APPOINTMENT OF PETER NALITOLELA AS CEO OF DAR ES SALAAM STOCK EXCHANGE

This is to inform the public that The Board of Directors of Dar es Salaam Stock Exchange PLC (DSE) during its 30th Extra Ordinary Meeting held on 24th June 2024 approved the appointment of Mr. Peter Situmbeko Nalitolela as Chief Executive Officer of DSE effective 1st August 2024.

Mr. Nalitolela brings a wealth of experience and expertise garnered from large public and private sector organisations, most recently serving as Director and Head of Treasury & Financial Markets at National Bank of Commerce (NBC). He has financial markets experience with good exposure to other major sectors of the economy. He also has international exposure with good knowledge on how global markets work and he has engaged in primary and secondary markets. His personality is endowed with leadership skills embedded in humility and mindfulness. With this background, he is poised to drive growth and innovation at DSE.

The Board of Directors of DSE are confident that the appointment of Mr. Nalitolela will strengthen DSE's ability towards achieving key strategic objectives as well as creating enduring value for all shareholders.

On behalf of the Board of Directors, I extend heartfelt congratulations to Mr. Nalitolela on his appointment.

Ellinami Minja,

Chairman,

DSE Board of Directors.