NMBZ : Dividend Election Form

SCRIP DIVIDEND OFFER - ELECTION FORM

Shareholder's Number

NAME AND ADDRESS OF SHAREHOLDER

Number of fully paid ordinary shares registered in your name at the
close of business on 22 September 2023	8

GROSS DIVIDEND	at 556 ZWL cents per share
WITHHOLDING TAX	if applicable
NET DIVIDEND	payable in cash

TO: The Directors

NMBZ Holdings Limited

I/We, the undersigned, being the registered shareholder(s) of ordinary shares in NMBZ Holdings Limited at the close of business on Friday 22 September 2023 give notice that, in respect of the dividend shown above, I/we irrevocably elect to receive in respect of the interim dividend for the half year ended 30 June 2023 the following:

PLEASE TICK THE OPTION YOU WISH TO RECEIVE

Option 1

OR Option 2

Dividend to be paid

an allotment of new shares credited as fully paid

Signature:	1.	2.

Date:

In the case of joint holders ALL must sign. In the case of a corporation, this form should be executed under its common seal or be signed by a duly authorized official. This form should be sent to:

First Transfer Secretaries (Private) Limited, 1 Armagh Avenue, Cnr Armagh Avenue / MacClerry Avenue, Eastlea, (P.O Box 11), Harare, by 4.00pm on Friday 20 October 2023

If you have any queries, please contact the Dividends Administrator, First Transfer Secretaries (Private) Limited: Telephone [phone];

E-mail:[e-mail]

NMBZ SCRIP DIVIDEND

CASH/SCRIP DIVIDEND OFFER - TERMS OF ELECTION

THE SHAREHOLDER to whom this may concern

1. DIVIDEND PAYMENT
   The directors declared an interim dividend of ZWL 556 cents per share, in respect of the period ended 30 June 2023 payable on or about 27 October 2023 to shareholders registered in the books of the Company on 22 September 2023.
   Shareholders have an option to elect whether to take their dividend as cash in Zimbabwe Dollars or as an allotment of new shares credited as fully paid.
2. ELECTION PROCEDURES
   The following procedures are required to take up one of these options.

1. To receive your dividend entitlement wholly in Zimbabwe dollars you should tick Option 1 on the Form of Election.
2. To receive your dividend entitlement wholly as an allotment of new shares in NMBZ credited as fully paid.

If no Form of Election has not been received on the latest date of receipt of Election Forms, it will be assumed that the member has elected to receive cash.

3. RETURN OF ELECTION FORM

• Return your Form of Election to First Transfer Secretaries.

•	All election	Forms must be received by the Company's
	share transfer secretary, FIRST TRANSFER SECRETARIES
	(PRIVATE) LIMITED, 1 Armagh Avenue, Eastlea, (P.O.Box 11),
	Harare no later than 4pm on Friday, 20 October 2023. You
	should allow at least four full	working	days	for	postal
	delivery in	Zimbabwe. Given	the pressure	on postal
	deliveries at this time, shareholders are encouraged to send
	the completed Form of election	to the	following	email
	address [e-mail]. An acknowledgement of receipt
	of a Form of Election will be given.

4. BASIS OF ALLOTMENT

Should a Shareholder elect to receive the Scrip Dividend, such Shareholder's entitlement to new NMBZ Limited shares.This offer is made at a price of ZWL 16,700 cents per share. Shareholders will get 0.033 Scrip share for every 1 share already held.

A fraction of a share will be rounded down to the nearest whole share. Shareholders whose scrip entitlement amount to less than one (1) share will be paid out in cash.

Mrs. V.T Mutandwa

Company Secretary

5. TAXATION

Where members are liable to withholding tax, this amount will be deducted in determining the net dividend,which is to be paid in the currency elected by the shareholder.

6. NOMINEE ORGANISATIONS

Nominee organizations holding shares on behalf of a number of different shareholders may split the election based on theintentionof variousshareholders. This split should be made in liaison with the ShareTransfer Secretary.

7. CASH DIVIDENDS TO FOREIGN SHAREHOLDERS

All cash dividends to foreign shareholders to be paid subject to foreign currency availability.

8. TABLE OFEVENTS

Description of Event	Date
Dividend Announced	7-September-2023
Last date to Trade-Cum Dividend	19-September-2023
Shares trade Ex Dividend	20-September-2023
Last day to register for dividend (LDR)	22-September-2023
Mailing of Forms of Election- 4.00 pm	29-September-2023
Latest time and date of receipt of Election	20-October-2023
Forms (posted or hand delivered) by the Share
Transfer Secretary - by 4,00 pm.
Press Announcement of Results	31-October-2023
Dividend Payment Date	27-October-2023