SEPLAT ENERGY : CORPORATE ANNOUNCEMENT ON H1 2022 INTERIM DIVIDEND - SEPLAT ENERGY PLC

CORPORATE ANNOUNCEMENT

Lagos and London, 28th July 2022: Seplat Energy PLC ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today announces an interim dividend at a rate of US2.5cents (United States Two point Five Cents) per Ordinary Share (subject to appropriate WHT) to be paid to SEPLAT's shareholders whose names appear in the Register of Members as at the close of business on 12th August 2022

Period Ended	30th June 2022
Dividend Announcement	28th July 2022
Date
Dividend	An Interim Dividend of US2.5cents (United States Two Point Five Cents) per Ordinary
	Share of	N	0.50k each, (subject to appropriate withholding tax) will be paid to
	shareholders whose names appear in the Register of Members as at the close of
	business on 12th August 2022.
Closure of Register	To enable Seplat Energy's Registrar, Datamax Registrars Limited, prepare for the
	payment of the interim dividend, the Register of Shareholders will be closed on 15th
	August 2022.
Qualification Date	Close of Business on 12th August 2022.
	Note that on the London Stock Exchange: The Associated Record Date will be 12th
	August 2022 and the Ex-Dividend date will be 11th August 2022.
Dividend Currency	The default currency and options on currency election for the dividend will depend as
	follows:
	•	Shareholders holding their shares on the Nigerian Exchange Limited without
		a valid Nigerian Certificate for Capital Importation ("CCI") will be paid their
		dividend in Naira as the default currency.
	•	Shareholders holding their shares on the Nigerian Exchange Limited with a
		valid CCI will be paid their dividend in US dollars as the default currency.
		However, those shareholders may instead elect to receive their entire
		dividend payment in Naira (partial elections are not permissible). Evidence
		of the CCI must be provided to Datamax Registrars Limited; and
	•	Shareholders holding their shares through depository interests on the
		London Stock Exchange will be paid their dividend in US dollars as the default
		currency. However, those shareholders may instead elect to receive their
		entire dividend payment in pounds sterling. Partial elections are not
		permissible.
Shareholders Options	Shareholders who have a dividend currency option, must make the election to the
	Company's Registrars by 26th August 2022, otherwise the dividend will be paid in the
	default currency. The election form will be sent out to the relevant shareholders and
	can		also	be	found	on	the	Company	website
	https://seplatenergy.com/investors/dividend/.	Those	shareholders	holding their

	shares on the Nigerian Exchange Limited who hold a valid CCI should notify SEPLAT's
	Nigerian Registrars, DataMax Registrars Limited ("DataMax"), of that fact.
Determination of Exchange	The exchange rate for the Naira or Pounds Sterling amounts payable will be
Rate	determined by reference to the relevant exchange rates applicable to the US dollar
	on 11th August 2022 and will be communicated by the Company on 12th August 2022.
Payment Date	On or around 9th September 2022, the interim dividend will be paid electronically to
	shareholders whose names appear on the Register of Members as of 12th August
	2022, and who have completed the e-dividend registration and mandated the
	Registrar to pay their interim dividend directly into their Bank accounts.
E-Dividend Registration	Shareholders who are yet to complete the e-dividend registration are advised to
	download the Registrar's E-DividendMandate Activation Form, which is also available
	on:http://www.datamaxregistrars.com/images/forms/seplate_e-mandate
	%20form.pdf, complete and submit to the Registrar or their respective Banks. Holders
	of shares through depositary interests on the LSE should please provide their account
	details to the Company's UK depositary, Computershare.
	DataMax Registrars Limited	Computershare
	2c Gbagada Expressway	The Pavillions
	By Beko Ransom Kuti Park	Bridgewater Road
	Gbagada, Lagos	Bristol
	Nigeria	BS13 8AE, United Kingdom
	Fax: + 234 1 712 0012	Fax: [phone]
	Web:www.datamaxregistrars.com	Web:www.computershare.com
	Email: [e-mail]	Telephone: [phone]
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.
Enquiries
	Enquiries on opening of account and payment of dividend should be directed to the
	appropriate Registrar.
	For all other enquiries, kindly contact:
	Seplat Energy Plc
	Emeka Onwuka, CFO
	Carl Franklin / Ayeesha Aliyu - Investor Relations
	Phone: [phone]
	Email:[e-mail]
	FTI Consulting
	Ben Brewerton / Chris Laing
	Phone: [phone]
	Email:[e-mail]
Summary of Key Dates
28th July 2022	Dividend announcement date
11th August 2022	London Stock Exchange: Ex-Dividend Date
	Date for determining foreign exchange rate
12th August 2022	Nigerian Exchange Limited: Qualification date
	London Stock Exchange: Associated Record Date
	Foreign exchange rates will be communicated to shareholders

15th August 2022	Nigerian Exchange Limited: Register Close Date
26th August 2022	Closing date for election to the Company's Registrars of foreign exchange rates
9th September 2022	Dividend Payment Date

Dated this 28th day of July 2022

Signed:

Mr. Emeka Onwuka

Chief Financial Officer