Issuu

ANNUAL REPORT 2025

BLACK JAGUAR FOUNDATION

“What you do makes a difference, and you have to decide what kind of difference you want to make.” Jane Goodall

TABLE OF CONTENT

16 THE BJF RESTORATION CYCLE

44 LANDRAISING

4 MISSION & VALUES

22 WORK ON THE GROUND

48 FUNDRAISING

6 MESSAGE FROM THE BOARD

10 IMPACT OF THE CORRIDOR

14 MORE THAN PLANTING TREES

2025 MILESTONES

EMPOWERING COMMUNITIES

RESTORATION

MEET THE TEAMS

2025 FINANCES

2026 GOALS 3

MISSION & VALUES

MISSION & VALUES It is too late to be a pessimist. The Black Jaguar Foundation is driven by a deep commitment to the environment, fueled by our team’s determination, passion, and innovation. Our objective is ambitious: to plant over 1.7 billion native trees to realise the Araguaia Biodiversity Corridor. This will revitalise the Cerrado Savanna & Amazon Rainforest and contribute to the preservation of our planet for future generations. Over the years, we have developed the BJF cycle of 17 steps of restoration, starting with the local community, followed by the science, the planting and the years of maintenance and care. The impact for each of us will be extraordinary and so is the scope of this project. We cannot achieve it alone. Realising the Araguaia Biodiversity Corridor is only possible with the support of like-minded individuals, global partners and local farmers. That’s why we’re grateful for all your continuous support!

Watch our initiator’s thank you message showing how your support is contributing to our mission of hope and action!

MESSAGE FROM THE BOARD

These efforts already revealed the return of several native wildlife species, clear evidence that ecological recovery is taking place.

At Black Jaguar Foundation, we believe in the power of collective action to restore our planet. In 2025, the urgency of addressing climate change, biodiversity loss, and ecosystem collapse became even clearer. This was strongly reflected at COP30 in Belem this year, where we proudly participated, bringing the voice of large-scale ecological restoration to the global stage. While international commitments to nature restoration continue to grow, the gap between ambition and implementation remains significant. Encouragingly, the global movement for ecological restoration is gaining momentum, and we are proud to play our part.

The 2024/2025 planting season was a major success. We planted a record 611.400 native trees and restored more than 244 hectares of land. With this achievement, we reached a cumulative total of 1,3 million trees planted and 627 hectares restored since the beginning of the project. In parallel, we began planning and implementing the 2025/2026 planting season, with the goal of restoring an additional 280 hectares of the corridor. Behind these achievements are the dedication, resilience, and expertise of our field teams, who work day in, day out under harsh and often extreme conditions. Their relentless focus on quality restoration enables us to improve with every planting season, ensuring that we build the experience, systems, and confidence required to scale up our restoration efforts significantly in the years ahead.

This year strengthened our capacity to scale up our ecological and social impact for the years ahead.

This year brought both progress and challenges. As climate extremes continue to affect restoration efforts worldwide, adaptability and resilience remain essential. Our large-scale nursery received major structural improvements to ensure even higher-quality seedling production, increase survival rates, and create better ergonomic conditions for our nursery team. As a result of the investments made in 2025 in the nursery, our production capacity increased from 500.000 to 650.000 seedlings per planting season. For next year, we have clear plans to continue to further increase the production capacity drastically, strengthening our ability to scale impact in the years ahead.

Along the Araguaia Biodiversity Corridor, we expanded our operations to 24 partner farms, continuing to apply our science-based 17-step restoration cycle. At the same time, we advanced biodiversity monitoring by installing camera traps in our first restoration areas.

Ben Valks Initiator & Board member BJF Brasil

Flavia da Cruz Carneiro Board member BJF Brasil

Camila Lefèvre Board member BJF Brasil

Our BJF Araguaia Seed Network continued to flourish and today includes more than 116 active collectors. In 2025, we welcomed our first Indigenous Peoples’ seed collector group, the Aldeia Kayapó community in Barreira do Campo (Pará, Brazil). This marks an important milestone in building a more inclusive restoration model rooted in local leadership and shared prosperity. Throughout the year, our seed network collected 3,14 tonnes of native seeds from the Amazon and Cerrado biomes. We remain united by one clear vision: to realize the Araguaia Biodiversity Corridor in the coming 19 years, one of the world’s longest biodiversity corridors, for the benefit of future generations.

IT’S TOO LATE TO BE A PESSIMIST LET’S MAKE POSITIVE IMPACTS TOGETHER!

Drs. Ingomar Klaui Board member BJF Netherlands

Bart Jaspers Board member BJF Netherlands

Drs. Jerry Griep Board member BJF Netherlands

TOGETHER WE ARE RESTORING THE BALANCE

REALISING THE LONGEST BIODIVERSITY CORRIDOR AND ONE OF THE LARGEST REFORESTATION 8

PROJECTS ON EARTH!

BETWEEN NATURE AND HUMANKIND...

THE ARAGUAIA BIODIVERSITY CORRIDOR HAS THE SIZE TO TRULY MAKE A DIFFERENCE!

2600km long

40km wide

1 million

hectares to restore

1,7 billion native trees to plant 9

IMPACT OF THE ARAGUAIA CORRIDOR

+20.000 jobs in restoration

1 million hectares to restore 1,7 billion native trees to plant

US$ 17,1 BILLION

in avoided costs for the planet. BIODIVERSITY | WATER | CREATING JOBS

80+ native species currently being grown Read the full impact study: bit.ly/impactstudybjf

Nursery producing + 650.000 seedlings 11

IMPACT OF THE ARAGUAIA CORRIDOR

THE ARAGUAIA BIODIVERSITY CORRIDOR

through the eyes of a special partner

ECONOMIC FEDERAL BANK

The Araguaia Biodiversity Corridor was selected by CAIXA’s Socioenvironmental Fund to become a documentary. A film crew traveled to our field operations to experience the work up close and connect with the people bringing restoration to life. Now, you’re invited to be among the first to step into this story, and witness how we are restoring the Amazon and the Cerrado through the leadership of local communities, generating real and lasting socio-environmental impact.

IMPACT OF THE ARAGUAIA CORRIDOR

A Lens on the Ground: THE STORIES BEHIND THE ARAGUAIA BIODIVERSITY CORRIDOR

The Araguaia Corridor is both an environmental and a social project. Through ecological restoration in the Amazon Forest and Cerrado Savanna, we are combatting deforestation and biodiversity loss, while simultaneously empowering local communities by creating jobs and local opportunities. “A Lens on the Ground” zooms into the Araguaia Biodiversity Corridor and showcases the stories of our team – making it clear that ecological restoration starts with the communities on the ground! Through a visual story, we showed the faces behind our restoration processes, emphasizing the motivation of the BJF team to create positive change in their communities and the incredible progress made so far.

X 13

MORE THAN PLANTING TREES

ARAGUAIA BIODIVERSITY CORRIDOR

more than planting trees

The following are some of the steps in our restoration process:

THE BJF RESTORATION CYCLE 16

THE BJF RESTORATION CYCLE

17 steps to bring back healthy forests COMMUNITY ENGAGEMENT

LANDOWNER PARTNERSHIPS

MAPPING

BIODIVERSITY PLANNING

FIRE BRIGADE

ENVIRONMENTAL EDUCATION

SCIENTIFIC PARTNERSHIPS

EVIDENCE BASED RESTORATION

FIRE PREVENTION

UP TO 20 YEARS OF MONITORING

3 YEAR MAINTENANCE & CARE

PLANTING TREES & SEEDS

LOGISTICS

FENCE CONSTRUCTION

SOIL PREPARATION SEED AND RECOVERY COLLECTION

SEEDLING PRODUCTION

THE BJF RESTORATION CYCLE

COMMUNITY

17 steps to bring back healthy forests

COMMUNITY ENGAGEMENT

LANDOWNER PARTNERSHIPS

FIRE BRIGADE

ENVIRONMENTAL EDUCATION

Working together with local communities, schools, technical partners and other non-profits.

Helping farmers with restoration and compliance with the Forest Code.

Providing training to prevent and control fires and supplying fire brigade tools.

Lecturing on the importance of ecological restoration.

THE BJF RESTORATION CYCLE

SCIENCE

17 steps to bring back healthy forests 5

MAPPING AND VALIDATION

BIODIVERSITY PLANNING

SCIENTIFIC PARTNERSHIPS

EVIDENCE BASED RESTORATION

Evaluating the right combination of native trees to select the methods of restoration.

Making sure we follow the highest possible standards of restoration.

Experience, research and knowledge, in close collaboration with leading institutions and partners.

Assessment of the land, to map the areas that need to be restored.

THE BJF RESTORATION CYCLE

PLANTING

17 steps to bring back healthy forests

OUR OWN TREE NURSERY

SEED COLLECTION

SOIL PREPARATION

BUILDING FENCES

LOGISTICS

PLANTING TREES & SEEDS

We build, develop and operate our own tree nurseries to grow local tree species.

In cooperation with local seed collectors, specific seeds are collected.

Equalizing the land and removing rocks, stones, and trunks.

Construction of fences to protect our growing trees where they are vulnerable to cattle.

Our restoration sites are dispersed in remote areas with long distances in between.

Restoration, with love and care: on average 2.500 trees per hectare, planted by hand by our local team.

THE BJF RESTORATION CYCLE

3 YEAR CARE

17 steps to bring back healthy forests 15

FIRE PREVENTION

3 YEAR MAINTENANCE

UP TO 20 YEARS MONITORING

The first 3 years we must grow our seedlings in the right mix and remove invasive species.

Monitoring growth to make sure a selfsustaining ecosystem will come back.

We make sure that natural barriers and fire lookouts are created.

WORK ON THE GROUND

BLACK JAGUAR FOUNDATION

planting season

The Black Jaguar Foundation’s planting season video shows how we will be planting 1,7 billion trees with local landowners and how far we are today.

TEMPORADA DE PLANTIOS Planting Season

Look at what we have achieved together!

With your support, we are growing, developing the BJF Nursery, improving our restoration techniques, and most importantly, bringing back life! Watch it and have a look at the progress that has been made so far to reach our goal of restoring the balance between nature and humankind!

2025 MILESTONES

2024/2025 PLANTING SEASON

611.400

TREES PLANTED

244

HECTARES RESTORED

NATIVE TREE SPECIES

ACHIEVING... This achievement was only possible thanks to the partnerships we have built, both rural and institutional, and our team, committed to transforming the Araguaia Biodiversity Corridor into an example of how environmental conservation and agricultural production can go side by side. So thank you all!

+ 1.300.000 TREES PLANTED

627

HECTARES RESTORED

PARTNERS FARMERS

...SINCE THE BEGINNING OF THE PROJECT!

2025 MILESTONES

BJF NURSERY:

center for the restoration of life! OVER 80 NATIVE TREE SPECIES Our nursery has produced seedlings from more than 80 native species of the Amazon and the Cerrado.

EXPANDED CAPACITY

ENVIRONMENTAL EDUCATION HUB

The BJF Nursery is now able to produce up to 650.000 seedlings per planting season!

The nursery has become a hub for environmental education, welcoming schools and universities from across the region.

STRUCTURAL IMPROVEMENTS AT OUR FACTORY OF LIFE

Throughout 2025, with the support of our partners, we implemented structural improvements in our nursery. In addition to expanding our production capacity from 500.000 to 650.000 seedlings per planting season, we built a transition area, raised the seedling beds, installed windbreaks, drilled a new water well, and upgraded the electrical system. All of this to ensure even higher-quality seedling production!

2025 MILESTONES

CAMERA TRAPS the return of biodiversity in our restoration sites Ecological restoration at the Black Jaguar Foundation has gained new eyes! Throughout 2025, we installed camera traps across our oldest restoration areas to monitor one of the most exciting and meaningful indicators of success: the return of biodiversity. Quietly capturing life day and night, these cameras are revealing the first signs of wildlife reclaiming these landscapes. And the results are truly inspiring. A growing diversity of species has already been recorded moving through our young forests, a powerful sign that nature is recovering, reconnecting, and thriving once again.

Click the play button to hear Ben Valks, founder of the Black Jaguar Foundation, explain how wildlife is returning to our restoration sites.

2025 MILESTONES

THE BJF ARAGUAIA SEED NETWORK

generating income for local communities The BJF Araguaia Seed Network is a community-based seed network that lies at the heart of our restoration efforts in the Araguaia region. Bringing together local collectors, the network supplies a rich diversity of native seeds from the Amazon and Cerrado, while generating income and strengthening livelihoods. Each seed collected carries knowledge, care, and connection to the land. By empowering communities as active partners in restoration, the BJF Araguaia Seed Network helps turn ecological recovery into a shared and lasting impact.

+ 7,5 TONS OF SEEDS SOLD OVER 120 SEED COLLECTORS

2ND BJF ARAGUAIA SEED NETWORK MEETING

+ € 57.000 PAID TO COLLECTORS

In 2025, we brought together collectors, buyers, partners, and the BJF team to share knowledge. Watch the video and experience this special moment with us.

2025 MILESTONES

BLACK JAGUAR FOUNDATION AT WORKSHOPS & PANELS

Our team gathered in Belém, Pará (Brazil), to take part in COP30, bringing the voice of large-scale ecological restoration to the global stage. At the heart of our presence was our stand at the Pará Pavilion, hosted in partnership with the Municipal Secretariat of the Environment (SEMMA) of Santana do Araguaia. This space became a vibrant meeting point, where we presented the Araguaia Biodiversity Corridor, connected with potential partners, and reinforced a key message: agricultural production and sustainability can go hand in hand. Throughout the week, we welcomed visitors, institutions, and inspiring voices such as scientist, and BJF Ambassador, Prof. Carlos Nobre, while opening doors to new collaborations and strengthening existing partnerships.

SEEDS OF TOMORROW: ECOLOGICAL RESTORATION AND COMMUNITY LEADERSHIP IN THE AMAZON

Beyond the pavilion, we also led workshops on ecological restoration and community leadership and presented our work in the Blue Zone, sharing how restoration in Brazil is not only possible, but already happening through collaboration and the leadership of local communities. Our participation in COP30 was a powerful opportunity to expand dialogue, build alliances, and accelerate the restoration of landscapes across the Amazon and Cerrado.

ARAGUAIA BIODIVERSITY CORRIDOR: RESTORING LANDSCAPES AND EMPOWERING COMMUNITIES

THE IMPORTANCE OF THE ARAGUAIA BIODIVERSITY CORRIDOR FOR THE AMAZON AND THE CERRADO

Without forests, we would not have rain or agriculture. Brazil is one of the world‘s largest agricultural producers feeding the world. The resilience of global human food systems and their capacity to adapt to change depends on biodiversity and healthy rain cycles. Through ecological restoration, we can fight the climate crisis, give hope, and show that together we can restore the balance between nature and humankind!

EMPOWERING COMMUNITIES 32

COMMUNITY

EMPOWERING LOCAL COMMUNITIES

OUR SEED NETWORK HAS ITS FIRST INDIGENOUS PEOPLES’ SEED COLLECTOR GROUP

BJF PARTICIPATES IN THE TRAINING WORKSHOP OF THE 38TH ECOS FUND GRANT

BJF AT THE 4TH REDÁRIO MEETING IN NOVA XAVANTINA (MATO GROSSO, BRAZIL)

SYMBOLIC TREE PLANTING WITH FARMERS AND THEIR CHILDREN

We have mobilized the first Indigenous Peoples’ seed collector group to join the BJF Araguaia Seed Network! The Aldeia Kayapó, located in Barreira do Campo (Pará, Brazil), has already received training and begun collecting native seeds to support the restoration of the Araguaia Biodiversity Corridor. A historic milestone for the network!

The Black Jaguar Foundation team took part in a workshop, alongside other associations and institutes selected to develop eco-social projects through the 38th Ecos Fund Grant. In 2025, the funding supported the BJF Araguaia Seed Network in achieving more autonomy and expanding the impact of our seed collector groups.

The Black Jaguar Foundation and the BJF Araguaia Seed Network were present at the 4th Redário Meeting in Nova Xavantina (Mato Grosso, Brazil).

For the second consecutive year, we invited partner farmers and their children to participate in a symbolic tree planting event!

It was four days of learning, exchanging experiences with collectors and seed networks from all over Brazil, and visits to restoration areas.

Who’s excited to see these trees grow, alongside the children who will be responsible for preserving them in the future? We are!

COMMUNITY

OUTREACH

UBS BANK - PROGRAM DIRECTOR OF CLIMATE AND ENVIRONMENT VISITS OUR FIELD OPERATIONS

BLACK JAGUAR FOUNDATION AT ONE OF THE LARGEST AGROFAIR IN BRAZIL

EMBASSY OF NETHERLANDS IN BRAZIL VISITS THE ARAGUAIA BIODIVERSITY CORRIDOR

BJF AT THE WORLD COCOA FOUNDATION 2025 PARTNERSHIP MEETING

We were delighted to welcome a special visit from one of our key partners, UBS Optimus Foundation. It was an inspiring opportunity to witness the positive socio-environmental impact we are creating together in the region and to experience firsthand the ecological restoration and community engagement efforts underway across the Araguaia Biodiversity Corridor.

Black Jaguar Foundation took part in Agrishow, one of the largest agricultural technology fairs in the world. Being present at this event was a valuable chance to share our mission with major representatives of Brazilian agribusiness. We presented the Araguaia Biodiversity Corridor, emphasizing how ecological restoration can go hand in hand with agricultural production.

We had a very special visit of Mr. André Driessen, Ambassador of the Kingdom of the Netherlands to Brazil, and Mr. Emiel Mulder, Biodiversity Counselor at the Embassy of the Kingdom of the Netherlands in Brazil.

Our founder, Ben Valks, was invited to participate in the panel “Agroforestry, Reforestation, and Biodiversity: The True Business Success Story” at the World Cocoa Foundation 2025 Partnership Meeting. It was a fantastic opportunity to promote the Araguaia Biodiversity Corridor and the work we’re doing with local communities and landowners in the region.

During the visit, our guests had the opportunity to see firsthand the work carried out by the Black Jaguar Foundation.

COMMUNITY

IN THE PRESS IN 2025, BLACK JAGUAR FOUNDATION STRENGTHENED ITS RELATIONSHIP WITH THE BRAZILIAN MEDIA, ACHIEVING:

+60

MEDIA FEATURES

INTERVIEWS

TELEVISION

OPINION ARTICLES

NEWS FEATURES

VALOR ECONÔMICO: RESTORED FOREST, STRONGER PRODUCTION

CNN MAIS VERDE: PROJECT RESTORES THE ARAGUAIA BIODIVERSITY CORRIDOR

Opinion article written by Carlos Nobre highlighting the importance of Black Jaguar Foundation’s work for sustainability in partnership with Brazilian agriculture and livestock production.

Laís D’Isep, Community Engagement at BJF, speaks about the bold goal of restoring 1 million hectares along the banks of the Araguaia River over the next 20 years through community mobilization.

SCAN & READ

SCAN & WATCH

RADIO

EXPLORE A SELECTION OF BLACK JAGUAR FOUNDATION’S MAIN MEDIA HIGHLIGHTS IN 2025!

COMMUNITY

IN THE PRESS

RESTORING BIODIVERSITY IN BRAZIL THROUGH PARTNERSHIPS WITH FARMERS

AGROMAIS: BLACK JAGUAR AIMS TO PLANT 1.7 BILLION TREES IN 20 YEARS

FALA CARLÃO: INTERVIEW SERIES ABOUT THE ARAGUAIA BIODIVERSITY CORRIDOR

Q&A BEN VALKS: ACTION AND HOPE IN THE AMAZON

A delegation from the Kingdom of the Netherlands in Brazil was invited to visit our field operations in Santana do Araguaia (Pará, Brazil). Learn more about the visit in a feature story published by our partners.

Diogo Castro, BJF Fundraiser, speaks with the AgroMais program about how we will plant 1,7 billion trees in the Araguaia region - all in partnership with local communities and farmers.

Journalist Carlão, from the respected Fala Carlão YouTube channel, visited our field operations and produced a series of interviews with our team, seed collectors, partners, and many others.

An interview with our initiator, Ben Valks, was featured in the September edition of Holland Herald by KLM. Read the full story to discover how we are turning a bold mission into reality.

SCAN & READ

SCAN & WATCH

SCAN & READ

COMMUNITY

AWARENESS Beyond promoting the Araguaia Biodiversity Corridor in the Brazilian and international media, we also focused on expanding the digital visibility of Black Jaguar Foundation. Our Communications team developed strategies aimed at strengthening the organization’s presence among key target audiences — and the results are already visible:

2025

E R S!

DIGITAL CHANNELS

INSTAGRAM & LINKEDIN

E-MAIL MARKETING

WEBSITE

2,6

30.000

VIEWS

MARKETING

USERS

12.273

W 8.278 NE

F O L LO W

MILLION

MILLION REACH

E-MAILS

OPENINGS

ACTIVE

117.000 VIEWS

RESTORATION

YEAR 1

YEAR 2

RESTORATION

NURSERY: BJF FACTORY OF LIFE NURSERY DEVELOPMENTS

BJF NURSERY HAS BEEN RENEWED FOR ANOTHER 20 YEARS!

BJF VISITS NURSERIES TO EXCHANGE KNOWLEDGE ON SEEDLING PRODUCTION

STRENGTHENING PARTNERSHIPS TO RESTORE NATURE

BJF NURSERY OPEN FOR EDUCATIONAL VISITS FROM SCHOOLS AND UNIVERSITIES

The land concession for the Black Jaguar Foundation nursery in Santana do Araguaia has been renewed for another 20 years! The nursery is essential for the Araguaia Biodiversity Corridor, connecting the Cerrado and Amazon biomes along 2.600 km. This renewal strengthens our commitment to ecological restoration and the generation of positive social impact.

Norivânia Diniz, our seedling production analyst, has visited three forest nurseries to exchange experiences, learn about new techniques, and share the challenges of ecological restoration. The training sparked new ideas to improve the technical processes of the team and practical enhancements that can be applied to the day-to-day seedling production.

We welcomed the technical team from Ideflor-Bio to Santana do Araguaia (Pará, Brazil), who got to see firsthand the work of our nursery and the BJF Araguaia Seed Network. It was a day full of knowledge exchange and learning, with detailed presentations about native seedling production and the ecological restoration areas promoted by the Black Jaguar Foundation.

The BJF Nursery has become a vibrant space for environmental education. To further inspire awareness and care for nature across the region, we now welcome guided educational visits for students from schools and universities. It’s a unique opportunity to experience, step by step, how native seedlings are grown and how restoration begins.

40 40

RESTORATION

PLANTING BEFORE

AFTER

FIELD TEAM TRAINING WEEK

PREPARING FOR THE 25/26 PLANTING SEASON

FROM DEGRADED LAND TO FOREST

BEFORE X AFTER: ECOLOGICAL RESTORATION RESULTS

Time to take a close look at the results from the last planting season, reflect on key learnings, and align goals and planning for the upcoming rainy season.

When the rains arrive in the Araguaia region, it’s time to bring months of planning to life.

What was once degraded land is now a growing forest. This transformation occurred in a Permanent Preservation Area (APP), in one of the priority regions of the Araguaia Biodiversity Corridor. And our loyal partner Sumthing has created an incredible video showcasing the positive environmental impact we’re generating in the region!

From January 2023 to October 2025, the transformation is clear.

Because large-scale ecological restoration takes technique, preparation, and - above all - a team deeply committed to realizing the Araguaia Biodiversity Corridor.

A great deal of preparation goes into this moment to ensure that, as soon as the rainy season begins, all seedlings and seeds are ready to be planted across our restoration areas. That’s the key to a successful planting season!

What was once a degraded area is now coming to life, with native seedlings growing and bringing color and vitality to the Araguaia Biodiversity Corridor. Every seedling planted is a step toward a greener, more vibrant future!

RESTORATION

MAPPING Mapping is a vital part of determining which parts of land in a given property need to be ecologically restored. At the Black Jaguar Foundation, our Mapping Analyst, Clarissa Sciarra, is in charge of the mapping process. In Brazil, rural properties fall under the ‘Rural Environmental Registry’ (CAR). Under CAR, landowners are required to map and classify their land to integrate environmental information for the purposes of monitoring, environmental and economic planning and combating deforestation. We help landowners map their property to determine which parts of their land they are legally required to preserve, and how we can help them restore these parts of their property.

RESTORATION

VALIDATION Validation is a process crucial for effective restoration. This process helps the field team decide which areas to restore, and how to restore these with the applying of biodiversity planning. Following the completion of the mapping process, our validation team visits each site to validate its restoration potential. During visits to the mapped areas to be restored, they assess four main factors:

ACCESS TO THE AREA

VEGETATION COVER AND LAND USE

CHARACTERISTICS OF THE REGION

BIODIVERSITY PLANNING

Based on the above factors, validation helps define which of the mapped areas can indeed be restored, and determine which method of restoration is best. After validation, there is a calculation of the total restorable area that the BJF can restore using one of its five restoration methods.

LANDRAISING

THE FARMERS THAT MAKE IT HAPPEN Thanks to the hard work and determination of our Landraising team, 2025 turned out another successful year of landowner partnerships for the Black Jaguar Foundation. With an increased focus on strengthening our local presence in the project region, our landowner community has become even stronger.

A HUGE THANK YOU TO THE TEAMS AT AGROPECUÁRIA BRANDELERO FAZENDA BELA VISTA AGRICULTURA PECUÁRIA FAZENDA GRANADA FAZENDA SERRA MORENA FAZENDA SANTA FÉ FAZENDA PROGRESSO

FAZENDA H3C GRUPO SF AGRO FAZENDA CANTÃO FAZENDA SÃO SEBASTIÃO GRUPO SANTA BÁRBARA FAZENDA SHALLON I & II BC AGRO

FAZENDA CAMAÇARI & SÃO JOÃO BATISTA FORT AGRO FAZENDA ÁGUAS DO PAPAGAIO FAZENDA SANTA TEREZINHA FAZENDA DUÍLIO NETO BC AGRO GRUPO CINCO T

ort agro 45

LANDRAISING

OUR LANDOWNER HEROES: RAFAEL REZENDE, FROM SANTA FÉ FARM

We work together with landowners to create a restoration model that works for them. Providing technical, legal, and financial support to incentivise restoration and create a win-win-win partnership. Santa Fé Farm was one of the first properties to become a partner of the Black Jaguar Foundation, back in 2016. Their commitment to nature led them to believe in our ecological restoration project, the Araguaia Biodiversity Corridor, and to support the initiative. In the 2018/2019 planting season, we launched our Pilot Project at Fazenda Santa Fé, planting 20.000 trees. Since then, the work has continued to progress. By the 2022/2023 planting season, 120.000 trees had been planted across approximately 60 hectares. Watch Rafael’s video testimonial to learn more about our partnership with Santa Fé Farm.

“A partnership based on important principles: the mitigation of the climate crisis, which is a concrete risk, and the increase in local biodiversity, which was damaged by deforestation that occurred in the region in the past” Rafael Rezende, from Santa Fé Farm

LANDRAISING

OUR LANDOWNER HEROES: CARLOS FELIX, OWNER OF BELAVISTA FARM Carlos Felix and his wife Regina are the owners of the Belavista farm, in the heart of the Araguaia Biodiversity Corridor.

We are extremely excited to have them join our journey to realise the Araguaia Biodiversity Corridor. At the Black Jaguar Foundation, we believe that connecting with where our food comes from is the first step in transforming food systems. It motivates us to see that farmers in the region acknowledge the importance of ensuring our ecosystem’s health and are passionate about creating a better world for our future generations.

“Our biggest wealth today is water, our biggest treasure is rain”. Carlos Felix, Fazenda Bela Vista

FUNDRAISING

KEY SPONSOR PARTNERS Over 120 partners are currently contributing to our mission of hope and action! A special thank you to the following loyal sponsors:

ECONOMIC FEDERAL BANK

CORPORATE PARTNERSHIPS

FUNDRAISING

STRENGTHENS LONG-TERM PHILANTHROPIC PARTNERSHIP WITH THE BJF Rabobank has renewed its philanthropic partnership with Black Jaguar Foundation in our efforts to realize the Araguaia Biodiversity Corridor the world’s longest biodiversity corridor. Rabobank is an international cooperative bank with Dutch origins, worldwide focused on the Food & Agri sector. The long-term partnership and donation of Rabobank is helping us to scale our impact, making true infrastructural progress in restoring biodiversity and empowering local communities. During the first year of our partnership with Rabobank, we proudly exceeded the goals we set together. As planned in 2024, we invested in the infrastructure, energy supply and water management of our nursery. As a result, we are now able to produce substantially more high-quality seedlings, enabling us to restore larger areas of the Araguaia Biodiversity Corridor. In addition, Rabobank’s philanthropic support enabled us to expand our field operations while creating greater impact for local communities. We also invested in camera systems and innovative technologies to monitor biodiversity recovery and further strengthen our ecological restoration monitoring systems.

About the partnership on Rabobank website:

We had the honor of formally renewing our partnership for 2026 with Mr. Stefaan Decraene, Chairman of the Group Managing Board of Rabobank. Looking ahead to 2026, we aim to create the following impact through our renewed partnership: Santana do Araguaia / Hub I • • • • •

Further expand nursery capacity and infrastructure; Create new jobs in local communities; Expand partnerships with local farmers; Further improve monitoring to quantify ecological, social and biodiversity impact; Support maintenance for restored areas.

In addition, Rabobank’s philanthropic support will enable us to expand our operations by developing our second Restoration Hub (Hub II): • • • • • • •

Complete land assessment for the Hub II region; Build partnerships with municipalities and suppliers; Purchase or lease the land required for Hub II; Start construction of a new large-scale nursery; Construct warehouses for restoration equipment and consumables; Expand the BJF seed collector network in the new territories; Prepare the first ecological restoration pilot in the Hub II region.

The long-term collaboration is built on a shared recognition of the urgent need for ecosystem restoration and a belief in the power of collective action to drive impact in line with our long-term goals.

CORPORATE PARTNERSHIPS

FUNDRAISING

TOGETHER WITH CAIXA, WE ENTERED IN 2025 THE FINAL PLANTING SEASON TO REACH 1 MILLION TREES In 2022 we signed a € 4M partnership with CAIXA Social Environmental Fund (FSA) to support the planting of 1 million trees in the Araguaia Biodiversity Corridor! Caixa Econômica Federal is one of the two federal banks in Brazil and the fourth largest financial institute in Latin America. Their SocialEnvironmental Fund is an initiative that was started by the Brazilian bank in 2010, with the aim of using resources to support social-environmental projects and investments. CAIXA is supporting us with the 4 specific objectives which are the focus of the BJF cycle of ecological restoration: community engagement, ecological restoration, maintenance of our restored sites, and monitoring of the restoration activities together with an assessment of the impact generated.

FUNDRAISING

CAIXA WITNESSES THE IMPACT OF ECOLOGICAL RESTORATION IN THE ARAGUAIA REGION Representatives from CAIXA (Brazilian Federal Bank) visited our field operations to experience firsthand the transformative ecological restoration work led by the Black Jaguar Foundation and the positive impact being created alongside local communities. During the visit, they met inspiring members of the BJF Araguaia Seed Network, including seed collectors from rural settlements, urban groups, and riverside communities, whose dedication is helping restore the Amazon and Cerrado landscapes. Through meaningful conversations and personal stories, they discovered how seed collection has become a source of income, empowerment, and renewed connection with nature. The group also visited the Black Jaguar Foundation’s Nursery, where thousands of native seedlings are cultivated for restoration, and explored rural restoration sites to witness different stages of the process, from direct seeding to natural regeneration in permanent preservation areas. More than a field visit, the journey was a powerful immersion into the real impact of restoration. It showed how nature-based solutions can revive ecosystems, strengthen communities, and create lasting social and economic opportunities for the people of Araguaia.

CORPORATE PARTNERSHIPS

FUNDRAISING

ROYAL DE HEUS CONTINUES ITS LONG-TERM PARTNERSHIP WITH THE BJF Royal De Heus has once again shown their longterm support and dedication to our project by renewing their yearly commitment to our cycle of 17 steps of ecological restoration. Thanks to the continued contributions in 2025, we’ve been able to strengthen our nursery, grow our team, expand the Araguaia Seed Collective, and provide valuable training to the local community, as well as environmental education. Taken together, all these positive impacts are enabling us to plant even more native trees and bring the vision of the Araguaia Biodiversity Corridor closer to reality

FUNDRAISING

DE HEUS BRAZIL EXPERIENCES FIRSTHAND THE POSITIVE IMPACT OF OUR WORK De Heus Brazil visited the Araguaia Biodiversity Corridor to experience firsthand the transformative impact of the Black Jaguar Foundation’s ecological restoration work, following key stages of the process, from seed collection to seedling planting. The visit also offered a closer look at the Araguaia Seed Network, which connects local communities around a shared purpose: restoring nature while generating new opportunities. “It was an inspiring experience. Stepping on the soil that is being regenerated, planting our own trees, and seeing the concrete impact of the work we support is something that deeply touches you,” said Guilherme Cerqueira, Sustainability Manager at De Heus Brazil. “I returned with a full heart and an expanded mind. Seeing the regenerated areas up close and hearing the stories from nursery workers and seed collectors fills us with even more pride to be part of De Heus,” added Daniel Souza, Plant Manager at the Guararapes Unit. Carol Sacramento from the Black Jaguar Foundation emphasized the value of partnership: “When companies, communities, and organizations work together, we can create a strong restoration chain that generates social, environmental, and economic impact.”

CORPORATE PARTNERSHIPS

FUNDRAISING

UBS OPTIMUS FOUNDATION EXPANDS ITS PARTNERSHIP WITH BLACK JAGUAR FOUNDATION

The UBS Optimus Foundation is the philanthropic arm of UBS, one of the world’s leading wealth management banks. The foundation supports a select group of high-impact nonprofit initiatives worldwide, chosen based on rigorous criteria, that address critical social and environmental challenges through strategic funding and collaboration. In 2024, Black Jaguar Foundation successfully completed UBS’s due diligence process and was selected as a UBS Bank Climate & Environment Partner — one of the few Brazilian and Dutch NGOs to receive this recognition.

From left to right: Patrick Nussbaumer Program Director Climate and Environment UBS Optimus Foundation Camila Borba Lefèvre Board member Instituto Black Jaguar Professor Annetje Ottow former President of Leiden University

In 2025, UBS Optimus Foundation invited the Black Jaguar Foundation as one of only three selected non-profit organizations to participate in its exclusive client event in The Hague, the Special Panel on Holistic Landscape Restoration.

FUNDRAISING

The UBS Philanthropy Services platform is based on three core pillars: comprehensive advice, insight experiences and execution services. Later in 2025, we were honored to welcome Patrick Nussbaumer, Program Director Climate and Environment at UBS Optimus Foundation, on its first field visit to our restoration operations in Brazil. Patrick gained first-hand insight into the ecological and social impact of our work by visiting our restoration sites, seedling nursery and the BJF Araguaia Seed Network. The visit further strengthened our partnership with UBS Optimus Foundation and our shared commitment to scaling high-impact ecological restoration for a more sustainable future This partnership goes beyond financial contributions. In addition to the opportunity for a portion of your donation to be matched by the UBS Optimus Foundation, the foundation will benefit from access to UBS’s network of experts, technical support, and capacity-building resources.

NON-PROFIT PARTNERSHIPS

FUNDRAISING

PHILANTHROPIC SUPPORT FROM THE FOUNDER OF INSTITUTO BEJA CONTINUES TO CREATE IMPACT Mrs. Cristiane Sultani is a philanthropist with extensive experience in the financial sector and is the founder of Instituto Beja in Brazil, a social impact organization that promotes positive change in the philanthropic ecosystem by fostering creativity and collaboration. At the beginning of 2024, we were honored to receive a considerable philanthropic donation from Mrs. Sultani, founder of Beja Institute. Her donation served as a multiplier and as catalytic capital for the Black Jaguar Foundation in 2024 and 2025. It has enabled us not only to continue expanding our field operations, but also to secure valuable time to raise additional funds in the years ahead. During COP30 in Belém, we had the pleasure of continuing our dialogue to explore future opportunities for our partnership.

NON-PROFIT PARTNERSHIPS

FUNDRAISING

DRIVING RESTORATION ON THE GROUND TreeLove has been a long-standing partner of the Black Jaguar Foundation, providing crucial support to our restoration operations in the Araguaia region. Through the donation of two trucks, TreeLove has helped strengthen the logistics behind our work: one vehicle is used to transport native seedlings from our nursery to restoration sites, while the other, a 20.000-liter water truck, plays a vital role in irrigating young trees and supporting restoration activities during the dry season. The water truck has also become an essential tool in addressing water shortages and helping contain forest fires that frequently affect the region. We are deeply grateful to TreeLove for its continued commitment to our mission and for investing in practical solutions that help make largescale ecological restoration possible.

Watch the BJF nursery team’s thank-you message sent to TreeLove!

CORPORATE PARTNERSHIPS

FUNDRAISING

MOVING PEOPLE, SUPPORTING RESTORATION

Founded in Barcelona in 2016, BUSUP helps companies move their teams in a more human, efficient, and sustainable way. Through innovative mobility solutions, the company reduces costs, emissions, and the environmental impact of daily commuting, always with a strong commitment to creating a more sustainable future. This commitment extends beyond transportation. By joining The First 600 Project, BUSUP supported the planting of 550 native trees, contributing directly to the construction of the Araguaia Biodiversity Corridor. Together, we are demonstrating that sustainability is not only about reducing impact, but also about actively restoring the ecosystems that sustain us all.

FUNDRAISING

CORPORATE PARTNERSHIPS

SUPPORTING OUR MISSION FROM THE VERY BEGINNING

GIVING BJF THE TOOLS TO MAKE THE DIFFERENCE

ROOTED IN PURPOSE, GROWING IMPACT TOGETHER

PROVIDING FULL VISIBILITY OF THE BJF’S RESULTS

We are grateful for the continued, loyal support of the Jan Zandbergen Group.

Esri Nederlands’ ArcGIS Platform provides an overview of where assets and activities are located on plants and sites and gives users access to the underlying data. Esri supports the Black Jaguar Foundation in gathering data of all sorts, so that we can reach objective answers to difficult challenges. Planting trees in Brazil starts with mapping out the areas that will be reforested!

A family-owned company with more than half a century of history, Plastifama is now led by its fourth generation while staying true to its founder’s values. Introduced to the Black Jaguar Foundation through Conscious Capitalism, it was a perfect match from the start. United by a commitment to social, environmental, and cultural impact, we are creating positive change together.

Sumthing is a platform that is working hard to create a visibly nature positive world. Sumthing has been providing full visibility of the results of our project and helping the Black Jaguar Foundation to make a real, tangible impact. Together, we are growing the BJF community and showing that anyone can make a difference – it’s too late to be a pessimist!

As one of the earliest supporters of the BJF and its mission, Jan Zandbergen Group is an example to be followed. The company is truly committed to making the world a better, more sustainable place.

FUNDRAISING

NON-PROFIT PARTNERSHIPS

CONSERVATION INTERNATIONAL

THE RESTORATION CLUB

BEJA INSTITUTE

ISPN INSTITUTE

Conservation International works around the world to protect nature for the benefit of people and the planet. Through its support, the Black Jaguar Foundation was recently selected to restore 150 hectares of native vegetation in Pará state, helping to reconnect ecosystems, strengthen biodiversity, and advance largescale ecological restoration in the Araguaia region.

The Restoration Club is a charity born from the need for tangible projects that make our planet greener and healthier. They remove plastic from the ocean, clean up beaches, plant trees, protect natural areas and finance trash barriers. And whatever project it is, we want to make it tangible, so that everyone knows exactly what we have achieved together!

We were honored to receive a considerable philanthropic donation from Mrs. Sultani, founder of Beja Institute. Her donation served as a multiplier and as catalytic capital for the Black Jaguar Foundation in 2024. It has enabled us not only to keep growing our field operations, but also to give us the time to raise additional funds throughout the years.

For more than three decades, ISPN Institute has supported initiatives that combine social development and environmental conservation. In 2025, its support helped strengthen the BJF Araguaia Seed Network, empowering seed collectors and reinforcing the connection between local livelihoods and ecological restoration.

FUNDRAISING

A SELECTION OF OUR LONG-TERM PARTNERSHIPS

ROYAL NETHERLANDS EMBASSY IN BRAZIL

SPECHT EMOTIONAL BALANCING

KIENBAUM NETHERLANDS

ROEMER KAMP & PARTNERS

The Royal Dutch Embassy in Brazil is co-financing BJF’s 17step restoration cycle to grow 3.000 native trees to realise the Araguaia Biodiversity Corridor and to support a knowledge exchange in Brasília on measuring and reporting on biodiversity.

Swiss coaching company dedicated to vision, leadership, and creating a better future. Sharing values with the Black Jaguar Foundation, Bernd and Uddi Specht support our mission by engaging their clients and helping protect biodiversity through ecological restoration. Together, we believe that meaningful change begins with inspired leadership and collective action.

Kienbaum believes in “turning people into progress” by creating the perfect match between individuals and companies and has committed to planting 10 trees in the name of every new person that they place. This will serve as a beautiful metaphor of how the individual’s growth together with the company will forever be linked to the growth of the trees planted in their name.

Roemer Kamp & Partners is a Dutch asset management company that prioritizes personal attention and a clear focus on setting long-term goals only. The company recognizes the drive, enthusiasm and perseverance of the Black Jaguar Foundation in their own way of maintaining and growing their business.

FUNDRAISING

SCIENTIFIC ALLIANCES

UNITED NATIONS DECADE ON ECOSYSTEM RESTORATION

ALIANÇA PELA RESTAURAÇÃO NA AMAZÔNIA

COALIZÃO BRAZIL - CLIMA, FLORESTAS E AGRICULTURA

THE INTERNATIONAL UNION FOR CONSERVATION OF NATURE

The Black Jaguar Foundation is part of the UN Decade on Ecosystem Restoration, a global movement calling for the protection and revival of ecosystems all around the world. Working to reconnect the Amazon rainforest and Cerrado Savannha, the Black Jaguar Foundation is a key partner to put the world on track for a sustainable future by 2030.

The Black Jaguar Foundation was among the first 20 environmental NGOs in Brazil to form the Alliance for Restoration in Amazon. Established in 2017 the Alliance is a multi-institutional and multi-sectoral initiative to catalyze and strengthen restoration initiatives and the Black Jaguar Foundation is a key partner to scale up restoration in the Brazilian Amazon.

The Black Jaguar Foundation is a member of the Brazilian Coalition on Climate, Forests and Agriculture, a movement of more than 400 representatives from the private sector, financial sector, academia, and civil society. Though its strong partnership with rural landowner, the Black Jaguar Foundation promotes agricultural production and nature’s restoration alignment.

The Black Jaguar Foundation is a proud member of the International Union for Conservation of Nature (IUCN), the largest and oldest union for nature conservation in the world. Harnessing the experience of its more than 1.500-members, IUCN brings together states, government agencies, NGOs, Indigenous Peoples’ organizations, academic institutions and business associations combined effort to conserve nature.

FUNDRAISING

SCIENTIFIC ALLIANCES

WORLD RESOURCES INSTITUTE - BRAZIL

UNIVERSITY OF SÃO PAULO

UNIVERSITY OF ILLINOIS

WAGENINGEN UNIVERSITY & RESEARCH

The institutional partnership with WRI Brazil has been vital to start the Black Jaguar Foundation’s ecological restoration work. The technical mapping of the entire 10,4 million hectares of the Araguaia Corridor was the main pillar to set the strategy for implementing the Corridor plan of restoring 1 million hectares along the Amazon Forest and Cerrado Savannah.

A renowned group of scientists from USP (University São Paulo) and the University of Illinois conducted the Araguaia Biodiversity Corridor Impact Study. The research quantified the economic, social and environmental impact of the corridor, as well as the cost: the economic benefits of restoring 1 million hectares of the Amazon Forest and Cerrado reach 21 billion dollars!

The Araguaia Biodiversity Corridor Impact Study was published in Elsevier, one of the most important scientific magazines in the world. Conducted by a renowned group of scientists from USP (University São Paulo) and the University of Illinois it shows that the Black Jaguar Foundation project is ambitious and necessary to mitigate the effects of climate change.

In 2025 the Black Jaguar Foundation and Wageningen University & Research started a conversation to set up an institutional partnership. Through scientific cooperation and applied research this partnership can measure the impact of the Black Jaguar Foundation ecological restoration efforts on water resources, biodiversity, and agricultural productivity along the Araguaia Biodiversity Corridor.

FUNDRAISING

A SELECTION OF SOME OF OUR MOST SUPPORTIVE PARTNERS We are incredibly grateful to all of our wonderful supporters! The progress we have been making would not have been possible without you. 2W ENERGIA ABN AMRO BANK AEGIS CHARITABLE TRUST AMARO AVIATION AQUA CAPITAL BEIERSDORF NIVEA BEJA INSTITUTE BLUE SMOKE BRAZILIË REIS SPECIALIST BTG PACTUAL CAF AMERICAS CAIXA FEDERAL BANK CONSCIOUS CAPITALISM CONSERVATION INTERNATIONAL CONTACTCARE DE HEUS BRASIL DE L’EUROPE ESRI NEDERLAND FIDUC FINCO ENERGIES FLORIS WOUTERSON SLEEP PERFORMANCE HOUSE OF SLEEP ISPN JAN ZANDBERGEN GROUP JUNIPER NETWORKS KIENBAUM NETHERLANDS KOSSMANNDEJONG MYRIAD CANADA

MOTOVERS NUNNER LOGISTICS ONE TREE PLANTED PINTXOS BAR PLANT FOR THE PLANET PLASTIFAMA PRÓ RESULT RABOBANK ROEMER KAMP & PARTNERS ROYAL DE HEUS ROYAL NETHERLANDS EMBASSY SALESFORCE SAPA PANA TRAVEL SCELTA MUSHROOMS SEACON LOGISTICS SNP GROUP SPECHT EMOTIONAL BALANCING SUMTHING SWISS RE TECBAN THE POWER OF TIME OFF THE RESTORATION CLUB TREELOVE UBS OPTIMUS FOUNDATION VERMEER MEUBELEN WATERBEAR WWF-EFN

EACH YEAR OUR ACCOUNTS AND PROCESSES ARE AUDITED BY

MEET THE TEAMS 67

MEET THE CORE TEAM

BEN VALKS Initiator

JOËL BOELE Outreach

ERIC SCHOORL Campaign

CAROL SACRAMENTO Partner Project

EDUARDO RIMOLI Finance

ANALICE JÉSSICA ANA PAULA ANACAROLINA DIOGO BATISTA DA SILVA MENDES PRATES ALBUQUERQUE Communications Communications Human Resources Human Resources Finance

FELIPE BRUNO LUIZ SUSIN DOS SANTOS TREVISAN Environmental Seedling Production Geoprocessing 68 Regularization

CLARISSA SCIARRA Geoprocessing

MARCO VAN DER REE Partnerships

DIOGO CASTRO Fundraising

GIULIA CHERSONI Grants

DORON ZARR Fundraising

BRENO DA SILVA Storekeeper

GLEISON SOUSA Safety work

THIAGO NOGUEIRA Field Operation

SILVIO SARDINHA Restoration

TAINAN BALESTRIN Restoration

MATHEUS FONSECA Articulation

LAÍS NORIVÂNIA FELIPE CRUZ D’ISEP DINIZ ZANETI Communities Seedling Production Seedling Production

MEET THE CORE TEAM

YGOR OLIVEIRA

CAIO NASCIMENTO

ERIVELTO CARVALHO

TAIWAN DA SILVA

VALDILEI BELÉM

BONFIM SILVA IAGUES

GUILHERME OLIVEIRA

ROMÁRIO DA SILVA

VICTOR DA SILVA

Restoration

Field Technician

Field Supervisor

MEET THE

BRAZILIAN ADVISORY BOARD In Brazil, our restoration practices are governed by our Brazilian Advisory Board consisting of renowned experts from prominent institutions. It provides strategic support for long-term and current challenges, through in-depth, quarterly meetings and focused commitee sessions.

CAMILA LEFÈVRE Vieira Rezende Advogados

SHEILLA ALBUQUERQUE CEO VitalForce

REBECCA RAPOSO Founding Partner RR Strategy

DANIELA MARIUZZO Agribusiness IFC

MEET THE

BJF AMBASSADORS We are honoured to be supported by a dedicated group of nine diverse ambassadors. Knowledgeable and experienced in their fields, they serve as role models for our society. They all play an active role in supporting us, promoting our project, and providing us with their expert advice. BJF Board Members and Ambassadors do not receive any cash renumeration. They are only reimbursed for basic expenses such as transport to attend BJF meetings.

PROF. CARLOS NOBRE

TARCILA URSINI

Earth System Scientist

KOEN VANMECHELEN Conceptual Artist

Sustainability, strategy & innovation

H.R.H. PRINCESS BASMA BINT ALI Global Environmentalist

HUMBERTO TAN

NALDEN

SHANNON O’LEARY JOY

PROF. JAN VAN HOOFF

KEES RIJNHOUT

TV Personality and writer

Co-founder Wetransfer

President Earthsense Foundation

Science Supervisor Burgers’ Zoo

CEO Jaguar The Fresh Company

70 70

MEET THE

TECHNICAL ECOLOGICAL RESTORATION COMMITTEE

The committee is composed of five qualified specialists from different areas. They are currently giving their input and advice on our plans to drastically scale up our operations in the field during the rainy / planting seasons for the next years.

SÂMIA NUNES

Researcher Instituto Tecnológico Vale

INGO ISERNHAGEN Researcher EMBRAPA

MAXMILLER FERREIRA

Direct Seeding Specialist Caminhos da Semente

JÚLIA MANGUEIRA

Sustainable Agriculture The Nature Conservancy

MEET THE

EXTENDED TEAM We would be nowhere without the support we receive from our amazing extended team, which consists of a group of professional volunteers, landowners and suppliers.

GLOBAL VOLUNTEER TEAM The growth and continuous support of our amazing team of professional volunteers from all over the world has been instrumental. Contributing their time, talent and services free of charge or at charitable rates. Their unstoppable support has helped us to grow in all areas of our foundation. A special thanks to Randy Mc. Namara (Mission Realization Coach).

OFFICIAL SUPPLIERS We’re honoured to have an amazing community of loyal Official Suppliers who donate to our foundation in kind with their products and services. Examples are Salesforce (CRM), PróResult (Accountancy Brazil), Alsberg Accountants & Adviseurs (Accountancy Netherlands), Vigics (Video productions), Elevate (web design), Endeavour Group, Hillenaar (Outdoor), ScaleHub (Office supplier), Ipskamp Printing, Quality Tie (T-shirts), CreativeColors (print), and Mat-Zet BV (book editing and printing).

2025 FINANCES 72

1. GENERAL This is the sixth year in which the Black Jaguar Foundation presents combined financial statements. The Dutch and Brazilian entities manage their finances separately, but because we are one organization working in an integrated manner, we have decided to present our finances accordingly. Since 2023, the Black Jaguar Foundation has received support from Alsberg Accountants & Adviseurs in managing the finances of the Dutch organization, with special thanks to Claudia Brant and Paul for their commitment to our mission. In Brazil, our finances continue to be managed by our long-standing partners, PróResult Gestão Empresarial, who have supported us since the Brazilian entity was established in 2016 and possess in-depth knowledge of our operations. The expertise of João Bosco Carneiro and his team has been essential in ensuring the soundness and transparency of our financial management. To ensure that all our financial operations strictly comply with applicable standards, the financial statements of the Dutch organization, the Brazilian organization, and the combined organization were reviewed by Baker Tilly, one of the world’s ten largest audit firms. This independent audit provides greater assurance and transparency to our current and future partners. Find a summary of their reports <here>. In 2025, we maintained our partnership with SBSA, one of Brazil’s largest law firms serving the nonprofit sector, which supports us in drafting supplier agreements and in labor and tax matters. We also began a partnership with Xica – Ximenes, Camargo Advogados, a firm with extensive multidisciplinary experience that works strategically on agreements with landowners and potential sponsors, while also strengthening our compliance and institutional governance. We thank Bruno Camargo, Renato Ximenes, Ana Luiza, Eduardo Szazi, Erika Bechara, and their teams for their continued support of our mission.

1.1. ACTIVITIES The goal of the Black Jaguar Foundation, with registered offices in Amsterdam and São Paulo, is to make a tangible contribution to the realisation of the Araguaia Biodiversity Corridor. The Dutch entity is a non-profit organisation registered at the Chamber of Commerce in Amsterdam; registration number 34327956. The Brazilian entity is registered in the Cadastro Federal with CNPJ 24.230.587/0001-93. 1.2 ANBI As per 2009 the Foundation was identified by the Dutch Tax Authority as an ‘Algemeen Nut Beogende Instelling’ (ANBI) - a Public Benefit Organization. All donations are deductible from the taxable income of donors as long as the Foundation maintains its ANBI status. 1.3 REMUNERATION OF OUR BOARD MEMBERS None of our Board Members, Advisory Board Members or Ambassadors received financial compensation for their efforts to support to Black Jaguar Foundation with their time, connections and wisdom. We are very thankful for their selfless contributions. 1.4 GENERAL ACCOUNTING PRINCIPLES The financial statements have been prepared on the historical cost convention. Assets and liabilities are presented at face value less any provisions deemed necessary. 1.4.1. TANGIBLE FIXED ASSETS Tangible fixed assets are prepared at acquisition cost less depreciation and if applicable, impairments in value. Depreciation is based on the estimated useful life and is calculated as a fixed percentage of cost, taking into account any residual value. 1.4.2 CASH AND CASH EQUIVALENTS Cash and cash equivalents are presented at face value. If cash is not freely available, this is taken into account in the valuation. 1.4.3 CURRENT LIABILITIES Current liabilities are stated at fair value. 1.4.4 ACCOUNTING PRINCIPLES FOR DETERMINING THE RESULT Income from donations and grants are recognised when the amounts are received.

1.4.5 CURRENCY The annual accounts are presented in Euros, which is the functional currency of the organisation. Accounting for the Brazilian entity was performed in BRL. All transactions for 2025 were translated into Euros based on the average conversion rate for the year. The Balance Sheet items were converted based on the rate on 31/12/2025. Previous years’ Income Statement and Balance Sheet items for the Brazilian entity were converted based on the rate of 31/12/2024 and 31/12/2023, respectively.

2. INCOME STATEMENT 2025 Income Statement

2024

2023

BR EUR (Audited)

NL EUR (Audited)

Combined

6.428

4.887

6.462

8.209

2.346

4.718

4.746

7.239

1.286

Restricted Donations & Grants

1.548

168

1.716

970

1.060

Intercompany income *

4.852

-3.953

-1.819

-2.575

Net Income Non-restricted Donations & Grants

Operating costs and expenses

-3.476

Field Supplies

-5.329

-671

-568

-445

-1.112

-381

-1.493

-1.116

-1.147

Activation

-28

-18

-46

-32

-24

Housing

-55

-46

-101

-114

-82

Service Providers

-100

-59

-159

-112

-94

General Expenses

Human Resources

-1.421

-70

-1.491

-365

-610

Logistics

-3

-2

-4

Intercompany Expenses *

-4.750

102

576

-82

-91

-86

-87

Depreciation

-89

Provisions Surplus before Financial Revenues and Costs Financial Revenues and Costs Result

-2

2.952

-442

2.509

6.390

-230

833

-9

824

3.785

-451

3.334

6.436

-148

* Intercompany expenses and revenue offset each other in this combined trial balance.

Amounts expressed in thousands of euros

75 75

3. BALANCE SHEET

Balance Sheet Assets Current Assets Non-Current Assets Property, Plant and Equipment Liabilities Current Liabilities Non-Current Liabilities Net Assets Reserves Surplus/Deficit for the year Currency translation differences

BR EUR (Audited) 10.687

2025 NL EUR (Audited) 555

10.152 0 535 749 638 111 9.938 6.244 3.785 -91

549 3 4 387 46 342 168 619 -451 0

2024

2023

Combined

11.242

7.720

2.031

10.701 3 539 1.136 684 453 10.106 6.863 3.334 -91

7.017 3 617 789 288 501 6.931 1.092 6.436 -748

1.411 3 617 793 283 510 1.238 1.386 -148 0

Amounts expressed in thousands of euros

4. NOTES TO THE INCOME STATEMENT 2025 Donations by Source Donations by Source Donations by Source

INCOME In 2025, the Black Jaguar Foundation’s combined revenue totaled € 6.462 million, following the particularly strong result of € 8.209 million recorded in 2024. The difference between the years is mainly due to the timing of contributions received for multi-year initiatives. Throughout 2025, the organization maintained its key partnerships and strengthened relationships with sponsors and donors, reaffirming support for its mission and for the expansion of restoration activities, organizational capacity, and the infrastructure required for its operations. Restricted donations and grants increased from € 970 thousand in 2024 to € 1.716 million in 2025, driven primarily by progress on the project supported by Caixa Econômica Federal through the Socio-Environmental Fund, which entered its final implementation phase and is expected to be completed in the second half of 2026. Net income can be divided into: • Non-Restricted Donations, which the Black Jaguar Foundation can spend in any manner that fits its mission to create the Araguaia Biodiversity Corridor • Restricted Donations, which the donor/grantor has earmarked for a specific purpose • Each of the above can be provided by private sponsors, corporations, and non-profits.

Operational by Operational Expenses Expenses by Purpose Purpose Operational Expenses by Purpose 77.1 % 77.1 %

11%

2.309 2.309 6.9 % 6.9 % 3% 3%

3.964 3.964

80% 13% 13%

1% 2% 2%

24% 24%

Non-restricted Private Donations

24%

6.462

1% 2%

6.462 6.462 6.462 72%

72%

Non-restricted Private Donations Non-restricted Corporate Donations Non-restricted Private Donations Non-restricted Corporate Donations Non-restricted Non-profit Donations Non-restricted Corporate Donations Non-restricted Non-profit Donations Restricted Private Non-profit DonationsDonations Non-restricted Restricted Private Donations Restricted Corporate Restricted Private Donations Donations Restricted Corporate Donations Restricted Corporate Donations Restricted Non-profit Donations Restricted Non-profit Donations Restricted Non-profit Donations

Amounts expressed in thousands of euros

OPERATING EXPENSES

In 2025, combined operating expenses totaled €3.953 million, compared to €1.819 million in 2024. The increase is associated with the expansion of maintenance areas, resulting from the positive results of restoration activities carried out in previous years, as well as the preparation for the growth of restoration areas in the Ƭ Biodiversity Planning and 2025/2026 planting season, which is expected to be 20% larger than the previous season. The period was also Ƭ Reforestation marked by the strengthening of the organizational structure required to support the expansion of activities and prepare the organization for the scale needed to achieve the institutional goal of planting 10 million trees by Proposition Araguaia Biodiversity Corridor 2030. Even in this context of growth, combined overhead and fundraising expenses remained below 10% Fundraising The purposes for Operational Expenses were: • Biodiversity Planning and Reforestation – referring to all expenses and investments made in the field or Overhead directly related to the field work for both Biodiversity Planning and Reforestation tasks • Proposition Araguaia Biodiversity Corridor – referring to all expenses made related to communicate, promote, share the importance of the Araguaia Biodiversity Corridor, to successfully build a community of landowners, development partners and institutional partners • Fundraising – referring to all expenses related to raising the funds required for realising the Araguaia Biodiversity Corridor Amounts expressed in thousands of euros • Overhead – referring to expenses which do not have a direct impact on the realisation or the promotion of the Araguaia Biodiversity Corridor, such as office-rent and utilities.

5. NOTES TO THE BALANCE SHEET 2025 In 2025, the Black Jaguar Foundation’s combined property and equipment totaled € 539 thousand, compared with € 617 thousand in 2024. This change is mainly due to the continued depreciation of assets. During the period, investments were made in the large-scale nursery in Santana do Araguaia/PA, increasing its annual production capacity from 500 thousand to 650 thousand seedlings by the end of 2025. Despite these investments and the increase in operating capacity, their effects were not sufficient to fully offset the depreciation recognized in the property and equipment balance. The initiator of the Black Jaguar Foundation kindly provided an interest-free loan to support the organization’s start-up, totaling € 342 thousand. It was agreed that no more than 15% of the loan may be claimed per year and that repayment is subject to the availability of funds at the Black Jaguar Foundation. In 2025, the total loan decreased by € 8 thousand compared with 2024. In 2025, the Black Jaguar Foundation’s combined net assets reached € 10.106 million, compared with € 6.931 million in 2024. This growth mainly reflects the increase in combined reserves, which rose from € 1.092 million to € 6.863 million, largely due to the incorporation of accumulated results from prior years, together with the positive combined result of € 3.334 million reported in 2025. This stronger financial position increases the Black Jaguar Foundation’s capacity to finance the next stages of restoration and maintenance, invest in infrastructure, strengthen its organizational structure, and continue the planned expansion of its activities.

6. SUBSEQUENT EVENTS 2026 promises to be an exciting year full of inspiring events and new opportunities. Further strengthening our partnership with UBS Optimus Foundation in both Europe and Brazil, we have been invited to join the panel at both the soft launch and the official opening of the Foundation’s new office in Brazil. In addition, we have been invited to participate on the main stage of Web Summit Rio in June, considered by CNN to be the world’s largest tech event. A delegation of consultants working for the German Development Bank (KfW) has also expressed interest in visiting the Corridor and experiencing our field operations firsthand during the first quarter of 2026. After almost a year of preparations, a new BJF campaign, Hike4Nature, will be launched next summer. A team of hikers will walk the entire 2.600 km distance of the Araguaia Biodiversity Corridor, starting in Amsterdam and aiming to reach Lisbon, Portugal, five months later. We are excited about all these planned events, which aim to create valuable new opportunities to present our mission and connect with new long-term corporate and private philanthropic donors.

AUDITORS’ REPORT BLACK JAGUAR FOUNDATION To the members of the Board Stichting Black Jaguar Foundation We have reviewed the financial statements 2025 of Stichting Black Jaguar Foundation based in Amsterdam. Based on our review, nothing has come to our attention that causes us to believe that the accompanying financial statements do not give a true and fair view of the financial position of Stichting Black Jaguar Foundation as at 31 December 2025 and of its result for the year then ended in accordance with Part 9 of Book 2 of the Dutch Civil Code. The financial statements comprise: 1. the balance sheet as at 31 December 2025; 2. the profit and loss account for 2025; 3. the notes comprising a summary of the accounting policies and other explanatory information. Basis for our conclusion We conducted our review in accordance with Dutch law, including the Dutch Standard 2400 ‘Opdrachten tot het beoordelen van financiële overzichten’ (engagements to review financial statements). A review of financial statements in accordance with the Dutch Standard 2400 is a limited assurance engagement. Our responsibilities under this standard are further described in the ‘Our responsibilities for the review of the financial statements’ section of our report. We are independent of Stichting Black Jaguar Foundation in accordance with the Verordening inzake de onafhankelijkheid van accountants bij assurance-opdrachten (ViO, Code of Ethics for Professional Accountants, a regulation with respect to independence) and other relevant independence regulations in the Netherlands. Furthermore we have complied with the Verordening gedrags- en beroepsregels accountants (VGBA, Dutch Code of Ethics for Professional Accountants). We believe the assurance evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion. Responsibilities of management for the financial statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with Part 9 of Book 2 of the Dutch Civil Code. Furthermore, management is responsible for such internal control as it determines is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.

Our responsibilities for the review of the financial statements Our responsibility is to plan and perform the review in a manner that allows us to obtain sufficient and appropriate assurance evidence for our conclusion. The level of assurance obtained in a review engagement is substantially less than the level of assurance obtained in an audit conducted in accordance with the Dutch Standards on Auditing. Accordingly, we do not express an audit opinion. We have exercised professional judgement and have maintained professional scepticism throughout the review, in accordance with the Dutch Standard 2400. Our review included among others: • Obtaining an understanding of the company and its environment and the applicable financial reporting framework, in order to identify areas in the financial statements where material misstatements are likely to arise due to fraud or error, designing and performing procedures to address those areas, and obtaining assurance evidence that is sufficient and appropriate to provide a basis for our conclusion. • Obtaining an understanding of the company’s accounting systems and accounting records and consider whether these generate data that is adequate for the purpose of performing the analytical procedures. • Making inquiries of management and others within the company. • Applying analytical procedures with respect to information included in the financial statements. • Obtaining assurance evidence that the financial statements agree with, or reconcile to, the company’s underlying accounting records. • Evaluating the assurance evidence obtained. • Considering the appropriateness of accounting policies used and considering whether the accounting estimates and related disclosures made by management appear reasonable. • Considering the overall presentation, structure and content of the financial statements, including the disclosures. • Considering whether the financial statements and the related disclosures represent the underlying transactions and events in a manner that appears to give a true and fair view. Amsterdam, September 4, 2026 Baker Tilly (Netherlands) N.V.

M. J. Beerse Partner MKB Accountancy

AUDITORS’ REPORT INSTITUTO BLACK JAGUAR Independent auditors’ report on the financial statements (Free translation from the original issued in Portuguese. In the event of discrepancies, the Portuguese language version prevails. See Note 16 to the financial information.) To the Management of Instituto Black Jaguar São Paulo - SP Opinion on the financial statements We have audited the financial statements of Instituto Black Jaguar (the “Institute”), which comprise the statement of financial position as of December 31, 2025, and the related statements of profit or loss, of comprehensive income, of changes in equity and of cash flows for the year then ended, as well as the corresponding notes to the financial statements, including material accounting policies and other explanatory information. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Instituto Black Jaguar as of December 31, 2025, the results of its operations and its cash flows for the year then ended, in accordance with Brazilian generally accepted accounting principles applicable to small and medium-sized entities (NBC TG 1000 (R1)) and to not-for-profit entities (ITG 2002 (R1)). Basis of the opinion on the financial statements Our audit was conducted in accordance with Brazilian and International Standards on Auditing. Our responsibilities under those standards are described in the following section, entitled “Auditors’ responsibilities for the audit of the financial statements”. We are independent of the Institute in accordance with the relevant ethical principles set forth in the Code of Professional Ethics for Accountants and in the professional standards issued by the Federal Accounting Council, and we comply with the other ethical responsibilities established in those standards. We believe that the audit evidence obtained is sufficient and appropriate to provide a basis for our opinion. Management’s responsibility for the financial statements Management is responsible for the preparation and adequate presentation of The Institute’s Management is responsible for the preparation and fair presentation of these financial statements in accordance with Brazilian generally accepted accounting principles applicable to small and medium-sized entities (NBC TG 1000 (R1)) and

to not-for-profit entities (ITG 2002 (R1)), and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, Management is responsible for assessing the Institute’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements, unless Management either intends to liquidate the Institute or to cease its operations, or has no realistic alternative but to do so. Auditors’ responsibilities for the audit of the financial statements Our purposes are to obtain reasonable assurance that the financial statements, taken as a whole, are free from material misstatement, whether due to fraud or error, and issue the audit report with our opinion. Reasonable assurance means a high level of security, but not a guarantee that an audit conducted in accordance with Brazilian and international auditing standards always detects any existing material misstatements. Misstatements may be due to fraud or error and are considered material when, individually or taken as a whole, can influence, within a reasonable perspective, the economic decisions of users taken based on these financial statements. Auditor’s responsibilities for the audit of the financial statements-Continued Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Brazilian and International Standards on Auditing will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

•

• •

•

obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control; Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Institute’s internal control; Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management; Conclude on the appropriateness of Management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Institute’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our report. However, future events or conditions may cause the Institute to cease to continue as a going concern; Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with Management regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our work. São Paulo, July 31, 2026. Baker Tilly 4Partners Auditores Independentes Ltda. CRC 2SP-031.269/O-1

As part of an audit conducted in accordance with Brazilian and International Standards on Auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. In addition, the auditor: •

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and

Alexandre De Labetta Filho Accountant CRC 1SP-182.396/O-2

Renato Ruiz Filiciano da Silva Accountant CRC 1SP-268.528/O-6

Baker Tilly 4Partners, operating under the name Baker Tilly, is a member firm of the Baker Tilly International global network, whose members are separate and independent legal entities

BUILDING A HEALTHIER PLANET FOR FUTURE GENERATIONS STARTS WITH YOU YOU.

2026 GOALS 81 81

JOIN US! Make a difference, all it takes is one tree

DONATE A TREE

DONATE ANY AMOUNT

BJF FIRST 600 CAMPAIGN

As we grow, we aim to reach more and more people and enable them to become part of our huge mission of ecological restoration as well. To make it accessible for anyone to contribute, we launched the Donate a Tree campaign.

Supporting us is about way more than just planting a tree! Now you have another option to support the Araguaia Biodiversity Corridor. Our new Donate Any Amount page allows you to choose the amount you want. Donating is easy: you just fill the form and select your contribution!

This photo wall is divided into 600 numbered pixels or windows. Choosing a gray or deforested window allows you to sponsor that specific window and become a Supporting or Corporate Friend of the Black Jaguar Foundation. When a window is sponsored, its color will change from ‘deforested gray’ to ‘jungle green’, bringing us one step closer to realizing the Araguaia Biodiversity Corridor.

For a € 8 donation per tree, we are able to cover the full costs of all the seventeen steps in the BJF restoration cycle, including 3 years of post-planting maintenance. The campaign is available in four languages: English, Portuguese, Dutch and German.

We invite you to share our new donation page with your friends. Together, we’re accomplishing one of the world’s largest restoration projects!

Take this opportunity to help the BJF and its partners accomplish this bold conservation project. You can do it on your own, with a company or as part of a group effort.

LEARN PLANT SCALE-UP REPEAT

GOING GOING GOING

‘28 – ‘32 100 MILLION TREES

‘31 – ‘31 ‘34 – ‘34

Further consolidation

Further consolidation Further consolidation Scale up repeat ScaleScale up repeat up repeat

‘26 – ‘28 10 MILLION TREES

‘26 – ‘30

’21 -‘24

‘17 – ‘20

˜100K TREES

‘17 – ‘20

‘17 – ‘20Pilot Project

1st MILLION TREES

’21 -‘24

Sponsors: Pilot Project

Expansion

+120 individuals and companies from 14 countries (The First 600)

Sponsors: Pilot Project

Expansion

+120 individuals and companies from 14 countries (The First 600)

Sponsors:

+120 individuals and companies from 14 countries (The First 600)

FOMENTO À ECONOMIA ‘26 – ‘30 DA BIODIVERSIDADE ‘24 – ‘26 Consolidation 2nd MILLION TREES

’24 –‘25

’24 –‘25 Further Expansion

Consolidation

Scale-up

Corporate partnerships + philantropy + grants + others

Corporate partnerships + philanthropy + grants + others

LOOKING FORWARD TO 2026... ESTABLISHING OUR SECOND RESTORATION HUB Building on the success of our operations in Santana do Araguaia, we will begin planning and structuring a second restoration hub in Lagoa da Confusão, Tocantins, expanding our long-term presence across the landscape. RESTORING 450 HECTARES IN A SINGLE SEASON The 26/27 planting season will be our most ambitious yet. We aim to restore 450 hectares of degraded land and plant nearly 900.000 native trees, bringing us closer to our vision of reconnecting the Amazon and Cerrado through the Araguaia Biodiversity Corridor. PARTNERING WITH CONSERVATION INTERNATIONAL Through a new partnership with Conservation International, we will restore 150 hectares on smallholder properties in Tocantins state, expanding our impact while supporting local landowners in their restoration journey. DOUBLING OUR NURSERY CAPACITY To meet the growing demand for native seedlings, we will continue investing in our nursery infrastructure. These improvements are expected to double our production capacity, enabling us to grow up to 1.2 million seedlings per planting season. LAUNCHING OUR FAUNA MONITORING PROGRAM As wildlife increasingly returns to restored areas, we are taking the next step in measuring restoration success. Using camera traps and field monitoring, we will begin systematically tracking fauna, one of the most important indicators of ecosystem recovery. STRENGTHENING GOVERNANCE AND ORGANIZATIONAL EXCELLENCE As the Black Jaguar Foundation continues to grow, we are investing in stronger governance structures, processes, and accountability mechanisms to ensure we remain effective, transparent, and prepared for long-term impact.

WE LOOK FORWARD TO CONTINUING THIS JOURNEY WITH YOU HECTARE BY HECTARE. TOGETHER, WE RESTORE!

INSPIRING INVITATION TO JOIN OUR MISSION TARCILA URSINI - AMBASSADOR BLACK JAGUAR FOUNDATION

ANNUAL REPORT 2025 OUR PLANET NEEDS YOUR URGENT SUPPORT! WILL YOU JOIN OUR MISSION OF BJF NETHERL ANDS

HOPE AND ACTION?

Stichting Black Jaguar Foundation Scalehub Amstel Business Park H.J.E. Wenckebachweg 123 1096 AM – Amsterdam info@black-jaguar.org

BJF BRA ZIL

Instituto Black Jaguar Rua Pedro Miranda, 75, Qd 4, Lt 14 Santana do Araguaia

PA – 68560-000

This report is made of Forest Stewardship Council-certified and recycled paper.

WWW.BLACK-JAGUAR.ORG

BJF-ANNUAL-REPORT-2025

Instituto Black Jaguar Alameda Joaquim Eugênio de Lima, 187, conj 11-01403-001 São Paulo – SP contato@black-jaguar.org