After a remarkable 45-year career in the banking sector, marked by visionary leadership, an innovative spirit and an unwavering commitment to sustainability, João Figueiredo will step down as Chairman of the Board of Directors of Moza Banco, S.A. at the Annual General Meeting on April 29, 2025.

As a transformational leader, João Figueiredo has left an indelible mark on Moza Banco. His term as CEO (2016-2021) and subsequent presidency were defined by his strategic vision, courage and passion for empowering communities. Under his guidance, Moza Banco not only withstood the adverse economic climate it faced, but also expanded into new markets, introduced innovative financial products and championed key initiatives to promote gender equality in Mozambique, such as the Moza Women project.

As a firm advocate of environmental sustainability, João Figueiredo also promoted a culture of responsibility, earning the bank several accolades for its commitment to reducing its carbon footprint.

"As João Figueiredo embarks on a new path in his life, a well-deserved retirement, the Moda Banco family expresses its deepest gratitude for his tireless dedication, wisdom and leadership. His legacy will continue to inspire future generations of bankers, entrepreneurs and community leaders. It has been a privilege for Moza Banco to count on João Figueiredo's leadership, and we extend our best wishes for continued success and happiness."

A new Chairman of the Board will be announced shortly.