Currency Exchange Rate for 2023 Dividends

ANNOUNCEMENT OF CURRENCY EXCHANGE RATES FOR 2023 FINAL AND SPECIAL DIVIDEND

Lagos and London, 26^th April 2024:  Seplat Energy PLC ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today confirms that the below currency exchange rate is applicable in determining both the final and special dividend for 2023 to shareholders that will receive the dividend payment in Naira (NGN):

The exchange rate for the Naira amounts payable is the NAFEM closing rate for April 25, 2024.

Exchange Rate

1 USD = 1,309.88 NGN

Shareholders should refer to the Company's announcement on February 29, 2024 for definition of default currency on the company website at https://www.seplatenergy.com/investors/information-for-shareholders/.

Dated April 26, 2024

        Signed:

Emeka Onwuka

        Chief Financial Officer