OANDO PLC - Oando PLC Announces the Appointment of New Directors

Oando PLC Announces the Appointment of New Directors

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")


              Oando PLC Announces the Appointment of New Directors
                                Lagos, Nigeria

                               November 25, 2024

Oando PLC ("Oando" or the "Company") hereby notifies the shareholders and other stakeholders
that the Board of Directors of the Company has appointed Mr. Ken Igbokwe and Mr. Bashir Bello
as Independent Non-Executive Directors of the Company in accordance with Article 88 of the
Company's articles of association, effective 25 November 2024.

Mr. Ken Igbokwe

Ken Igbokwe is a highly experienced management and consulting professional with over 35 years
of expertise in various sectors, including oil & gas, financial services and the public sector. During
his distinguished career at PwC Nigeria, Ken held key top leadership roles in Assurance, Tax and
Consulting. His experience spans a wide range of areas such as statutory, financial and process
audits & assurance, business valuations, dispute resolution, financial and information systems
risk management, corporate strategy development, corporate performance management, and tax
planning.

In his role as Country Leader of PwC Nigeria, Ken had responsibility for driving strategic thinking
and the visioning that underpinned the growth of the firm. He was in this leadership position for
10 years during which PwC Nigeria business recorded tremendous growth with PwC becoming
the leading "Big 4" brand. He led the PwC West Africa business into the Africa-wide PwC merger
in 2012. Ken contributes to public discourse and debates on public sector transformation in
Nigeria and on matters which focus on corporate governance and the strengthening of the
investment climate.

Ken holds a B.Sc. (Eng) degree in Mechanical Engineering from Imperial College, London
University, which he attended as a Shell Scholar and graduated from, in 1978. He is a current
member of the Institutes of Chartered Accountants England & Wales, and Nigeria. He is also a
current member of the Chartered Institute of Taxation of Nigeria.
Mr. Bashir Bello

Bashir Bello is an Oil & Gas Professional with over 32 years of experience in Technical and
Executive Management positions across the industry. His expertise spans all sectors, from
Downstream (Refining) to Midstream (LNG) and Upstream (Exploration and Production), with a
strong focus on Operations, Engineering, Project Management, and Corporate Governance.

Bashir has served as a Board Member for Shell Petroleum Development Company of Nigeria
Limited, Bonny Gas Transport Company, NLNG Ship Manning Company Limited, and various
Board Committees of Nigeria LNG.

With a proven ability in Interface and Stakeholder Management, Bashir is skilled at delivering
business value in Joint Ventures with diverse shareholder agendas, managing projects with
complex interfaces and stakeholder expectations, and overseeing operations with diverse
functional requirements and limited resources.

Bashir holds a Bachelor of Engineering (B.Eng.) in Mechanical Engineering from Bayero
University Kano, Nigeria. Bashir is a Fellow of the Nigeria Society of Engineers (NSE), and a
Registered Engineer with the Council for the Regulation of Engineering in Nigeria (COREN).

For: Oando PLC


Ayotola Jagun
Chief Compliance Officer & Company Secretary
The Wings Office Complex, 17a, Ozumba Mbadiwe
Street, Victoria Island Lagos, Nigeria

JSE Sponsor to Oando
Questco Corporate Advisory Proprietary Limited

Date: 26-11-2024 07:24:00
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