Notice to Shareholders

Notice to Shareholders

NoticeWithdrawalis hereby givenofto ShareholdersCautionaryof CBZ AnnouncementHoldings Limited ("CBZHL") that in October 2019, CBZHL and the National Social Security Authority ("NSSA")

concluded a Share Purchase and Sale Agreement ("the Agreement") in terms of

Shareholders are referred to the Cautionary Statements issued by

which CBZHL purchased 31.22% of the shares in the share capital of First Mutual

the CBZ Holdings Limited (the Company) Board during the course of

Holdings Limited ("FMHL") from NSSA ("the Transaction"). The Transaction was

years 2017, 2018 and 2019.

approved by Shareholders of CBZHL at an Extraordinary General Meeting held on

31CBZJanuaryBank2022Limited. has been co-operating in investigations by the Office of Foreign Asset Control (OFAC) regarding historical

All the required approvals have now been obtained and administrative aspects of

transactions involving a party that was subject to OFAC economic

the Agreement have been concluded and upon transfer of the shares purchased,

sanctions. OFAC has concluded its investigations and the matter has

CBZ Holdings Limited will become a significant shareholder of First Mutual Holdings

been resolved through the issuance of a Cautionary Letter.

Limited.

BYAsORDERa resultOFthereof,THE BOARDthe contents of the previous Cautionary Announcements have ceased to have any relevance or effect on the Company and caution is no longer required to be exercised by shareholders when dealing in their securities.

Rumbidzayi Angeline Jakanani

GROUPBy orderCHIEFof theGOVERNANCEBoard OFFICER

REGISTERED HEAD OFFICE

5 Campbell Road Pomona

Harare, Zimbabwe

Telephone: (263-242) 748 050-79

Email: info@cbzh.co.zw

wwwRumbidzayi.cbz.co.zw Angeline Jakanani

Group Legal Corporate Secretary

6 September 2023

REGISTERED HEAD OFFICE 5th Floor, Union House DIRECTORS:60 Kwame Nkrumah Avenue

Marc L Holtzman, Edward E. Galante, Rebecca L. Gaskin Gain, Louis C. Gerken, Edward U. Mashingaidze,

BlessingHarare,Mudavanhu*Zimbabwe(Group Chief Executive Officer), Tawanda L. Gumbo*(Group Chief Finance Officer)

Telephone: 0242 - 748 050 - 79

* Executive Director

Email: info@cbz.co.zw

31 August 2020

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CBZ Holdings Ltd. published this content on 18 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 September 2023 07:19:00 UTC.