SKYWAY AVIATION HANDLING : UPDATED PROPOSED DIVIDEND

Updated Corporate Actions Announcement Template

SKYWAY AVIATION HANDLING COMPANY PLC hereby announce as follows:

Period Ended

31 December 2022

A final Dividend of 16.5k per 50k ordinary share, subject to appropriate withholding

tax and approval will be paid to shareholders whose names appear in the Register

Proposed Dividend

of Members as at the close of business on 2nd June 2023

Proposed Bonus

Not applicable

The Register of Shareholders will be closed from 5th of June to 9th of June 2023

Closure of Register

Qualification Date

June 2, 2023

On June 23, 2023 dividends will be paid electronically to shareholders whose

names appear on the Register of Members as at June 2 2023, and who have

completed the e-dividend registration and mandated the Registrar to pay their

Payment Date

dividends directly into their Bank accounts.

Shareholders who are yet to complete the e-dividend registration are advised to

download the Registrar's E-DividendMandate Activation Form, which is also

available on the website of the Registrars: www.firstregistrarsnigeria.com

E-Dividend Registration

complete and submit to the Registrar or their respective Banks.

Unclaimed

Dividend Shareholders with dividend warrants and share certificates that have remained

Warrants and

Share unclaimed, or are yet to be presented for payment or returned for validation are

Certificates

advised to complete the e-dividend registration or contact the Registrar.

Date of General Meeting

The Company's Annual General Meeting will be held on 23 June 2023 at 10:00am

First Registrars and Investors Service Limited, 2 Abebe Village Iganmu, Lagos.

Registrar

Telephone: 01-2701078-9, email: info@firstregistrarsnigeria.com