Metro Bank Regulatory News (MTRO)

Metro Bank PLC (LSE: MTRO LN)

22 September 2022

Metro Bank PLC ("Metro Bank")

Legal Entity Identifier: 213800X5WU57YL9GPK89

METRO BANK PLC APPOINTS A NEW NON-EXECUTIVE DIRECTOR

Metro Bank today announces that Dorita Gilinski will join the Board as a Non-Executive Director on 26 September 2022.

Dorita's appointment follows Sally Clark's departure from the Board at the end of June. She was nominated by her father, Jaime Gilinski Bacal, who has a 9.12% shareholding in Metro Bank, through his Spaldy Investments Limited vehicle. Dorita is currently the President of JGB Financial Holding Company and a member of the Board of Directors of Banco GNB Paraguay, and therefore brings significant experience in banking (including digital banking and marketing) as well as strategic planning and stakeholder engagement. Dorita is a graduate of the University of Oxford and holds an MBA from Harvard Business School.

Dorita will not be considered independent for the purposes of the UK Corporate Governance Code, nor will she receive a fee or join any Board committees at this stage.

Following her appointment the Board will comprise 70% independent Directors and 36% women.

Dorita does not hold any directorships in any other publicly quoted companies and there is no further information to be disclosed under the requirements of Listing Rule 9.6.13R in relation to her appointment.

Commenting, Robert Sharpe, Metro Bank Chair said: "I am delighted that Dorita has agreed to join the Board. She brings valuable industry perspective and banking expertise. Her appointment further enhances the Board's commitment to ensure that investor views are considered in all aspects of the Bank's strategy and decision making to maximise shareholder value."

Dorita Gilinski added: "I look forward to joining the Board at this exciting point in the turnaround plan and contributing towards its strategic direction and oversight. Metro Bank continues to make strong progress and I believe it has a very bright future as Britain's leading community bank."

ENDS

Enquiries

For more information, please contact:

Metro Bank PLC

Investor Relations

Jo Roberts +44 (0) 20 3402 8900

Media Relations

Tina Coates / Mona Patel +44 (0)7811 246 016 / +44 (0)7815 506 845

Teneo

Charlie Armitstead/Haya Herbert-Burns +44 (0) 7703 330269 / +44 (0) 7342 031051 Metrobank@teneo.com

About Metro Bank

Metro Bank services 2.6 million customer accounts and is celebrated for its exceptional customer experience. It is the highest rated high street bank for overall service quality for personal customers and the best bank for service in-store for personal and business customers, in the Competition and Market Authority's Service Quality Survey in August 2022. This year it has been awarded "Best Mortgage Provider of the Year" in 2022 MoneyAge Mortgage Awards, "Best Business Credit Card" in 2022 Moneynet Personal Finance Awards and "Best Current Account for Overseas Use" by Forbes 2022. It was "Banking Brand of The Year" at the Moneynet Personal Finance Awards 2021 and received the Gold Award in the Armed Forces Covenant's Employer Recognition Scheme 2021.

The community bank offers retail, business, commercial and private banking services, and prides itself on giving customers the choice to bank however, whenever and wherever they choose, and supporting the customers and communities it serves. Whether that's through its network of 76 stores open seven days a week, 362 days a year; on the phone through its UK-based contact centres; or online through its internet banking or award-winning mobile app, the bank offers customers real choice.

Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. 'Metrobank' is the registered trademark of Metro Bank PLC.

It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Most relevant deposits are protected by the Financial Services Compensation Scheme. For further information about the Scheme refer to the FSCS website www.fscs.org.uk. All Metro Bank products are subject to status and approval.

Metro Bank PLC is an independent UK bank - it is not affiliated with any other bank or organisation (including the METRO newspaper or its publishers) anywhere in the world. Please refer to Metro Bank using the full name.