EEarnings Update

Earnings Update – CUSTODIAN 2022FY Strong Growth in Interest Income Buoys Earnings.

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Custodian Investment Plc. (CUSTODIAN) in its 2022FY financial scorecard recorded a notable growth
of 20.22% YoY in gross revenue to NGN103.08bn (vs. NGN85.74bn in 2021FY) steered by expansion
across all its business segments. Particularly, the gross premium income (which has been the main
driver) advanced by 11.94% YoY to NGN74.14bn (vs. NGN66.23bn in 2021FY).

Earnings Update – CUSTODIAN 2022FY

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