Willdale : 2022 AGM Notice

NOTICE TO MEMBERS

Notice is hereby given that the Annual General Meeting of Willdale Limited will be held in the Boardroom, Willdale Administration Block, 19.5km peg Lomagundi Road, Mount Hampden on Thursday 7 April 2022 at 1100 hours for the purpose of transacting the following business:

1. To receive and adopt the financial statements and report of the Directors for the year ended 30 September 2021;
2. To approve the fees for the Directors;
3. To reappoint BDO Zimbabwe Chartered Accountants as auditors for the ensuing year;
4. To approve audit fees for the year ended 30 September 2021;
5. To re-elect the following Directors who retire in terms of the Company's Articles of Association and who, being eligible, offer themselves for re-election:

5.1 Mr. B Mataruka

Brian is a registered lawyer practicing with a leading law firm Gill, Godlonton & Gerrans. He sits on the boards of several companies in Zimbabwe. Brian was appointed to the Board of Willdale Limited in 2017.

5.2 Mr. C Makoni

Cleopas is a qualified accountant with several years of practical and business experience. He is currently an executive Director of Topaz Business Consulting and a non-executive Director of ZB Life and is in his tenth year of service to the Board of Willdale Limited.

6. To appoint Mrs. Paidamoyo Patience Chadoka as a non-executive Director of the Company.

Paidamoyo is a seasoned business leader who has contributed immensely to the dairy industry in Zimbabwe and the region. She holds Bachelor of Science (Hons) Agriculture (University of Zimbabwe) and EMBA (Africa University) degrees and is currently the Chief Executive Officer of the Zimbabwe Association of Dairy Farmers.

7. Special business

Special Notice is hereby given in terms of Section 177 of the Companies and Other Business Entities Act as read with Article 108 of the Company's Articles of Association, that an ordinary resolution will be taken for the removal of Mr. Washington Chidziwo as a director of the Company.

A member entitled to attend and vote at the meeting may appoint one or more proxies to attend, vote and speak in their stead. The proxy need not be a member of the company. To be effective, the proxy form must be lodged at the company's registered office at least forty- eight hours before the appointed time for the Meeting.

1. Munginga Company Secretary 7 March 2022

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