ETI Set To Launch A $300 Million Fixed Rate Reset Tier 2 Sustainability Notes

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Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank
Group, the leading Pan-African banking group with banking operations in 33 countries hereby notifies the Nigerian Exchange Limited, the Ghana Stock Exchange, and the Bourse Régionale des Valeurs Mobilières (the “Stock Exchanges”) that it is seeking to raise US$300 Million from the international debt capital markets through the issuance of Tier 2 qualifying Sustainability Notes pursuant to the United States Securities and Exchange Commission Rule 144A and Regulation S (the “Notes”).

An equivalent amount of the net proceeds of the Notes will be used to finance or re-finance, in part or in full, new or existing eligible assets in accordance with ETI’s Sustainable Finance Framework.

In view of the foregoing, ETI is pleased to notify the Stock Exchanges of the proposed launch of the Notes. ETI intends to list the Notes on the London Stock Exchange, with the expectation that the Notes will be traded on its regulated market.

It should be noted that the issuance of the Notes (the “Transaction”) is subject to prevailing
market conditions and the conclusion of the necessary Transaction documentation.

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