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REPORT OF THE STATUTORY AUDIT COMMITTEE In accordance with Section 359 (6) of the Companies and Allied Matters Act, Cap C20 LFN 2004 and Section 30.4 of the SEC Code, the members of the Statutory Audit Committee of Dangote Cement Plc hereby report as follows: “We have exercised our statutory functions under Section 359 (6) of the Companies and Allied Matters Act, Cap C20 LFN 2004 and we acknowledge the cooperation of the Board, management and staff in the conduct of these responsibilities. After careful consideration of the report of the external auditors, we accepted the report that the financial statements give a true and fair view of the state of the Group’s financial affairs as at 31st December, 2016. We confirm that: I. The accounting and reporting policies of the Group are in accordance with legal and regulatory requirements as well as agreed ethical practices II. We reviewed the scope and planning of audit requirements and found them adequate III. We reviewed the findings on the management letter prepared by the external auditors and found management responses to the findings satisfactory IV. The accounting and internal controls system is constantly and effectively being monitored through an effective internal audit function V. We made recommendations to the Board on the re-appointment and remuneration of the external auditors and also reviewed the provision made in the Financial Statements for the remuneration of the external auditors; and VI. We considered that the external auditors are independent and qualified to perform their duties effectively. The Committee therefore recommends that the Audited Financial Statements for the year ended 31st December, 2016 and the External Auditors’ report thereon be presented for adoption at this Annual General Meeting.” Robert Ade-Odiachi Chairman, Statutory Audit Committee 27th February, 2017 Members of the Statutory Audit Committee: Robert Ade-Odiachi – Shareholder’s Representative Nicholas Nyamali – Shareholder’s Representative Sheriff Yussuf – Shareholder’s Representative Olakunle Alake – Non-Executive Director Olusegun Olusanya – Independent Non-Executive Director Emmanuel Ikazoboh – Independent Non-Executive Director 136 Annual Report 2016

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