Bank of Valletta plc

Share Issue/Capital Change • Jul 21, 2025

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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Resolution 8 (Share Buy-Back (non-cancellable) Programme) – Regulatory Approval Received

Reference is made to Company Announcement BOV 510 issued on the 29 May 2025 wherein the market was informed that all the Ordinary Resolutions, Ordinary Resolutions Special Business and Extraordinary Resolution Special Business, were approved during the 51st Annual General Meeting (AGM) of Bank of Valletta p.l.c. Particular reference is to be made to Resolution 8, which relates to the Share Buy-Back (non-cancellable) Programme, as reproduced below:

• a. That the Directors be and are hereby authorised for all intents and purposes of law, to re-purchase and acquire from any shareholder(s) up to 2,800,000 shares out of the issued and paid up share capital of the Company, at a price ranging from a minimum of €1.70 per share and a maximum of €2.80 per share, or in the event that the purchase occurs after the 26 June 2025, and the nominal value and number of shares in issue would have changed in accordance with Resolution 4 hereof, a maximum number of 3,060,000 shares at a price ranging from a minimum of €1.55 per share and a maximum of €2.55 per share [duly and proportionately adjusted for any share split or bonus issue subsequent to and other than that contemplated in Resolution 4 hereof]. This authorisation is subject to regulatory approval and is hereby granted for a period of 18 months from the date hereof.
• b. That authority is hereby also granted to the Directors to hold any shares acquired for re-sale, or to utilise such acquired shares to distribute them to shareholders, in line with the Bank's applicable distribution policies from time to time, such resale or distribution to be made under such terms as the directors believe are in the best interests of the Bank.

In this regard, the market is hereby informed that regulatory approval has been obtained with respect to Resolution 8 (Share Buy-Back (non-cancellable) Programme).

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

21 July 2025