COURTEVILLE BUSINESS : OUTCOME OF THE BOARD MEETING

Lagos, Nigeria, 30th March 2022

OUTCOME OF THE MEETING OF THE BOARD OF DIRECTORS - COURTEVILLE BUSINESS SOLUTIONS PLC

Please refer to the announcement made on March 1, 2022 through which the investing public and the Nigerian Exchange Limited (the Exchange) were notified of the Board Meeting scheduled to hold on 29th March, 2022.

We are pleased to inform the members of the public and the Nigerian Exchange Limited that the Board of Directors of Courteville Business Solutions Plc (the Company) met on Tuesday, March 29, 2022 as scheduled and the following resolutions were made:

• a) That the Group Audited Financial Statements for the year ended 31st December, 2021 be and is hereby approved;

• b) That a dividend be recommended to shareholders, subject to the appropriate withholding tax and the approval of the shareholders at the Annual General Meeting; and

• c) That the Directors are hereby authorized to take steps to comply with the provisions of the Section 124 of Companies and Allied Matters Act 2020 and Companies Regulations, 2021 with respect to the unissued shares of the Company, including but not limited to the cancellation of such unissued shares subject to shareholders' approval at the next Annual General Meeting.

Consequently, the approved Group Audited Financial Statements would be released to the public on or before 31st of March 2022, while the Closed Period restricting Directors and other Insiders from trading on the shares of the Company, will remain in place until twenty-four (24) hours after its release to the public.

Thank you.

Jackson, Etti & Edu Company Secretary