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Notification of acquisition of substantial shares in Oando PLC

Lagos, Nigeria – In accordance with Rule 17:13 (a) of the Nigerian Exchange Limited Issuers’ Rules, we hereby announce the acquisition of Alhaji Dahiru Mangal’s interest of 1,968,452,614, shares in Oando PLC by Leaf Investment & Realtors Limited.

Based on the above, by Leaf Investment & Realtors Limited now holds 15.83% of Oando PLC.

Ends.

For further information, please contact:

Ayotola Jagun

Company Secretary

The Wings Office Complex

17a Ozumba Mbadiwe Avenue

Victoria Island,

Lagos, Nigeria.

Tel: +234 (1) 270400, Ext 6159

ajagun@oandoplc.com

Alero Balogun

Head, Corporate Communications

The Wings Office Complex

17a Ozumba Mbadiwe Avenue

Victoria Island,

Lagos, Nigeria.

Tel: +234 (1) 270400, ext. 6761

albalogun@oandoplc.com

For: Oando PLC

Ayotola Jagun

Chief Compliance Officer & Company Secretary

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