TOURIST OF NIGERIA : TCN EGM NOTICE (17 MARCH 2023)

6 - 8 Ahmadu Bello Way

Victoria Island Lagos Nigeria

Telephone [phone]

Websites: www.tcn.com.ng

www.suninternational.com

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of The Tourist Company of Nigeria Plc ("general meeting") will be held at the Federal Palace Hotel & Casino, 6 - 8 Ahmadu Bello Way, Victoria Island, Lagos on Friday, March 17, 2023, to consider and if deemed fit, pass with or without modification, the resolutions set out in this notice of general meeting and to transact such other business as may lawfully be dealt with at this general meeting:

AGENDA

SPECIAL BUSINESS

SPECIAL RESOLUTION

1. "That the directors be and are hereby authorized to consider, negotiate, agree and implement all such options for the restructuring of the statement of financial position of the Company, including by way of an asset sale, share sale or such other capital injection that would maximize the interest of all stakeholders inclusive of shareholders, creditor, employees, government, community and others."
2. That the directors be and are hereby authorized to take all such actions and do all such acts, deeds, and things as they deem necessary to give effect to the above resolutions, including executing or authorizing the execution of all relevant documents and appointing any required professional adviser; and that all actions previously taken by the directors in that regard be and are hereby ratified."

Notes:

1. PROXY
   A member of the Company entitled to attend and vote at the general meeting who is unable to attend the general meeting and wishes to be represented at the general meeting is entitled to appoint a proxy to attend, speak and vote in his/her stead. A proxy need not be a member of the Company. A Proxy Form is enclosed herewith, and if it is to be valid for the general meeting, it must be completed and duly stamped by the Commissioner of Stamp Duties and deposited at the registered office of the Registrars, Greenwich Registrars and Data Solutions, 274 Murtala Muhammed Way, Yaba, Lagos not less than 48 hours before the time of the general meeting. The form may also be sent via email to [e-mail].

1. RIGHT OF SHAREHOLDERS TO ASK QUESTIONS
   Shareholders have a right to ask questions not only at the general meeting but also in writing before the general meeting, and such questions must be submitted to the Company Secretary

on or before Friday, March 10, 2023.

The Tourist Company of Nigeria Plc. (trading as Federal Palace Hotel & Casino) Directors: Chief A Idigbe SAN A Bulama TA Ibru U Ibru

AG Johnston* DR Mokhobo* GI Wood* TJD Kliegl* ** (*South African) (** Executive)

Company Registration No.: RC3781; TIN No.: 00275919-0001Company

Secretary: Punuka Nominees Limited

1. CLOSURE OF REGISTER
   The Register of Members and the Transfer Books of the Company will be closed from Tuesday, February 28, 2023, to Monday, March 6, 2023.
   BY ORDER OF THE BOARD
   PUNUKA NOMINEES LIMITED FRC/2022/COY/160581
   For: PUNUKA NOMINEES LIMITED Company Secretary
   Lagos
   February 15 2023