SHARE APPLICATION FORM

For the public offer of 1,380,206,250 ordinary shares of

FDH Bank Limited at MWK10.00 per ordinary share
Offer opens 29 June 2020, at 09:00 and closes on 17th July 2020, at 17:00

FDH Bank Plc

FDH Bank
Incorporated in Malawi on 16th May 2007
(“FDH”, “Bank”, or “Company”)

Please read the Prospectus including the Terms and Conditions of the Offer and refer to the guide on the reverse side before completing this form. The form should be completed in
CAPITALS and all fields must be completed. Incomplete or erroneously completed applications may be rejected.

Applicant’s declaration to the Directors of FDH Bank

I/We hereby declare that I/we have read and understood in full (a) this Application Form including the instructions on the reverse of this form (b) the Terms and Conditions of the Offer
and (c) the Prospectus which was prepared and published by the Company in relation to the IPO. I/We understand that this is the Application Form referred to in the Prospectus. In
particular, I/We do hereby accept the Terms and Conditions set out in the Prospectus pertaining to the IPO and declare that all details and statements made by me/us on this Application
Form are complete and accurate.

I/We represent, warrant and undertake to the Company that our subscription for the below shares will not cause the Company or me/us to violate the laws of Malawi or any other
jurisdiction which may be applicable to this subscription for shares in the Company. Accordingly, I/We do hereby submit this application to subscribe for the number of shares set out
below.

Signatures:

Date: (dd/mm/yyyy)

Assisted by (in case of minors):

Application Type Individual Joint Individuals Corporate Other Specify:

(Tick the appropriate one):

1. APPLICANT DETAILS

Title(s): (circle appropriate title(s), Dr. Mr. Mrs. Miss. Rev. Other (Specify)
or fill in the blank if not listed)

Name of Applicant: First Name Other Names Surname

Identification Details: National ID Number Passport Number Other ID

(Choose one)

Nationality:
Day Month Year
Date of Birth:

Legal Name of Applicant: Name Registration Number

(if a Corporate or Other Entity)

Postal Details:

Email Address:

Phone Number:

Physical Address:
 2. APPLICATION FOR SHARES
(NOTE: Minimum of 500 shares are to be applied for and thereafter in multiples of 100 shares)

Number of Shares Applied for Total Amount Payable Total Amount Payable
(In figures) (In figures) (In words)

3. APPLICANT’S ACCOUNT DETAILS

(in the event of a refund due to you, the refund will be sent to the account details here)

Account Details of Bank Name Branch Name Account Name Account Number
Applicant

Mode of payment Cash Banker’s Bank Draft Electronic Internet Banking/

for Shares cheque Transfer Mobile Money
(Tick appropriate box) (Insert FT Number below)

FT Number
(In the case of electronic transfer)

4. PREFERRED BROKER
(Tick the box next to your preferred broker)

Alliance Stockbrokers Limited Cedar Capital Limited

Continental Capital Limited Stockbrokers Malawi Limited

5. CSD ACCOUNT NUMBER DETAILS

CSD Account Number

Please fill in CSD Form 1 to accompany this Application Form if you do not have a CSD account

GUIDE TO THE APPLICATION FORM

You should read the Prospectus carefully including the Terms and Conditions of the Offer before completing this Application Form.

Instructions:
1. Please fill out all relevant fields of the Application Form in CAPITAL LETTERS

2. Write your full name. Initials are not acceptable for first name and surname of individual applicants. The application must be in the name of natural persons,
companies or other legal entities acceptable to the Company. At least one full given name and surname is required for each natural person

3. Insert the number of shares that you wish to apply for (not less than 500 shares and in multiples of 100 shares thereafter). Insert the corresponding amount
payable for shares applied for in words and figures under Section 2 “Application for Shares”
An illustrative number of shares applied for andcorresponding monies:
 No. of shares Application monies No. of shares Application monies No. of shares Application monies

500 5,000 25,000 250,000 5,000,000 50,000,000

1,000 10,000 50,000 500,000 10,000,000 100,000,000

2,500 25,000 100,000 1,000,000 50,000,000 500,000,000

5,000 50,000 500,000 5,000,000 100,000,000 1,000,000,000

10,000 100,000 1,000,000 10,000,000 500,000,000 5,000,000,000

4. Enter your contact details including postal address, mobile phone number and email address for all correspondence regarding your Application Form or
Application Monies or other correspondence in regards to this IPO. All communications to you from the Company will be mailed to the person and address
shown on the Application Form. For joint applicants, only one address should be included

5. Ensure that you provide your correct CSD account number. If you do not have a CSD account number complete the CSD Form 1, clearly indicating your
preferred broker in order to have a CSD account number created for you. Shares that may be allotted to you at the end of the IPO will be credited to this
CSD account

6. Provide your ID details, preferably the Malawi National ID number or at least a passport number as these are key for the creation of your CSD account number
(if you do not have a CSD account already). Applicants without a CSD account are required to submit a duly completed CSD form

7. Insert your correct account details for purposes of refund of a portion of the monies you paid for the shares in the event of an oversubscription but also for
purposes of payment of any dividends in future

Payments should be made to the following bank account for investors within Malawi:

FDH Bank
Bank Name: FDH Bank Plc
Account number: 1850001027996
Account name: FDH Bank Plc IPO
Branch: Umoyo

Payments should be made to the following bank account for international investors:

Correspondent Crown Agents Beneficiary FDH Bank Final beneficiary FDH Bank IPO
bank Name Bank bank name Name
Account number: 36391488 Account number: 33058101 Account number: 1850001027996

Swift code CRASGB2L Swift code FDHFMWMW

IBAN GB11CRAS60836833058101

Standard Bank:
Bank Name: Standard Bank
Account number: 9100003285062
Account name: FDH Bank IPO
Branch: Blantyre Branch
Swift code SBICMWMX

Payments should be made to the following bank account for international investors:

Correspondent bank name: Deutsche Bank Trust Company Americas, NY

Account number: 04429218

Swift code BKTRUS33

Submission of the Application Forms
Submit your Application Form accompanied by payment for the shares applied for at any Receiving Bank Branch or agency near you

Details of Receiving Banks and respective branches

FDH Bank
Balaka Chikwawa City Centre Jenda Liwonde Mponela Mzuzu Highway Ntaja Salima
Bangula Chilumba Cross Roads Kanengo Luchenza Mthuntama Nchalo Ntcheu Thyolo
Blantyre Main Chiponde Dedza Karonga Lunzu Mulanje Neno Ntchisi Umoyo House
Bvumbwe Chiradzulu Dowa Kasungu Mangochi Mwanza Nkhatabay Old Town Zomba Main
Bwaila Chiringa Gateway Mall KIA Mchinji Mzimba Nkhotakota Phalombe
Chichiri Chitipa Goliati Limbe Churchill Monkey Bay Mzuzu city Nsanje Rumphi
centre

Standard Bank
Balaka Capital City Corporate Gateway Mall Karonga Limbe Mponela Mzuzu Ntcheu
Blantyre Chichiri Dedza Ginnery Corner Kasungu Luchenza Mwanza Mzuzu Digital Salima
Bwaila City Mall Dwangwa Kanengo Lilongwe Mangochi Mzimba Nchalo Zomba
TERMS AND CONDITIONS OF THE OFFER
The Offer

FDH Bank Plc (‘FDH’ or ‘the Company’) hereby offers its Offer Shares for subscription by the general public through this IPO
as follows:

Number of Offer Shares and Pricing

The Company will offer a total of 1,380,206,250 shares in the IPO, made up of 979,175,000 shares for sale and 401,031,250
shares for subscription in FDH

The IPO consists of a public offer to the general public

The subscription price for the Offer Shares is MK10.00 price per share

Offer Period
The offer period begins on 29th June 2020 at 09:00 and ends on 17 th July 2020 at 17:00. The Company’s Board of
Directors is entitled to extend the offer period if deemed necessary and a press release will be published in the event of
such an extension

Category of Offer Shares

The Offer Shares comprise of ordinary shares at no par value

Participation in the Offer

Applicants may obtain a copy of the Prospectus, Application Forms and Central Securities Depository (‘CSD’) Forms either
from https://www.fdh.co.mw/investor or from any branch of the Receiving Banks listed in Appendix 4 of the Prospectus

Duly completed Application Forms will be deemed submitted once lodged with the Receiving Banks in accordance with the
Terms and Conditions of this Offer together with the Applicant’s proof of payment for the number of shares applied for

Alternatively, Applicants can submit duly completed Application Forms as follows:

OneClick & Mobile Smart App

Applicants who are customers of FDH will be required to activate OneClick or Mobile Smart App accounts

Click ‘Payments’ then ‘FDH shares’

Proceed to fill in the digital Application Form which is displayed

Once all mandatory fields on the Application Form have been completed a proof of payment will be generated and
sent to the OneClick or Mobile Smart App account owner via e-mail

Applicants who already have a CSD account number should send the proof of payment to [email protected]
or WhatsApp number: +265 880 89 80 21

Applicants who do not have a CSD account number will need to download a CSD form from the FDH investor page:
https://www.fdh.co.mw/investor and send the scanned completed CSD form together with the proof of payment to
[email protected] or WhatsApp number: +265 880 89 80 21

WhatsApp and/or email

Applicants will be required to have active email and/or WhatsApp accounts

Applicants can obtain a copy of the Prospectus, CSD Forms and Applications Forms from any branchs of the
Receiving Banks listed in Appendix 4 of the Prospectus or https://www.fdh.co.mw/investor

Scanned duly completed Application Forms must be sent to [email protected] or WhatsApp number:
+265 880 89 80 21 together with the proof of payment

Submission of the Application Form to the Receiving Banks does not constitute an acceptance of the shares applied for
Payments for Subscription

Monies for the Offer Shares can be transferred by Applicants through:

FDH Mobile banking, FDH Wallet, Ufulu USSD digital, OneClick and WhatsApp Banking (hereinafter referred to as
the ‘FDH Bank Digital Payment Methods’)

247 Mobile, 247 App and 247 Online (hereinafter referred to as the ‘Standard Bank Digital Payment Methods’)

Digital payment systems available via other banking platforms

Payments must be made in MWK in favour of “FDH Bank IPO Account” detailed on the Application Form and submitted to
any branch of the Receiving Banks no later than 17th July 2020 at 17:00

Applicants must ensure that payments through a bankers’ cheque/draft are cleared before the close of the Offer on 17th July
2020

Foreign investors should attach a copy of the swift confirmation of their funds transfer supporting their application together
with their Application Form and ensure funds are credited to the appropriate account prior to the closing of the Offer through
close liaison with the Receiving Banks

Foreign application funds will be held in trust in a US$ denominated account pending announcement of the results of the
Offer

Application Forms
By completing and delivering the Application Form, each Applicant:

Agrees to subscribe for the number of Offer Shares according to the Terms and Conditions of the Offer

Warrants that he/she has read this Prospectus and understood all its content

Accepts the provisions and all relevant laws mentioned in this Prospectus

Accepts that the number of Offer Shares that will be allocated to him/her at the end of the IPO may be reduced

Acknowledges that he/she has fulfilled all the requirements and conditions relating to the IPO and the laws of Malawi

Confirms that all information provided on the Application Form is true, complete, up to date, and not misleading and
acknowledges that he/she shall bear full legal responsibility in the event that it is proved otherwise

Changes to or withdrawal of an Application Form will not be permitted once submitted to the Receiving Banks

Application Forms submitted during the IPO offer period should be accompanied (where applicable) with the following
documents:

A true copy of the Applicant’s National Identification card (national ID) as the preferred ID. Passports and driver’s
licence will only be considered for those applicants without a national ID

A true copy of valid passport for foreign investors

A true copy of the certificate of incorporation for corporate applicants

Applicants can apply for the shares as individuals or as Joint Applicants

Deceased or insolvent estates may not apply for the Offer Shares

Executors, trustees and individual partners may apply for the Offer Shares in their own name

Applications on behalf of minors (persons below the age of 18) and people under legal incapacity should be executed by
their legal representatives
Application Forms that are not in compliance with the Terms and Conditions of the Offer set herein can be rejected in full or
in part at the sole discretion of the Company

The Applicant shall accept any number of Offer Shares allocated to him/her

Discrepancies between the number of shares applied for and the value thereof, will be adjusted to the value received for
the application at the sole discretion of the Company

Applications received after the close of the Offer Period will not be considered

Neither FDH, nor any of its Advisors nor any of the Authorised Brokers shall be under any liability whatsoever should an
Application Form not be received by the Closing Date unless it is proven beyond doubt that the delay was caused by FDH
or any of its agents during the Offer Period

Multiple applications are permitted per Applicant and all Application Forms received from a one Applicant will be aggregated
and treated as a single application

Incomplete and incorrectly filled Application Forms will not be considered

The value of the number of shares being applied for by foreign investors shall be determined on the basis of the ruling RBM
mid-rate of exchange on the closing date of the Offer rounded down to the nearest 1,000 shares

FDH’s Board of Directors will decide on the allocation of Offer Shares to Applicants. Approved allocation of shares will be
communicated by 28th July 2020

Nominee Accounts

An authorized representative such as nominees accounts may apply on behalf of their clients on one Application Form
clearly stating on a separate schedule, the name, address, country of residence and number of shares applied for by each
beneficial owner. The schedule must be accompanied by a declaration of the representative indicating that Know Your
Customer (KYC) procedures have been completed satisfactorily in line with Financial Crimes Act No. 14 of 2017

Minimum Subscription

Applications must be in multiples of 100 shares with a minimum application of 500 shares

There is no maximum number of shares or maximum subscription amount that can be applied for by Applicants

Right to Cancel the Subscription

The Company's Board of Directors is entitled to cancel the IPO at any time prior to the completion of the IPO due to,
among other things, market circumstances, the Company's financial condition, a material change in the Company's
business, a decision by the Malawi Stock Exchange (MSE) regarding the listing or any other reason

Application monies will be refunded to the Applicants in the event that the IPO is cancelled. No interest will be paid on
the refunded amount

Allocation of Shares and Refunds

Allocation Method
Shareholders will be able to obtain a statement of shares allocated to them from their appointed broker

The Company's Board of Directors will approve in full or in part of the Applications given in the Offer period by the
24th July 2020 and submit the results to MSE

The Company’s Board of Directors will decide how to proceed in case of an under or over subscription of the IPO
Refunds
I f an Applic at ion i s di smi s s e d or onl y par ti all y approved , the paid amount or p ar t thereof w ill be
refunded to the stated bank account by 28th July 2020. No interest will be paid on the refunded amount

If the Applicant ’s bank account det ail s are not included or invalid bank det ail s are provided on the
Application Form, refund cheques will be posted to the applicant’s address detailed on the Application Form

Direct transfers of refunds or subsequent dividend payments will only be possible if the name of the Applicant
and name of the related bank account are identical

FDH will not be liable for any refunds or payment of subsequent dividends paid into a wrong bank account
provided by the Applicant

Refunds to foreign investors, if applicable will be determined on the basis of the ruling RBM midrate of exchange for
the US$ on the Closing Date of the Offer

Entry of Allocated Shares in Central Securities Depository (‘CSD’) Account

Applicants are encouraged to open a CSD account

Applicants will be required to complete a CSD Securities Account Opening Form (CSD 1 Form) available from any
branch of the Receiving Banks to open a CSD account

Applicants with CSD accounts will receive issued Shares in electronic or book entry form by way of a credit to their CSD
Accounts with the allocated number of Shares

Joint Applicants should have a CSD account in the name of the Joint Applicants

The Sponsoring Broker on behalf of FDH will authorise the CSD to credit the respective CSD accounts with the
number of Shares allocated to each Applicant within the dates set out in the Offer Timetable

Applicable Law
The Offer is governed by the laws of Malawi. Any disputes arising in connection with the Offer shall be
settled by a court of competent jurisdiction in Malawi