Notice is hereby given that the 8th Annual General Meeting of the People’s Own Savings Bank will be held at Monomotapa Crown Plaza Hotel on Monday, the 22nd of August 2022 at 1430 hours for the purpose of transacting the following business stated hereunder. Stakeholders will have the option to attend the meeting virtually vial link to be communicated after registering by initially sending attendee’s details to lmutero@posb.co.zw, on or before the 18th of August, 2022.

To consider and if agreed, to pass the following resolutions with or without ammend:

1. Statutory Financial Statements

To receive, consider and adopt the Financial Statements and the Report of the Directors and Auditors for the year ended 31 December 2021.

2. Dividend

To approve the payment of a dividend of ZW$3.0 per share to the shareholder for the year ended 31st December 2021.

3. Directors’ Fees

To confirm the Dorectors’ fees and remuneration of the non-executive directors totalling ZW$2.7 million for the year ended 31st December 2021.

4. External Auditor’s Remuneration

to approve the remuneration of the external auditors for the year ended 312st December 2021 totalling ZW$11.7 million.

5. Appointment Of External Auditors

To note the Auditor General’s Office as the Auditors of the bank until the conclusion of the next Annual General Meeting.

6. Gratuity proposed to be paid to the outgoing CEO

To approve the gratuity proposed to be paid to the outgoing CEO, Mr Admore Kandlela who leaves the Bank on the 31st of October 2022.

By order of the Board

Dorothy Mapimhidze (Mrs)

Company Secretary

29th July 2022

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