Bank of Valletta plc

Transaction in Own Shares • Jul 31, 2025

BOV521

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by Bank of Valletta p.l.c. (the "Bank") pursuant to the Capital Markets Rules, issued by the Malta Financial Services Authority:

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Following Company Announcement BOV518 wherein it was communicated that the Bank has received Regulatory Approval with respect to Resolution 8 (Share Buy-Back (non-cancellable) Programme), the Bank would like to inform the market that operations under this programme will commence on the 18 August 2025.

Given the specific purposes for which the buyback programme has been established, it will not be possible to conduct the share buyback programme in full compliance with the safe harbour provisions set out in Article 5 of Regulation (EU) No 596/2014 (as amended) ("MAR") and the relevant provisions of Commission Delegated Regulation (EU) 2016/1052 (the "CDR"). Nevertheless, the Bank intends to comply with the relevant safe harbour provisions set out in article 5 of MAR and the CDR in the execution of the share buyback programme, to the extent practicable, save that volume parameters have not been set in order to facilitate market liquidity in the trading of the Bank's shares.

The share buyback programme will operate in full transparency. Therefore, all transactions executed under the programme (detailed and aggregated) will be disclosed to the market through a weekly Company Announcement and will also be accessible on the Bank's website under the Investor Relations section.

The Bank's in house stockbroking arm will be the executing entity of the share buyback programme on the Malta Stock Exchange.

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 MAR.

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

31 July 2025