International Energy Insurance Co. PlcNSENG: INTENEGINS

Lifting of suspension

· Issued by International Energy Insurance Co. Plc


A nörrenberger company International Energy Insurance Plc (RC.6126)

Head Office

9th floor, FF Millennium Tower, 13/14 Ligali Ayorinde Street, Victoria Island, Lagos, Nigeria. Abuja Office

31, Adamu Ciroma Crescent,

Jabi, Abuja.

Port Harcourt Office

10, Evo Road off Olu-Obasanjo way, G.R.A Phase II,

Port Harcourt, Rivers State.

Phone: 02012806990-1

Email: info@ieiplcng.com Website: ieiplcng.com 6 October 2025 PRESS RELEASE NGX LIFTS SUSPENSION ON INTERNATIONAL ENERGY INSURANCE PLC SHARES

International Energy Insurance Plc (IEI or the Company) is pleased to announce to the general public that the Nigerian Exchange Limited (NGX) has officially lifted the suspension on the trading of its shares.

The suspension arose in connection with regulatory compliance relating to the finalisation of the 2024 audited accounts, which has now been concluded and released to the public. We are also pleased to announce that the company has successfully exited the legacy Daewoo loan and is now firmly repositioned for growth.

This development signifies the restoration of normal trading activities for IEI shares and reaffirms our commitment to transparency, compliance, and corporate governance.

The lifting of the suspension marks a new chapter in our journey of recovery and growth. The road ahead includes our strategic recapitalization plans, aimed at strengthening our financial base and enhancing our capacity to serve customers effectively. We remain fully committed to repositioning IEI as a strong, responsible, and customer-focused insurance company. With this step, we are focused on rebuilding investor confidence and delivering long-term value for all stakeholders.

We appreciate the support of our regulators, shareholders, customers, and partners as we continue to strengthen our operations and drive sustainable growth.



DETAIL NOMINEES COMPANY COMPANY SECRETARY



Board Chairman: Alh. Bukar Goni Aji OON, CFR Managing Director: Olasupo Sogelola Board Members: Tony Edeh, Mohammed Mijindadi, Chamberlain S. Peterside Ph.D, Adeyinka Hassan Ph.D, Oluwateniola Eleoramo

International Energy Insurance Plc is authorized, licensed and regulated by the National Insurance Commission (NAICOM) (RIC 020)

Earlier from International Energy Insurance

All International Energy Insurance news releases