Appointment of an excutive director

Lagos, 20 February 2026.

This is to notify Nigerian Exchange Limited (NGX) and the investing public of the appointment and approval of National Insurance Commission (NAICOM) of Mr. Abhinandan Singh as an Executive Director on the Board of Prestige Assurance PLC ("the Company") effective 18 February 2026.

Mr Singh is a versatile insurance professional with extensive experience across Technical Underwriting, Claims Administration, Operations, Accounts, and Energy business, with a strong marketing acumen gained within the New India Assurance Company Limited.

He is a Fellow of the Insurance Institute of India, an accomplished insurer and administrator with a proven track record across diverse functional areas, supported by over fifteen (15) years of industry experience.

The Board is confident that he will bring his wealth of experience to bear in driving the growth and expansion of the business, and that the Company will be further strengthened by his valuable contributions.