Remuneration Governance Statement

Alpha Bank London Limited confirms its compliance with the remuneration requirements applicable to UK dual-regulated firms, as set out in the Remuneration Part of the Prudential Regulation Authority (PRA) Rulebook and the Financial Conduct Authority (FCA) SYSC 19D Remuneration Code.

 Our remuneration policies and practices are designed to:

• Align with the Bank’s business strategy, values, and long-term interests;
• Promote sound and effective risk management;
• Discourage excessive risk-taking;
• Support the Bank’s commitment to fair treatment, diversity, and inclusion;
• Comply with all relevant regulatory requirements, including the latest reforms introduced under PRA PS21/25 and FCA PS25/15[1].

 Alpha Bank London applies the remuneration rules in a proportionate manner, consistent with its size, internal organisation, and the nature, scope, and complexity of its activities. The Bank identifies Material Risk Takers (MRTs) in accordance with the qualitative criteria set out by the PRA, and ensures that variable remuneration is subject to appropriate deferral, malus, and clawback arrangements.

 The Remuneration Committee of Alpha Bank London oversees the implementation of the Remuneration Policy, ensuring it remains consistent with regulatory expectations and supports the Bank’s risk appetite and strategic objectives.

 Further details on our remuneration governance and disclosures are available upon request or through our annual Pillar 3 disclosures.

 References: [1] www.bankofengland.co.uk