BOCH.L Regulatory News (BOCH)

Announcement

Dividend Payment Options

Nicosia, 10 May 2024

Further to the announcement by Bank of Cyprus Holdings Public Limited Company (the 'Company') dated 20 March 2024 on the receipt of approval from the European Central Bank to pay a cash dividend (subject to approval by shareholders at the Annual General Meeting ('AGM') to be held on 17 May 2024), the Company would like to inform its shareholders who hold their shares in the Company through depositary interests on the Cyprus Stock Exchange ('CSE Shareholders') of the following for any upcoming or future dividend payments:

(a) CSE Shareholders that are customers of Bank of Cyprus Public Company Limited ('BOC') and are not a legal person or person holding shares in the Company through a jointly owned account on the Central Securities Depository and Central Registry ('CSD'):

(i) to the extent that they are 1bank subscribers and active users of the Internet Banking and/ or BoC Mobile app, may elect to receive future dividend payments (if any) by way of electronic transfer to a bank account maintained with BOC registered in their name through Internet Banking (https://online.bankofcyprus.com/Login_UI/Login and then Profile/Dividend Payments) or BoC Mobile app (Personal Information/Dividend Payments) and

(ii) in the event that they are not 1bank subscribers, may become subscribers without any charge and obtain access codes through Internet Banking or BoC Mobile app and submit their instructions in accordance with (i) above.

(b) CSE Shareholders who are legal entities or hold their shares in the Company through a jointly owned account on the CSD and are BOC customers, may submit their request in writing, by completing the relevant authorisation form which can be found here and by following the instructions included in the form.

(c) CSE Shareholders who are not currently BOC customers may become customers by opening an account with BOC via BoC Mobile app and submit their instructions in accordance with (a)(i) above.

(d) CSE Shareholders who would like to receive their dividend payments by way of electronic transfer to an account in another financial institution, may submit their request in writing by submitting the relevant form according to the instructions included in the form. The form can be found here.

In the event that the Company's articles of association ('Articles of Association') are amended, as proposed in the AGM Notice 2024, the Company will no longer have any obligation to send the amount of any dividend payment by cheque if such amount is €2.00 or less (or such other amount as may be determined from time to time). CSE Shareholders who submit instructions for electronic transfers will effectively ensure the payment to them of their dividend irrespective of its amount.

CSE Shareholders' instructions for electronic payments will be accepted at any time and will be processed if received by the Company at least 10 working days prior to the next dividend payment date. Otherwise, the instructions will take effect from the following dividend payment date.

The payment of any dividend is always subject to the provisions of the Articles of Association and applicable laws. Instructions will not be processed in the event of:

a) a pledge of securities;

b) securities held under the control of an operator/ broker;

c) restrictions pursuant to applicable sanctions, anti-terrorism laws or securities laws; or

d) circumstances where certain court orders prevail.

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

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 December 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 2,830 staff worldwide. At 31 December 2023, the Group's Total Assets amounted to €26.6 bn and Total Equity was €2.5 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.