An Extra-Ordinary General Meeting of Tantalizers Plc (the Company) will hold at 11:00 a.m on Thursday, December 22, 2022 at the Ijewere Hall, Bankers House, Pc 19, Adeola Hopewell Street, Victoria Island, Lagos, to transact the following business:

Special Business:

To consider and if thought fit pass the following as Special Resolutions:

1. That in order to comply with section 124 of the Companies and Allied Matters Act (CAMA) 2020, (as amended) and the Regulations 13 of the Companies Regulation 2021 issued pursuant thereto, the Board of Directors of the Company be authorized to issue, by way of Special Placement the 1,788,372,094 unissued Ordinary Shares of 50 kobo each in the share capital of the Company (being about 36% of the Company's existing share capital) to potential investors. The newly issued shares shall rank pari-passu with the Company's existing issued shares.
2. That the Memorandum and Articles of the Company and all necessary corporate documents be amended upon completion of the special placement, to reflect the Company's share capital.
3. That when the need arises in the future to increase the share capital of the Company, the Board be authorized to do so and source funds through equity and other financing options for expansion, debt reduction, and working capital augmentation.
4. That the Board and Management are hereby authorized to perform all acts and to do all such other things as may be necessary for, or incidental to giving effect to the above resolutions including but not limited to carrying out any actions as may be necessary to comply with any legislation, execute agreements, appoint consultants and advisers and comply with the directives of the regulatory authorities and agencies.