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For details of the current shareholders please see Membership 4. What is the share capital structure of the Company?

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For details of the current shareholders please see Membership 4. What is the share capital structure of the Company?

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• The authorised capital stock of the Company is One Hundred Million Dollars ($100,000,000), which is divided into 100,000,000 shares of par value US$1. • The value of one ZEP-RE share is One Thousand Three Hundred and Sixty Four Dollars ($1,364). • The minimum shareholding allowed by any member is 38,200 shares while the maximum shareholding of 15% of the total paid up capital.

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