APS Bank Plc

Pre-Annual General Meeting Information • Sep 5, 2022

Extraordinary General Meeting to be Held

5 September 2022 APSB31

Reference is made to company announcement APSB30 of 28 July 2022, which informed that the Board is recommending an interim net dividend via a capitalisation of profits through the issue of new, fully paid up, ordinary shares at nominal value (the "Share Issue"). It was also mentioned that an extraordinary general meeting will be convened to approve the Share Issue (the "Meeting"). Subject to due regulatory approval having been obtained for the Share Issue, the Meeting will be held on Wednesday 19 October 2022 at 11:00 a.m. as a 'remote meeting' in terms of regulation 5 of the Companies Act (Public Companies – Annual General Meetings) Regulations (Subsidiary Legislation 386.23) (the "GM Regulations").

Record Date

The Record Date for the Meeting will be 19 September 2022, which will be used both for the purposes of establishing shareholders' right to receive notice of, and to participate at, the Meeting, as well as to determine entitlement in respect of the Share Issue. Accordingly, shareholders appearing on the Bank's register of members maintained by the Central Securities Depositary of the Malta Stock Exchange as at close of trading on 19 September 2022 (trading session of 15 September 2022) will (1) receive notice of, and will be entitled to participate at, the Meeting, and (2) be entitled to receive their pro rata share of the Share Issue.

Right to put items on the agenda

In terms of article 60 of the Bank's articles of association, any shareholder/s holding not less than 5% of the voting issued share capital of the Bank may: (i) request the Bank to include items on the agenda of the Meeting, provided that each item is accompanied by a justification or a draft resolution to be adopted at the same Meeting; and (ii) table draft resolutions for items included in the agenda of the Meeting. The request to put items on the agenda of the Meeting or the draft resolution shall be submitted to the Bank in hard copy form or in electronic form to investor.relations@apsbank.com.mt by 9 September 2022 and shall be authenticated by the person or persons making it. The Bank will not entertain any requests by shareholders after 9 September 2022.

Further information

Further information relating to the Meeting will be announced at a later date, and published in the Investor Relations section of the Bank's website at apsbank.com.mt/investor-relations.

Unquote

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