TRANS NATIONWIDE EXPRESS : OUTCOME OF BOARD OF DIRECTORS MEETING

Lagos, 22nd March, 2023

OUTCOME OF THE MEETING OF THE BOARD OF DIRECTORS

This is to inform The Nigerian Exchange Limited (NGX) that at the Board of Directors meeting of Trans-Nationwide Express PLC (the Company) held on Tuesday, 21st March, 2023, the Board approved the following:

1. Directors' Report and Audited Financial Statements of the Company for the year ended 31st December, 2022 (2022 AFS).
2. That a Dividend of N0.02k per ordinary shares of N0.50k each, amounting to N9,963,001.54 be and is hereby approved and recommended to shareholders for approval at the Company's forthcoming Annual General Meeting.
3. That Pursuant to the Closed Period rule of the Exchange, the Company had commenced its closed period on Saturday, 1 January 2023 and will continue until 24 hours after the release of the Audited Financial Results.
4. That the date of the Annual General Meeting be fixed for Wednesday, 21st June, 2023 at 11.00 a.m. and the venue of the Annual General Meeting will be communicated to NGX in due course.

The Company shall be uploading the approved 2022 Audited Financial Statements (AFS) on or before 31 March 2023.

Francis Asuquo

Cautious Services Limited

Company Secretaries

Mr. Sulaiman Adedokun (Chairman), Mr. Eric C. Emecheta (MD/CEO), Ms. Daniella F. Suleman,

Mr. Adebayo A. Adeleke, Mr. Kayode Ajakaiye, Mr. Olusegun Adeoye, Mr. Adegoke Olasoko