Bbeti, === Cheza nasi, Bet nasi INTERNAL MEMO DATE: 27" September 2019 FROM: MANAGING DIRECTOR TO: ALL STAFF ‘SUBJECT: NOTICE OF TERMINATION BY REASON OF REDUNDANCY. This letter serves as a notice of termination by reason of redundancy. This has been occasioned by the fact that we have not been operational since July 2019 a fact we are all aware of. Management has had several extensive meetings with relevant Government entities regarding the company's licence renewal without much success. In view of the above, we have had financial constraints as you might all expect. As a result of the deterioration of the profitability, the management has had to rethink its operational model and to proceed with the exercise of termination on account of redundancy, ‘The management has made several attempis to find an alternative between July 2019 and September 2019, but it has become financially impossible to maintain the entire workforce. We hereby notify you that positions will be rendered redundant on 31 October 2019, This notice is given in accordance with section 40 ofthe Employment Act 2007 and as such the provided fr therein wll apply to all staff affected. Please be informed that ths should not be constued as a reason to stop the normal operations as al staff should continue with normal shifts and timings as scheduled. Further, we shall have consuations with employees in an effort to achieve smooth redundancy process. MANAGING DIRECTOR FOR AND ON BEHALF OF GAMCODE LIMITED T/A BETIN KENYA