ROYALEX — ROYAL EXCHANGE Disclosures

Lagos, Nigeria, ROYAL EXCHANGE PLC: RESOLUTIONS PASSED AT THE 57TH ANNUAL GENERAL MEETING At the Annual General Meeting of Royal Exchange Plc (Company) duly convened and held on the 30th day of April 2026, at 10:00am via zoom teleconferencing, the following resolutions were proposed and duly passed by members of the Ordinary Business: 1. That the Audited Financial Statements for the year ended December 31, 2025, together with the reports of the Directors, External Auditor, and the Audit Committee submitted to the meeting be and are hereby recei…

• Royal Exchange Plc (ROYALEX) has released its Q1 2026 Earnings Forecast, prepared from unaudited financial statements for the three months ended March 31, 2026. • The forecast projects a Profit After Tax of N365,433,000 for Q1 2026. • Net Earnings are forecasted at N462,309,000, with Total Operating Expenses at N92,747,000. • Key financial figures include Interest Income of N53,496,000, Investment Income of N74,066,000, and Investment in Associate of N334,584,000. • The forecast is based on one-third of the approved full-year 2026 Earnings Forecast remaining after Q1 actuals, with all figures in thousands of Naira. • A key assumption for Investment in Associate income is the projected Q2 2026 share of associate profit, derived from the approved FY2026 forecast allocation spread equally over the remaining three quarters.

FINANCIAL HIGHLIGHTS: • PAT: ₦(33.443) billion (Group) / ₦(35.888) billion (Company) (107% decrease YoY) • EPS: ₦(0.01) (Group) / ₦(0.01) (Company) • Equity: ₦7,073.929 billion (Group) / ₦7,430.821 billion (Company) • Shares: 4,133.349 million KEY NOTES: • The Group's total assets increased to ₦11,923.396 billion in 2026 from ₦9,692.675 billion in 2025. • The Company's total assets increased to ₦10,514.903 billion in 2026 from ₦8,472.897 billion in 2025. • The company has pending litigations at the appeal court and a judgment debt of ₦500m on a security holding trust account.