Turnstar : ANNUAL GENERAL MEETING NOTICE

Notice is hereby given that the 2023 Annual General Meeting of TURNSTAR HOLDINGS

LIMITED will be held at the Centre Management Offices, 1st Floor, Game City Retail Mall, Gaborone, Botswana at 1200 hours on Thursday, 27th July 2023 for transacting the following business agenda:

Agenda:

1. To read the notice convening the meeting
2. Welcome and opening remarks by the Chairman

A. Ordinary Resolutions

1. To receive, consider and adopt the Audited Financial Statements for the year ended 31 January 2023 together with the Auditors report to the Board
2. To approve the distribution of dividend as recommended by the Board of Directors for the year ended 31 January 2023.
3. To confirm the appointment of the following as a Director of the Company:
4. 1. Henrietta Sethebe Manake
      Sethebe Manake is an influential figure in Botswana's real estate industry, known for her thought leadership and proptech advocacy. With over 14 years of experience, she founded Gosmartvalue, a research and consulting firm focused on transforming the sector. She holds a BSc in Property Studies from the University of Cape Town and an MSc in Strategic Management from the University of Derby and is a chartered surveyor in Real Estate Investment and Finance.

She is currently operating her own real estate research and consulting firm delivering automated property valuations and customized dynamic market insights for real estate investors, financiers and developers.

6. To re-elect the following Directors who retire by rotation in terms Article 63 of the Articles of Association of the company and being eligible, offer themselves for re-election:

P.O. BOX 26012 GAME CITY GABORONE BOTSWANA TEL: [phone] FAX: [phone]

WEB: www.turnstar.co.bw

Directors: B D Phirie (Chairman)*, G H Abdoola (Managing Director)*, V T Tebele*, S S Mantswe*, A Chetty **,

S. Puvimanasinghe***, S H Manake* *Botswana **South Africa ***Sri Lanka

1. 1. Butler Phirie
      Non-Executive Director since July 2021
      Mr. Phirie is a fellow member of the Botswana Institute of Chartered Accountants and the Association of Chartered Certified Accountants (UK). He brings with him a wealth of experience, having served at Pricewaterhouse Coopers for 27 years, 13 years of which he was the Managing Partner. He has also served the Botswana Development Corporation as General Manager Finance for 4 years.
   2. Victoria Tebele
      Non-Executive Director since February 2021
      She is a Fellow Member of both ACCA and the Botswana Institute of Chartered Accountants, and has extensive experience in financial and management accounting, risk management, internal auditing, contracts management, corporate governance and people management in a number of industries including mining, financial services, beef production and general maintenance in both the private sector and parastatals.
      She is currently serving as the Treasurer at the Botswana Chamber of Mines and is currently the Country Manager and Director at Epiroc Botswana, a supplier of innovative mining solutions."
2. To ratify the remuneration paid to the Non-Executive Directors for the year ended 31 January 2023
3. To ratify the remuneration paid to the auditors, Ernst & Young, for the year ended 31January 2023
4. To appoint Ernst & Young as Auditors for the year ending 31 January 2024 and authorise the Directors to fix their remuneration.

1. Answering of questions raised by linked unit holders in relation to the affairs and the business of the Company by Directors and Management.
2. To close the meeting.

A member entitled to attend, and vote may appoint a proxy (who need not be a member of the company) to attend and vote for him/her on his/her behalf. The instrument appointing such a proxy must be lodged at or posted to the registered office of the company not less than 48 hours before the meeting.

By order of the Board

GRANT THORNTON BUSINESS SERVICES (PROPRIETARY) LIMITED

Company Secretaries

Date: 5th June 2023

REGISTERED OFFICE:

Plot 50370, Acumen Park

Fairgrounds

P O Box 1157

P.O. BOX 26012 GAME CITY GABORONE BOTSWANA TEL: [phone] FAX: [phone]

WEB: www.turnstar.co.bw

Directors: B D Phirie (Chairman)*, G H Abdoola (Managing Director)*, V T Tebele*, S S Mantswe*, A Chetty **,

S. Puvimanasinghe***, S H Manake* *Botswana **South Africa ***Sri Lanka