SUMMARY

NOTICE

The matter to be published in the "Boletim da República" must be submitted as a duly authenticated copy, one for each subject matter, containing the following endorsement, signed and authenticated: For publication in the "Boletim da República".

NATIONAL PRESS OF MOZAMBIQUE, E.P.

Council of Ministers: Decree No. 41/2024: Approves the minimum purchase prices to producers of cottonseed based on the price calculation formula and the ginning rate for cottonseed, effective for the 2023/2024 agricultural campaign.

Bank of Mozambique: Notice No. 8/GBM/2024: Establishes the issuance of banknotes and metallic coins of the Metical “Series 2024” and defines their respective characteristics.

Friday, June 14, 2024 | SERIES I — Number 116

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COUNCIL OF MINISTERS

Decree No. 41/2024

of June 14

Given the need to set minimum purchase prices to producers for cottonseed, define the ginning rate for cottonseed, and apply a subsidy to the minimum purchase price for cottonseed, effective for the 2023/2024 Agricultural Campaign, under Article 27(2) of the Cotton Cultivation Regulations approved by Decree No. 37/2015, of December 31, the Council of Ministers decrees:

Article 1. The following minimum purchase prices to producers for cottonseed are approved, based on the price calculation formula and ginning rate effective for the 2023/2024 agricultural campaign: a) first-quality cottonseed: 25.00 MT/Kg (twenty-five meticais per kilogram); b) second-quality cottonseed: 17.50 MT/Kg (seventeen meticais and fifty centavos per kilogram); and c) ginning rate for cottonseed: 7.00 MT/Kg (seven meticais per kilogram).

Article 2. A subsidy to the minimum purchase price for cottonseed producers is also approved, as follows: a) 5 MT (five meticais) per kilogram of first-quality cottonseed, increasing the minimum price from 25 MT/Kg to 30 MT/Kg; and b) 4.50 MT (four meticais and fifty centavos) per kilogram of second-quality cottonseed, increasing the minimum price from 17.50 MT/Kg to 22 MT/Kg.

Article 3. The subsidy amounts referred to in the preceding article are intended to subsidize cottonseed prices during the 2023/2024 campaign, under the Cottonseed Price Stabilization Mechanism created by Decree No. 25/2022, of June 3.

Article 4. This Decree enters into force on the date of its publication.

Approved by the Council of Ministers, on May 28, 2024. Published. The Prime Minister, Adriano Afonso Maleiane.

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BANK OF MOZAMBIQUE

Notice No. 8/GBM/2024

of June 14

Given the need to continue supplying the national economy with high-quality Metical banknotes and metallic coins, updated with technological advancements through the introduction of Series 2024, using the powers conferred upon me by Article 1(1) of Law No. 1/91, of January 9, combined with Article 7(4) and Articles 47(f) and (g)(1) of Law No. 1/92, of January 3, I determine:

CHAPTER I

General Provision

ARTICLE 1 (Object) This Notice establishes the issuance of banknotes and metallic coins of the Metical “Series 2024” and defines their respective characteristics.

CHAPTER II

Issuance and Characteristics of Polymer Substrate Metical Banknotes

ARTICLE 2 (Issuance of polymer substrate Metical banknotes) The following face values of Metical banknotes on polymer substrate are issued: a) Twenty meticais...........................................20 meticais; b) Fifty meticais..........................................50 meticais; and c) One hundred meticais ............................................ 100 meticais.

1828 | SERIES I — NUMBER 116 Specimen

ARTICLE 3 (Common characteristics of polymer banknotes)

1. On the obverse, polymer substrate banknotes have the following main common characteristics: a) Text: “BANK OF MOZAMBIQUE”; b) Bank of Mozambique logo; c) Portrait of the first President of Mozambique, Samora Moisés Machel; d) Face value in words, at the bottom left; e) Face value in figures, at the bottom left and top right corners; f) Issue date: “16 DE JUNHO DE 2024”; g) Signature, by stamp, of the Governor of the Bank of Mozambique; h) Series designation and numbering horizontally on the left and vertically on the right, respectively; i) Text: “SAMORA MOISÉS MACHEL, First President of Mozambique”, at the bottom left of the portrait; j) Shaded image of the first President, Samora Moisés Machel, visible when held against light; k) Transparent window, featuring a feather with a golden background and a straw basket in vertical position; and l) Theme of the notes: History of Mozambique.
2. On the reverse, polymer substrate banknotes have the following main common characteristics: a) Text: “BANK OF MOZAMBIQUE”; b) Face value in words, placed horizontally at the bottom left and vertically on the right side; c) Face value in figures, at the top left corner and bottom right; d) Text: “COUNTERFEITING OF CURRENCY IS PUNISHED IN ACCORDANCE WITH THE LAW”, inserted vertically on the right side; e) Iridescent band, containing the Bank of Mozambique logo and face value, on the left side; f) Denomination identification element for visually impaired persons, on the right side; g) Rock painting images, at the bottom left and right corners; h) Map of Mozambique, on the right side; and i) Representation of a note theme, depending on the denomination.

ARTICLE 4 (Specific characteristics of each polymer banknote)

1. The 20 meticais note has the following main specific characteristics: a) Dimensions: 141 x 65 millimeters; b) Predominant color: violet with varied shades; and c) Note theme - Geography of Mozambique: Chimanimani Range - Binga.
2. The 50 meticais note has the following main specific characteristics: a) Dimensions: 144 x 65 millimeters; b) Predominant color: ochre orange with varied shades; and c) Note theme - Wildlife: impalas.
3. The 100 meticais note has the following main specific characteristics: a) Dimensions: 147 x 65 millimeters; b) Predominant color: red with varied shades; and c) Note theme - Real economy: straw basket with fruits.

CHAPTER III

Issuance and Characteristics of Paper Substrate Metical Banknotes

ARTICLE 5 (Issuance of paper substrate Metical banknotes) The following face values of Metical banknotes on paper substrate are issued: a) Two hundred meticais....................................200 meticais; b) Five hundred meticais ................................500 meticais; and c) One thousand meticais.............................................1000 meticais.

ARTICLE 6 (Common characteristics of paper banknotes)

1. On the obverse, paper substrate banknotes have the following main common characteristics: a) Text: “BANK OF MOZAMBIQUE”; b) Bank of Mozambique logo; c) Portrait of the first President of Mozambique, Samora Moisés Machel; d) Face value in words, at the bottom left; e) Face value in figures, at the bottom left and top right corners; f) Issue date: “16 DE JUNHO DE 2024”; g) Signature, by stamp, of the Governor of the Bank of Mozambique; h) Series designation and numbering horizontally on the left and vertically on the right, respectively; i) Text: “SAMORA MOISÉS MACHEL, First President of Mozambique”, at the bottom left of the portrait; j) Watermark consisting of the image of the first President, Samora Moisés Machel, visible when held against light; k) Denomination identification elements for visually impaired persons, on the left and right sides; l) Security thread, incorporated vertically, featuring the Bank of Mozambique logo and face value;

14 DE JUNHO DE 2024 | 1829 Specimen m) Latent image “BM” at the bottom right corner of the first President’s portrait; and n) Theme of the notes: History of Mozambique. 2. On the reverse, paper substrate banknotes have the following main common characteristics: a) Text: “BANK OF MOZAMBIQUE”; b) Face value in words, placed horizontally at the bottom left and vertically on the right side; c) Face value in figures, at the top left corner and bottom right; d) Text: “COUNTERFEITING OF CURRENCY IS PUNISHED IN ACCORDANCE WITH THE LAW”, inserted vertically on the right side; e) Golden iridescent band, containing the Bank of Mozambique logo and face value, on the left side; f) Rock painting images, at the bottom left and right corners; g) Bird feather symbolizing the origin of the Metical, on the right side; h) Map of Mozambique, on the right side; and i) Representation of a note theme, depending on the denomination.

ARTICLE 7 (Specific characteristics of each paper banknote)

1. The 200 meticais note has the following main specific characteristics: a) Dimensions: 150 x 65 millimeters; b) Predominant color: blue with varied shades; c) Optically variable ink element, incorporating a dynamic lion image, on the left side; and d) Note theme - Wildlife: lions.
2. The 500 meticais note has the following main specific characteristics: a) Dimensions: 153 x 65 millimeters; b) Predominant color: magenta with varied shades; c) Optically variable ink element, incorporating a dynamic sailing boat image, on the left side; and d) Note theme - Sea: fisherman in a sailing boat.
3. The 1000 meticais note has the following main specific characteristics: a) Dimensions: 156 x 65 millimeters; b) Predominant color: green with varied shades; c) Optically variable ink element, incorporating a dynamic elephant image, on the left side; and d) Theme - Wildlife: elephants.

CHAPTER IV

Issuance and Characteristics of Metallic Coins

ARTICLE 8 (Issuance of metallic coins) The following face values of Metical metallic coins are issued: a) One centavo................................................ 1 centavo; b) Ten centavos.............................................. 10 centavos; c) Fifty centavos.................................... 50 centavos; d) One metical ................................................ 1 metical; e) Two meticais ............................................. 2 meticais; f) Five meticais............................................ 5 meticais; and g) Ten meticais .............................................. 10 meticais.

ARTICLE 9 (Common characteristics of metallic coins)

1. On the obverse, Metical metallic coins have the following main common characteristics: a) Off-center figure value; b) Representation of a theme, depending on the denomination; and c) Coin designation: Metical, Meticais, Centavo, and Centavos, depending on the face value.
2. On the reverse, Metical metallic coins have the following main common characteristics: a) Bank of Mozambique logo; b) Words “BANK OF MOZAMBIQUE”, in circular form; and c) Year of issue, below the logo.
3. The coins are circular in shape, except for the 1 metical coin which is heptagonal.

ARTICLE 10 (Specific characteristics of each metallic coin)

1. The 1 centavo metallic coin has the following main specific characteristics: a) Coin theme: History of the Metical; b) Obverse figure: bird feather; c) Weight: 2 grams; d) Diameter: 17 millimeters; e) Edge: reeded; and f) Composition: copper-clad steel.
2. The 10 centavos metallic coin has the following main specific characteristics: a) Coin theme: fishing; b) Obverse figure: fisherman in a canoe; c) Weight: 3.06 grams; d) Diameter: 20 millimeters; e) Edge: reeded; and f) Composition: brass-clad steel.
3. The 50 centavos metallic coin has the following main specific characteristics: a) Coin theme: agriculture; b) Obverse figure: coconut trees; c) Weight: 3.60 grams; d) Diameter: 21 millimeters; e) Edge: reeded; and f) Composition: nickel-clad steel.
4. The 1 metical metallic coin has the following main specific characteristics: a) Coin theme: education; b) Obverse figure: woman sitting on a bench writing;

1830 | SERIES I — NUMBER 116 Specimen c) Weight: 5.30 grams; d) Diameter: 21 millimeters; e) Edge: smooth; and f) Composition: nickel-clad steel. 5. The 2 meticais metallic coin has the following main specific characteristics: a) Coin theme: marine resources; b) Obverse figure: shrimp; c) Weight: 6 grams; d) Diameter: 24 millimeters; e) Edge: alternating reeded; f) Composition: nickel-clad steel; and g) Latent image, with dynamic effect: “BM” and “2”. 6. The 5 meticais metallic coin has the following main specific characteristics: a) Coin theme: culture; b) Obverse figure: man playing timbila; c) Weight: 6.50 grams; d) Diameter: 27 millimeters; e) Edge: reeded; f) Composition: nickel-clad steel; and g) Latent image, with dynamic effect: “BM” and “5”. 7. The 10 meticais metallic coin has the following main specific characteristics: a) Coin theme: public building; b) Obverse figure: Bank of Mozambique headquarters building; c) Weight: 7.50 grams; d) Diameter: 25 millimeters; e) Edge: reeded; f) Composition: bimetallic; g) Inner alloy: nickel-clad steel; h) Outer alloy: nickel-plated brass; and i) Latent image, with dynamic effect: “BM” and “10”.

CHAPTER V

Final Provisions

ARTICLE 11 (Issue date and circulation entry) The “Series 2024” Metical banknotes and metallic coins are issued and enter circulation on June 16, 2024.

ARTICLE 12 (Simultaneous circulation) The Metical banknotes and metallic coins in circulation on the date this Notice enters into force continue to have mandatory legal tender status and unlimited full liberatory value within the national territory.

ARTICLE 13 (Entry into force) This Notice enters into force on June 16, 2024.

ARTICLE 14 (Clarification of doubts) Doubts arising from the interpretation and application of this Notice must be submitted to the Issuance and Treasury Department of the Bank of Mozambique.

Bank of Mozambique, in Maputo, June 4, 2024. — The Governor, Rogério Lucas Zandamela. Price — 20.00MT NATIONAL PRESS OF MOZAMBIQUE, E.P.