NOTICE OF ANNUAL MEETING

Notice is hereby given that the annual meeting of the shareholders of Shumba Energy Ltd (the “Company”) will be held at its registered office, 4th Floor, Ebene Skies, Rue de l’Institut, Ebene 80817, Mauritius on Thursday the 31st of December 2020 at 08:00 hours (Mauritius time) for the purpose of transacting the following businesses and considering and if deemed fit, passing, with or without modification, the following resolutions:

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