National Tyre Services : 2022 AGM Notice

National Tyre Services

Limited

NOTICE OF ANNUAL

GENERAL MEETING

NOTICE IS HEREBY GIVEN that the sixtieth Annual General Meeting (AGM) of National Tyre Services Limited ("the Company") will be held virtually via https://escrowagm.com/eagmZim/Login.aspxon Wednesday, 28 September 2022 at 10:30 hours for the purpose of transacting the following business:

ORDINARY BUSINESS

1. Financial statements
   To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 31 March 2022 together with the reports of the Directors and Auditors.
2. To elect Directors of the Company
3. 1. In terms of the Company's Articles of Association, Mr. Rutenhuro James Moyo is scheduled to retire by rotation at the conclusion of the AGM. Being eligible, he offers himself for re-election.
   2. In terms of the Company's Articles of Association, Mr. Shepherd Shonhiwa is scheduled to retire by rotation at the conclusion of the AGM. Being eligible, he offers himself for re-election.
   3. In terms of the Company's Articles of Association, Ms. Dumisani Mashingaidze is scheduled to retire by rotation at the conclusion of the AGM. Being eligible, she offers herself for re-election.
4. Directors' fees
   To approve the Directors' fees paid during the financial year ended 31 March 2022.
5. Auditors
   To approve auditors' fees for the financial year ended 31 March 2022 and to re-appoint Grant Thornton Chartered Accountants (Zimbabwe) as Auditors for the financial year ending 31 March 2023. Grant Thornton Chartered Accountants (Zimbabwe) were first appointed at the AGM held last year on 30 September 2021.

Notes:

1. In terms of the Companies and Other Business Entities Act [Chapter 24:31] a member of the Company is entitled to appoint one or more proxies to attend, vote and speak in his or her stead. A proxy need not be a member of the Company. Proxy forms must be lodged by electronic mail to corpserve@escrowgroup.org not less than forty-eight (48) hours before the time appointed for holding the meeting.
2. Members are requested to advise Corpserve Transfer Secretaries by electronic email to corpserve@escrowgroup.orgof their email addresses and any change of postal address.
3. Members are hereby advised to use the dedicated Corpserve helpline on +263772289768, +263715245730 or +263779145849 for assistance with online eAGM processes.

Directors: R.J. Moyo (Chairman)#, B.P.H. Samudzimu (Managing Director), M.T. Chingwena #, S.N. Mandimika #, A. Ushe, S. Shonhiwa #, D.Mashingaidze #, V. Masunda # #Non-Executive