NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of the Shareholders of First Mutual Holdings Limited is to be held by virtual means, on Monday 5 October 2020 at 1000 hours, for the purpose of transacting the following business:-

TO CONSIDER and, if deemed fit, to pass, with or without modification, the following Resolutions:

ORDINARY RESOLUTION 1 – APPROVAL OF THE TRANSACTION
“THAT the Transaction as outlined in the Circular to Shareholders dated Monday the 14 September 2020, resulting in the subscription by Aleyo Growth Fund | Partnership, for a 29.1% shareholding in FMRE HoldCo for BWP61 million, which sum shall capitalise FMRE Property & Casualty (Proprietary) Limited and First Mutual Reinsurance Company Limited, be and is hereby approved.

ORDINARY RESOLUTION 2 – AUTHORISATION OF DIRECTORS
“THAT directors of the company be and are hereby authorised to exercise all powers to give effect to the Transaction.”
BY ORDER OF THE BOARD

NOTES:
Details of the Virtual EGM will be sent by our transfer secretaries, First Transfer Secretaries (Pvt) Ltd through email to shareholders. Shareholders are advised to update their contact details with the transfer secretaries on the following contacts:

First Transfer Secretaries (Private) Limited
1 Armagh Avenue
Eastlea,
Harare Telephone: +263 242 782869/7
Email: [email protected]