OANDO : LIFTING OF SUSPENSION OF SECURITIES ON THE JOHANNESBURG STOCK EXCHANGE

OANDO PLC ANNOUNCES LIFTING OF SUSPENSION OF SECURITIES LISTING

ON THE JOHANNESBURG STOCK EXCHANGE

5 June 2024

Oando PLC (referred to as "Oando" or the "Company"), Nigeria's leading indigenous energy group listed on both the Nigerian Exchange Limited (NGX) and Johannesburg Stock Exchange (JSE) hereby wishes to notify the public and its shareholders that it has received confirmation from the JSE on the lifting of the suspension on the secondary listing of the Company's securities. This change will take effect from today, June 5, 2024, allowing trading to resume.

We acknowledge and appreciate the patience of our stakeholders during this time; furthermore, we remain committed to maintaining the highest standards of corporate governance and transparency.

Ends

For further information, please contact: Ayotola Jagun

Company Secretary

The Wings Office Complex

17a Ozumba Mbadiwe Avenue Victoria Island,

Lagos, Nigeria.

Tel: [phone], Ext 6159 [e-mail]

For: Oando PLC

Ayotola Jagun (Ms.)

Chief Compliance Officer and Company Secretary