CITIZENS DEVELOPMENT BUSINESS FINANCE PLC – P B 232 PQ

Notice is hereby given that the Twenty Seventh Annual General Meeting of Citizens Development Business Finance PLC will be held at the CDB Corporate Office, No. 123, Orabipasha Mawatha, Colombo 10, on Wednesday, 2 August 2023 at 10.00 a.m.

Agenda

1. To receive the Annual Report of the Board of Directors on the Affairs of the Company and the Audited Financial Statements for the year ended 31 March 2023 with the Report of the Auditors thereon.

2. To declare a Final Dividend of Rs. 5.00 per share for the financial year ended 31 March 2023 as recommended by the Directors.

3. To re-elect Independent Non-Executive Director Mrs P R W Perera, who in terms of Articles 24 (6) and 24 (7) of the Articles of Association of the Company retires by rotation at the Annual General Meeting as a Director.

4. To re-elect Independent Non-Executive Director Mr S Kumarapperuma, who in terms of Article 24 (6) and 24(7) of the Articles of Association of the Company retires by rotation at the Annual General Meeting as a Director.

5. To authorise the Directors to determine Contributions to Charities and other donations for the ensuing year.

6. To appoint Messrs Ernst & Young (Chartered Accountants), as Auditors in place of Messrs KPMG (Chartered Accountants) and authorise the Board of Directors to determine their remuneration.

BY ORDER OF THE BOARD OF DIRECTORS OF
CITIZENS DEVELOPMENT BUSINESS FINANCE PLC

sgd.

Company Secretary

28 June 2023

Note:

A member is entitled to appoint a proxy to attend and vote instead of himself/herself and a Proxy need not be a member of the Company. A Form of Proxy is enclosed for this purpose. The instrument appointing a proxy must be deposited at the Registered Office of the Company, addressed to Company Secretary, No. 123, Orabipasha Mawatha, Colombo 10 not less than 48 hours before the time fixed for the holding of the AGM.