Clarification on recent share transaction

Lagos, 18 May 2026

Zichis Agro Allied Industries Plc ("the Company") has noted recent market conversations and social media commentary regarding a recent insider share transaction involving the Managing Director/Chief Executive Officer.

The Company wishes to state that the referenced transaction was carried out within applicable regulatory provisions governing insider dealings and should not be interpreted as a reflection of the Company's operational performance, financial position, or future growth prospects.

As a publicly listed company, share transactions involving insiders and shareholders may occur periodically in compliance with applicable regulatory provisions and disclosure requirements. Such transactions should not be interpreted in isolation from the Company's overall operational performance, strategic direction, and long-term business objectives.

Zichis Agro Allied Industries Plc continues to maintain a positive operational outlook, supported by ongoing expansion initiatives across its poultry, feed milling, aquaculture, and palm oil operations. The Company also remains focused on strengthening operational efficiency, sustainable growth, and long-term value creation for shareholders.

Management remains fully committed to transparency, regulatory compliance, corporate governance, and the continued growth and stability of the Company.

The Company encourages shareholders, stakeholders, and the investing public to rely on verified information from official Company communication channels and recognized regulatory disclosures when making assessments about the Company.

Chief Barr. Solomon Itsede Company Secretary