CAUTIONARY STATEMENT

The Directors of First Capital Bank Limited (the "Company") wish to advise all shareholders and the investing public that the Board has approved the delisting of the Company from the Zimbabwe Stock Exchange, to be immediately followed by its listing on the Victoria Falls Stock Exchange (the "Transaction").

Further details of the Transaction will be provided to Shareholders once all regulatory processes have been finalised.

Shareholders are therefore advised to exercise caution and consult their professional advisors when trading in the Company's shares.

By order of the Board,

Sarudzai Binha

Company Secretary

17 March 2023

First Capital Bank Limited

Barclay House

PO Box 1279

Corner First St & Jason Moyo Ave

Harare

Zimbabwe

Lead Financial Advisor

Co- Financial Advisors

Sponsoring Broker

Legal Advisors

Botswana � Malawi • Mozambique • Zambia • Zimbabwe

www.firstcapitalbank.co.zw

First Capital Bank is a Registered Commercial Bank and a member of the Deposit Protection Scheme. Terms and conditions apply.

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First Capital Bank Limited published this content on 17 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2023 10:06:51 UTC.