Intended Changes in the Supervisory Boards of LHV Group and LHV Pank

Group 1 - LHV Group's Nomination Committee has proposed Kairi Pauskar for election to the Supervisory Boards of both AS LHV Group and AS LHV Pank, with terms of up to three years and five years respectively [1] - The elections for Kairi Pauskar's positions are scheduled for the next Annual General Meeting of LHV Group and by the sole shareholder of LHV Pank [1] - Kairi Pauskar is expected to serve as Chair of the Nomination Committee and the Remuneration Committee, while advising on HR and organizational matters until her official appointments [2] Group 2 - Kairi Pauskar has a background in Information Technology and extensive experience in HR leadership, having worked at companies like Nortal and Wise, where she contributed to significant organizational growth [3] - She has also held leadership roles in anti-financial crime solutions and is involved in entrepreneurship consulting and investment [3] - As of the announcement date, Kairi Pauskar does not hold shares in LHV Group, nor do closely associated persons [3] Group 3 - Rain Lõhmus, Chairman of the Supervisory Board, expressed confidence in Kairi Pauskar's ability to guide LHV Group's future, citing her technology education and experience in high-growth fintech environments [4] - LHV Group is the largest financial group in Estonia, with over 1,100 employees and a customer base of 476,000 for LHV Pank, 109,000 for pension funds, and 177,000 for LHV Kindlustus [4] - LHV Bank Limited, a subsidiary, operates under a UK banking license, serving international fintech companies and SMEs [4]