Rainbow Tourism : 2023 AGM Results

RESOLUTION	RESULT
ORDINARY BUSINESS
1.	To receive and adopt the financial statements and the reports of directors and auditors for the year	PASSED
	ended 31 December 2022.
2.	To approve the remuneration and emoluments of the directors for the year ended 31 December 2022	PASSED
	in accordance with section 207(2) of the Companies and Other Business Entities Act [Chapter 24:31].
3.	To confirm payment of a final dividend for the year ended 31 December 2022.	PASSED
4.	To re-elect the following director, Mr. Givemore Taputaira, who retires by rotation at the AGM and,	PASSED
	being eligible offers himself for re-election in accordance with Article 99 of the company's Articles
	of Association.
5.	To re-elect the following director, Mr. Andrew Bvumbe, who retires by rotation at the AGM and, being	PASSED
	eligible offers himself for re-election in accordance with Article 99 of the company's Articles of
	Association.
6.	To fix/approve the remuneration for the auditors for the year ended 31 December 2022. To fix/	PASSED
	approve the remuneration of Messrs. BDO Zimbabwe Chartered Accountants for the past year's audit
	in accordance with section 191 of the Companies and Other Business Entities Act [Chapter 24:31].

7. To re-appoint Messrs. BDO Zimbabwe Chartered Accountants (Zimbabwe) as auditors for the PASSED ensuing financial year.

SPECIAL BUSINESS

As a special resolution;

1.	To increase the Company's authorized share capital in accordance with article 50 of the Company's	PASSED
	Articles of Association from the current 2,500,000,000 (two billion, five hundred million) shares to
	5,000,000,000 (five billion) shares.
As an ordinary resolution;
2.	To authorize the Company to make a loan to any Executive Director or to enter into any guarantee or	PASSED
	provide any security in connection with a loan to such Executive Director for the purpose of enabling
	the Director to properly perform their duty as an officer of the Company in terms of Section 208(2)

1. of the Companies and Other Business Entities Act [Chapter 24:31], as may be determined by the Human Resources and Remuneration Committee of the Board of Directors, provided that the amount of the loan or the extent of the guarantee or security shall not exceed twice the annual remuneration of the Director.