Agm notice and proxy form

Notice is hereby given that the Annual General Meeting ("AGM or the Meeting") of Nascon Allied Industries Plc. ("the Company") for the year ended 31 December 2025 will hold virtually on Monday, 27 April 2026, at 12.00 p.m. to transact the following businesses:

1. To lay before the Meeting, the Audited Financial Statements for the year ended 31 December 2025, as well as the Reports of the Directors, the Auditors and the Statutory Audit Committee.

2. To declare a dividend.

3. To ratify the appointments of Mrs. Ifeyinwa Ighodalo, Mr. Mahmud Tukur and Mrs. Tonya Lawani, who were appointed as directors after the last Annual General Meeting.

4. To re-elect Mr. Olakunle Alake, Mrs. Fatima Wali-Abdurrahman and Mr. Abdu Dantata who are retiring by rotation and have offered themselves for re-election.

5. To authorise the Directors to fix the remuneration of the Auditors.

6. To disclose the remuneration of managers.

7. To elect shareholders' representatives on the Statutory Audit Committee.

   Special Business

8. To fix the remuneration of the Non-Executive Directors.

9. To grant the Company a general mandate in compliance with the rules of Nigerian Exchange Limited, to procure goods, services and financing, and enter into such transactions necessary for its day-to-day operations with related parties or interested persons on normal commercial terms.

   NOTES:
   1. Proxies: A proxy form is included in the Annual Report and available on the Company's website. A member entitled to attend and vote at the AGM is entitled to appoint a proxy or proxies, to attend and vote instead of him, and that a proxy need not be a member. All instruments of proxy must be stamped and deposited at the office of the Registrars, Meristem Registrars and Probate Services Limited, 213 Herbert Macaulay Way, Lagos, not later than twenty-four (24) hours before the time scheduled for holding the Meeting.
   2. Closure of Register of Members: The Register of Members and Transfer Books will be closed on Thursday 2 April 2026 to enable the Registrar to update its records.
   3. Dividend: If the shareholders approve the dividend recommended by the Directors at the Annual General Meeting, dividend will be paid on 28 April 2026 to shareholders whose names appear in the Register of Members at the close of business on Wednesday 1 April 2026.
   4. E-Dividend Registration: Notice is hereby given to all shareholders to open bank accounts, stockbroking accounts, and CSCS accounts to receive dividend payments electronically. A list of unclaimed dividends is available via the Registrars. Shareholders with unclaimed share certificates or dividends should:

      • Complete the shareholder e-mandate form in the Annual Report or at https://meristemwealth.com/mandate-form; or

      • Address their claims to the Registrars, at Meristem Registrars and Probate Services Limited, 213, Herbert Macaulay Way, Yaba Lagos, or contact@meristemng.com.

   5. Nomination to the Statutory Audit Committee: In accordance with the Companies and Allied Matters Act 2020, a shareholder may nominate another shareholder for appointment as a member of the Statutory Audit Committee by giving notice in writing to the Company Secretary at least twenty-one (21) days before the Annual General Meeting.
   6. Rights of Securities Holders to Ask Questions: Securities holders can ask questions at the Annual General Meeting and in writing before the Meeting. Questions may be submitted to the Company Secretary at the Company's office up to one (1) week before the Annual General Meeting.

   7. Electronic Annual Report: The electronic version of the Annual Report will be available online on the Company's website - https://nascon.dangote.com.

      .Shareholders who have provided their email addresses to the Registrars will receive the electronic version of the Annual Report via email.

   8. Live Streaming: The Annual General Meeting will be streamed live from the Company's YouTube channel (https://www.youtube.com/dangotegroup). Shareholders who have provided their email addresses to the Registrars will receive the link for participation via email.

   9. Voting by Interested Persons: In line with the Rules Governing Related Party Transaction of Nigerian Exchange Limited, interested persons have undertaken to ensure that their proxies, representatives, or associates shall abstain from voting on the general mandate stated on resolution 9 above.

Company Secretary FRC/2013/NBA/00000000856

Nascon Allied Industries Plc Dated 23 February 2026

The Annual General Meeting ("AGM") of Nascon Allied Industries Plc. ("the Company") for the year ended 31 December 2025 will hold on Monday, 27 April 2026, virtually at

12.00 p.m.

I/we Being a shareholder of the Company hereby appoint

Or failing him/her, the Chairman of the meeting as my/our proxy to act and vote for me/us on my/our behalf at the Annual General Meeting to be held on Monday, 27 April 2026, and at any adjournment.

Shareholder's signature: Date: I desire this proxy to be used in favour of, or against the resolution as indicated alongside:

1. A shareholder entitled to attend and vote at the Annual General Meeting is entitled to appoint a proxy/proxies in his stead, to attend and vote instead of him, and such proxy/proxies need not be a shareholder of the company.

2. In the case of joint shareholders, any of them may complete the form, but the names of all joint shareholders must be stated.

3. If the shareholder is a corporation, this form must be executed under its common seal or by a duly authorized officer.

4. All duly completed and stamped proxy forms should be deposited at the office of the Registrar not later than 48 hours before the meeting.

5. In order to be valid, the proxy forms must bear the appropriate stamp duty from the Stamp Duties Office (not adhesive postage stamps).