Bank of Valletta plc

Board/Management Information • Aug 20, 2025

BOV523

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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Regulatory Approval of Non-Executive Director – Prof. Sue Vella (Mary Anne sive Sue)

Reference is made to Company Announcement BOV510 issued on 29 May 2025 whereby Bank of Valletta plc (the 'Bank') informed the market that Prof. Sue Vella was appointed as Non-Executive Director of the Bank at its Annual General Meeting held on 29 May 2025. Prof. Vella's appointment was subject to regulatory approval.

The Bank hereby announces that regulatory approval has now been received for the appointment of Prof. Sue Vella as Director of the Bank.

Prof. Sue Vella brings over twenty years of senior leadership experience to the Board. A seasoned executive, she has held top management roles at the Employment and Training Corporation and Malta Enterprise. She was a member of the EU's Treaty-based Employment Committee for seven years and chaired its technical group and has served actively on the governance boards of various public and non-governmental organisations. Among these, Prof. Vella served as a non-executive director of HSBC Bank Malta between 2016 and 2022.

Prof. Vella currently lectures in Social Policy at the University of Malta, covering (among others) policy analysis; strategy and planning; governance and management and European social policy. She conducts research in various social domains and currently coordinates the Malta team on the European Social Policy Analysis Network. Her academic expertise and management experience span a broad range of areas relevant to a large financial institution, including corporate governance, strategic planning, risk oversight, customer satisfaction, and sustainability.

Prof. Vella holds a Ph.D. in Social Policy from the University of York; a M.Sc. in Social Policy and Planning from the London School of Economics and undergraduate qualifications in psychology and applied social studies from the University of Malta.

Prof. Vella's appointment is effective from 19 August 2025.

There are no matters concerning Prof. Vella that warrant any disclosures in terms of the Capital Markets Rules.

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

20 August 2025