Seplat Energy Plc ("Seplat Energy" or the "Company")

Appointment of Mrs. Bashirat Odunewu as Senior Independent Non- Executive Director

Lagos and London - April 30, 2025: Seplat Energy has announced the appointment of Mrs. Bashirat Odunewu, Independent Non-Executive Director, as the new Senior Independent Non-Executive Director ("SINED") of its Board, effective April 25, 2025. She succeeds Mr. Bello Rabiu, who stepped down to join the Board of NNPC Limited.

Mrs. Odunewu joined the Seplat Energy Board on May 18, 2022, during which time she has served as a Member of the Risk Management & HSSE Committee, Board Finance & Audit Committee, Nominations & Governance Committee, Statutory Audit Committee and Chairman of the Energy Transition Committee. She is currently the Chairman of the Board Finance and Audit Committee.

Mrs. Odunewu has 30 years of experience in the finance and banking industry, with a strong background in corporate banking, energy, natural resources, and infrastructure. She previously served as a C-suite executive at First Bank Nigeria Ltd and has held leadership roles overseeing international banking operations across multiple African countries and China.

Commenting on the appointment, Mr. Udoma Udo Udoma, Chairman of Seplat Energy, stated:

"The Board is pleased to confirm the appointment of Mrs. Odunewu as Senior Independent Non-Executive Director. This appointment reflects the high regard in which she is held and recognises the strategic insight, sound judgement and governance she consistently brings to the Board."

-  ENDS -

For: Seplat Energy Plc. 

Mrs. Edith Onwuchekwa

Director Legal/Company Secretary

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Notes to editors

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed on the Premium Board of the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL).

Through our strategy to Build a sustainable business and Deliver energy transition, we are transforming lives by delivering affordable, reliable and sustainable energy that drives social and economic prosperity.

Following the acquisition of Mobil Producing Nigeria Unlimited, Seplat Energy's enlarged portfolio consists of eleven oil and gas blocks in onshore and shallow water locations in the prolific Niger Delta region of Nigeria, which we operate with partners including the Nigerian Government and other oil producers. Furthermore, we have an operated interest in three export terminals including the Qua Iboe export terminal and Yoho FSO, as well as an operated interest in the Bonny River Terminal (BRT) NGL recovery plant. We operate two gas processing plants onshore, at Oben in OML 4 and Sapele in OML 41, and are soon to open the 300 MMscfd ANOH Gas Processing Plant in OML 53 as a joint venture with NGIC. Combined, these gas facilities augment Seplat Energy's position as a leading supplier of natural gas to the domestic power generation market.

For further information please refer to our website, https://seplatenergy.com/