NOTICE IS HEREBY GIVEN THAT the 30^th Annual General Meeting of Agricultural Development Bank Limited (the “Company”) will be held at the National Theatre, Accra at Eleven O’clock in the forenoon (11.00 am) on Wednesday, 18^th July, 2018 to transact the following business:

AGENDA

ORDINARY BUSINESS

1. To receive and adopt the Annual Report and Audited Financial Statements of the Company for the years ended

31^st December, 2016 and 31^st December, 2017 together with the reports of the directors and auditors thereon.

2. To ratify the appointment of Directors.
3. To approve Directors’ Remuneration.
4. To ratify the appointment of Ernst & Young as Auditors
5. To authorize Directors to fix the remuneration of the Auditors for the year 2018.

SPECIAL BUSINESS

1. To authorize Directors to increase the stated capital of the Company to meet the new minimum capital requirement of GHS 400,000,000 set by the Bank of Ghana, through a renounceable rights issue to raise, in the minimum, GHS 310,000,000 subject to applicable regulatory approvals, and to use other capital raising methods to raise the needed capital to cover any shortfall that may result from the rights issue
2. To authorize Directors, subject to applicable rules, to determine the modalities of the renounceable rights issue and any other capital raising methods that may be used in the event of a shortfall arising from the rights issue.

NOTE:

A Member who is unable to attend a General Meeting is entitled to appoint a proxy to attend and vote on his/her behalf. A proxy need not be a member. A proxy form is attached herewith to enable you exercise your vote if you cannot attend. The form should be completed and deposited at the Company’s Registrars, Central Securities Depository at Cedi House, Liberia Road, Accra, or at the Company’s Registered Office at Accra Financial Centre, 3^rd Ambassadorial Development Area, Ridge-Accra. Proxies may be deposited at the addresses indicated herein at any time prior to the commencement of the meeting in accordance with the Company’s Regulations. All relevant documents in connection with the meeting are available to shareholders from the date of this notice on the Company’s website (www. agricbank.com) and at the Company’s Registered Office aforesaid.

Dated this 21^st day of June 2018

COMPANY SECRETARY

BY ORDER OF THE BOARD

THIS NOTICE SUPERSEDES THE ONE CARRIED IN THE TUESDAY 19^TH JUNE, 2018 EDITION OF THE DAILY GRAPHIC.

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