ONEBANKPLC Corporate Disclosure — 9 July 2020

(Continuation news of ONEBANKLTD): a right-of-use asset at the date of the initial application on a lease by lease basis. Upon lease commencement the bank recognizes a right-of-use asset and a lease liability. The right-of-use asset is initially measured at the amount of the lease liability plus any initial direct costs incurred by the Bank. The lease liability is initially measured at present value of the future lease (cont.4)