AGM

NOTICE OF VIRTUAL ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 4th Annual General Meeting (AGM) of the Shareholders of CDH Balanced Fund Limited (the Company) will be held VIRTUALLY and streamed live via Zoom (Meeting ID: 702 524 3070, Passcode: G6J82D) from the Head Office of CDH Balanced Fund Ltd on Thursday, November 5, 2020 - at 11:00 a.m. for the transaction of the following business:

AGENDA

ORDINARY BUSINESS

1. To receive and adopt the Financial Statements of the Company (together with the reports of the Directors and the Auditors of the Company) for the year ended December 31, 2018

2. To receive and adopt the Financial Statements of the Company (together with the reports of the Directors and the Auditors of the Company) for the year ended December 31, 2019

3. To receive the Fund Manager’s Report

4. To receive the Auditor’s Report

5. To receive the Custodian’s Report

SPECIAL RESOLUTIONS

1. To appoint and ratify additional Directors.

2. To change the name of the Company from CDH Balanced Fund Ltd to CDH Balanced Fund Public Limited Company (PLC) in compliance with Section 21(1) (b) of the Companies Act, 2019 (Act 992).

3. To authorize the Company to effect all the changes in the Company’s Regulations to make it compliant with the new Companies Act, 2019 (Act 992).

4. To amend the Company’s Regulations/Constitution to accommodate the holding of Annual General Meetings by electronic or virtual means where the Directors deem it necessary to do so.

5. To ratify the appointment of Linx Capital Ltd as the new Fund Manager of the Fund pursuant to Section 88(1) of the Securities Industry Law, 2016 (Act 929).

A Member of the company is entitled to attend and vote at the above meeting or appoint a Proxy to attend and vote on his/her behalf. A Proxy need not be a Member of the Company.

A Proxy Form is attached herewith to enable you exercise your vote if you cannot attend the meeting. The completed Proxy Form should be deposited at the Registered Office of CDH Balanced Fund Ltd at CDH House, No. 36 Independence Avenue, North Ridge, Accra, or via email to info@cdhgroup.co/office but not later than 48 hours before the commencement of the meeting. Failure to submit the Forms before the 48-hour deadline will result in the Proxy not being admitted to or not participating in the meeting. A Proxy Form is enclosed herewith. All relevant documents in connection with the meting are available to Shareholders from the dateof this notice on the Company’s website and at the Company’s Registered Office aforesaid.

Dated this 12th day of October, 2020

BY ORDER OF THE BOARD

COMPANY SECRETARY