CADBURY NIGERIA : CLOSED PERIOD NOTICE OF BOARD MEETING

Lagos, Nigeria, 30th June 2023

NOTICE OF BOARD MEETING AND CLOSED PERIOD - CADBURY NIGERIA PLC

We hereby notify the Nigeria Exchange Limited (NGX), the Investing public, Cadbury Nigeria Plc's (the Company) shareholders and other relevant "insiders", that the meeting of the Board of Directors of Cadbury Nigeria Plc (the Company) is scheduled to hold on 25th July, 2023 to consider among other things the Unaudited Financial Statements of the Company for the quarter ending 31st March, 2023 (2023 Q1 UFS).

In compliance with the Closed Period rule of Nigeria Exchange Limited (as amended), the Closed Period for trading in the shares of the Company by Insiders will commence from 1st July 2023 and will continue until twenty-four hours after the Q2 unaudited financial statement for the period ending 30th June 2023 has been released to the public.

During this period, Directors, Audit committee members, staff members and other interested parties who have regular access to Cadbury Nigeria Plc's financial information, or other sensitive information which may materially affect the price of the securities of the Company, should observe this earnings-related closed trading period and not buy or sell Cadbury Nigeria Plc shares.

This is in compliance with the rules of the Nigerian Exchange Limited. The rules are also spelled out in our C-14-Insider Trading policy. If you have any questions regarding this policy or the applicability of a part of the policy to you or your activities, please email the Company Secretary at [e-mail].

Yours Faithfully,

For and On Behalf of Cadbury Nigeria Plc:

Fola Akande (Mrs.)

Company Secretary

Directors: A. Sulaiman MFR (Chairman), O. Adeboye (Managing Director), O. Ologe, I. Awosika, S. Parthasarathy (Indian), K. Akinkugbe