Bank of Valletta plc

Board/Management Information • Jul 1, 2024

BOV482

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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Appointment of Non-Executive Director – Mr Hadrian Sammut

Pursuant to Article 27A of the Bank's Articles of Association, the Bank is hereby announcing the appointment of Mr Hadrian Sammut by co-option as Non-Executive Director. Regulatory approval for the appointment of Mr Sammut has been obtained.

Mr Sammut's residential address is 92, Glenrosa, Triq Victor Vassallo, Attard, Malta.

Mr Sammut has extensive experience in strategic implementation and holistic management of information systems. Over the past thirty-five years, Mr Sammut has been heavily involved in several large-scale projects in the public and private sector.

Mr Sammut has had an extensive career in the field of Information Technology (IT). He started his career at the Central Bank of Malta, implementing their preliminary banking and financial information system. He then joined the Malta Stock Exchange, developing their initial back-office trading application and forming Malta's first Central Securities Depository. Subsequently, he assumed responsibility for the strategic planning and programme management endeavours related to the implementation of the Malta Government's initial Departmental Accounting System. As an associate director with a leading 'Big Four' audit firm, Mr Sammut also provided information system advisory services to local and foreign clients.

Over the last decade, Mr Sammut has also been responsible for various engagements related to IT Governance, performance and compliance across various regulated business sectors, both locally and abroad.

Throughout his career, Mr Sammut has lectured within various local and foreign entities in the business and strategic planning process related to the implementation of technology solutions.

Mr Sammut holds an MBA degree in E-commerce from the University of Malta, BSc (Hons.) degree in computing from the University of Greenwich, UK.

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

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

1 July 2024