UNITED BANK FOR AFRICA : NOTICES OF BOARD MEETING (BM) - NOTICE

UNITED BANK FOR AFRICA PLC

POSTPONEMENT OF BOARD MEETING AND EXTENSION OF CLOSED PERIOD

Lagos, Friday, January 21, 2022

In line with listing rules of the Nigerian Exchange Limited for listed companies, United Bank for Africa Plc (the Bank) hereby informs its shareholders, the Nigerian Exchange Limited, and the investing public that the meeting of Board of Directors of the Bank for Tuesday, January 25, 2022, to consider, amongst other matters, the Group Audited Accounts and Financial Statements for the year ended December 31, 2021, as well as proposals for the Final Dividend, will now hold on Monday, February 14, 2022.

In compliance with the post listing requirements of the Nigerian Exchange Limited for listed companies, the previously announced closed period for trading in the Bank's shares, which commenced on January 1, 2022, shall continue until 24 hours after the release of the Group Audited Accounts and Financial Statements for the year ended December 31, 2021, to the Nigerian Exchange Limited.

Accordingly, no Director, person discharging managerial responsibility, employee with sensitive information, adviser, and consultant of the Bank and their connected persons may directly or indirectly deal in the Securities (Shares and Bonds) of the Bank during the closed period.

BY THE ORDER OF THE BOARD

BILI A. ODUM

GROUP COMPANY SECRETARY

United Bank for Africa Plc. RC No. 2457. UBA House, 57 Marina, Lagos

Tony O. Elumelu CON (Chairman). Amb. Joe Keshi OON (Vice Chairman). Kennedy Uzoka (GMD/CEO)

Executive Directors: Oliver Alawuba, Uche Ike, Chukwuma Nweke, Ibrahim A. Puri, Chiugo Ndubisi.

Non-Executive Directors: Owanari Duke, Samuel Oni (FCA), Angela Aneke, Erelu Angela Adebayo, Abdulqadir Jeli Bello, Isaac Olukayode Fasola,

Aisha Hassan Baba, OON, Caroline Anyanwu.

www.ubagroup.com