Appointment of Independent Non-Executive Director

Guaranty Trust Bank plc

Appointment of Mr. Babatunde T. Soyoye as an Independent Non - Executive Director of Guaranty Trust Bank plc

Lagos Nigeria - November 15, 2016: Guaranty Trust Bank plc is pleased to notify you of the appointment of Mr Babatunde T. Soyoye as an independent Non-Executive Director of Guaranty Trust Bank plc to fill the vacancy created on the Board by the retirement of Mr Andrew Alli, who was an Independent Non-Executive Director of the Bank.

Mr. Soyoye is a seasoned professional with over twenty-four (24) years' work experience, twenty-one (21) of which has been spent in investment/financial advisory services.

He is the co-founder and Managing Partner of Helios Investment Partners LLP, a private investment firm with its principal office in the United Kingdom, formed to pursue alternative asset class investments in Sub-Saharan Africa, specializing in investment in companies, growth capital for private enterprises, restructurings, joint ventures, start-ups and structured investments.

Prior to co-founding Helios Investment Partners, Mr. Soyoye was a Principal responsible for Telecoms & Media investments across Europe for TPG Capital. Before that, he served as a senior member of the corporate strategy team at British Telecom, and manager of business development at Singapore Telecom International.

The approval of the Central Bank of Nigeria has been received for the said appointment.

November 16, 2016