APS Bank plc - Rights Issue Allocation Policy

On 25 November 2025, APS Bank plc announced the basis of acceptance in relation to the Rights Issue as per the Prospectus dated 22 October 2025.

APS explained that the 67,648,793 lapsed rights of the bank’s Qualifying Shareholders were allocated in Pre-Placement agreements for a total value of €29.8 million. Meanwhile, the remaining rights entitlement of 36,417,388 shares (total value of €16.0 million) attracted applications of 37,727,320 shares (total value of €16.6 million) resulting in an oversubscription of 1,309,932 shares (value of €0.58 million).

The Board of Directors noted that the proportionate entitlement to eligible shareholders which was either subscribed or transferred to other investors was allocated in full.

Meanwhile, with respect to the amount of additional shares applied for by eligible shareholders, the following allocation policy will apply:

• Those applications for up to 30,000 shares will be allotted in full,
• Those applications in excess of 30,000 shares will have the balance over 30,000 shares scaled down by 16.53%.

APS also explained that the new shares will be listed on Friday 28 November 2025 and that trading will begin on Monday 1 December 2025.