DANGOTE CEMENT : DANGOTE CEMENT PLC'S UPDATE ON OBAJANA CEMENT PLANT

Dangote Cement Plc. RC 208767

Marble House

1, Alfred Rewane Road, Ikoyi, Lagos, Nigeria Tel: [phone]

Email: [e-mail]

Website: www.dangotecement.com

18 October 2022

Lagos, Nigeria

Update on Obajana Cement Plant

Dangote Cement Plc (DANGCEM-NL), Africa's largest cement producer, wishes to notify stakeholders that our 16.25Mt Obajana Cement plant re-opened on Friday, 7 October, 2022, with suboptimal operations.

It became fully operational from Friday, 14 October, 2022, when the Federal Government ordered the full re-opening of the plant. Production at the Obajana Cement plant is now running at optimal levels.

The dispute between the two parties, Dangote Industries Limited and Kogi State Government is being resolved.

We extend our appreciation to all our shareholders and stakeholders who have remained patient with us throughout this incident. We remain committed to promoting inclusive economic growth while supporting the development of communities in which we operate.

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About Dangote Cement Plc

Dangote Cement Plc is Sub-Saharan Africa's largest cement producer, with an installed capacity of 51.6Mta across 10 African countries. We operate a fully integrated "quarry- to-customer" business with activities covering manufacturing, sales and distribution of cement. We have a production capacity of 35.3Mta in our home market, Nigeria. Our Obajana Plant in Kogi State, Nigeria, is the largest in Africa, with 16.3Mta capacity across its four lines. The Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta, the Gboko plant in Benue state has 4Mta, and Okpella plant in Edo state has 3Mta.

Through our recent investments, Dangote Cement has eliminated Nigeria's dependence on imported cement and has transformed the nation into an exporter of cement serving neighbouring countries. In addition, we have operations in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.5Mta import), South Africa (2.8Mta), Tanzania (3.0Mta), Zambia (1.5Mta).

More information can be found at: www.dangotecement.com

Enquiries: [e-mail]

Directors: Mr. Aliko Dangote, GCON (Chairman); Mr Michel Puchercos, GMD (French); Mr. Philip Mathew, DGMD (Indian); Mr. Olakunle Alake;

Mr. Abdu Dantata; Mr. Devakumar V.G. Edwin (Indian); Mr. Ernest Ebi, MFR; Mr. Emmanuel Ikazoboh; Mr. Douraid Zaghouani (French); Mrs. Dorothy Udeme Ufot, SAN; Mr. Viswanathan Shankar (Singaporean); Mrs. Cherie Blair, CBE QC (British); Sir Michael Davis (British); Ms. Berlina Moroole (South African); Ms. Halima Aliko-Dangote