OKOMU OIL PALM : OUTCOME OF BOARD MEETING

	THE OKOMU OIL PALM COMPANY PLC
		RC: 30894-
		Okomu - Udo, Ovia South West L.G.A
		P.M.B. 1449, Benin City.
Lagos Office:		Edo State, Nigeria.
Tel: [phone]		E-Mail:[e-mail],[e-mail]
E-mail: [e-mail]	Web:www.okomunigeria.com

Benin, 30th October 2023.

BOARD MEETING RESOLUTION

The Okomu Oil Palm Company Plc (the Company) wishes to notify the Nigerian Exchange Limited (NGX) and the investing public that the Company's Board of Directors at its meeting held on Friday the 27th of October, 2023 considered and approved the Unaudited Financial Statements for the period ended 30th September 2023 (2023 Q3 UFS). The Board also approved the payment of an interim dividend of N4.50 kobo (Four Naira Fifty Kobo) per 50 kobo share, for the period ended 30th September 2023, subject to the deduction of withholding tax at the appropriate rate.

The approved 2023 Q3 UFS will be submitted to the NGX via its Issuer's Portal today, the 30th day of October 2023.

Consequently, the closed period restricting all Directors and Insiders from dealing in the shares of the Company remains in place until twenty-four (24) hours after the release of the 2023 Q3 UFS to the Public.

For: The Okomu Oil Palm Company Plc

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Chukwuebuka Omerole Company Secretary.

Directors: G. Oyebode M.F.R (Chairman), G.D Hefer (South African) Managing Director, Dr. I. Chevalley (INED), P.A.E Eguasa JP, H. Fabri (Belgian), D. U. Edebiri OON., P. Fabri (Belgian), R. Helsmoortel (Belgian), A. Arhainx (French) Finance Director, A. Ighodalo, Mrs. V. Shobo (INED), J. Bastrup-Birk INED)