Bank of Valletta plc

Capital/Financing Update • Apr 29, 2025

BOV505

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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Issue of Series 2 Bonds under the Unsecured Euro Medium Term Bond Programme

The Board of Directors of Bank of Valletta p.l.c (the "Bank") announces that in terms of the Base Prospectus dated 11 October 2024 and following a resolution of the Board on the 29th of April 2025, the Bank has resolved to issue a second series of bonds under its existing Unsecured Euro Medium Term Bond Programme (the "Series 2").

The Bank intends to issue such Series 2 through an initial offer of €100,000,000, with an over-allotment option on the part of the Bank, which may result in such offer being increased to a maximum offer amount of up to €150,000,000 in the event of over-subscription of such initial offer.

Further information, including the publication of the final terms relating to the first tranche of Series 2, will be made available in due course.

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

29 April 2025