NOTORE CHEMICAL INDUSTRIES : BOARD CHANGES NOTIFICATION

Notore Chemical Industries Plc.

RC: 640303

Corporate Office

Notore Industrial Complex, Onne, Rivers State.

T: ([phone] F: [phone]

Lagos Office

6th Floor, Keystone Bank Building,

1, Keystone Bank Crescent,

Off Adeyemo Alakija St, Victoria Island, Lagos.

T: [phone], 461 5465, 461 5292

F: [phone]

W: www.notore.com

Lagos, 24th May, 2023

NOTIFICATION OF CHANGES TO THE BOARD OF DIRECTORS

The Shareholders, The Nigerian Exchange Limited and the Investing Public are hereby notified of the following changes to the Board of Directors of Notore Chemical Industries Plc ("Notore" or "the Company") with effect from 18th May 2023:

RESIGNATION

Mr. Hassan Badrawi

Mr. Hassan Badrawi is a Non-Executive Director in the Company. He holds the position of a Director and Chief Financial Officer of Orascom Construction Industries (OCI), prior to this role, he was the Director Corporate Business Development

• Investments at OCI N.V. The Company is a global producer of natural gas-based fertilizers & industrial chemicals and an engineering & construction contractor based in Egypt and the Netherlands. The Fertilizer & Chemicals Group produces nitrogen fertilizers, methanol and other natural gas-based products, serving agricultural and industrial customers around the world. The Group ranks among the world's largest nitrogen fertilizer producers with current production capacity of approximately 16.1 million metric tons in the Netherlands, the United States, Egypt and Algeria with a market capitalization of about US$5.5 Billion Dollars. Mr. Badrawi joined OCI in 2001 and holds a BA from the Duke University (USA) with a double major in Economics and Political Science and a minor in Literature, which he obtained in 1998. He joined the Board of Notore Chemical Industries Plc. on 7th February 2012. His resignation from the Board of the Company is effective from 18th May 2023.

APPOINTMENT

Mr. Omar Taha

Mr. Omar Taha is a Director, Business Development and M&A with OCI N.V. and also holds the position of the Chief Financial Officer of the Company. He joined OCI N.V. in August 2012 and had previously worked with Beltone Financial as an Equity Research Analyst prior to his appointment at OCI N.V. Mr. Taha has about 15 years of experience in Debt and Equity Financing, Value Investing and Financial Analysis. He holds a Bachelor of Business Commerce Degree from the University College, Dublin and a Master of Science in International Management from CEMS - the Global Alliance in Management.

Mrs. Otivbo Saleh

Group Chief Legal Officer/Company Secretary

Board of Directors

Mr. Onajite Okoloko, Mr. Michael Osime, Engr. Mike Orugbo JP, Mr. Ike Osakwe, Mr. Michael Jansa (American), Mr. Bashir Lebada (Canadian), Mr. Femi Agbaje, Mr. Ohis Ohiwerei Group Managing Director/Chief Executive Officer, Mr. Olusoji Emiola, Mr. Tseyi Hammond, Mr. Ovie Ukiri, Mr. Ebiaho Emafo (Group Deputy Managing Director), Mr. Jonathan Pam, Mr. Omar Taha (British).