Oando PLC Announces the Appointment of Director Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 (“the Company”) Oando PLC Announces the Appointment of Director Oando PLC hereby notifies the shareholders and other stakeholders of the appointment of Mr. Muntari Muhammed Zubairu as Group Chief Corporate Services and Operations Officer. In accordance with Article 88 of the Company’s articles of association, the Board of Directors has also appointed Mr. Muntari Muhammad Zubairu as an Executive Director of the Company effective February 5, 2018. Mr. Muntari Muhammad Zubairu Mr. Zubairu is a highly respected leader with 26 years progressive experience in the financial services industry. His experience and achievements cover key aspects of Banking, including International Banking, Treasury Operations, Retail, Corporate and Commercial Banking. He was until recently, a Deputy General Manager and Group Head Commercial Banking North, at Access Bank Plc. In that role, he used his experience and vast network to drive the bank’s strategy and growth in the North. Prior to working with Access Bank, Mr. Zubairu worked at various times as Group Head Retail Banking and Public Sector at First Bank (2010-2017), Group Head Commercial Banking and Divisional Head Public Sector at Diamond Bank (1998-2010), and at FSB International Bank (1995-1998) and Citibank Nigeria (1992-1995) amongst other leadership roles. Mr. Zubairu holds an MSc in Project Management from the University of Salford, an MBA from the University of Abuja and a B.Engr. Electrical Engineering from Ahmadu Bello University Zaria. He is also a member of Chartered Institute of Bankers of Nigeria, Nigerian Society of Engineers and Council for the Regulation of Engineering in Nigeria. He has also attended several Executive Management Programmes in the leading institutions including Harvard Business School, Insead Business School, Massachusetts Institute of Technology and Lagos Business School. For: Oando PLC Ayotola Jagun Chief Compliance Officer & Company Secretary The Wings Office Complex, 17a, Ozumba Mbadiwe Street, Victoria Island Lagos, Nigeria Lagos, Nigeria February 1, 2018 Sponsor: Sasfin Capital (a member of the Sasfin group) Date: 01/02/2018 11:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.