CUTIX : NOTICE OF CHANGES IN THE BOARD OF CUTIX PLC

17, Osita Ony ejiany a Street, Umuanuka, Otolo, P.M.B. 5040, Nnewi, Anambra State, Nigeria. Tel: [phone] Email: [e-mail]: www.cutixplc.com.ng TIN: 00362300-0001

Nnewi, Anambra State; 26 August 2023

NOTICE OF CHANGES ON THE BOARD OF CUTIX PLC

The Board of Directors (the "Board") of Cutix Plc (the Company) wishes to inform the Nigerian Exchange Limited, the Company's Shareholders and the investing public as follows:

APPOINTMENT

The appointment of Mr. Ifeanyi Francis Uzodike as a Non-Executive Director of the Company effective August 25, 2023, at the 40t h Annual General Meeting of the Company held at Anaedo Social Club Hall, 20, Ezenwegbu Street, Otolo Nnewi, Anambra State.

Mr. Uzodike was the Chief Executive Officer of Cutix Plc from November 1, 2008 to October 31, 2018 when he retired at the end of his second tenure. He worked in 1979 & 1980 with EN- Project (Nig) Ltd, a Consulting Engineering Firm and her sister company Pacific Engineering Ltd, which were into design and construction of residential and industrial buildings. For his one-year NYSC he worked with the Chartered Accounting firm of Nnamdi Oyeka & Co. in Lagos. He worked with United Jersey Bank in New Jersey, from 1989 to 1991 and was responsible for posting and reconciliation in the Accounts Unit of the Bankcard Department. He joined Cutix Plc as a Manager in 1991 and rose steadily to General Manager in 2004. Mr. Uzodike has worked and undergone training attachment in several departments of the Company including Audit, Administration, Human Resources, Marketing and Manufacturing. He has attended courses organized by Lagos Business School on making a Board Effective, Supply Chain Manageme nt and Interpersonal Skills. Ifeanyi is the Founder, Chief Executive Officer and Principal owner of G-Mart Limited, Nnewi (owners of G-mart Stores), which is a modern retail supermarket.

Mr. Uzodike was the President of the Cable Manufacturers Association of Nigerian (CAMAN) for ten years and was also a Council member of the Anambra/Enugu/Ebonyi State branch of the Manufacturers Association of Nigeria (MAN). He was a member of the National Council of the Manufacturers Association of Nigeria and a member of the Small and Medium-sized Enterprises (SME) Committee. Mr. Uzodike was the President of Nnewi Chamber of Commerce, Industry, Mines and Agriculture from July 2018 to May 2021. He is a Past President of Nnewi Sports Club and a member of the Rotary Club of Nnewi. He is married with children.

DIRECTORS: Amb. O. Nwosu (Chairman), Mrs. I. Oduonye (CEO), Barr. (Mrs) I. Nwahiri, Sir M Umego, Dr. C. Nsoedo, Mr I. Okonkwo, Mrs I. Ezeasor, Mr A. Olushekun, Prince O. Orizu

RETIREMENT

The Board of the Company also announces the retirement of Amb. Okwudili Odi Nwosu, the Chairman of the Company with effect from August 25, 2023. Amb Nwosu was re-appointed to the Board of the Company in 2016 as a Non-Executive Director and was appointed the Chairman in October 2018.

The Board of Directors of Cutix Plc expresses its sincere gratitude to Amb. Nwosu for his unwavering commitment and outstanding contributions towards the growth of the Company and wish him success in his future endavours.

Thank you.

Chinwendu Nwokporo (ACIS)

Company Secretary