Lagos, Nigeria: 19 March 2024

PZ Cussons Nigeria Plc - Announcement regarding the Securities and Exchange Commission Response to PZ Cussons (Holdings) Limited's offer to acquire shares held by other shareholders of PZ Cussons Nigeria

PZ Cussons Nigeria Plc ("PZCN" or the "Company") hereby notifies the Nigerian Exchange Limited ("NGX") and the investing public that the Securities and Exchange Commission ("SEC") has declined the Company's request for its No Objection to PZ Cussons (Holdings) Limited's ("the majority shareholder") intention to acquire the shares held by all the other shareholders of PZCN at an offer price of ₦23 per share (the "Proposed Transaction").

The Board will communicate further developments to shareholders in due course.

Thank you.

For and on behalf of PZ Cussons Nigeria Plc

OLUBUKOLA OLONADE-AGAGA

Company Secretary

DIRECTORS: Ifueko M. Omoigui Okauru MFR (Chairperson), Dimitris Kostianis (CEO) (Greek), Joyce Coker, Ballama Manu, Oluwatoyin Odutayo, Kevin Massie (Canadian), Suleyman Ndanusa, OON.

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PZ Cussons Nigeria plc published this content on 19 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2024 23:03:03 UTC.