PRESS INFORMATION

Notification of proposed launch of US$300 Million senior notes by Limited

Lomé, February 1st, 2021– Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading Pan-African banking group with banking operations in 34 countries hereby notifies the investing public that Limited (the “Bank”), a key subsidiary of Ecobank Transnational Incorporated (“ETI”) is seeking to raise capital from the international debt capital market through the issuance of US$300 million senior notes (the “Notes”), pursuant to the United States Securities and Exchange Commission Rule 144A and Regulation S (the “Transaction”).

The proceeds of the Eurobond will provide medium term funding and help to enhance the capacity of the Bank to support international trade and service in Africa

Further, the Notes, which will be issued through a Dutch special purposes funding vehicle, will be listed on the Stock Exchange.

In view of the foregoing, ETI is pleased to notify the Nigerian Stock Exchange and the investing public of the proposed launch of the Notes by the Bank. The Bank intends to list the Notes on the London Stock Exchange, with the expectation that the Notes will be traded on its regulated market.

The Central Bank of Nigeria has confirmed that it has no objection to the Transaction. It should be noted that the Transaction is subject to prevailing market conditions and the conclusion of the necessary Transaction documentation.

----ENDS-----

Adenike Laoye Group Head, Corporate Communications

About Ecobank Transnational Incorporated (‘ETI’ or ‘The Group’)

Ecobank Transnational Incorporated (‘ETI’) is the parent company of the Ecobank Group, the leading independent pan-African banking group. The Ecobank Group employs over 14,000 people and serves over 24 million customers in the consumer, commercial and corporate banking sectors across 33 African countries. The Group has a banking license in and representative offices in Addis Ababa, Ethiopia; , ; , ; London, the UK and Dubai, the . The Group offers a full suite of banking products, services and solutions including bank and deposit accounts, loans, cash management, advisory, trade, securities, wealth and asset management. ETI is listed on the Nigerian Stock Exchanges in , the Stock Exchange in , and the Bourse Régionale des Valeurs Mobilières in . For further information please visit www.ecobank.com