FMBcapital : FMBCH plc H1 2023 Trading Statement

FMBcapital Holdings PLC (incorporated in Mauritius)

Registration No: 137027 C1/GBL

MSE code: FMBCH

ISIN: MWFMB0010138

TRADING STATEMENT FOR THE SIX-MONTH

INTERIM PERIOD ENDING 30 JUNE 2023

FMBcapital Holdings (FMBCH) plc is the Mauritius based holding company for the FMBcapital Group which has banking and finance operations in Botswana, Malawi, Mozambique, Zambia, and Zimbabwe, in addition to operations and technology shared services in Mauritius (the Group).

In compliance with the Listings Requirements of the Malawi Stock Exchange, a listed company is required to publish a Trading Statement as soon (within thirty days prior to the reporting period) as it is reasonably certain that the financial results for the period to be reported next will differ by at least 20% from the financial results for the previous corresponding period.

The after-tax profit, which can be attributed to the owners of FMBCH, is anticipated to increase by more than 40%. Furthermore, the consolidated after-tax profit for the same period is expected to exceed the profits achieved in 2022 by over 40%. All these estimates are provided in US Dollars.

Shareholders are reminded that the FMBCH Group's results are subject to the economic conditions in the countries in which it operates. This particularly pertains to the hyperinflation and multi-currency regime in Zimbabwe.

The information on which this trading statement is based has neither been reviewed nor reported on by FMBCH's external auditors.

Jaco Viljoen

Group Managing Director

23 June 2023

FMBcapital Holdings Plc

Branch Office: 3rd Floor, Livingstone Towers, Glyn Jones Road, Blantyre, Malawi.

Tel: [phone]

Registered Office: C/o: JTC Fiduciary Services (Mauritius) Limited, Suite 2004, Level 2, Alexander House, 35 Cyber City, Ebene, Mauritius.

Botswana · Malawi · Mauritius · Mozambique · Zambia · Zimbabwe

fmbcapitalgroup.com