On April 7, 2023, Mr. W. Steve Albrecht notified the board of directors of Swvl Holdings Corp. (“Swvl” or the “Company”) of his resignation from his position as a member of the Company's board of directors and as an independent member of the audit committee of Swvl, effective April 7, 2023. Mr. Albrecht's resignation was not related to any disagreement with Swvl on any matter relating to Swvl's operations, policies or practices.

On April 7, 2023, Mr. Gbenga Oyebode notified the board of directors of the Company of his resignation from his position as a member of the Company's board of directors and as an independent member of the audit committee of Swvl, effective April 7, 2023. Mr. Oyebode's resignation was not related to any disagreement with Swvl on any matter relating to Swvl's operations, policies or practices.