Ålandsbanken Abp announces a consent solicitation for its up to SEK 150,000,000 Tier 2 Notes due December 2041 and up to SEK 200,000,000 Tier 2 Notes due March 2043 and initiates procedures in writing

Core Viewpoint - Ålandsbanken Abp is initiating a consent solicitation process for its outstanding Floating Rate Callable Tier 2 Notes, aiming to amend the terms by removing write-down mechanisms to align with regulatory changes [2][3]. Group 1: Consent Solicitation Details - Ålandsbanken is soliciting consent for up to SEK 200,000,000 of 2043 Notes and SEK 150,000,000 of 2041 Notes under its Medium Term Note Programme [2]. - The consent solicitation process allows noteholders to vote for or against the Proposal to amend the terms and conditions of the Notes [3]. - Nordea Bank Abp is acting as the solicitation and tabulation agent for the consent solicitation process [3]. Group 2: Voting and Compensation - Noteholders who vote by the Early Deadline of 26 September 2025 will receive a Consent Fee of 0.10% of the aggregate nominal amount of the Notes voted for [4]. - The payment of the Consent Fee is contingent upon the Proposal being approved by the requisite majority of noteholders [5]. - To participate, noteholders must be registered on a securities account with Euroclear Sweden AB by the Record Date of 25 September 2025 [7]. Group 3: Procedures and Deadlines - Voting forms must be submitted by email to the Solicitation and Tabulation Agent by the Final Voting Deadline of 2 October 2025 [7]. - Results of the Procedures in Writing are expected to be announced on 2 October 2025 [7]. - Detailed terms and conditions of the consent solicitation will be available to noteholders through Nordea [8].