FIMBank Plc

Board/Management Information • Dec 1, 2023

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by FIMBank p.l.c. ("FIMBank" or the "Bank") pursuant to the Malta Financial Services Authority Capital Markets Rules 5.16 et seq., in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as may be amended from time to time.

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Further to Company Announcement FIM330, dated 5 May 2023 and Company Announcement FIM331 dated 27 June 2023, FIMBank announces that regulatory approval has been obtained for the appointment of Mr. Mohammed Louhab, an Algerian national, residing at 239A, Flat 6, Tower Road, Sliema, Malta, as the Group Chief Executive Officer and as an Executive Director of the Bank, with effect from 30th November 2023.

Mr. Mohammed Louhab has been Financial Advisor at Burgan Bank (Kuwait) since 2021 and was Financial Advisor at UGB (Bahrain) from 2015 to 2020. Mr Louhab is also a Director on the Board of Directors at Tunis International Bank (TIB) and Gulf Insurance Company since 2015. He is also the Chairperson of the TIB Board Audit Committee. Mr. Louhab was chairman of CNEP Bank, Chief Executive Officer of Trust Bank as well as AGBank (KIPCO Group). Before heading various banks, Mr. Louhab was responsible at the BA (Banque d'Algérie: Central Bank) for banking regulation and thereafter for credit control and refinancing.

Mr. Mohammed Louhab holds a License in Economy and a Magister in Management from the Institute of Political Studies, Algiers (1971-1975). In addition, he holds a Master in Banking from the Institut des Techniques Bancaires, Paris (1978-1982) and an academic qualification in High Studies of Banking Economy from FINAFRICA, Milan (1982).

Mr. Mohammed Louhab does not presently hold and has not held at any time in the past five (5) years, a directorship in any other local issuer.

There are no matters concerning Mr. Louhab that require disclosure under Capital Markets Rules 5.20.5 to 5.20.9.

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Andrea Batelli Company Secretary

01 December 2023