LAGOS, 28TH JANUARY 2022

PZ CUSSONS NIGERIA PLC - NOTIFICATION OF CHANGES TO THE BOARD

The Board of Directors of ('the Board) PZ Cussons Nigeria Plc ('the Company'), hereby announces the following retirement:

RETIREMENT - MRS. ELIZABETH EBI

Mrs. Elizabeth Ebi joined PZ Cussons Nigeria Plc in June 2008 and retired as Independent Non-Executive Director effective 27 January 2022.

Mrs. Elizabeth Ebi is the first female stockbroker licensed on the Nigerian Exchange Group, a member of the Governing Council and Board of Fellows of the Chartered Institute of Stockbrokers, a two-term member of the Technical Committee of the National Council on Privatization (BPE), a Member of the Board of Trustees of Redeemers University, African Missions Global and Member of Women Corporate Directors.

An NYU Scholar with an NBA in Finance and Investment from George Washington University, Mrs. Ebi has over the years won several laudable awards for her contribution to the Nigerian Capital market. She is the Founder and Chief Executive Officer of Futureview Group, a company she has successfully led for over 20 years to become a leading investment banking Company in Nigeria.

Jacqueline Ezeokwelume

Company Secretary/Legal Adviser