Notice of Meeting

To All Shareholders of Shabelle Bank S.C

Shabelle Bank Share Company will conduct its 4^th Ordinary General Meeting on December 28, 2025,         at 8: 00 AM at the Management & Public Service College Meeting Hall in Jigjiga, and its Board of Directors cordially invites its shareholders or their proxies to attend this meeting, on the specified date, time and place.

Name of the Share Company                         Shabelle Bank S.C.

Type of the Share Company                           Share Company Engaged in Bank Business

Subscribed Capital of the Share Company       2,204,070,000

Paid-up Capital of the Share Company            2,203,080,000

Registration Number of the Share Company    NBE/TM/025/2021

Head Office Address of the Share Company   Jigjiga City, Kebele 06, Shabelle Business Center, 5^th Floor

Agendas for the 4^th Ordinary General Meeting

1. Accepting New Shareholders and Approving the Transfer and Purchase of Existing Shares;
2. Hearing the Report of the Board of Directors for the Year 2017 E.C. and Approving it after Deliberations;
3. Hearing the Report of the External Auditors for the Year 2017 E.C. and Approving it after Deliberations;
4. Hearing the Recommendations Relating to the Allocation and Distribution of Profits of the Budget Year (2017 E.C.) and Passing Resolutions after Deliberations;
5. Discuss and Approve the remuneration for the members of the Board of Directors for the year 2024/25 (2017).
6. Discuss and Approve the monthly allowance for the members of the Board of Directors in the year 2025/26 (2018);
7. Establishing a temporary Nomination Committee and electing additional female Board of Directors’ member.

Agendas for the 2^nd Extra Ordinary General Meeting

1. Discuss and approve the amendment of the Bank’s Memorandum of Association.

N.B.

• Shareholders who will not be able to attend the meeting personally shall fill and deposit their proxy at the Head Office of the Bank located in Jigjiga, Shabelle Bussiness Center building, 1^st floor, 3 (three) working days before the meeting.
• Shareholders or their proxies shall come to the meeting with their renewed IDs or passport that shows their identity and the fact that they are of Ethiopian nationality or Ethiopian by birth. Shareholders represented by corporate shareholders shall also come up with legally acceptable documents that show their authorization to participate and vote in the meetings. 
•   Agents who hold duly authenticated Power of Attorney from a shareholder can participate in the
    meeting by presenting a copy and the original of the Power of Attorney.

Board of DirectorsShabelle Bank S.C