Increase of the share capital in connection with the option programme and subscription results

Core Points - Coop Pank AS has decided to increase its share capital by €457,188.16 through the issuance of new ordinary shares [1][4] - The capital increase is intended to facilitate the realization of options issued under the option program approved on November 8, 2019 [2][4] - A total of 70 current and former employees subscribed for 670,900 shares, amounting to €841,979.50, which represents 100% of the issue size [3] Company Information - Coop Pank is one of the five universal banks operating in Estonia, with a client base of 214,400 individuals utilizing everyday banking services [3] - The majority shareholder of Coop Pank is Coop Eesti, a domestic retail chain with a network of 320 stores [3] - Following the capital increase, the total share capital will rise from €70,180,497.31 to €70,637,685.47, resulting in a total of 103,657,207 shares without nominal value [4] Share Issuance Details - The new shares will have a book value of €0.681455 each, with an issue price of €1.255 per share, including a share premium of €0.573545 [4] - The pre-emptive right to subscribe for the new shares is granted exclusively to the Bank's employees who are option holders, excluding existing shareholders [4] - The subscription period for the new shares is set from May 22 to May 29, 2025 [4] Trading Information - Coop Pank plans to apply for the listing and admission to trading of the new shares on the Nasdaq Tallinn Stock Exchange [4] - The estimated first trading day for the new shares will be the day following the registration of the capital increase in the commercial register [4]