Bank of Valletta plc

Board/Management Information • Aug 2, 2023

BOV/459

COMPANY ANNOUNCEMENT

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

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Regulatory Approval of Non-Executive Director – Mr Nicola Angeli

Reference is made to Company Announcement 454 issued on 25 May 2023 whereby Bank of Valletta plc (the 'Bank') informed the market that Mr Nicola Angeli was appointed as Non-Executive Director of the Bank at its Annual General Meeting held on 25 May 2023. Mr Angeli's appointment was subject to regulatory approval.

The Bank hereby announces that regulatory approval has now been received for the appointment of Mr Nicola Angeli as Director of the Bank.

Mr Angeli resides at Via Claudio Monteverdi, 16, 20900 Monza MB, Italy. Mr Nicola Angeli has extensive knowledge of the European banking sector, accumulated in over 10 years of experience working on transactions in the private and public markets. Based in Italy, he started his career in the Debt Capital Markets team of UniCredit S.p.A., where he assisted medium and large corporates in the execution of financing transactions in the fixed-income market. In 2015 he moved to his current position in the Group M&A and Corporate Development team, where his responsibilities focus on the carrying out of M&A proprietary transactions for the UniCredit Group. Mr Angeli was involved in several transformational inorganic projects, including both M&A and capital markets deals. Mr Angeli has a significant knowledge of the European financial sector across several geographies (e.g. Italy, Germany, Central and Eastern Europe) and sectors (e.g. retail and corporate banking, investment banking, consumer finance and other product factories). Mr Angeli has a master degree cum laude in Banking, Business and Financial Markets and a bachelor of science cum laude in Economics, both from the University of Trento (Italy).

Appointment of Executive Director – Mr Anatoli Grech

The Bank further announces that pursuant to the Bank's the Articles of Association, Mr Anatoli Grech, is hereby being appointed Executive Director of the Bank. Regulatory approval for the appointment of Mr Grech as Executive Director has been obtained.

Mr Anatoli Grech resides at Ħal-Sagħtrija Comp, Blk D, Flat 12, Triq Skapuċċina, Iż-Żebbuġ, Gozo, Malta.

Mr Grech holds the position of BOV Group Chief Compliance Officer. He previously held the position of Head of Strategy and Regulatory Affairs at BOV Asset Management Limited (BOVAM).

Mr Grech is also a member of the Bank's Executive Committee, as well as various other Bank and Group committees. Mr Grech is a Director on the Board of BOVAM and the Chair of the Risk and Regulatory Committee of BOVAM and BOV Fund Services Limited. Mr Grech is a member of the MAPFRE MSV Life plc Risk and Regulatory Committee. He is also a member of the Markets Regulation Committee and Prudential and Supervision Committee of the European Savings and Retail Banking Group and a member of the WSBI-ESBG Task Force on AML.

There are no matters concerning Mr Grech that require disclosure under the Capital Markets Rules.

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Dr. Ruth Spiteri Longhurst B.A., LL.D. Company Secretary

2 August 2023