OANDO — OANDO Disclosures

• Oando Plc announced an update on its proposed Rights Issue and the freezing of registers between exchanges. • The Company submitted an application to the Nigerian Exchange Limited (NGX) on February 13, 2026, for the approval and listing of a Rights Issue of 4,415,867,342 ordinary shares at N50.00 per share. • The Rights Issue is on the basis of 1 new ordinary share for every 2 existing ordinary shares held. • The qualification date for participation in the Rights Issue for NGX shareholders is February 13, 2026. The JSE Record Date will be announced later. • Shareholders are restricted from transferring shares between the Nigerian Share Register and the South African Share Register with immediate effect until the JSE Record Date is announced. • The Company is still awaiting various regulatory approvals from the Nigerian Securities and Exchange Commission, NGX, and JSE Limited.