APS Bank Plc — Capital/Financing Update 2025

Nov 18, 2025

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Company Announcement

Successful Closing of Rights Issue

Date of announcement: 18 November 2025 Reference number: APSB99

The following is a Company Announcement by APS Bank plc (or the "Bank") pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority.

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Reference is made to company announcement APSB96 dated 22 October 2025, which communicated details of the Rights Issue to subscribe to new shares at a ratio of 3 new shares for every 11 shares already owned at a subscription price of €0.44 per share.

Following the closing of the Rights Issue Offer Period, i.e. on 14 November 2025, the Bank is pleased to announce that it has successfully raised the amount of €46.4million, resulting in an over-subscription. Consequently, no Excess Shares will become available and the Intermediaries' Offer initially scheduled for 24 November 2025 will not be opening.

All Provisional Allotment Letters (PALs) received are being processed. A company announcement with details of the Allocation Policy and the updated timeline for the listing of the new shares, will follow in the coming days.

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Graziella Bray B.A., LL.D, FCG Company Secretary