Late Announcement: Share Distribution Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") October 17, 2025 LATE ANNOUNCEMENT: SHARE DISTRIBUTION Shareholders are referred to the announcements published on 5 February 2025 and 15 August 2025 in respect of the Tranche 1 and Tranche 2 distributions of existing shares to shareholders. The dates below applied in South Africa, in respect of the distributions: Last Day to Trade Ex date Record Date Tranche 1 11 February 2025 12 February 2025 14 February 2025 Tranche 2 25 June 2025 26 June 2025 30 June 2025 The Tranche 1 distribution has been concluded on the basis of one (1) new ordinary share of 50 kobo each for every twelve (12) existing ordinary shares of 50 kobo each held by members as at the Tranche 1 Record Date. A further announcement will be published in respect of the ratio, finalization and distribution date of the Tranche 2 distribution. All shares that are caused to be distributed shall be distributed within a period of 36 months commencing 30th January, 2025. South African shareholders are advised to consult their own tax and/or professional advisors to understand the tax implications of the distributions. Ends. For further Enquiries please contact: Folasade Ibidapo-Obe / Chief Compliance Officer & Company Secretary +234 (1) 2704000 and Mrs. Ayeesha Aliyu / Investor Relations ir@oandoplc.com For: Oando PLC Folasade Ibidapo-Obe Chief Compliance Officer and Company Secretary JSE Sponsor to Oando Questco Corporate Advisory Proprietary Limited Date: 17-10-2025 11:03:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.