Statement By Permanent TSB Group Holdings plc

Permanent TSB Group Holdings plc. (the Company) is pleased to announce the appointment of Mr. Paul McCann as Interim Chief Financial Officer (CFO) effective immediately.  Mr. McCann is a former Managing Partner of Grant Thornton and is currently a senior Partner in that firm's Financial Services Advisory Department.

Paul was Managing Partner of Grant Thornton for six years (2012 - 2017). In his role as a senior Partner in the Firm's Financial Services Advisory department he exclusively advises banks, financial institutions and asset management companies on risk, regulatory, consulting and advisory engagements. In recent years, Paul has taken an active role in Grant Thornton International, including acting as Global Head of Advisory.

Speaking today, Permanent TSB CEO, Eamonn Crowley said; 'Paul's knowledge and understanding of our business will be a huge asset to the Bank and he brings with him a wealth of leadership, commercial and international banking sector experience. I look forward to working with Paul in the weeks and months ahead as we evolve our business and achieve our Ambition of becoming Ireland's best personal and small business bank.'

Commenting on his appointment today, Paul McCann said: 'I am delighted to be taking on the role of Interim CFO at Permanent TSB. I believe in the Bank's potential for future growth and I look forward to working with Eamonn and the wider team to bring Permanent TSB to its next stage.'

The bank is continuing with a recruitment process for the role on a permanent basis and will update the market in due course.

Nicola O'Brien | Head of External Reporting & Investor Relations

Nicola.obrien@permanenttsb.ie | +353 87 148 2275

Leontia Fannin | Head of Corporate Affairs and Communications

Leontia.Fannin@permanenttsb.ie | +353 87 973 3143