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From: Ghana Club 100 Purpose: For being Number 78 in Ghana’s club 100 Year: 2012

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Mr. Kofi Ampofo Agyapong – Board Chairman The Adansi Rural Bank has posted remarkable growth in all financial indicators for the year 2022. The Board of Directors has consequently proposed a total Dividend payment of GH¢463,117.15, which represents 40 percent of the profit available for distribution, after the Statutory Reserve requirements which translates to a dividend-per-share of GHS0.01. This came to light at the 33rd annual general meeting of shareholders at Fomena in the Adansi North District of the Ashanti Region. This Dividend proposal was made after seeking exceptional approval from the BoG. The Board of Directors hopes that the Bank’s performance will continue to improve to enable the payment of Dividends in the years ahead. The bank recorded a profit before tax of a little over GH¢ 2.4million as against GH¢ 867,838 in 2021, representing an impressive growth of 179%, which translates to GH¢1,555,459 in absolute terms. This resulted from some high level of provision for Bad and Doubtful Debts due to the downgrading of some loans. The bank is currently on the trajectory of growth and making a realistic profit after impairing the over-anticipated GH¢4million in investment income. By this, existing shareholders and prospective ones have been urged to buy more shares to set the Bank’s growth pattern on the long-term objective of making a positive impact in the communities where they operate. The bank’s Management Performance Review as of September 2023 has revealed a profit before tax of about GH¢1.6million. This is a significant performance, and the Board and Management are doing everything possible to ensure sustained operational efficiency to end the year well to give value to shareholders. The total assets of the bank amounted to approximately GH¢164 million in December 2022, representing an increase of 30.98 per cent from about GH¢125million in 2021. A healthy increase in deposits drove the Bank’s growth in total assets while the performance for year-to-date strongly suggests the Bank is very likely to witness a similar trend in 2023. Chairman of the Board of Directors, Kofi Ampofo Agyapong, announced these at the bank’s meeting of shareholders. Stated Capital & Shareholders’ Funds The bank’s stated capital grew only by 1.68 per cent from about GH¢4.9million in 2021 to GH¢4.98 million. Shareholders’ Funds also increased by 19.36 per cent in 2022, compared to 24.30 per cent in 2021. While the bank expects an expansion of its balance sheet through organic growth, the board chairman has stressed that it was important to sign on new shareholders, and also have existing shareholders invest more into the Stated Capital of the Bank. That, according to him, would enable the growth of the Bank to be accelerated and ensure that the Bank was able to expand its operations and enhance its profitability to the benefit of its cherished shareholders. Corporate Social Responsibility Over the years, Adansi Rural Bank has been providing support to various state institutions and stakeholders within its operational territories. Some projects supported within the Bank’s catchment area during the year under review included that of the Traditional Councils, Ghana Education Service (GES) and the Ghana Police Service. The Board Chairman stressed that the Bank is socially responsible and will not renege on supporting projects and engaging in environmentally friendly activities in the years ahead. Future Outlook The Chief Executive Officer of the Bank, Daniel Amponsah, said the Bank would continue to put in pragmatic measures to ensure positive growth and achievement of the Strategic Plan of the Bank. He stressed that the Bank would intensify loan recovery, embark on intensive deposit mobilisation, strengthen internal controls and maintain quality assets to increase profitability. He has also emphasised that the Bank’s business focus in 2023 is on driving growth, innovations, efficiency and service as the main pillars in achieving profitability. Mr Amponsah stressed that the Bank would develop the human capital to meet the demands of functioning profitability as well as achieve the objective of overcoming the shocks of the unfriendly macro economy and rising cost of living, as well as its devastating effects. Reported By: Graphic Online https://www.graphic.com.gh/business/business-news/adansi-rural-bank-pays-dividend-on-bogs-exceptional-approval.html?fbclid=IwAR3utiHEKA_HnE1UPprjYN1bvepJUiD4gGaXdFtwgvT6p4y-P8NT8Kor4Qc

Notice is hereby given that the 33rd Annual General Meeting of the Shareholders of the Adansi Rural Bank PLC will be held at the Nursing and Midwifery Training College, Adansi Fomena, on Saturday, 28th October 2023 at 10:00 a.m. AGENDA To confirm the Minutes of the previous Meeting To receive the Chairman’s Report. • To receive and adopt the Financial Statements of the Bank (together with the Reports of Directors and External Auditors) for the year ended 31st December, 2022. To authorize the Directors to fix the fees of the Auditors. To approve the Directors’ remuneration. To elect a new Director to replace a retiring • Members are encouraged to submit their questions ahead of the AGM directly to the Board Secretary at the bank’s head office, or e-mail to • To declare Dividend for the 2022 Financial Year. info@adansibank.com or on WhatsApp number 0574928683. Director. To transact any other business appropriate. NOTE: A Shareholder who is unable to attend the Annual General Meeting (AGM) is entitled to appoint a proxy to attend and vote on his/her behalf. A proxy need not be a Shareholder. The completed Proxy Form should reach the Board Secretary not less than seventy-two (72) hours prior to the time of the meeting. A person who wishes to contest the Director position should submit his/her application and CV directly to the Board Secretary at the bank’s head Office, or e-mail to info@adansibank.com or on WhatsApp number 0574928683 not less than seven (7) days before the Meeting for onward submission to the Board’s Nomination Committee. In addition to the published Financial Report in To read the notice convening the Meeting. the Daily Graphic on Tuesday, 23rd May, 2023 (pages 42 & 43), Shareholders can pick up copies of the 2022 Annual Report and Financial Statements at the head office and branches. and also on our website, https://adansibank.com/ Shareholders are kindly requested to come along with their Ghana Cards and/or Share Certificates as means of identification at the meeting. Dated in Adansi Fomena this 22nd Day of September 2023. BY ORDER OF THE BOARD OF DIRECTORS. SIGNED NAANA BOATEMAA OWUSU-AKYAW (BOARD SECRETARY)

NOTICE IS HEREBY GIVEN that pursuant to Section 37 of the Companies Act 2019 (Act 992), the Register of members of Adansi Rural Bank PLC will close to the general public on Friday, 29th September, 2023. That, only shareholders in the Register at the close of business on Friday, 29th Septembe, 2023 will qualify for dividend if declared for the financial year ended 31st December 2023. FURTHER NOTICE IS GIVEN that the Register will be opened from 29th October, 2023 By order of the Board of Directors Dated at this day 28th July, 2023 at Adansi Rural Bank PLC, Head Officer, Fomena SIGNED NAANA BOATEMAA OWUSU-AKYAW

Adansi Rural Bank Post Financial Statement For The Year Ended December, 2022 CLICK THE LINK BELOW TO DOWNLOAD Adansi Rural Bank – Financial Statement 2022 – FINANCIAL STATEMENT 2022

Mr. Daniel Amponsah is a very credible resource with hybrid qualities in the banking industry. He is a Chartered Banker and a Management Consultant with over twenty years of industry experience. He has worked and served on a number of specialized Deposit-Taking Institutions in Ghana as Head of Finance, Internal Auditor, General Manager and Board Member. He also has a good stint in the academic domain, having lectured in a number of tertiary institutions in Ghana both full-time and part-time. Mr. Amponsah is customarily hardworking, honest, and humble. He has exceptional leadership qualities and a high sense of accountability. He is result-oriented and seeks the good of others. Education & Professional Qualifications He is a member of the Institute of Chartered Accountants Ghana and a member of the Chartered Institute of Bankers (GH). He also holds a Master’s in Business Administration (MBA-Strategic Management and Consulting) from Kwame Nkrumah University of Science and Technology – (KNUST), Bachelor of Commerce (B.Com-UCC), and HND (Accounting) Kumasi Technical University.

The people of Donyina in the Ejisu Municipality of Ashanti Region have benefited from the numerous Corporate Social Responsibility (CSR) packages of Adansi Rural Bank. The bank has handed over a -unit water-closet toilet facility to the chief and people of Dony,ina near Ejisu in brief but spectacular ceremony. The facility is estimated to cost GHS 180,000.00, and was solely funded by the Bank to/ ease the town’s sanitation challenges. For more news, kindly refer to Monday 26/08/2019 edition of B&FT page 18.