RFHL’s Duties and Responsibilities as A Publicly Traded Company

Port-of-Spain, Trinidad, November 27, 2025 – Republic Financial Holdings Limited (RFHL) is aware of speculation circulating in the media regarding imminent changes to the composition of our Board of Directors.

We wish to confirm that RFHL adheres to the highest standards of corporate governance, transparency, and regulatory compliance as a publicly listed company governed by The Companies Act, 1995 and The Securities Act, 2012.

All members of the RFHL Board of Directors have and continue to uphold their fiduciary responsibilities to act with integrity, confidentiality and in good faith, all in the best interest of the company. These responsibilities are clearly articulated in The Companies Act, 1995, The Financial Institutions Act, 2008, The Fit and Proper Guideline and The Corporate Governance Guideline issued by the Central Bank of Trinidad and Tobago, and have never been violated.

For over four decades, RFHL shareholders have maintained their right to nominate directors for election in accordance with the company’s by-laws. This practice is enshrined and continues today. In keeping with these rights, earlier in November, a notice of resolutions was issued publicly - via press and online - to ensure all shareholders are appropriately informed so as to participate in our upcoming Annual General Meeting.

We caution against the spread of misinformation and encourage members of the public to refer to our official communication channels for updates about our Group. The public can be assured that we remain committed to safeguarding shareholder value as well as the interests of our customers, shareholders, employees, and the communities we serve.