Lagos, Nigeria

6 SEPTEMBER 2022

Notification of Share Dealing by Insiders

1.

Details of the of Director/Insider

a)

Name

MR. RAHEEM OWODEYI

2.

Reason for the notification

a)

Position/status

Executive Director

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer

a)

Name

Sterling Bank Plc.

b)

Legal Entity Identifier

029200807D9MH3J67D65

Details of the transaction(s): to be repeated for (i) each type of instrument; (ii) each type of

4.

transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial

a)

instrument, type of instrument

Identification Code

ISIN: NGSTERLNBNK7

b)

Nature of the transaction

A purchase of shares under the Staff Equity Participation Scheme

c)

Volume and price

87,111,979 units at N1.46 per unit

Aggregate information

d)

-

Aggregated volume

87,111,979 units

-

Price

N1.46

e)

Date of Transaction

6 September, 2022

f)

Place of Transaction

Lagos, Nigerian Exchange Platform

Temitayo Adegoke

Company Secretary

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Sterling Bank plc published this content on 06 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 September 2022 11:59:02 UTC.