APS Bank Plc

Share Issue/Capital Change • Sep 30, 2025

Company Announcement

Rights Issue: Record Date and Terms of Offer

Date of announcement: 30 September 2025 Reference number: APSB92

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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APS Bank plc refers to Company Announcement APSB91, published on 15 September 2025, communicating its intention to raise c. €45 million in new equity via a Rights Issue of ordinary shares.

Terms of Offer and Record Date

Subject to regulatory approval, the Bank is pleased to announce that it will be offering its shareholders the opportunity to subscribe for new ordinary shares in the aggregate, at a ratio of 3 new ordinary shares for every 11 shares held (3:11) at a price of €0.44 per share. In the event that the Rights Issue is not subscribed in full, the lapsed rights will be offered to the general public via an Intermediaries' Offer, also at a price of €0.44 per share.

The Rights Issue will be offered to shareholders appearing on the Bank's Register of Members maintained by the Central Securities Depository of the Malta Stock Exchange on Monday 6 October 2025 (last trading date, Thursday 2October 2025) (the "Record Date").

All new ordinary shares will have the same rights and entitlements as all other ordinary shares currently in issue, and shall rank pari passu with them.

Regulatory Approval and Outline of the Rights Issue

As already announced, the Bank is at an advanced stage to obtain regulatory approval for the Rights Issue from the Malta Financial Services Authority. The prospectus and relative application forms are expected to be published in the second half of October 2025.

Further announcements will be made as and when required.

Disclaimer:

ANY DECISION TO PURCHASE, SUBSCRIBE FOR, ACQUIRE, SELL OR OTHERWISE DISPOSE OF SHARES DURING THE RIGHTS ISSUE MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN THE PROSPECTUS ONCE PUBLISHED.

For the purposes of article 2(1)(b)(i) of Commission Implementing Regulation (EU) 2016/1055, the Bank hereby announces that this company announcement includes 'inside information' in terms of Regulation (EU) 596/2014 (the Market Abuse Regulation).

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