Lombard Bank Malta Plc

Board/Management Information • Feb 15, 2022

COMPANY ANNOUNCEMENT

The following is a Company Announcement by Lombard Bank Malta p.l.c. (the 'Bank') pursuant to the Capital Markets Rules of the Malta Financial Services Authority:

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Lombard Bank Malta p.l.c. (the 'Bank') hereby announces that following the demise of Mr Michael Zammit on 3 February 2022 (refer to Company Announcement LOM 263) the Board of Directors today co-opted Mr Peter Perotti of 4, St Dominic Street, Attard as non-executive director of the Bank and as a member of the Bank's Audit & Risk Committee and Suitabilities & Evaluations Committee. This appointment is subject to regulatory approval.

Mr Perotti has served in the financial services industry for over forty years having worked with the Bank of Valletta Group from 1979 until his retirement in 2020. During these years, he occupied various positions including Chief Officer Retail Banking and Chief Officer Fund Business with direct responsibility for the Bank's subsidiaries BOV Asset Management Limited and BOV Fund Services Limited.

Mr Perotti is an Associate of the Chartered Institute of Bankers (ACIB). He also currently occupies other non-executive directorship positions.

The effective date of Mr Perotti's appointment shall be that upon receipt of regulatory approval. He shall hold office until the Bank's next Annual General Meeting and shall be eligible for re-election.

There are no disclosures to be made in terms of Capital Markets Rules 5.20.5 to 5.20.9.

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Helena Said Company Secretary

15 February 2022