MTN Zakhele Futhi RF : MTNZF’s unmodified audited annual financial statements for the year ended 31 December 2021 and notice of AGM

MTN Zakhele Futhi (RF) Limited (Incorporated in the Republic of South Africa) (Date of incorporation: 21 June 2016) (Registration number: 2016/268837/06) JSE share code: MTNZF

ISIN: ZAE000279402

LEI: 378900429C4F73B1BE74 ("MTNZF" or the "Company")

MTNZF's unmodified audited annual financial statements for the year ended 31 December 2021 and notice of the annual general meeting ("AGM")

MTNZF shareholders are advised that the Company's unmodified audited annual financial statements for the year ended 31 December 2021, as audited by SizweNtsalubaGobodo Grant Thornton Inc., are available on MTNZF's website athttps://www.mtnzakhelefuthi.co.za/investor-relations.

Due to: (i) the ongoing COVID-19 outbreak in South Africa; (ii) the shareholder accessibility of an electronic AGM; and (iii) the amended MOI of MTN Zakhele Futhi allowing the Company to hold its general meetings and AGMs (as the case may be) entirely by way of electronic communication as contemplated in section 63(2)(a) of the Companies Act No. 71 of 2008 ("Companies Act"), the Board has, in the circumstances, determined that it is necessary, prudent and preferable that the upcoming AGM be held entirely by way of electronic participation, and not by way of a physical meeting.

As a result of the above, notice is hereby given to Shareholders that the AGM will be held entirely by way of electronic communication as contemplated in section 63(2)(a) of the Companies Act athttps://mtnzakhelefuthi.virtual-meetings.online/login on Monday, 9 May 2022 at 10:00 (South African time).

The important dates, times and other information relating to the AGM are outlined below:

ISSUER NAME	MTN Zakhele Futhi (RF) Limited
TYPE OF INSTRUMENT	Ordinary Shares
ISIN NUMBER	ZAE000279402
JSE CODE	MTNZF
MEETING TYPE	Annual General Meeting
MEETING VENUE	https://mtnzakhelefuthi.virtual-meetings.online/login
RECORD DATE - to determine which shareholders are entitled to receive the Notice of meeting	Friday, 25 March 2022
PUBLICATION/POSTING DATE	Monday, 4 April 2022
LAST DAY TO TRADE - Last day to trade to determine eligible shareholders that may attend, speak and vote at the Meeting	Monday, 25 April 2022
RECORD DATE- Record date to determine eligible shareholders that may attend, speak and vote at the Meeting	Friday, 29 April 2022
MEETING DEADLINE DATE (For administrative purposes, forms of proxy for the meeting to be lodged	10:00 on Friday, 6 May 2022
MEETING DATE	10:00 on Monday, 9 May 2022
PUBLICATION OF RESULTS	Tuesday, 10 May 2022
WEB SITE LINK	https://www.mtnzakhelefuthi.co.za

Shareholders are advised that the notice of AGM (including the summarised annual financial statements for the year ended 31 December 2021) is available, on the Company's website at -https://www.mtnzakhelefuthi.co.za/home/agm under the section titled "2021 Notice to Annual General Meeting" in English as from today and in Zulu and Sotho by 20 April 2022.

Participation and voting at the AGM

Shareholders will have the opportunity to cast their votes electronically through the iProxy platform prior to the meeting, or send in their proxy forms, or to participate in and/or vote online, using their smartphone, tablet or computer, subject to the provisions applicable to dematerialised shareholders without own-name registration.

Shareholders are referred to the online shareholders guide that will be available on the Company's website on 12 April 2022 at -https://www.mtnzakhelefuthi.co.za/home/agm which provides the details of the electronic meeting and valuable information to prepare Shareholders for electronic participation in and/or voting at the AGM.

Shareholders will be liable for their own network charges in relation to electronic participation in and/or voting at the AGM. Any such charges will not be for the account of the JSE, the Company or any service provider retained for purposes of hosting and/or facilitating the electronic AGM. None of the JSE, the Company or any such service provider can be held accountable in the case of loss of network connectivity or other network failure due to insufficient airtime, internet connectivity, internet bandwidth and/or power outages which may prevent any such Shareholder from participating in and/or voting at the AGM.

Notwithstanding the above, Shareholders are reminded that they are still able to vote normally through proxy submission, despite deciding to participate either electronically or not at all in the AGM. Shareholders are advised, and strongly encouraged, to participate in the AGM electronically and, for administrative ease, to make use of the online proxy platform as outlined in the notice of AGM, subject to the provisions applicable to dematerialised shareholders without own-name registration. Shareholders are encouraged to lodge their proxies timeously.

Johannesburg

4 April 2022

JSE Sponsor:

Tamela Holdings Proprietary Limited