Bank of Valletta p l c : Appointment of Chief Commercial Officer

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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:

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Appointment of Chief Commercial Officer

The Bank hereby announces the appointment of Mr Simon Grech as Chief Commercial Officer (CCO). Regulatory approval for Mr Simon Grech has been obtained.

As CCO, Mr Grech will be responsible to lead the Bank's business clients' management function, taking a leadership role to coordinate and maximize the contribution of the Bank's relationship management teams.

Mr Grech's residential address is 7, Ariana, Triq il-Pjazzetta, Attard, Malta.

Mr Grech has been employed within the local financial services industry since 1985. During his years in the industry, Mr Grech has served in various areas, primarily retail banking, corporate and business finance, risk management and financial crime compliance. Mr Grech has occupied various senior positions and leading roles in the afore-mentioned areas over the past two decades. He was also president of the local Institute of Financial Services between 2012 and 2015. Since October 2020, Mr Grech has been heading the Bank's SME Finance area, supporting small and medium sized enterprises with their banking and financing needs, through a number of specialised offices across Malta and Gozo.

Mr Grech holds a Masters in Business Administration from the University of Bangor (Wales) and a Bachelor of Science (Hons.) in Financial Services from the University of Manchester. Mr Grech is also a fellow of the London Institute of Banking and Finance as well as an accredited trainer for the same institute.

There are no matters concerning Mr Simon Grech that require disclosure under the Capital Markets Rules.

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

Company Secretary

21st December 2023