FCMB GROUP PLC

RC No: 1079631

Lagos, 24 January 2023: FCMB GROUP PLC PLANS TO ISSUE UP TO N30 BILLION SERIES I ADDITIONAL TIER 1 BOND UNDER ITS N300 BILLION DEBT ISSUANCE PROGRAMME

FCMB Group Plc ("FCMB Group") has completed the registration of its N300 billion Debt Issuance Programme with the Securities and Exchange Commission ("the Commission") and received the Commission's approval to launch the Series I up to N30 Billion Perpetual Fixed Rate Resettable NC5.25 Additional Tier 1 Bond ("the Issuance" or "Series I Bond") thereunder.

The Issuance represents the first non-sharia local currency AT1 instrument to be issued in Nigeria and has received CBN's no-objection.

FCMB Group will commence the book build in respect of the Series I Bond on January 24, 2023.

FOR: FCMB GROUP

FUNMI ADEDIBU

Company Secretary

First City Plaza, 44 Marina, Lagos, Nigeria. Tel: +234 (0) 1 279 3030, +234 (0) 1 279 3033

www.fcmbgroup.com|fcmbgroupplc@fcmb.com

Mr. Oladipupo Jadesimi (Chairman), Mr. Ladi Balogun (Group Chief Executive), Mr. Gbolahan Joshua (Chief Operating Officer) Mr. Femi Badeji (Executive Director),

Alhaji Mustapha Damicida (Non-Executive Director), Prof. Oluwatoyin Ashiru (Non-Executive Director), Dr. (Engr) Gregory Omosigho Ero (Non-Executive Director), Mrs. Olapeju Sofowora (Non-Executive Director),

Mrs. 'Tokunboh Ishmael (Non-Executive Director), Ms. Muibat Ijaiya (Non-Executive Director)

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Fcmb Group plc published this content on 24 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2023 13:56:03 UTC.