Bank of Valletta plc

Board/Management Information • Nov 22, 2023

BOV467

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:

Quote

Appointment of Chief Risk Officer

The Bank hereby announces the appointment of Danielle Grima as Chief Risk Officer (CRO). Regulatory approval for Danielle Grima has been obtained.

As CRO, Danielle Grima will be responsible to lead all risk management functions including financial, product, operational, and enterprise risk. By balancing risk management and business innovation, the Bank will continue to deliver the best outcomes for its various stakeholders.

Ms Grima's residential address is 28, Gemini, Triq Ferdinand Calleja, Mosta, Malta.

Ms Grima started her career at the Central Bank of Malta in 2003 as part of the Financial Stability Department, with responsibility for data aggregation and analyses of data received from credit and financial institutions.

She joined Bank of Valletta in 2011 and occupied the role of Head of Enterprise Risk Management Unit, responsible for the oversight of a wide range of risks. She was also Head of Supervisory Coordination Unit, responsible to establish and maintain a strong relationship with the JST, and to manage and coordinate Bank-wide projects and assignments. Ms Grima has been occupying the role of Chief Risk Officer in an acting capacity since April 2023.

Ms Grima holds a Degree in Bachelor of Commerce (Hons) in Banking and Finance from the University of Malta.

There are no matters concerning Danielle Grima that require disclosure under the Capital Markets Rules.

Unquote

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

22 November 2023