CHEMICAL AND ALLIED PRODUCTS : NOTICES OF ANNUAL GENERAL MEETING (AGM) -

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chemical and Allied Products PLC (the "Company") will be held at Festival Hotel, Diamond Estate, Amuwo Odofin, Lagos, Nigeria on Thursday, June 15, 2023 at 10.00am in order to transact the following businesses:

ORDINARY BUSINESS

1. To lay before members the Audited Financial Statements for the year ended December 31, 2022, and the Report of the Directors, Auditors and Audit Committee thereon.
2. To declare a dividend.
3. To re-elect Mrs. Udo Okonjo who is retiring by rotation.
4. To authorize the Directors to fix the remuneration of the External Auditors for the 2023 Financial Year.
5. To elect members of the Statutory Audit Committee.
6. To disclose the remuneration of Managers of the Company.

SPECIAL BUSINESS

1. To fix the remuneration of Directors.
2. To approve the appointment of Dr. Babs Omotowa.
3. To consider and if thought fit, pass the following resolution as an ordinary resolution of the Company:

"That a general mandate be and is hereby given, authorizing the Company through the Directors to enter into recurrent transactions with related parties or companies until reviewed by the Company at an Annual General Meeting."

Dated this 8th day of May, 2023

BY ORDER OF THE BOARD

AYOMIPO WEY

COMPANY SECRETARY

FRC/2013/NBA/00000003124

NOTES

1. PROXY
   Any member of the Company entitled to attend and vote at this meeting is also entitled to appoint a proxy to attend and vote in his/her stead. A proxy need not be a member of the Company. A proxy form must be completed and deposited at the office of the Company's Registrar, Africa Prudential Plc, 220B Ikorodu Road, Palmgrove, Lagos or sent via email to [e-mail] later than 24 hours before the time fixed for the meeting.
2. STAMPING OF PROXY
   The Company has made arrangements, at its cost, for the stamping of duly completed and signed proxy forms submitted to the Company's Registrars within the stipulated timeline.
3. CLOSURE OF REGISTER
   The Register of Members and transfer books will be closed from June 2 to June 8, 2023 (both dates inclusive) for the purpose of updating the Register of Members and payment of Dividend.

1. DIVIDEND
   Directors have recommended to members, the payment of a dividend of N1.55kobo per share. A resolution to this effect will be put to the meeting for the approval of members. If the Dividend recommended by the Directors is approved by members at the Annual General Meeting, Dividend will be paid, subject to withholding tax, on June 16, 2023 to the Shareholders whose names appear in the Company's Register of Members at the close of business on June 1 2023.
   Shareholders are advised to complete the E-Dividend Mandate Activation Form, which is
   available athttp://sec.gov.ng/wp-content/uploads/2016/04/Afric-Prudential-EDMMS-Form_2018.pdfand forward same to the Registrar, Africa Prudential Plc at their office at 220B, Ikorodu Road, Palmgrove, Lagos or send via email [e-mail] enable direct credit of their dividend on June 16, 2023.
2. NOMINATION TO THE STATUTORY AUDIT COMMITTEE
   Pursuant to Section 404 (6) of the Companies and Allied Matters Act, 2020, any member may nominate a shareholder as a member of the Audit Committee by giving notice in writing of such nomination. Such notice shall reach the Company Secretary at least 21 days before the Annual General Meeting. Section 404 (5) CAMA 2020 has mandated that all members of the Audit Committee must be financially literate and at least one member shall be a member of a professional accounting body in Nigeria established by an Act of the National Assembly. We therefore request that nominations be accompanied by a copy of the nominee's curriculum vitae.
3. RIGHT OF SECURITIES HOLDERS TO ASK QUESTIONS
   Shareholders and other holders of the Company's securities have a right to ask questions not only at the meeting, but also in writing prior to the meeting, and such questions must be submitted to the Company on or before June 13, 2023.
4. UNCLAIMED DIVIDENDS
   Shareholders who are yet to claim their outstanding dividends are hereby advised to complete the e-dividend registration form by downloading the Registrar's E-Dividend Mandate Activation Form, which is available at http://sec.gov.ng/wp-content/uploads/2016/04/Afric-Prudential-EDMMS-Form_2018.pdfand submit to the Registrars at Africa Prudential Plc, 220b Ikorodu Road, Palmgrove Lagos or their respective Banks for the purpose of claiming their outstanding dividends.
   A list of Shareholders who are yet to claim their dividends as of March 31, 2023 is available on the
   Company's Website at www.capplc.com.
5. BIOGRAPHICAL DETAILS OF DIRECTORS FOR ELECTION AND RE-ELECTION
   The biographical details of the Directors submitted for election and re-election are contained in the Annual Report and on the Company's website at www.capplc.com.
6. E- ANNUAL REPORT PUBLISHED ON THE WEBSITE
   In order to improve delivery of our Annual Report, we have inserted a detachable Form to the
   Annual Report and hereby request Shareholders who wish to receive the Company's Annual
   Report in an electronic format to complete and return the Form to the Registrars for further processing. In addition, Annual Reports are available online for viewing and download from our website at www.capplc.com.
7. VOTING BY INTERESTED PERSONS
   In line with the provisions of Rule 20.8(h) Rules Governing Related Party Transaction of Nigerian Exchange Limited, interested persons have undertaken to ensure that their proxies, representatives, or associates shall abstain from voting on resolution 9 above.