UNILEVER NIGERIA : 2024 AGM RESOLUTIONS

Lagos, 10th May 2024	Unilever Nigeria PLC (RC 113)
	1 Billings Way, Oregun
	P.O. Box 1063, Ikeja Lagos
	T: [phone] & [phone]
	www.unilevernigeria.com

UNILEVER NIGERIA PLC - RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING HELD ON 9TH MAY 2024.

This is to notify The Nigerian Exchange Limited and the Investing public that the following resolutions were passed at the Annual General Meeting of Unilever Nigeria Plc (the Company) held on 9 May 2024 at the Grand Banquet Hall, Civic Centre, Victoria Island, Lagos:

1. DECLARATION OF DIVIDEND:
   That a dividend of N4,308,753,750 (four billion, three hundred and eighty million, seven hundred and fifty-threethousand, seven hundred and fifty naira) that is, N0.75k per share subject to the deduction of appropriate withholding taxes and other statutory deductions for the year ended 31st December 2023 out of the amount standing to the credit of the statement of comprehensive income be and is hereby declared. The dividend if approved, will be paid to members on Friday, 10 May 2024 whose names are on the register of members at the close of business on Friday 26th April 2024.
2. ELECTION AND RE-ELECTION OF DIRECTORS:
3. 1. That Mr. Obinna Emenyonu and Ben Langart be and are hereby elected as a Directors of the Company.
   2. That the following Directors who retired by rotation at the Annual General Meeting and who being eligible for re-election be and are hereby re-elected as Directors of the Company:
   3. 1. Mr. Michael Ikpoki
      2. Mrs. Abiola Alabi

Directors: Tim Kleinebenne (Managing Director) (German), Ben Langat (Kenyan), Abiola Alabi (Mrs), Ammuna Lawan Ali OON, Michael Ikpoki, Chika Nwobi, Obinna Emenyonu, Folake Ogundipe (Mrs)

1. AUTHORIZATION OF DIRECTORS TO FIX THE REMUNERATION OF INDEPENDENT AUDITORS:
   That the Directors be and are hereby authorized to fix the remuneration and expenses of the Auditors for the year ending 31 December 2024.
2. ELECTION OF MEMBERS OF THE AUDIT COMMITTEE:
   That the following persons be and are hereby elected/nominated to the Statutory Audit Committee of the Company for the year 2024:
3. 1. Mr. Wahab Abidoye Ajani (Shareholders' Representative)
   2. Mr. Olusegun David Oguntoye (Shareholders' Representative)
   3. Mr. Kolawole Olalekan Durojaiye (Shareholders' Representative)
   4. Mrs. Abiola Alabi (Non-Executive Director)
   5. Mr. Chika Nwobi (Non-Executive Director)
4. DISCLOSURE OF THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS OF THE COMPANY:
   That in accordance with Article 74 of the Articles of Association of the Company, the remuneration of the non-Executive Directors in respect of the year ending 31st December 2024 and until further notice be and is hereby fixed at N79.2 million (Seventy-Nine Million and Two Hundred Thousand Naira Only) as Directors' Fees. In addition, sitting allowances will be paid at standard agreed rates for each meeting attended and the Chairman will be entitled to a vehicle allowance of N15 million gross per annum.
5. APPROVAL OF GENERAL MANDATE TO PROCURE GOODS AND SERVICES NECESSARY FOR DAY-TO-DAY OPERATIONS FROM RELATED PARTIES OR INTERESTED PERSONS ON NORMAL COMMERCIAL TERMS CONSISTENT WITH
   THE COMPANY'S TRANSFER PRICING POLICY:
   That, pursuant to rule 20.8 of the rulebook of the Nigerian Stock Exchange 2015: issuers Rule, a general mandate be and is hereby given authorizing the company during the 2024 financial year and up to the date of the next annual general meeting, to procure goods, services, and financing and enter into such incidental transactions necessary for its day-to-day operations from its related parties or interested persons on normal commercial terms consistent with the company's transfer pricing policy. all transactions falling under this category which were earlier entered into in 2024 prior to the date of this meeting are hereby ratified.

AFOLASADE OLOWE (MRS)

SENIOR COUNSEL AND COMPANY SECRETARY

Directors: Tim Kleinebenne (Managing Director) (German), Ben Langat (Kenyan), Abiola Alabi (Mrs), Ammuna Lawan Ali OON, Michael Ikpoki, Chika Nwobi, Obinna Emenyonu, Folake Ogundipe (Mrs)