NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of First Mutual Properties Limited is to be held physically at the First Mutual Properties’ Registered Offices situated at First Mutual Park, 100 Liberation Legacy Way, Borrowdale, Harare, and virtually by electronic means, via link https://escrowagm.com/eagmZim/Login.aspx on Tuesday, 02 June 2026, at 1000 hours, for the purpose of transacting the following business:
TO CONSIDER and, if deemed fit, to pass, with or without modification, the following Resolutions:
1. SPECIAL RESOLUTION – TERMINATION OF LISTING OF FIRST MUTUAL PROPERTIES LIMITED FROM THE ZIMBABWE STOCK EXCHANGE
THAT the Company’s shares be removed from the Main Board of the Zimbabwe Stock Exchange through voluntary termination of the listing on the Zimbabwe Stock Exchange in terms of section 11 of the Zimbabwe Stock Exchange Listing Requirements.
Note: In terms of Section 11 of the Zimbabwe Stock Exchange Listings Requirements, to be effective, Special Resolution 1 must be passed by not less than 75% of the votes of all shareholders present or represented by proxy at the EGM, excluding any controlling shareholder, its associates and any party acting in concert.
2. SPECIAL RESOLUTION – OFFER BY FIRST MUTUAL HOLDINGS LIMITED TO MINORITY SHAREHOLDERS
THAT subject to Special Resolution 1, the Company is authorised to implement the Offer to Minority Shareholders who wish to accept the Offer by First Mutual Holdings Limited and/or the Underwriter in terms of the Underwriting Agreement for a consideration of US$0.033 per ordinary share payable in United States Dollars only on the terms and conditions set out in the Circular.
3. SPECIAL RESOLUTION – AMENDMENT OF ARTICLES OF ASSOCIATION
THAT the Articles of Association of the Company be amended so as to delete any reference to “Zimbabwe Stock Exchange” therein, specifically all or part of Articles 3(3), 28(8), 41(2), 43(2), 43(3), 43(8), 70(4), 80(6)(d), 82(2).
4. ORDINARY RESOLUTION – DIRECTORS AUTHORISED TO GIVE EFFECT TO RESOLUTIONS
THAT the directors be and are hereby authorised to do any and all such things as may be necessary to give effect to the above resolutions.
BY ORDER OF THE BOARD
COMPANY SECRETARY
Registered Office
First Mutual Properties
First Mutual Park
100 Liberation Legacy Way
Harare
Zimbabwe
TRANSFER SECRETARIES
Registered Office
Corpserve Registrars (Private) Limited
2nd Floor, ZB Centre
Corner 1st and Kwame Nkrumah Avenue
Harare
Zimbabwe
