Geregu Power PlcNSENG: GEREGU

Appointment of a non-executive director

· Issued by Geregu Power Plc
Lagos, Nigeria 21st November, 2025

APPOINTMENT OF A NON-EXECUTIVE DIRECTOR

The Board of Geregu Power Plc (the Company) hereby notifies Nigerian Exchange Limited (NGX) and the investing public of the appointment of Dr. Abdullahi Abdulkarim Tsafe as a Non-Executive Director, effective 14th November 2025, subject to approval of shareholders in the next general meeting.

Dr. Tsafe is a seasoned executive and public-sector leader with over three decades of multifaceted experience spanning financial services, government administration, corporate leadership, and engineering management. He currently serves as the Managing Director/Chief Executive Officer of Ajap Financial Services Limited, where he oversees strategic operations, regulatory compliance, and investment advisory functions.

He has previously served as the Managing Director/CEO of various companies in the engineering, aluminium, agriculture, and construction sectors. His expertise covers business valuation, investment appraisal, project management, and corporate governance.

Dr. Tsafe holds an MBA and Postgraduate Diploma in Management from Abubakar Tafawa Balewa University, as well as HND and OND qualifications in Mechanical Engineering from the Federal Polytechnic, Kaduna. He is a Member of the Nigerian Society of Engineers and an Associate Member of the National Institute of Marketing of Nigeria.

The Board is pleased to welcome Dr. Tsafe and is confident that his wealth of experience and leadership will add significant value to the Company.

Thank you.

For: Geregu Power Plc

Gbeminiyi Shoda StructureHQ Limited Company Secretary