The Care Cooperative Savings & Credit Society Ltd

Providing affordable and flexible finance to enhance members standard of living

Plot 9696, Chadleigh Great East Rd Off Munali Road, P. O. Box 37948, Lusaka 10101. Tel: +260 211 292995

Notice of Annual General Meeting

Notice is hereby given that the Annual General Meeting (AGM) of the members of Care Cooperative Savings and Credit Society Limited (the "Cooperative") will be held on Saturday, 12 April 2017 at 08:30h at the Radisson Blu Hotel, Lusaka, Zambia to transact the following business:

08:30hrs: Arrival of members and Registration

09:00hrs: Review, Correction and Adoption of 2015 AGM Minutes

09:15hrs: Board Chairperson’s Speech

09:30hrs: Speech by Guest of Honour - Ministry of Commerce Representative

09:45hrs: Presentation of Awards

09:55hrs: Presentation and adoption of 2016 audited Financial Statements/Comment from Auditors

10:30hrs: Declaration of Dividend/Interest

10:45hrs: Supervisory Committee report

11:00hrs: Appointment of Auditors for the financial year 2017

11:15hrs: Report on Share Split Policy Implementation (Share Offer and investment diversification)

11:45hrs: Presentation of Answers to pre-sent Questions

12:05hrs: Election of Directors

13:00hrs: Closing Remarks/Prayer & Lunch

By Order of the Board

Fidelity Milambo

Board Secretary

Issued in Lusaka, Zambia on 9th March 2017.

Message from the Chairlady Dr Chilunga Puta

Dr Chilunga Puta

It has been my privilege and honor to chair the CareCoop Board post the 2015 annual general meeting held in May 2015 at Cresta Hotel. What an exciting journey it has been!

In spite of the national economic challenges that have resulted in the devaluation of the Kwacha, the negative impact of which we have all felt, CareCoop continues to strive to explore mechanisms to maximize benefits for our members and can boast of profitability even in this harsh economic climate. We at CareCoop prioritize the well-being of our membership and have continued to seek ways in which we can add value to their investments in CareCoop. For this reason, in addition to our regular activities, we have sought ways to diversify our fund raising strategies and to this end have put a committee of experts in place specifically to analyze the options open to us. Consequently CareCoop is looking to diversifying into subsidiary holdings and exploring both short and long-term investments.

It is my vision that CareCoop members should have access to affordable housing financing so that as our members approach retirement they will be at ease knowing that they have their own homes. A key obstacle is the high cost.

Our members will be pleased to note that we were awarded best SACCO of the year at the International Credit Union’s day (ICUD) held on 15th October 2015.

As we look forward I am convinced that CareCoop has a bright future and with this current innovative team we will be able to make CareCoop a force to reckon with and maximize both investor and shareholder value.

Mecury One Lodge

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