Centum Statement on Completion of Sale Of Equity Stake in Bakki Holdco Limited

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Centum Investment Company Plc on Completion of Sale of Equity Stake in Bakki Holdco Limited


Centum Statement on Completion of Sale Of Equity Stake in Bakki Holdco Limited

Centum Investment Company PLC ("Centum") hereby notifies its shareholders and the investing public of the successful completion of the sale of its entire equity stake in Bakki Holdco Limited ("Bakki"), a licensed non-operating holding company that served as the holding vehicle for Centum's interest in Sidian Bank Limited.

Centum held 50% of the issued shares of Bakki, which in turn owned 27.2% of Sidian Bank Limited.

Following the receipt of the necessary approvals from the Central Bank of Kenya and the Competition Authority of Kenya, and upon the fulfilment of all other customary conditions precedent, the sale transaction was successfully concluded. Consequently, and upon finalization of post-completion filings, Bakki Holdco Limited will cease to be a subsidiary of Centum.

This divestment marks the conclusion of Centum's exit from Sidian Bank Limited. The exit represents an important milestone in Centum's portfolio management strategy, aimed at strengthening the Group's liquidity position and reallocating capital toward new growth investment opportunities.

The financial effects of the transaction will be reflected in Centum's next financial reporting cycle for the financial year ending 31 March 2026. The Company expects the sale to result in a modest financial gain relative to the previously reported carrying value of Bakki Holdco Limited in Centum's books.

BY ORDER OF THE BOARD
James Mworia, CFA, CGMA
Group Chief Executive Officer and Managing Director
12 March 2026