Bank of Valletta plc

Capital/Financing Update • Jul 26, 2023

BOV/456

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:

BOV Announces New USD Correspondent Banking Partnership with Citi

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Bank of Valletta today announced that it has entered into a new correspondent banking relationship with Citi. The addition of Citi for US Dollar correspondent transactions enhances the current correspondent banking arrangements that BOV has with other international banks. It will also provide direct access to US Dollar cash clearing services.

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions, and individuals with a broad range of financial products and services.

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

26th July 2023