To appoint Auditors for the Financial Year January to December 2017

Bank Of St. Vincent And The Grenadines Ltd

Annual Report 2016

NOTICE OF ANNUAL MEETING

BANK OF ST. VINCENT AND THE GRENADINES LTD. CORPORATE INFORMATION

A LegAcy of PLAnning

A Future of Growth fuelled by Positive Performance

Notice is hereby given that the 31st Annual Meeting of the Shareholders of the Bank of St. Vincent and the Grenadines Ltd. will be held at the Methodist Church Building, Grenville St., Kingstown, May 30, 2017 at 5:00 pm, for the following purposes:

1. To consider and adopt the Report of the Auditors and Audited Financial Statements of the Company for the year ended December 31, 2016

2. To consider and adopt the Directors’ Report

3. To sanction dividends

(i) An interim stock dividend in the amount of $6,000,000 being one (1) for two (2) shares to shareholders

(ii) Pass resolution to waive notice of record date for stock dividend:

REGISTERED OFFICE & POSTAL ADDRESS:

Reigate Granby Street P.O. Box 880 Kingstown VC0 100 St. Vincent and the Grenadines West Indies PARENT COMPANY:

East Caribbean Financial Holding Company Ltd. (ECFH) 1 Bridge Street P.O. Box 1860 Castries St. Lucia West Indies

REGULATORS:

Eastern Caribbean Central Bank Eastern Caribbean Securities Regulatory Commission Financial Intelligence Unit Financial Services Authority Ministry of Finance

EXTERNAL AUDITORS:

We the shareholders of the Bank of St. Vincent and the Grenadines Ltd. having the right to be given notice not less than 7 days before the date fixed for determining the shareholders who are entitled to receive payment of a dividend hereby agree to waive notice of record date for stock dividend declared on February 3, 2017 and allotted on February 6, 2017

(iii) To sanction cash dividend of $0.17 per share paid for the financial year ending December 31, 2016

4. To appoint Auditors for the Financial Year January to December 2017

5. To discuss any other business which may be properly considered at the Annual Meeting

Note: Votes at meetings of shareholders may be given either personally or by proxy or, in the case of a shareholder who is a body corporate or association, by an individual authorized by a resolution of the directors or governing body of that body corporate or association to represent it at meetings of shareholders of the Company. A person appointed by proxy need not be a shareholder. A proxy is enclosed for the use of shareholders and must reach the Corporate Secretary at least 48 hours prior to the date of the meeting.

By Order of the Board

Nandi Williams-Morgan CORPORATE SECRETARY Email:info@bosvg.com Website:www.bosvg.com Telephone:(784)457-1844 Fax:(784)456-2612

Chairman: Sir. Errol Allen Secretary: Mrs. Nandi WilliamsMorgan

LEGAL COUNSELS:

Email:ecfh@candw.lc Website:www.ecfh.com Telephone:(758)456-6000 Fax:(758)456-6702

SUBSIDIARY COMPANY:

Ernst & Young P.O. Box BW 368 Rodney Bay Gros Islet Telephone: 1 758 458-4720 Fax: 1 758 458-4710

Williams & Williams Chambers, Middle Street P.O. Box 589 Kingstown St. Vincent Telephone: (784) 456-1757 Fax:(784) 456-2259 Principal: Mr. Arthur Williams

Regal Chambers Second Floor, Regal Building Middle Street,Kingstown St. Vincent Telephone: (784) 457-2210 Fax:(784)457-1823 Principal: Mr. Grahame Bollers Property Holding SVG Ltd. Bedford Street P.O. Box 880 Kingstown St. Vincent and the Grenadines Telephone:(784)457-1844 Fax:(784)456-2612

AFFILIATIONS: OWNERSHIP IN BANK OF ST.VINCENT AND THE GRENADINES LTD. AS AT 31/12/2016

ECFH 51% NIS 20% The Public & Staff of BOSVG 16.87% Gov’t of SVG 12.13%

Cardinal Law Firm 114 Granby Street P.O. Box 401 Kingstown St. Vincent Telephone: (784)456-1954 Fax:(784)451-2391 Principal: Mr. Andrew Cummings Q.C Members of: Caribbean Association of Banks Caribbean Association of Audit - Committee Members Caribbean Banks Users Group Eastern Caribbean Institute of Banking ECCU Bankers Association St. Vincent and the Grenadines - Bankers Association St. Vincent and the Grenadines - Chamber of Industry and Commerce St. Vincent Employers’ Federation