Bank of Valletta plc

Capital/Financing Update • Oct 1, 2025

BOV531

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:

Quote

Application for Authorisation for Admissibility to listing of Unsecured Euro Medium Term Bond Programme of a maximum amount of €325,000,000 and issue of first series and tranche of bonds.

The Board of Directors of Bank of Valletta p.l.c (the "Bank") approved inter alia the following:

• i) A draft base prospectus in respect of an Unsecured Euro Medium Term Bond Programme of up to €325,000,000 (the "Programme"), and
• ii) Submission of an application requesting admissibility to listing of the Programme to the Malta Financial Services Authority.

Subject to receiving regulatory approval of the base prospectus, the Bank will be issuing the first series and tranche of bonds under the Programme, in the form of an issue of up to €125 million 5% unsecured subordinated bonds (2030-2035).

Further information, including the publication of the base prospectus and final terms, will be made available upon receipt of the necessary approval by the Malta Financial Services Authority.

Unquote

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

01 October 2025