AIICO INSURANCE : CORPORATE ACTION ANNOUNCEMENT

AIICO INSURANCE PLC hereby announce as follows:

Period Ended		31 December 2022
			A Final Dividend of 3 kobo per Nominal value of the Ordinary Shares, subject to
			appropriate withholding tax and approval will be paid to shareholders whose
			names appear in the Register of Members as at the close of business on May 31,
Proposed Dividend	2023
Proposed Bonus		N/A
Closure of Register	The Register of Shareholders will be closed from June 1, 2023 to June 5, 2023
Qualification Date	May 31, 2023
			On June 15, 2023 dividends will be paid electronically to shareholders whose
			names appear on the Register of Members as at May 31, 2023 and who have
			completed the e-dividend registration and mandated the Registrar to pay their
Payment Date		dividends directly into their Bank accounts.
			Shareholders who8 are yet to complete the e-dividend registration are advised to
			download the Registrar's E-DividendMandate Activation Form, which is also
			available on our website: https://crlselfservice.coronation.ng/complete and
E-Dividend Registration	submit to the Registrar or their respective Banks.
Unclaimed		Dividend	Shareholders with dividend warrants and share certificates that have remained
Warrants	and	Share	unclaimed or are yet to be presented for payment or returned for validation are
Certificates			advised to complete the e-dividend registration or contact the Registrar.
			The Company's Annual General Meeting will be held at Shell Hall, Muson Centre,
Date of General Meeting	8/9 Marina Road, Onikan, Lagos on June 8, 2023 at 12.00 noon
			Coronation Registrars Limited Plot 009, Amodu Ojikutu Street, Off Saka Tinubu,
			Victoria Island, Lagos,
			Nigeria. Telephone: [phone] Email:
Registrar			[e-mail]
			Oladeji Oluwatola (Chief Financial Officer) [phone]
Investor Relations	[e-mail]

Dated this 3rd day of April 2023

Signed:

Donald KANU

Company Secretary