the company's functional Currency arg rounded to the nearest shilling. Significant Accounting Estimates and Areas of Judgements Estimates and Judgement are continually evaluated and are based on historical experience and other relevant factors, including expectations of future evenls that are believed lo be reasonable under the ¢ircumslances. Critical accounting estimates and assumptions The company makes estimates and assumptions concerning the future. The ￿sUlting accounting estimates and assumptions will. by definition, seldom equal the related accrual results. The eslimales ancl assumptions that have a significant risk of causing the material adjustrnent lo the carrying amount of assets and liabilities within the next financial year are discussed below", 13

Uganda ConservationlUI Limited Audit Report and financial staternents for the year ended 31 December 2022 Income Tax-The Company is subject lo income taxes. Sigllilicanl jugements are required in determining the provision of income taxes. There are many transactions and calculations for which the ultimate tax determination is uncertain. The Company recognizes liabilities for anlicipaled lax based on estimates of whether additional taxes will be due Where the final lax outcome of these matters are different from the amount that were initially recorded. such differences will impact the current and deferied income tax assets and liabilities in the period in which such delerminalion is made. Provision for bad and doubtful debtors-The Company assesses whether the ieceivable is impaired on an annual basis. This requires an eslimalion of the amounts that are irrecoverable. Useful lives of assets-Due ID the technical nature of the ¢ompany's as5ets,' Management assesses useful lives based on general best practice in the sector. The assignecl useful live have a direct impact on the annual amount of depreciation or amortizalion charged to the ¢apilal fund. Critical areas of judgemènt No eslimales, judgement or assumptions have been made of identified that have signifi¢ant risk of causing material adjustments lo the carrying amounts of the assets and liabilities within the next fiscal year and no significant Judgements were used when spplying the accounting policies in the preparation of the financial slalemenls. Going Concern Having considered the company's future budgets. cash flows forecast and slialegy, the directors confirm that they have no material uncerlainlies about the Company's ability lo Continue in operational existence for the foreseeable future. They continLJe lo believe the going concern basis of accounting is appropriate in preparing these annual financial slalements. The financial slalemenl have therefore been prepared on the going concern basis and do not include any adjuslmenls relating lo the recoverability and classifications of the recorded asset amounts and classification that may be necessary if the organizalion is unable lo continue as a going ¢onGern. Having considered the company's future budgets. cash flows fore¢as15 and strategy, the directors confirm Ihal they have no material un¢ertainlies about the company's ability lo continue in operational existence for the foreseeable future. They continue lo believe the going ¢on¢ein basis of accounting is appropriate in preparing these annual financial statements. Property and equipment All capital costs of UGX 1,000,000 or more are capilalized and subsequently measured at a cost less accumulated depreciation and impairment losses All other repairs and mainlenanee costs are charged to the income and expenditure during the year in which they are incurred. Depreciation is calculated lo write down the carrying value of all depreciable tangible fixed assets, other than freehold and mailo land and assets under construction (capital w0rk-1n-pr￿re$sl. over their expected useful lives, on a slraighl-line balance basis with a full year's ¢harge in the year of acquisition, as follows.. Furniture Computers Motor Vehicles 12.5 % annually 33.3Yo annually 25.00/0 annually Motor vehicles funded by projects are depreciated over the lrfe of the project funding the pU￿haSe. 14

Uganda Conservation(Ul Lim ited Audit Report and financlal statements for the year ended 31 De¢ember 2022 Any assets acquired under finance lease and those funded by projects are capi181ized al the lower of their costs and fair value lor thè eslimaled present value of the underlying Sease payments) and depreciated over the shorter of lease or colllract term and estimated useful life of the asset to the company. Assets in the course of construction (capital work-in-progre5sI are not depreciated. Upon completion ol the project, the accumulated cost is transferred lo an appropriate asset category where ils depreciated according to the policy sel out above. Where factors indicate that the residual values or useful lives of a tangible assets may be changed, a review will be Carried out a residual value, depreciation methods and useful lives, and these will be amended if necessary. Changès in depreciation rates arising from this review are a¢¢ounled for prospectively over the remaining useful lives ol the assets. Impaimient of non-financial assets A review for indicators of irnpaiimenl is carried out at each reporting date, with the recoverable amount being estimated where such indicators exisl for asset lor group of related assets termed Cash Generating Unil- CGUI and ¢ompared lo the carrying amount. Where the carrying amount exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal al each reporting date. All impairment adjuslmenls are aCCOLJnted for in accordance with the IFRS for SMES. Cash and Cash Equivalents Cash and bank balances represent cash in hand and deposits with financial inslilulion repayable wilhoul penalty on notice of not more than 24 hours Cash equivalents are highly liquid inveslmènl that mature in no more than three months from the dale of acquisition and that are readily convertible to known amounts of cash with insignrficant risk ol change in value. Unless specifically slated, there are no significant cash and cash equivalent balances help by the company that is not available for use by the company because of, among other reasons. foreign exchange controls, or legal reslriclions. Recgivables and prepayments Receivables and prepayments with no slated interest rale and re￿IV?b1e within one year, are Initially measured al transaction price, less trade discounts and impaimienl. Loan or advances re￿1vable are measured initially al fair value, nel of Iransaclion costs, and are measured subsequently at amortized cost using the effeGlive interest method, less any impairment and or provision for doublful debts. Payables and provisions for liabilities Payables and provisions are recognized where the company has a present obligations resulting from the past event that will probably result in the transfer of fLJnds to the third party and the amount due lo settle the obligation can be measurerl for eslimaled reliably. Payables and provisions are normally recognRed al their settlement amount after allowing for any trade discounts due. Other financial liabilities, including bank loanslif any}. are measured ini118lly al fair value. nel of transaction costs, and are measured subsequently al amortvzed cost Using the effecb've interest method. The amount recognized as a provision is the best estimate of the consideration required lo sellle the present obligation al the end of the fisc21 year, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the lime value of money is material. the amount expected to be required lo 15

Uganda Conservationlul Lim ited Audit Report and financial staternents for the year ended 31 December 2022 sellle the obligation is recognized al present value using a pre-tax discount iale. The unwinding of the discount is re¢ognYed as a finance cost In the slalemenl of incomes and expenditure in the period il arises. Leases Leases are classified as financial leases whenever the terms of the lease transfer substantially all the risk and rewards of ownership of the leased asset lo the company. All other Seases are Classified as operating leases. Rentsls applicable lo operating lease are charged lo income or expense on the straight-line basis over the lease term Rentals paid under operating leases are charged lo the income slalement on the slraighl-line basis over the lease term, unless the rental payments are slruclured to Increase in line with expected general inflation, in which case the company reGognises annual rent expense equal to amounts owed lo the lessor. Where a lease includes pre~set increase in the rent payable to refle¢l expected inflation, then the annual expense is recognized in line with this stepped schedule Iralher than spreading the lolal cost over the period of the lease). The aggregate benefit of lease incentives is re¢ognised as a reduction to the expense recognised over the lease term on the slraighl-line basis. Financial Instruments The Company only has financial assets and financial liabilities of a kind that qualify as basis financial inslrumenls. Basis financial instruments are initially recognised al transaction value and subsequently measured al their selllemenl value. Financial assets that are measured al cost and amortised cost are assessed al the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the slalemenl ol comprehensive income. Finance assets and liabilities are offset and the nel amount reported in the balance sheet when there is an enforceable right lo set off thè recognised amount 8nd there is an intention lo settle on a nel basis or lo realize the asset and sellle the liability simultaneously. Taxation No lax has been provided for in the financial statements because management believes the company is involved in charitable activities and not engaged in enterprising activities In pursuil or private individuals benefit (which would have been reported and disclosed separately as profil seeking aclivitiesl,. which ¢onforms lo the requirements for exempted from income tax as detailed in section 2lbbllillBI of the Income T2x ActlC2p 3401 Section 2lbbllillBI of the Income Tax Actlcap 340) defines or provides for the inlerpretalion of an exempl Organization as Ibbl "exempl Organizalion. means any company, institution or irrevocable Irusl-lil which is- IA} an amateur sporting associalion,. IBI a religious, charitable or educational inslilulion of a public character.. or ICI a trade union. employee's association, an association of employers registered under any law of Uganda or an association established for the purpose of promoting famiing, mining, tourism, manufacturing, or commerce and industry in Uganda," and lill which has been issued with a written ruling by the commissioner currently in for￿ staling that il is an exempl Organizalion ,' and liiil none of the income or assets of which ¢onfers, or may confer, a private benefit on any person. 16

Uganda Conservation{Ul Limited Audit Report and financial statements for the year ended 31 December 2022 Significant Faclors affecting tax charge for the year There were no significant factors that affectecl the lax charge for the year which has been calculated on the taxable profit on ordinary activities before lax al Standard rale of incorNe tax In Uganda of 30°/.12020" 30 % Foreign Exchange The Company's functional and presenlalional currency is Uganda Shillings IUGXI. Transactions and balancès Foreign currency transa¢lions are translated into the functional currency using the spot exchange rates al the dales of the tians2Glions. Al each fiscal year end foreign currency monetary items are translated using the closing rate unless a contracted rale applies. Non-monelary items measured al hi51ori¢al Cost are Iranslalèd using the exchange rale 21 the dale of the transaction and non-monetary items measured al fair value are measurèd using the exchange rate when fair value was delerminecl. Sources of the foreign rale of exchanges majorly the company uses the daily transaction dealing rale as advised by the banks on the day of Iransacling. For any other transactions il uses the daily mid-rale foreign exchanges rates between the Uganda shilling and the major foreign currencies as published by the Bank of Uganda IBOUI unless a contracted rale applies. Income Recognition All income is recognised once the company has irrevocable enlillemenl to the income, il's piobable that the income will be received and the amount of income can be measured reliably and specific criteria have been mel for each of the company's aclivilies. as described below. Donalions-when there is ieasonablè certainly of ils ultimate receipt olhetwise on actual receipt. Grant and simi18r assistance whelher'c2pilal' or 'revenue' granls-when there is reasonable certainly of ils ultimate receipt and not deferred, otherwise on actual receipt Capital grants are deferred and amortised in line with depreciation over the lrfe of the assets through the capital fund. All incomes received in advance of planned activities implementation are treated as deferred income and released to the slalemenl of income and expenditure for the fiscal year in which the relalecj activities are implemented. Expendlture Expenditure is recognised on accrual basis as incurred {inclusive of irrecoverable value added tax where applicable) as soon as there 15 legal or ¢onslructive obligation commilling the company to that expenditure, il is probable that settlement will be required, and the amount of obligation can be measured reliably. Allocation and apportionment of costs For financral reporting purposes, costs are groLJped into direct charitable program costs, costs of generating voluntary income and governance costs heads by the directors guided by professional standards and best practice in the sector. SLJPPOrt costs are allocated where possible on the time basis, as with salaries Any remaining allocations over charitable activities are pro-rated according lo the relative amount of already allocated direct costs or the numbers of staff in the unil. 17

Uganda Conservationlu) Lim ited Audit Report and financial statements for the year ended 31 December 2022 Employee retiremgnt benefits The Cofnpany operates a defined contribution plan (legal requirement IhroLJgh NaliDnal Social Security Fund by paying 10% of the employee's gloss monthly salary lo the NSSF which is an independent establishment from the company) scheme for the benefit of its employees. Contributions are recognised as an expense in the fiscal year in which they are incurred. Termination benefits are recognised as an expense when a detailed fomal plan for the lerminalion has announ¢ed lo the employees affected 2nd are measured at the eslimaled expenditure required lo settle the obligations al the reporting date. Share Capltsl The company is limited by guarantee without a sh8re capital. Each members accepts to contribute such amount as may be required not exceeding UGX 1,000,OOOIUganda shillings one million only) in the event of the company being wound up while he, she or il is a member or within one year afterwards Comparatives Whereas every effort may have been made lo Match year on year Figures, some inevitable reclassifi¢alions may have occurred that may affect the precise comparison of figures in the current fiscal year with those in the prior period. Third Party Payments. Payments made to vendors directly by the donor lif any) on behalf of any project being implemented by the company are recognized and included within the income (Re￿Ip1s) and appropriate expenditure 9 Idisbursemenlsl heads. This is all done ensuring that there is no double according. Contingent assets, contingent Liabllities and Commitments There are no conlingenl assets and conlingenl liabilities arising from events occurring before the encl of the fi$￿1 reporting period whose existence will be confirmed only by the occurrence of events not wholly within the company's control. Other than the liabilities summarvzed in the financial slalemenls. there are no commitments. Related Party Transactions Due to the nature of the company's operations and the composition of the Board, being drawn from local public and private sector organizations, il is inevitable that transactions will lake place with entities in which a member of the Board may have an interest. All transactions involving entities in which a member of the Board may have ari interest arè conducted al arm's length 2nd in accordance with the company's finance and procurement procedures. No such transactions We￿ identified in the Current or previous year unless as detailed in the notes lo the financial slatemenls. Directors, trustees. and their close relatives may qualrfy as related parties as defined in the applicable financial reporting framework. Directors and trustees don'l receive remuneration and amenities unless as employees of the Company. Details of such payments and reimbursed expenses lo directors and IrLJslees are disclosed separately in the financial statements (as and when applicable) 18

Uganda Conservationlu) Lim ited Audit Report aftd finanGial statements for the year ended 31 December 2022 The Company is a collection of projects. Material Inlerdependen¢ies between the company and Its proje¢ls arise a5 a consequence of this relationship. For reporting purposes, the company and the other projects are not Irealed as related partie5. Except lo the exlenl disclosed in a schedule lif any) lo this note. there were no transactions lo sale of goods and servI￿s, purchases of goods and services, key management compensation. loans and advances, tr2nsa¢lions involving key management personr)el and or fiscal year end balances arising from such transactions involving related parties or those controlling the Company. Average Number of Employees. The average number of employees. including salJiied directors, during the fiscal year was 10. Events after the end of the reporting period. The directors have evaluated subsequent events through lo the date of signing these financia1 slalemenls. As a result of this ev31uation, there are no matèrial subsequent events that require adjuslmenls. disclosure or would have a material impact on reported financial perfomiance, nel assets or changes in nel assets. 19

Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 December 2022 NOTES TO THE FIANCIAL STATEMENTS (CONTINUED Income 2022 Ugx 2021 Ugx al Restricted Income Grants David Shepherd Wildlife Foundation International Elephant Foundation Sea World Busch Gardens Conservation Foundation Tusk Trust Grants WildAid 85,430,808 82,966.238 84,904,105 557,866.502 130,917,837 266.406,841 22,429,715 678,174,359 1,926,600 197,730,789 660.372.387 228,137,443 238,373,997 21,380,670 Dulverton Tru51 United Nations UWA Conlribulion5 CITES Global Conservation Olsen Animal Trust Cincinnati Zoo Wildlife Protection Solutions Great Plains Conservation Foundation Lion Recovery Fund Tusk Trusl-UK Matching Aid European Union-IUCN SOS Northern Lowrange TrLJsI INRTI Van Tienhoven Foundation Save Giraffee Now March Conserv8tion Fund Online Giving -Ooda Northern Rangerlands Company Ltd Chobe Safari Lodge Wildlife Crime Prevention Project Rufford Foundation WWF Improved Forest 79,226,355 566,541.878 157,090,479 942.595.507 2,213,489 34.459,525 14.200.747 131,764,344 140,962,250 401,675,993 200,024,841 58,458.963 90,482,899 483.127,869 167.474,278 557.054.934 13,209,240 56,223,300 69,565,270 23,651,770 26,248,162 7,311,920 19.011,150 26.753,820 76,194,800 Totsl grants 4,1 $2,392,448 3,450,149,629 bl Unrestricted Funds Grfls and donations Project Services Other Unreslricled Grants International Elephant Foundation 5,500,155 560,176,271 92,418,501 69,533,581 6,828,004 415,751,107 12,795,860 106,761,919 20

Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 December 2022 Sea World BLJs¢h Gardens Conservation Foundation Tusk Trust Grants Global Conservation Northern Lowrange Trust INRT) Trees That Feed Foundation March Conserv8tion Fund Membership Merchandise Income Other Income Other Income -Molor Vehicle Disposal 23,798.645 18,827.531 74.141,933 202.832,682 10.464,353 9,418,860 14,345,907 21,967,980 29,181,354 740,000 38,209,048 40.074,430 7.595,430 7,000 7,767,472 Total 988,91S,336 780,222,687 21

Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 December 2022 NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI 2. Property and equipment Computer and equipment Ugx Furniture and fittings Ugx Motor vehiclos Total Ugx Ugx Cost At January 1, 2022 Adclilion 30,387,305 14.998,763 45,386,068 12,989,115 88,072,744 31,449.164 14 998,763 146,447.927 At December 31, 2022 12,989,115 88,072,744 Depreciation Al January 1. 2022 Charge for the yesr Al December 31, 2022 30,387,305 2.284,781 32,672,086 9,896,504 811.225 10,707,729 88,072,744 28,356,553 3,096,006 131.452,559 88,072.744 Net book value At December 31, 2022 12,713,982 2,281,386 4.995,368 At Dec&mber 31, 2021 3,092,611 3,092,611 22

Uganda Conservation(Ul Lim ited Audit Report and financial statements for the year ended 31 December 2022 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 2022 2021 Ugx Ugx 3. Receivables Trade receivables 678.849.134 10,405,620 146,453 336,907,697 47,684.470 9.848,000 1,083.841.374 10.852.390 26,013,691 Prepayments Other Re￿1V8b1es Other Re￿iVableS (Deferred Project Costs) Stsff advances Staff salary advances Total 62.498,022 36.746,091 136.110,195 4. Cash and Cash equivalents Orient Bank - USD Orient Bank- UGX Orient Bank- GBP Petty Cash- USD Orient Bank - USD Operations Orient Bank - UGX Operations Petty Cash- UGX Total 2,120,679 22,057,966 91,527.695 1,098.399 4,820,617 5.985,062 2.338,599 129,949,018 173,977,829 20,074,216 1,369,179,459 2,812 8,531,779 7,749.685 2,054.183 1.581.569.962 S. Capital Fund As at the end of the year Additions 3,092,610 14,998,763 13.096,0061 4,690.469 Depreciation {1,597,8091 Total 14,995,367 3.092,610 23

Uganda Conservationlu) Limited Audit Report and financial statements for the year ended 31 December 2022 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 2022 2021 Ugx Ugx 6. Payables Accrued Audit fees Withholding Tax 7,434.000 16,624,622 16,794,601 40,853,222 6,700,000 3,443,635 13,047,991 23.191.626 Total 7. Deferred income Ranger Education Funot Lion Research Radio and Solar 2,757,308 23,314,805 3,256,902 21,868,056 510.479,941 9.498.478 10,620,780 21.350.541 11,584.661 91,208,602 50,942,475 18,408,168 69,533.581 14,939,897 37.288.212 289,217 113,808,948 130,516,335 Rweshama RP CITES MIKES-Phase 2 Wildlife Ranger Challenge Support.. JOCC & Dihychlostalus Operation5 SLJPPOrt.'Murchison Falls -Ranger Fund Operations Support."Queen Elizabelh-Ranger Fund Operations Support.'Queen Elizabeth -Projecl Ranger Power, Raclios and lower Installation -MF Sengenge Ranger Post Operations Support.'Queen Elizabeth -Ranger Fund 2 UCF CORE Operalions-IEF1$20,0001 TT UCF CORE Operations Support-Articles Operations Support."Murchison Falls -Projecl Ranger IS¢outsl IUCN SOS Lion Project Murchison Falls JOCC Operations Support Kidepo Community Project Kibaale Project Kidepo JOCC Construction Project WRC 3 -MFPA 21,868,056 422.634,313 3,317,382 185,340,564 5,045,547 54.422,648 25,003,622 36,429,593 198,841,553 48,658,300 69,810,491 4,926,064 87,462,349 4.223,508 154,333,296 WRC 3 -QEPA WRC 3 -Ziwa 10,229,550 4,926,064 TT Key Stone Grant."Buligi Marine Ranger Slalion Operations Support..Queen Elizabeth -Projecl Ranger (Scouts) TT key stone -Murchison Falls Mupiina Ranger Post Camivore Programme Kidepo Scouts Scholarship -SGN Kidepo Lion Support-GPFIGC 101,442,141 62.934,930 12,954,698 23.743,334 216.818,180 Total 1,187,110.620 1.709,922,465 24

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Uganda Conservation Foundation On accounts for the year 31 December 2022 Charity no 1087295 ended (if any) Set out on pages 1 & 2 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130

• of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements

• concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 10/10/2023 Signed: Name: Kelly Chadwick Relevant professional ACCA qualification(s) or body (if any): Address: CCF Accountancy Limited Ground Floor, 30 Victoria Avenue Harrogate, HG1 5PR

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER