eDividend Mandate Management System Progress Report and Operations

e-Dividend Mandate Management System – Progress Report and Operations A Presentation of NIBSS to the Capital Market Committee Meeting November 25, 2015

Progress Report Registrar Stakeholder Engagement Ø August 05, 2015 – Demonstration of Portal Workflow done to Registrars enjoined to provide non-mandated shareholder data to NIBSS for upload to the database Ø September 25, 2015 – Registrars were updated on the level of compliance with the SEC directive. A proposal was made on the commercials for cost recovery purpose. Ø November 12, 2015 – Meeting to herald the live operations of portal effective November 16, 2015. A moratorium period of 90 days wherein investors will process e-Dividend mandates free of charge communicated with Registrars enjoined to sensitize investors to seize the window. 2

Progress Report Bank , CSCS Stakeholders Engagement Ø July 29, 2015 – Demonstration of portal workflow done to Banks. The merging of the portal with the acclaimed e- Reference Portal was mentioned to the banks. Ø August 07, 2015 - CSCS enjoined to provide database of Clearing House Numbers(CHN) to NIBSS for upload into the portal. Ø October 02, 2015 – The e-Document Manager formally exposed to Banks with the merger of e-Reference and e. DMMS portal. 3

Operations • The e-Document Manager is available over the internet with the URL: https: //apps. nibss-plc. com. ng/e. Document. Mgr/ • Live upload of e- Dividend Mandates commenced November 16, 2015. • Shareholders’ data for the following institutions may not be available because NIBSS has not received their shareholder data: • BOI Investment and Trust Ltd. • Corporate Diamonds & Securities & Investments • NIC Registrars Limited 4

Operations – Future Plans • Moratorium period of 3 months to span November 23, 2015 and February 22, 2016. • Service to run on N 100. 00 mandate processing charge effective February 23, 2016 • SEC printed about 500, 000 e-DMMS processing point stickers to be pasted across all Nigeria bank branches. • Plans at advanced stage for information on e-DMMS on critical social media channels by SEC to ensure “Top-of-Mind” awareness of the e- Dividend mandate processing opportunity for shareholders 5

Operations – Milestones as @ 20/11/2015 S/N REGISTRARS AFRICA PRUDENTIAL 1 REGISTRARS 2 APEL REGISTRARS 3 CARDINALSTONE REGISTRARS 4 CENTURION REGISTRARS 5 DATAMAX REGISTRARS 6 EDC REGISTRARS 7 FIRST REGISTRARS 8 GTL REGISTRARS 9 LIGHTHOUSE REGISTRARS 10 MAINSTREET REGISTRARS 11 MERISTEM REGISTRARS 12 PAC REGISTRARS 13 STERLING REGISTRARS 14 UNITED SECURITIES REGISTRARS 15 UNITY REGISTRARS 16 VERITAS REGISTRARS 17 FLOURMILLS REGISTRARS 18 CITADEL REGISTRARS 19 ALL CROWN REGISTRARS 20 NIC REGISTRARS LIMITED 21 BOI INVESTMENT AND TRUST LTD CORPORATE DIAMONDS & 22 SECURITIES & INVESTMENTS REGISTRARS THAT HAVE PROVIDED NON MANDATED SHAREHOLDER DATA ü ü ü ü ü REGISTRARS WITH REGISTRARS ADMINISTRATORS WITH USERS ü ü ü ü ü ü ü ü REGISTRARS THAT HAVE UPLOADED MANDATES ü ü ü ü ü ü 6

THANK YOU Nigeria Inter-Bank Settlement System Plc … Improving the Nigeria Payments System 1230 Ahmadu Bello Way Victoria Island, Lagos, Nigeria Tel: +234 1 2716071 www. nibss-plc. com. ng 7