BOCH Bank Of Cyprus Holdings Public Limited Company

TIDMBOCH

RNS Number : 7690E

Bank of Cyprus Holdings PLC

03 July 2023

Announcement

Buyback of Additional Tier 1 Capital Securities

Nicosia, 3 July 2023

Group Profile

The Bank of Cyprus Group is the leading banking and financial services group in Cyprus, providing a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. At 31 March 2023, the Bank of Cyprus Group operated through a total of 64 branches in Cyprus, of which 4 operated as cash offices. The Bank of Cyprus Group employed 2,883 staff worldwide. At 31 March 2023, the Group's Total Assets amounted to EUR25.4 bn and Total Equity was EUR2.1 bn. The Bank of Cyprus Group comprises Bank of Cyprus Holdings Public Limited Company, its subsidiary Bank of Cyprus Public Company Limited and its subsidiaries.

Following the June 2023 refinancing and offer by Bank of Cyprus Holdings Public Limited Company (the "Offeror") to purchase any and all of its EUR220 mn Fixed Rate Reset Perpetual Additional Tier 1 Capital Securities callable in December 2023 (ISIN: XS1865594870) (the " Capital Securities' "), c.EUR16 mn in aggregate nominal amount of the Capital Securities remained outstanding.

Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiary, the Bank, and the Bank's subsidiaries, the "Group") hereby announces that the Offeror has purchased a further c.EUR7 mn of the Capital Securities in the open market, as part of the Group's ongoing active management of its capital position and liabilities.

For further information, please contact Investor Relations at investors@bankofcyprus.com .

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