Further Cautionary Statement

Further to the cautionary announcement dated 20 June 2022, 22 July 2022, 31 August 2022 and 30 September 2022, shareholders are advised that negotiations with one of the shareholders are still on going for a potential acquisition of a control block of securities, which if concluded successfully, may have a material effect on the Company's securities price.

Accordingly, shareholders and members of the investing public are advised to exercise caution when dealing in the Company's securities until a full announcement is made.

By order of the Board,

Tinashe F. A. Masiiwa

Group Company Secretary

17 November 2022

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ZB Financial Holdings Ltd. published this content on 17 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2022 08:28:04 UTC.