Dividend Declaration

30 October 2020

Vivo Energy plc

LSE:VVO / JSE:VVO

Dividend Declaration

As set out in the Third Quarter 2020 Trading Update announcement released earlier today, the Company is pleased to recommence dividend payments through the declaration of an interim dividend of 2.65000 US cents per share, in settlement of the 2019 final dividend that was previously withdrawn. The dividend is payable on 18 December 2020 to ordinary shareholders on the register as at 20 November 2020.

The default payment for dividends is in US dollars. However, shareholders who hold their shares through the London Stock Exchange can elect to have dividends paid in pounds sterling (GBP) by completing a Dividend Currency Election Form (the 'Form'). A copy of the Form can be found on the Company's website at http://investors.vivoenergy.com/shareholder-information/dividend-information. The option to elect a pound sterling dividend payment for this dividend will be available to shareholders until 20 November 2020, by which date the Form needs to be returned duly completed to Link Asset Services, Shareholder Solutions, 34 Beckenham Road, Beckenham, Kent, BR3 4TU. All enquiries regarding the Form should be sent to the same address or by telephone Link Asset Services on: 0871 664 0300 (and if outside the United Kingdom (UK) on: +44 371 664 0300). Calls cost 12p per minute plus your phone company's access charge. Calls outside the UK will be charged at the applicable international rate. Lines are open Monday-Friday 9:00-17.30 (BST).

 CREST shareholders must elect via CREST.

The pounds sterling equivalent dividend payment will be announced on or around 7 December 2020.

Shareholders who hold shares through the Johannesburg Stock Exchange will receive their dividend in South African rand. For shareholders on our South African share register a dividend of R0.43396 per share will be paid on 18 December 2020, using an exchange rate of 16.37600 US$/ZAR.

A timetable of events in relation to the dividend is set out below:

South African shareholders should note that, in accordance with the requirements of Strate, the last day to trade cum-dividend will be Tuesday, 17 November 2020 and that no dematerialisation or rematerialisation of shares will be possible from Wednesday 18 November 2020 to Sunday, 22 November 2020 inclusive. No transfers between the UK and South African registers may take place between Friday, 30 October 2020 and Friday, 20 November 2020 both dates inclusive. For those shareholders subject to South African Dividend Tax, this will be withheld at the rate of 20% from the amount of the gross dividend of R0.43396 per share paid to South African shareholders, unless a shareholder qualifies for exemption. After the Dividend Tax has been withheld, the net dividend will be R0.34717 per share.

If you are uncertain as to the tax treatment of any dividends you should consult with your own tax advisor.

The Company had a total of 1,266,941,899 ordinary shares in issue at today's date.

Ends

Notes to editors:

About Vivo Energy:

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,200 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.

Vivo Energy has its primary listing on the London Stock Exchange and secondary listing on the Johannesburg Stock Exchange.

For more information about Vivo Energy please visit www.vivoenergy.com