INFINITY TRUST MORTGAGE BANK : APPOINTMENT OF A DIRECTOR

FOR IMMEDIATE RELEASE

Infinity Trust Mortgage Bank Plc Confirms the Appointment of an Independent Director

Abuja, April 4th, 2023

The Board of Directors of Infinity Trust Mortgage Bank Plc (the Bank) hereby announces the confirmation of Dr. Olufemi Adeoye Fabanwo as an Independent Non-Executive Director of the Bank by the Central Bank of Nigeria on 28th March, 2023.

The appointment is effective 3rd April, 2023 subject to ratification by shareholders at the Bank's next Annual General Meeting (AGM).

Dr. Olufemi Fabamwo is an accomplished banker with an illustrious banking career spanning three and a half decades in the Central Bank of Nigeria (CBN) until 2017. He served in various capacities: Director, Other Financial Institutions Supervision Department between 2010 and 2014, he superintended over the regulation, supervision and reform of Primary Mortgage Banks (PMBs), Finance Companies (FCs), Development Finance Institutions (DFIs), Microfinance Banks (MFBs), and Bureaux de Change (BDCs). He was the Director of currency operation from 2014 to 2017.

Dr. Fabamwo is a fellow of the Chartered Institute of Bankers of Nigeria (FCIB). He graduated from Atlantic International University USA with a Ph.D. in Business Administration.

Infinity Trust Mortgage Bank Plc

Infinity Trust Mortgage Bank PLC, one of the leading and most capitalized Primary Mortgage Banks in Nigeria, has significantly increased its shareholders' funds from less than N50m in 2003, to over N7.1 billion and maintained an unbroken record of consistency in dividend payment to shareholders for fourteen years running. Infinity Trust Mortgage Bank Plc has wholly or partly financed no fewer than 20 modern estates in Abuja, Lagos, Nasarawa and Ogun State respectively, thereby providing decent and affordable accommodation to over 10,000 Nigerian families.

For further information, contact:

Fortune Musa, Head, Corporate Communication and Brand Support, Telephone: [phone]

Email:[e-mail], [e-mail]

Website:http://www.infinitytrustmortgagebank.com

Dated this 4th Day of April, 2023

Signed:

Tolu Osho (Mrs.)

FRC/2017/NBA/00000016418

Company Secretary