Further to the cautionary announcement dated 19 March 2026, the Board of Directors of First Mutual Properties Limited (“the Company”) wishes to advise shareholders and the investing public that the Company remains engaged in negotiations and continues to evaluate a potential transaction to delist from the Zimbabwe Stock Exchange, the outcome of which may have an effect on the price of the Company’s securities.

Accordingly, shareholders and the investing public are advised to continue exercising caution when dealing in the Company’s securities until a full announcement is made.

By Order of the Board

Mrs Dulcie Kandwe
Company Secretary

9 April 2026