Lagos, 23 February 2026
ACQUISITION OF 2000 ACRES OF LAND WITHIN OGUN STATE, NIGERIA.
As part of Zichis Agro Allied Industries PLC's (the Company) medium to long term growth plan strategy to lead in the oil palm plantation industry and processing along its value chain, the Board of Directors of (the Company) hereby notify the Nigerian Exchange Limited (NGX), its shareholders and the general public that (the Company) has signed Land Purchase agreements to acquire 2,000 Acres of land with the communities of Ajebo and Ogbere in Ogun State.
The Company also plans to inter-crop maize and cassava with Palm seedlings in the short to medium term to contribute to food security in the nation and harness backward integration synergy.
By Order of the Board
Solomon Itsede Esq
(Company Secretary)