Management Changes - Oma Savings Bank has confirmed the appointment of Pirjetta Soikkeli as a member of the management team starting from 4 August 2025, serving as Chief Communications Officer [1] - Kalle Virtanen has joined the management team as Chief Operating Officer, effective 1 August 2025 [2] - Pekka Pykäri will leave his position as Chief Risk Officer by 31 August 2025, with a successor to be announced later [3] Management Team Composition - The updated management team as of 4 August 2025 includes: - Karri Alameri, Chief Executive Officer - Sarianna Liiri, Deputy Chief Executive Officer, Chief Financial Officer - Pekka Pykäri, Chief Risk Officer - Ville Rissanen, Chief Digital Information Officer - Hanna Sirkiä, Chief Legal Officer - Pirjetta Soikkeli, Chief Communications Officer - Markus Souru, Head of Service Network - Kalle Virtanen, Chief Operating Officer [2] Company Overview - Oma Savings Bank is a solvent and profitable Finnish bank with over 600 professionals providing services through 48 branch offices and digital channels to over 200,000 customers [4] - The bank focuses on retail banking operations, offering a wide range of banking services, including credit, investment, and loan insurance products, as well as mortgage banking [4] - The core idea of OmaSp is to provide personal service and maintain close relationships with customers, emphasizing premium customer experience and accessibility [5]

Core Insights - Oma Savings Bank Plc's core business remains stable despite challenges from declining interest rates and economic uncertainty, with ongoing improvements in risk management and regulatory compliance [2][3][14] Financial Performance - For the first half of 2025, net interest income decreased by 17.2% year-on-year, totaling EUR 90.9 million, while the second quarter saw a 16.1% decline to EUR 44.0 million [6][12] - Comparable profit before taxes for the second quarter was EUR 19.0 million, a significant increase from EUR 5.5 million in the previous year, while the first half profit before taxes was EUR 21.7 million, down from EUR 29.2 million [4][17] - Total operating income for January-June 2025 decreased by 15.7% to EUR 119.4 million, with a 12.1% decline in the second quarter [12][13] - Operating expenses increased by 31.8% in the first half of 2025, reaching EUR 65.1 million, primarily due to personnel growth and branch network expansion [5][12] Risk Management and Compliance - The bank has initiated a new action plan to enhance risk management, with expenses of EUR 2.6 million recorded in the second quarter, continuing until the end of 2025 [3][15] - The controlled winding down of a non-compliance portfolio has reduced from approximately EUR 240 million to EUR 200 million [3][15] Customer and Market Position - The mortgage loan portfolio grew by 1.2% year-on-year, while the corporate loan portfolio decreased by 7.5% [7][12] - The deposit portfolio increased by 7.9% over the past year, indicating a stable customer base [7][12] - Customer satisfaction remains high, with a focus on enhancing customer service and experience [9][19] Capital and Equity - The total capital ratio strengthened to 18.7% at the end of June 2025, up from 15.6% a year earlier, with accumulated equity reaching EUR 591 million [10][13] Future Outlook - The bank has lowered its earnings guidance for 2025, estimating comparable profit before taxes to be between EUR 50-65 million, influenced by high costs and slower growth in fee and commission income [14][17]

Group 1 - Oma Savings Bank Plc will publish its Half-Year Financial Report for January-June 2025 on 4 August 2025, with results presented by CEO Karri Alameri [1] - A Finnish-language webcast will be held on the same day at 11.00 EET, and the recording will be available later [1] - The bank operates 48 branch offices and digital service channels, serving over 200,000 private and corporate customers [2] Group 2 - OmaSp focuses primarily on retail banking operations, providing a broad range of banking services through its own balance sheet and as an intermediary for partners' products [2] - The bank emphasizes personal service and aims to offer a premium customer experience through both digital and traditional channels [3] - A significant portion of the personnel owns shares in OmaSp, indicating employee commitment and investment in the company's success [3]

Core Idea - Pekka Pykäri, the Chief Risk Officer of Oma Savings Bank, will step down from his management role by August 31, 2025, but will continue in other risk control duties until December 31, 2025 [1][2] Company Overview - Oma Savings Bank is a solvent and profitable Finnish bank, employing around 600 professionals and providing services through 48 branch offices and digital channels to over 200,000 private and corporate customers [3] - The bank primarily focuses on retail banking operations, offering a wide range of banking services, including credit, investment, and loan insurance products, as well as mortgage banking [3] Customer Service Philosophy - The core idea of Oma Savings Bank is to provide personal service and maintain a close relationship with customers through both digital and traditional channels [4] - The bank aims to deliver a premium customer experience through personalized service and easy accessibility, with a strong commitment to customer-oriented development of operations and services [4] - A significant portion of the personnel also owns shares in the bank, indicating a commitment to the company's success and employee engagement [4]

Core Idea - Oma Savings Bank Plc has established a Shareholders' Nomination Committee composed of representatives from its five largest shareholders to prepare proposals for the election and remuneration of the Board of Directors [1][2][3] Nomination Committee Responsibilities - The Nomination Committee is tasked with preparing proposals for the election and remuneration of Board members and identifying potential candidates for the Annual and Extraordinary General Meetings [2][3] - Proposals must be submitted to the Board of Directors by the end of the month preceding the Annual General Meeting or in advance of the Extraordinary General Meeting [3] Company Overview - Oma Savings Bank Plc is a solvent and profitable Finnish bank, serving over 200,000 private and corporate customers through 48 branch offices and digital channels [4] - The bank focuses on retail banking and offers a wide range of services, including credit, investment, and loan insurance products, as well as mortgage banking operations [4] Customer Service Philosophy - The company emphasizes personal service and aims to be close to its customers through both digital and traditional channels, striving for a premium customer experience [5] - Employee development is a priority, with a commitment to versatile tasks and continuous improvement, and a significant portion of the personnel own shares in the bank [5] Nomination Committee Members - The representatives appointed to the Nomination Committee include: - Raimo Härmä from Etelä-Karjalan Säästöpankkisäätiö - Ari Lamminmäki from Parkanon Säästöpankkisäätiö - Jouni Niuro from Liedon Säästöpankkisäätiö - Aino Lamminmäki from Töysän Säästöpankkisäätiö - Simo Haarajärvi from Kuortaneen Säästöpankkisäätiö [6]

Core Viewpoint - Oma Savings Bank Plc has lowered its earnings guidance for 2025 due to high cost levels, increased credit loss provisions, and slower-than-expected growth in fee and commission income [1][3][6] Financial Outlook - The estimated comparable profit before taxes for 2025 is projected to be between EUR 50-65 million, a decrease from EUR 86.7 million in 2024 [1][3][6] - The company's earnings guidance reflects the current market conditions and business situation, with management's insights influencing the forecasts [3][5] Cost Factors - High costs are attributed to investments in risk management, quality processes, IT improvements, and increased headcount [1][2][4] - The decline in market interest rates is also impacting the business outlook for 2025 [2][4] Business Strategy - OmaSp continues to invest in enhancing customer experience across various channels [2][4] - The bank focuses on retail banking operations and offers a wide range of banking services, including credit, investment, and loan insurance products [8] Operational Insights - OmaSp operates 48 branch offices and provides services to over 200,000 customers, emphasizing personal service and accessibility [8][9] - The company aims to develop operations and services in a customer-oriented manner, with a committed workforce that includes employee shareholders [9]

Group 1 - Parkanon Säästöpankkisäätiö's holding in Oma Savings Bank Plc has decreased to 9.99 percent, falling below the 10 percent threshold as of June 12, 2025 [1][2] - Parkanon Säästöpankkisäätiö owns 3,330,000 shares of OmaSp, which corresponds to 9.99 percent of the total shares and voting rights [2] - The total number of shares in OmaSp is 33,317,089, with each share having one vote [2] Group 2 - Oma Savings Bank Plc is a solvent and profitable Finnish bank, providing services through 48 branch offices and digital channels to over 200,000 customers [3] - The bank focuses on retail banking operations and offers a wide range of banking services, including credit, investment, and loan insurance products [3][4] - OmaSp aims to provide a premium customer experience through personal service and easy accessibility, with a commitment to customer-oriented service development [5]

Group 1 - Kalle Virtanen has been appointed as the Chief Operating Officer (COO) of Oma Savings Bank, starting on August 1, 2025 [1][2] - The COO role is newly established and will oversee retail and corporate banking support functions, focusing on operational efficiency and customer experience [2][4] - Virtanen brings over 25 years of experience in banking and finance, having previously led EY's Financial Services Law practice in Finland and worked at Nordea [3][4] Group 2 - The CEO of OmaSp, Karri Alameri, emphasized the importance of strengthening resources in regulatory compliance, risk management, and back-office functions, highlighting the need for experienced leadership [4] - OmaSp is a well-capitalized and profitable Finnish bank, serving over 200,000 customers through 48 branches and digital channels [6][7] - The bank aims to provide personal service and a premium customer experience, with a commitment to employee development and engagement [7]

Core Viewpoint - Parkanon Säästöpankkisäätiö has increased its holdings in Oma Savings Bank Plc to above 10 percent, indicating a significant change in ownership structure [1][2]. Group 1: Shareholding Details - Parkanon Säästöpankkisäätiö now owns 3,329,738 shares of OmaSp, which represents exactly 10.00 percent of the total shares and voting rights [2]. - The total number of shares in OmaSp is 33,292,771, and the previous holding of Parkanon Säästöpankkisäätiö was 9.89 percent [2]. Group 2: Company Overview - Oma Savings Bank Plc is a solvent and profitable Finnish bank, providing services through 48 branch offices and digital channels to over 200,000 customers [3]. - The bank focuses on retail banking and offers a wide range of banking services, including credit, investment, and loan insurance products, as well as mortgage banking operations [4]. - OmaSp emphasizes personal service and aims to provide a premium customer experience, with a commitment to customer-oriented service development [5].

Group 1 - Oma Savings Bank Plc is a solvent and profitable Finnish bank with approximately 500 professionals providing services through 48 branch offices and digital channels to over 200,000 customers [2] - The bank focuses primarily on retail banking operations, offering a wide range of banking services, including credit, investment, and loan insurance products, as well as mortgage banking [2] - The core idea of OmaSp is to provide personal service and maintain a close relationship with customers through both digital and traditional channels, aiming for a premium customer experience [3] Group 2 - The personnel at OmaSp are committed to customer-oriented service development, and the bank supports their career development through versatile tasks and continuous training [3] - A significant portion of the personnel also own shares in OmaSp, indicating a strong alignment of interests between employees and the bank [3]