Under the terms of paragraph b) of no. 1 of article 96 of the Securities Market Code , approved by Decree Law no. 4/2009 of 24 July, a public hearing was held on December 8, 2020, at 3:00 pm, at the premises of the Mozambique Stock Exchange, a Special Stock Exchange Session aimed at determining the results of the 1st Reopening Treasury Bonds 2020 - 3rd Series. The following proposals were submitted by the Specialized Treasury Operators, namely:

• 1st Treasury Bonds Reopening 2020 - 3rd Series: Demand was MZN 10,421.00 million, with demand and supply ratio being 281.65% and the respective interest rates were between 8,500% and 14,000%. According to the state's cut rate, the issue amount was 3,700.00 million MZN.

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