Seplat Energy Regulatory News (SEPL)

Seplat Energy Plc

("Seplat Energy" or the "Company")

Immigration Suit against Seplat Energy

Lagos and London - 13 April 2023: Seplat Energy has become aware of a suit filed at the Federal High Court sitting in Abuja, by the Nigeria Immigration Service (acting for the Federal Government of Nigeria) against the Company and some of its Directors and Officers. The suit is in relation to the immigration status of Mr. Roger Brown and the withdrawal of his immigration visa by the Ministry of Interior.

The Company refers to its Announcement of 9th March 2023, and continues to follow the rule of law and uphold high standards of corporate governance. Seplat Energy remains confident that it has provided all of the required documentation to the Ministry of Interior and the judicial process will address the circumstances appropriately, while it continues to engage and cooperate with the immigration authorities in Nigeria.

This announcement is made pursuant to Rule 17.10 of the Rulebook of the Nigerian Exchange, 2015 (Issuer's Rule).

Responsibility for publication

This announcement has been authorised for publication by Mr. Basil Omiyi, Independent Chairman, on behalf of the entire Board of Seplat Energy PLC.

Signed:

Mr. Basil Omiyi CON

Board Chairman

Enquiries:

Notes to editors

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

Seplat Energy is pursuing a Nigeria-focused growth strategy through participation in asset divestments by international oil companies, farm-in opportunities, and future licensing rounds. The Company is a leading supplier of gas to the domestic power generation market. For further information please refer to the Company website,  http://seplatenergy.com/