SEPLAT ENERGY PLC-CORPORATE ANNOUNCEMENT ON Q3 2021 INTERIM DIVIDEND FOR SEPLAT ENERGY PLC

Corporate Action Announcement

Lagos and London, 28th October 2021: Seplat Energy Plc ("Seplat Energy" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today announces a quarterly dividend at a rate of US2.5 cents (United States Two and Half Cents) per Ordinary Share (subject to appropriate WHT) to be paid to Seplat Energy's shareholders whose names appear in the Register of Members as at the close of business on 15th November 2021.

Period Ended	30th September 2021
Dividend Announcement	28th October 2021
Date
Dividend	An Interim Dividend of US2.5 cents (United States Two and Half 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 15th November 2021.
Closure of Register	To enable SEPLAT's Registrar, Datamax Registrars Limited, prepare for the payment of
	the interim dividend, the Register of Shareholders will be closed on 16th November
	2021.
Qualification Date	Close of Business on 15th November 2021.
	Note that on the London Stock Exchange: The Associated Record Date will be 15th
	November 2021 and the Ex-Dividend date will be 12th November 2021.
Dividend Currency	The default currency and options on currency election for the dividend will depend as
	follows:
	• Shareholders holding their shares on the Nigerian Stock Exchange 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 Stock Exchange 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 30th November 2021, 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
	athttps://www.seplatenergy.com/investors/dividend-information/
	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 Exchang	The exchange rate for the Naira or Pounds Sterling amounts payable will be determined
Rate	by reference to the relevant exchange rates	applicable to the US dollar on 12th
	November 2021 and will be communicated by the Company on 15th November 2021.
Payment Date	On or around 9th December 2021, the interim dividend will be paid electronically to
	shareholders whose names appear on the Register of Members as at 15th November
	2021, 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 advised
Certificates	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 / Sara Powell
	Phone: [phone]
	Email:[e-mail]

		Summary of Key Dates
	Thursday, 28th October 2021	Dividend announcement date
	Friday, 12th November 2021	London Stock Exchange: Ex-Dividend Date
		Date for determining foreign exchange rate
	Monday, 15th November 2021	Nigerian Exchange Limited: Qualification date
		London Stock Exchange: Associated Record Date
		Foreign exchange rates will be communicated to shareholders
	Tuesday, 16th November 2021	Nigerian Exchange Limited: Register Close Date
	Tuesday, 30th November 2021	Closing date for election to the Company's Registrars of foreign exchange
		rates
	Thursday, 9th December 2021	Dividend Payment Date
Dated this 28th day of October 2021
Signed:
Mr. Emeka Onwuka
Chief Financial Officer