Market Status OPEN Monday 27 June 2022

CAUTIONARY ANNOUNCEMENT FROM NIC HOLDINGS

Pursuant to Rules 38, 40(1) and Appendix 4 of the Uganda Securities Exchange Listing Rules 2003, the Board of NIC Holdings Limited wishes to inform esteemed shareholders and the general public that although business income grew by 15%, there has been a 44% increase in the loss after tax (LAT).

Please view attachment below, for details.