RFHL reaffirms commitment with offer to Cayman National Corporation Ltd. Shareholders

Port-of-Spain, Trinidad, May 31, 2025 Republic Bank (Trinidad and Tobago) Barbados Limited (“Republic Bank”), a wholly owned subsidiary of Republic Financial Holdings Limited, has issued an update following its recent announcement regarding a bid to acquire up to the full ownership of Cayman National Corporation Ltd. (“CNC”).

The offer to CNC shareholders has been formally launched, reinforcing Republic Bank’s longstanding commitment to the Cayman Islands and to the valued shareholders of CNC. The offer provides CNC shareholders with a renewed opportunity to realize value from their investment, reflecting Republic Bank’s continued confidence in both CNC’s future and the strength and resilience of the Cayman Islands economy.

Republic Bank has expressed its appreciation for the trust and support of CNC shareholders and emphasized that the initiative is designed to support sustainable long-term growth for all stakeholders.

Further details about the offer, including participation instructions, have been made available on the Cayman Islands Stock Exchange website at https://www.csx.ky/ and directly to shareholders via electronic mail.

Republic Bank maintains industry standard security measures and procedures to prevent unauthorized access to client information. Clients or shareholders will never be asked to provide personal information via email, SMS, or any channel outside Republic Bank’s official channels.