FirstCaribbean International Bank : 06 Sep 2022 – FirstCaribbean International Bank Limited – Notice of Material Changes

Notice of Material Change

Notice issued pursuant to section 60 (3)(a) of the Securities Act, Cap. 318A of the laws of Barbados and section 64 (1)(b) of the Securities Act of Trinidad & Tobago

September 1, 2022, Barbados. FirstCaribbean International Bank Limited ("FCIB") is pleased to announce the appointment of Mr. Mark St Hill as chief executive officer effective November 1, 2022, subject to regulatory approval. Mark is FCIB's Managing Director, Retail & Business Banking, and a long-standing member of the bank's executive committee. Mark has been a banker for thirty-two years. His banking experience includes Retail Banking, Corporate Banking, International Banking, Credit Risk, Wealth Management, and Insurance. Mark is also a Fellow of the British Chartered Secretaries & Administrators.

Our current CEO Ms. Colette Delaney will retire effective October 31, 2022. The board wishes to thank Ms. Delaney for her invaluable contribution to the continued success of the bank as CEO and formerly as chief risk officer, including her exemplary leadership during the unprecedented COVID-19 pandemic.

Mr. Dan Wright, Managing Director, Wealth Management, will retire effective February 28, 2023. Mr. Pim van der Burg, FCIB's Managing Director, Corporate and Investment Banking, will assume responsibility for Dan's portfolio effective September 5, 2022. Dan and Pim will work together on transition activities until Dan's retirement. The board wishes to thank Dan for his many years of dedicated service to the bank.

Finally, FCIB's wholly-owned subsidiary, FirstCaribbean International Bank (Barbados) Limited, will close its branch in Dominica on January 31, 2023, subject to regulatory approval.

About FirstCaribbean:

FirstCaribbean is a relationship bank offering a full range of market leading financial services through our Corporate and Investment Banking, Retail and Business Banking and Wealth Management segments. We operate in fifteen (15) countries around the Caribbean, providing banking services through approximately 2,700 employees in 62 branches and offices. We are one of the largest regionally listed financial services institutions in the English and Dutch speaking Caribbean, with US$13 billion in assets and market capitalization of US$1.3 billion.