Lagos, 9 May 2024

1.

Details of the of Director/Insider

a)

Name

Ugochukwu Nwaghodoh

2.

Reason for the notification

a)

Position/status

Executive Director of the Bank

b)

Initial

Initial Notification

notification/Amendment

3.

Details of the issuer

a)

Name

United Bank for Africa Plc

b)

Legal Entity Identifier

0292002067E3RH4D8768

Details of the transaction(s): to be repeated for (i) each type of instrument; (ii) each

4.

type of transaction; (iii) each date; and (iv) each place where transactions have

been conducted

a)

Description of the financial

instrument, type of

Ordinary Shares of United Bank for Africa Plc

instrument

ISIN: NGUBA0000001

Identification Code

b)

Nature of the transaction

Purchase of Shares

c)

Price(s) and volume(s)

908,075 shares at NGN26.75 per share

91,925 shares at NGN25.55 per share

350,661 shares at NGN25.90 per share

4,331,639 shares at NGN25.95 per share

780,391 shares at NGN26.00 per share

219,609 shares at NGN26.00 per share

5,317,700 shares at NGN26.00 per share

United Bank for Africa Plc. RC No. 2457. UBA House, 57 Marina, Lagos

Tony O. Elumelu CFR (Chairman). Oliver Alawuba (GMD/CEO)

Executive Directors: Muyiwa Akinyemi (DMD), Ugochukwu Nwaghodoh, Alex Alozie, Sola Yomi-Ajayi, Abiola Bawuah. Non-Executive Directors: Owanari Duke, Angela Aneke, Erelu Angela Adebayo, Abdulqadir Jeli Bello,

Isaac Olukayode Fasola, Aisha Hassan Baba, OON, Caroline Anyanwu.

www.ubagroup.com

  1. Aggregate information

-

Aggregated volume

12,000,000 shares

-

Price

NGN26.02

e)

Date of Transaction

May 8, 2024

f)

Place of Transaction

Lagos, NGX

BILI A. ODUM

GROUP COMPANY SECRETARY/LEGAL COUNSEL

United Bank for Africa Plc. RC No. 2457. UBA House, 57 Marina, Lagos

Tony O. Elumelu CFR (Chairman). Oliver Alawuba (GMD/CEO)

Executive Directors: Muyiwa Akinyemi (DMD), Ugochukwu Nwaghodoh, Alex Alozie, Sola Yomi-Ajayi, Abiola Bawuah. Non-Executive Directors: Owanari Duke, Angela Aneke, Erelu Angela Adebayo, Abdulqadir Jeli Bello,

Isaac Olukayode Fasola, Aisha Hassan Baba, OON, Caroline Anyanwu.

www.ubagroup.com

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United Bank for Africa plc published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 10:22:25 UTC.