Ariston : Notice of AGM

AHL 1946

(A public company incorporated in the Republic of Zimbabwe under company registration number 254B 104/1947)

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the seventy-fifth (75th) Annual General Meeting ("AGM") of Ariston Holdings Limited ("the Company") will be held in the Centenary Room, Royal Harare Golf Club, 5th Street Extension, Harare, Zimbabwe on the 24 February 2022 at 15:000hrs to consider the following business.

ORDINARY BUSINESS

1. Financial Statements
   To receive, consider and adopt the audited financial statements for the year ended 30 September 2021, together with the reports of the directors and auditors thereon.
2. Re-electionof directors
   To elect directors who retire by rotation, in accordance with the provisions of the Company's Articles of Association. In accordance with the provisions of the Companies and Other Business Entities Act (Chapter 24:31), the directors will be elected as separate resolutions;

1. Mr J W Riekert retires by rotation and being eligible offers himself for re-election.
2. Mrs T Mazingi retires by rotation and being eligible offers herself for re-election

1. Director's remuneration
   To approve directors' fees for the year ended 30 September 2021.
2. Auditors

1. To approve the remuneration of the independent auditors for the year ended 30 September 2021 and;
2. To appoint external auditors of the company for the ensuing year. Messrs PriceWaterhouseCoopers have indicated their willingness to be appointed as independent auditors of the company for the ensuing year.

5. Dividend

To approve the proposed final dividend of ZWL0.058 per share payable to registered shareholders on 27 May 2022.

ANY OTHER BUSINESS

Proxies

A member entitled to attend and vote at the above meeting may appoint one or more proxies to attend, vote and speak on his/her behalf. A proxy need not be a member of the Company. A member wishing to appoint a proxy must lodge the completed proxy form at the registered office of the Company or the office of the Transfer Secretaries (ZB Transfer Secretaries (Private) Limited, 21 Natal Road, Avondale, Harare) not less than 48 hours before the appointed time for holding of the meeting.

By order of the Board

R.A. Chinamo

Company Secretary

REGISTERED OFFICE

18 Coghlan Road

Greendale

P. O. Box 4019

Harare

28 January 2022

ATTENDANCE OF THE ANNUAL GENERAL MEETING (AGM) BY WEBINAR

In the interest of health and safety considerations given Covid-19, Shareholders who prefer to attend the meeting by Webinar are welcome to do so. An electronic link will be sent to the registered Shareholder where email details have been made available to the Transfer Secretaries. For those shareholders who have not provided email details to the Transfer Secretaries, please may you ensure that you provide these details so that you are able to participate in the AGM via electronic means You may send your request to the following: [e-mail] and/ or [e-mail] no later than 22 February 2022, 14:00hrs. In order to utilise this facility. Shareholders are urged to send their requests to the above emails before the above noted deadline. Further, completed proxy forms can be sent to the same email and also to the Transfer Secretaries on [e-mail].

Directors: Mr. A.C. Jongwe (Chairman), Mr. P.T. Spear* (Chief Executive Officer), Mr. I. Chagonda,

Mr. C.P. Conradie, Mrs.T.C. Mazingi, Mr. J.W. Riekert. * Executive