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Appointment of Eng. Ridhuan A. Mringo as Mwanga Hakika Bank Board Chairman

The Board of Directors of Mwanga Hakika Microfinance Bank Limited is pleased to announce appointment of Eng. Ridhuan A. Mringo as new Board Chairman of the bank.

Eng. Ridhuan Mringo is currently the group Chairman of Derm Group that own companies of
Derm Electrics Tanzania Limited, Skyline Properties Limited and Derm Elevators (OTIS Exclusive
Distributor in Tanzania). He is an Electrical Engineer by profession with vast experience in engineering project management and leading first class corporate organizations.

Eng. Mringo brings in to the bank a wide range of experience in areas of Leadership, Entrepreneurship, Business Strategies and Investments. The Board of Directors and Management of Mwanga Hakika Microfinance Bank Limited takes this opportunity to congratulate Eng. Mringo on his appointment and welcome him on board.