Core Points - Coop Pank AS has extended the term of office for Heikko Mäe as a member of the Management Board for an additional 3 years, until February 11, 2029 [1] - Heikko Mäe has been with Coop Pank since February 2020, serving as the Head of Risk and holding positions on the supervisory boards of its subsidiaries [2] - Heikko Mäe holds 164,070 shares in Coop Pank AS and has options for additional shares maturing between 2026 and 2028 [3] Company Overview - Coop Pank is one of the five universal banks in Estonia, with a client base of 224,000 for daily banking services [4] - The bank aims to leverage the synergy between retail and banking to enhance accessibility to everyday banking services [4] - Coop Pank's strategic shareholder is Coop Eesti, a domestic retail chain with 320 stores [4]

Core Insights - Coop Pank's financial performance in October 2025 reflects a stable interest rate environment and gradual economic recovery in Estonia, with a net profit of 2.2 million euros for the month and a year-to-date profit of 23.8 million euros, which is 16% lower than the previous year [6][7]. Financial Performance - The bank's loan portfolio increased by 15 million euros, reaching 2.03 billion euros, with home loans rising by 15 million euros and consumer financing increasing by 1 million euros [7]. - Customer deposits grew by 42 million euros, totaling 1.95 billion euros, with corporate deposits increasing by 31 million euros and private deposits by 1 million euros [7]. - The bank's return on equity was 11.6% in October, and the cost-to-income ratio stood at 55% [6][7]. Customer Growth - The number of clients increased by 1,700 in October, bringing the total to 224,000, while active clients rose by 1,400 to 106,800, marking a 10% growth in the customer base over the year [7][8]. Economic Context - Estonia's economy grew by 0.9% in the third quarter of 2025 compared to the same period in 2024, indicating a positive trend in economic recovery [2]. - The European Central Bank maintained its base interest rates at 2%, contributing to a stable interest rate environment [1]. Innovations and Initiatives - Coop Pank introduced several payment changes in October, including instant payments processed within 10 seconds and enhanced security features [4]. - The bank launched a cashback loyalty program in June, refunding 1% of purchases made in Coop stores, which has attracted new customers [5].

Group 1 - Coop Pank is hosting an investor webinar on 22 October 2025 at 9 am (EET) to present its unaudited financial results for the Third Quarter of 2025 [1] - The webinar will be led by the Chairman of the Management Board, Arko Kurtmann, and the Chief Financial Officer, Paavo Truu, with a Q&A session following the presentation [1] - The webinar will be conducted in Estonian and will be recorded for later publication on the company's website and YouTube account [2] Group 2 - Coop Pank is one of the five universal banks operating in Estonia, with a client base of 221,000 for daily banking services [3] - The bank aims to leverage the synergy between retail business and banking to enhance accessibility to everyday banking services [3] - The strategic shareholder of Coop Pank is Coop Eesti, a domestic retail chain with 320 stores [3]

Group 1 - Coop Pank is hosting an investor webinar on July 18, 2025, at 9 am (EET) to present its unaudited financial results for the second quarter of 2025 [1] - The webinar will be led by the Interim Chairman of the Management Board, Heikko Mäe, and the Chief Financial Officer, Paavo Truu, with a Q&A session following the presentation [1] - Participants must register in advance to join the webinar, and it will be recorded for later publication on the company's website and YouTube account [2] Group 2 - Coop Pank is one of the five universal banks operating in Estonia, with a client base of 216,000 for daily banking services [3] - The bank aims to leverage the synergy between retail business and banking to enhance accessibility to everyday banking services [3] - Coop Pank's strategic shareholder is Coop Eesti, a domestic retail chain with 320 stores [3]

Core Insights - Coop Pank is experiencing solid growth in its loan portfolio due to lower loan burdens and improved investment opportunities, despite ongoing economic uncertainty [1] - The bank has successfully reduced its deposit volume while securing long-term funding through covered bond issuance, allowing for a decrease in more expensive deposits [2] - Coop Pank has expanded its Teacher's Home Loan product to include vocational school teachers and has received recognition as the most recommended bank in Estonia [3] - A new cashback loyalty program has been launched in collaboration with Coop retail, offering customers 1% back on purchases made with Coop Pank debit cards [4] - The bank reported a net profit of 2.4 million euros in May, with a return on equity of 13.1% and a cost-to-income ratio of 50% [5] Financial Performance - The number of clients increased by 1,500 in May, reaching a total of 216,000, while active clients decreased by 800 to 102,400 [6] - Customer deposits decreased by 47 million euros in May, totaling 1.76 billion euros, while the loan portfolio increased by 29 million euros to 1.90 billion euros [6] - Year-over-year, the customer base has grown by 11%, and the loan portfolio has increased by 19% [6] - The bank's net income for the first five months of the year decreased by 17% compared to the same period last year, totaling 12.1 million euros [6]

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]

Core Insights - Coop Pank experienced strong growth in its loan portfolio due to a significant issuance of business and home loans in April 2025 [1] - The bank's loan portfolio quality remains robust despite economic uncertainties, with a new leasing product introduced for used vehicle financing [2] - A deliberate reduction in deposit volume was linked to a successful issuance of covered bonds, providing a stable funding source [3] Financial Performance - The number of clients increased by 1,700 to reach 214,400, while active clients decreased by 100, marking a 12% growth in the customer base year-over-year [5] - Customer deposits decreased by 107 million euros to 1.81 billion euros, with corporate deposits down by 74 million euros and private deposits down by 5 million euros [5] - The loan portfolio grew by 53 million euros to 1.87 billion euros, with business loans increasing by 39 million euros and home loans by 13 million euros [5] - The bank's net profit for April was 1.8 million euros, with a 19% decrease in net profit for the first four months compared to the previous year [5] - Return on equity stood at 10.3% and the cost-income ratio was 53% in April [5]

Core Insights - EfTEN United Property Fund achieved a net profit of €703 thousand in Q1 2025, a significant increase from €94 thousand in Q1 2024, marking the first quarter based on a fully invested portfolio [1][2] - The Fund's revenues rose from €155 thousand in Q1 2024 to €768 thousand in Q1 2025, while costs remained largely stable [1][2] Financial Performance - The increase in income and profit was primarily driven by the strong financial results of Kristiine Shopping Centre and improved profitability from new development phases in the Uus-Järveküla residential area [2] - In Q1 2025, the Fund concluded 27 real rights agreements for terraced and semi-detached houses in Uus-Järveküla, with the developing company earning a profit of €781 thousand [3] - By the end of Q1 2025, nearly 75% of the total project volume (165 housing units) had been sold or reserved [3] Development Updates - A building permit was issued for the final phase of the Uus-Järveküla residential development, which includes 32 terraced houses, with financing secured from Coop Pank AS covering 100% of construction costs [4] - The Fund plans to make its largest distribution in history in Q2 2025, based on dividends from various real estate funds and accrued interests from loans granted to Invego Uus-Järveküla OÜ [5] Financial Position - As of March 31, 2025, total assets of the Fund amounted to €28.36 million, an increase from €27.89 million at the end of 2024 [10] - The net asset value attributable to shareholders was €28.18 million, up from €27.48 million at the end of 2024 [10]

Group 1 - Invego Uus-Järveküla OÜ, financed by EfTEN United Property Fund, has amended its loan agreement with Coop Pank AS, enabling the fund to make its largest profit distribution to investors in history [1] - Almost 80% of the Uus-Järveküla residential area development has been purchased or booked by clients, with Coop Pank AS financing 100% of the construction price for the final 32 terraced houses, expected to be completed in Q1 2026 [2] - The interest margin on the development loan will be reduced by 20 basis points to 450 basis points [2] Group 2 - EfTEN United Property Fund received 1.516 million euros from the project, which includes approximately 1 million euros in accrued interest on owner loans, reducing the balance of owner loans granted by the fund [3] - The fund plans to distribute the accrued interest of approximately 1 million euros along with dividends and interest income to investors in May, amounting to about 7% of the last closing price of the fund unit [4]

Group 1 - Coop Pank AS will pay a dividend of 7.00 eurocents per share for the financial year 2024, with the payment date set for 06.05.2025 [1] - The list of shareholders entitled to receive the dividend will be established as of 02.05.2025, with the ex-date set for 30.04.2025 [1] Group 2 - Coop Pank is one of the five universal banks operating in Estonia, with a client base of 213,000 using its services for daily banking [2] - The strategic shareholder of Coop Pank is Coop Eesti, a domestic retail chain consisting of 320 stores, aiming to enhance the synergy between retail and banking services [2]