AFRICA PRUDENTIAL : APPOINTMENT OF INDEPENDENT NON EXECUTIVE DIRECTOR

Africa Prudential Plc

220B, Ikorodu Road, Palmgrove

Lagos - Nigeria.

Tel: [phone] AFRIPRUD (0700 23747783)

E: [e-mail]

LAGOS | ABUJA | PORT HARCOURT

Lagos, Nigeria, May 30, 2024

MARKET ANNOUNCEMENT - APPOINTMENT OF INDEPENDENT NON - EXECUTIVE DIRECTOR

The Board of Africa Prudential Plc (the Company) is pleased to inform the Nigerian Exchange (NGX), its shareholders and stakeholders, that Mrs Christabel Onyejekwe, has been appointed as an Independent Non - Executive Director of the Company with effect from May 24, 2024, subject to the approval of the Securities and Exchange Commission.

The appointment is expected to promote independent voice and bring a high degree of objectivity to the Board for sustaining stakeholder trust and confidence.

Mrs Onyejekwe sits on the Boards of several companies and is a highly respected executive management professional and a proven change and result oriented leader, with over three decades of high - level experience in the financial service industry. She brings to Africa Prudential Plc, vast knowledge and experience in implementing successful strategies for businesses, projects, and product development.

The Board is confident that Mrs Onyejekwe's appointment will further strengthen Africa Prudential Plc's commitment to leadership excellence and sustained business growth.

For: Africa Prudential Plc

Joseph Jibunoh

Company Secretary

RC 649007

DIRECTORS: Eniola Fadayomi (Mrs)(Chairman) | Catherine Nwosu (Managing Director/CEO) | Peter Ashade |

Zubaida Rasheed | Sam Nwanze | Peter Elumelu |

www.africaprudential.com