Nig plc- nigeria plc - outcome of the 2025 annual general meeting

Lagos, 16 April 2026

Guinness Nigeria Plc (the "Company") hereby notifies Nigerian Exchange Limited ("NGX") and the investing public that the 75th Annual General Meeting of the Company was held on the 15th day of April 2026, at the Grand Banquet Hall, Civic Centre, Ozumba Mbadiwe Road, Victoria Island, Lagos, where the following resolutions were considered by the Members, and duly passed:

1. That the Audited Financial Statements for the year ended 31st December 2025, the Report of the Directors, the Independent Auditors Report, and the Statutory Audit Committee's Report thereon, were laid before the meeting and were duly received.

2. That the appointment of the following persons as Directors of the Company was approved:

   1. Mr. Mayank Kabra.

   2. Mrs. Olusola Oworu.

   3. Mrs. Bola Adesola.

3. That the re-election of the following Directors of the Company, was approved:

   1. Mrs. Vivien Shobo.

   2. Mr. John Musunga.

   3. Mr. Deepak Singhal.

4. That the disclosure of the remuneration of the Managers of the Company, pursuant to the Companies and Allied Matters Act (CAMA) 2020, was noted by the Members.

5. That the appointment of Ernst & Young as the Independent External Auditors for the Company with effect from 1 January 2026 (i.e. Financial Year 2026) was approved, and that the Directors were authorized to fix the remuneration of the Independent External Auditors for the Financial Year 2026.

6. That the following persons were re-elected as members of the Statutory Audit Committee:

   1. Mr. Moses Igbrude.

   2. Mr. George Ibhade.

   3. Mrs. Joy Onome Adewuyi.

      And that the following Non-Executive Directors were appointed to represent the Board on the Committee:

      1. Mrs. Olusola Oworu.

      2. Mrs. Vivien Shobo.

7. That the remuneration of the Non-Executive Directors was fixed at N180,000,000.00 (One Hundred and Eighty Million Naira only) for the financial year ending 31 December 2026.

8. That the General Mandate in respect of recurrent transactions of a revenue or trading nature with related parties of the Company is renewed for the 2026 Financial Year.

Company Secretary