SOVRENINS — SOVEREIGN TRUST INSURANCE Disclosures

* Sovereign Trust Insurance Plc has successfully fulfilled a mandatory N1.5 billion statutory deposit with the Central Bank of Nigeria (CBN) in compliance with the Nigerian Insurance Industry Reform Act (NIIRA). * The company previously launched a Rights Issue on May 4, 2026, aiming to raise N5 billion through the sale of over 2.5 billion ordinary shares at N2.00 per share, with the offer scheduled to close on June 10, 2026. * These actions are part of the company's broader recapitalization program intended to strengthen its financial position, ensure regulatory compliance, and enhance its competitive capacity within the Nigerian insurance market.