Particulars of Shareholding

Particulars of Shareholding

Membership Associations

The Group and the Bank are also members of the following network associations and forums:

1. Association of Microfinance Institutions (AMFI);
2. Kenya Bankers Association (KBA);
3. Women’s World Banking (WWB);
4. Global Network for Banking Innovation (GNBI);
5. Small Business Banking Network (SBBillion);
6. Micro Finance Network (MFN);
7. Global Agenda Council on Emerging Multinationals 2010;
8. World Economic Forum;
9. Clinton Global Initiative;
10. African Leadership Network (ALN);
11. UN Economic and Social Council;
12. G8 New Alliance for Food Security & Nutrition;
13. Global Agenda Council on New Models of Economic
14. Aspen Network of Development Entrepreneurs (ANDE);
15. Invest in Africa (IIA);
16. Kenya Healthcare Federation; and
17. East Africa Humanitarian Private Partnership
    Platform.

Particulars of Shareholding

The Group and the Equity Bank complies with the provisions of the Capital Markets Act and all the Rules, Regulations and Guidelines made there under. Monthly reports are made to the Capital Markets Authority (CMA) and the Nairobi Securities Exchange (NSE) on the particulars of the shareholders as required by the law.

By virtue of his units in the Employee Share Ownership Plan (ESOP), Dr. James Mwangi’s total direct and indirect shareholding is 3.39%.

The largest shareholders of Equity Group Plc

ARISE B.V

ARISE is a leading African investment company that partners with sustainable, locally-owned Financial Services Providers (FSPs) in Sub Saharan Africa. The company was founded by three cornerstone investors namely Rabobank, Norfund and FMO and manages assets in excess of USD 660 Million and is operational in over 10 countries. Their vision is to contribute to the economic growth in Africa and the prosperity of its people by increasing financial inclusion and employment, strengthening rural development and reducing poverty alleviation. ARISE takes and manage minority stakes in SubSaharan African FSPs with the core aim of building strong and stable institutions that will serve retail, Small and Medium Enterprises (SMEs), the rural sector and clients who have not previously had access to financial services. The Company supports the growth and development of FSPs through providing among others technical assistance and management services in the field of governance, management, marketing, innovation, compliance and risk management. ARISE aims to increase the availability of financial services to SMES and will provide a platform for people in Sub Saharan Africa to empower themselves by opening bank accounts and taking loans; in turn building a better life for their families. ARISE has taken over the stake currently owned by NorfinInvest AS under an investment restructuring arrangement approved by the regulator.

Rabobank

Rabobank is a Dutch cooperative bank that was founded by farmers in the late 19th century. In the Netherlands, Rabobank is an all-finance bank with a strong local presence, providing a variety of products and services to individuals and companies. Rabobank serves 7.4 Million clients in the Netherlands and has 506 branches. Internationally, Rabobank has the ambition to be the leading global F&A bank with a presence in over 40 countries serving over 8.6 Million clients.

Norfund

Norfund, the Norwegian Investment Fund for Developing Countries, was established by the Norwegian Parliament in 1997. Norfund’s objective is to contribute to reducing global poverty through contributing to the growth of sustainable commercial enterprises in developing countries. It offers equity, venture capital and other loans to companies in selected countries and business areas where the private sector lacks sufficient capital to grow and develop viable businesses.

FMO

FMO is the Dutch development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 45-year proven track-record of empowering people to employ their skills and improve their quality of life.

International Finance Corporation (IFC)

IFC is the largest global development institution focused on the private sector in developing countries.

IFC, a member of the World Bank Group, advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries. IFC applies its financial resources, technical expertise, global experience, and innovative thinking to help its partners overcome financial, operational, and other challenges.

IFC achieves this by investing in impactful projects, mobilizing other investors, and sharing expertise. In doing so, IFC creates jobs and raises living standards, especially for the poor and vulnerable. IFC’s work supports the World Bank Group’s twin goals of ending extreme poverty and boosting shared prosperity.