Egm resolutions

Lagos, Nigeria,

May 8, 2026

-I NS UR ER

RESOLUTIONS OF MEMBERS OF REGENCY ALLIANCE INSURANCE PLC

At the Extra Ordinary General Meeting (EGM) of the Shareholders (the "Shareholders") of Regency Alliance Insurance Plc (the "Company") duly convened and held on Friday, 8" day of May 2026 at the Rubby Hall, The Zone Business Hub, Plot 9 Gbagada Express Road, Gbagada,

Lagos, Lagos State, Nigeria, the following Resolutions

the Company.

were duly passed by the Shareholders of

1. That pursuant to the provisions of the Companies and Allied Matters Act, 2020, the Investment and Securities Act, Rules and Regulations of the Sec ties and Exchange Commission and the Nigeria Exchange Limited and subject to allregulatory approvals; the time for the offer of dghts issue of the company be and is hereby abridged from twenty - eight days to ten days of such other period as may be approved by the relevant regulatory Authofity.

2. That the Board ofDirectors be andis hereby empowered to delegate any ofits powers in respect of resolution 1 above to any Committee of the Board, Management of Professional advisers as may be deemed apptopxiate.

3. That the Articles of Association of the Company be and ate hereby amended as follows:

   1. Articles 28 to 3t (Transfer and Transmission of Shares) be and ate hereby deleted in their entirety and replaced with the following new Article 28: "28. The shares of the Company shallbe freely transferable in accordance with the Rules of Nigerian Exchange Limited, the Central Securities Clearing System Plc and the provisions of the Companies and Allied Matters Act 2020."

   2. That Article 47 (Notice of General Meetings) be and is hereby amended by deleting the wolds "At least seven days' notice" and substituting therefor the words "At least twenty-one (21) clear days' notice".

   3. That The provisions ielaHng to Directors' decision-making (Directors to Take Decisions Collecdvely and Unanimous Decisions) be and are hereby amended by inserting the following paragraph at the end thereof:

      "All decisions of the Board shall be taken either by a majority resolution passed at a duly convened meeHng of the Bond or by aunanimous tten resolution signed by all the Directors entitled to receive notice of a meeting of the Directors."

      Regency Alliance Insurance Plc.

      Regency Place, 2, Ebun street, Gbagada Expressway, Phase1, Gbagada, Lagos. P.O. BOX 70333, Victoria Island,Lagos, Nigeria.

      Tel: +234(1) 08053499073, 08053499074, 08143233727, 07084077999.

      NIA

      
      
      

      E-mail: info@ regencyaIIiance.com Website: https://www.regencyalIiance.com

      DIP fC7OPS: Mr. Clem Boiye (Chairmen), Gym. Bode Oseni ID(Aclinp), Mr. /viotL Osazaba Aikhionbore (OON), Chief Wofe foiwo (SPN) f4r. Oonald tame s him, Dr. $ommz Oloniyi, Mr Rebirrde O Madman, HRH O6a Or. f.O. Alan, Dr. hrs Comfort One9beze,

      fatre Ariu She be (Execulive), r. lunde Alan (£ xecutive), Mr. Akin Omodele (f xeculive)

      AAhorized and Regulated fry the National Insurance Commission. RU 034

      That the above changes to the Company's Articles of Association be xecotded at the Corporate Affairs Commission, Abuja"

   4. That the Board of Dñectois are hereby authorised to take all and any actions required to give effect to the above special resolutions.

Ann Shobo Company Secrethry