NOTICE TO SHAREHOLDERS PUBLICATION OF ABRIDGED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2019

THE FOLLOWING IS A COMPANY ANNOUNCEMENT ISSUED BY CASSAVA SMARTECH ZIMBABWE LIMITED (“THE COMPANY”) IN COMPLIANCE WITH THE ZIMBABWE STOCK EXCHANGE LISTING RULES.

The Board is currently considering the application of additional accounting requirements following the announcement of the Monetary Policy Statement of 20 February 2019 and the issuance of Statutory Instrument 33 of 2019 (SI 33 of 2019) and its consequent effects. The Board wishes to advise all shareholders that the financial statements for the period ended 28 February 2019 will be published on or before 30 June 2019.

Charmaine Rose Daniels

Company Secretary