Date of Court Hearing to Sanction the Scheme

BY

BAWAG P.S.K. BANK FÜR ARBEIT UND WIRTSCHAFT UND ÖSTERREICHISCHE POSTSPARKASSE AKTIENGESELLSCHAFT, A WHOLLY OWNED SUBSIDIARY OF BAWAG GROUP AG

ANNOUNCEMENT OF DATE OF COURT HEARING TO SANCTION THE SCHEME

On 14 April 2026, the board of directors of Permanent TSB Group Holdings plc (PTSBGH) and the management board of BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft (BAWAG PSK), a wholly owned subsidiary of BAWAG Group AG (BAWAG), announced that they had agreed the terms of a recommended acquisition of the entire issued share capital of PTSBGH (the Acquisition).

PTSBGH Shareholders voted in favour of the scheme of arrangement (the Scheme) to effect the Acquisition at the Scheme Meeting and the Extraordinary General Meeting on 30 July 2026.

Announcement of date of court hearing to sanction the Scheme

The Board of PTSBGH announces that the hearing of the application by PTSBGH to the High Court of Ireland (the Court) for an order sanctioning the Scheme and any necessary further orders in advance of the satisfaction of all conditions to the Scheme (the Sanction Hearing) has been listed by the Court for hearing at 11am on Tuesday, 27 October 2026 (or such later or other date as the Court may direct).

By order of the Court made on 4 September 2026, any interested party intending to appear at the Sanction Hearing must give notice of their intention to do so to PTSBGH's solicitors, A&L Goodbody LLP, by no later than 5p.m. (GMT) on 28 September 2026. Any affidavit evidence that an interested party intends to rely upon at the Sanction Hearing in support of such appearance must be filed with the Central Office of the Court and served on PTSBGH's solicitors, A&L Goodbody LLP, by that time and date. Information relating to a case-management hearing on 12 October 2026 in advance of the Sanction Hearing and other orders made by the Court on 4 September 2026 relevant to interested parties intending to appear at the Sanction Hearing will be published on PTSBGH's website https://www.permanenttsbgroup.ie. A copy of the originating notice of motion and the supporting affidavit may be obtained from PTSBGH's solicitors A&L Goodbody LLP, upon request made by email addressed to ptsb@algoodbody.com.

The Acquisition remains subject to financial regulatory approval and to the sanction of the Scheme by the Court.

Except as otherwise defined herein, capitalised terms used but not defined in this announcement have the same meanings as given to them in the circular relating to the Scheme published by PTSBGH on 15 May 2026 (a copy of which is published on PTSBGH's website https://www.permanenttsbgroup.ie).

The Directors of PTSBGH accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

Advisers

Disclosure requirements of the Irish Takeover Rules