Group 1 - The company AB Šiaulių Bankas has redeemed EUR 20 million nominal value of 6.15% fixed rate subordinated second tier notes by exercising the early redemption right on April 24, 2025 [1] - The early redemption was executed because less than 100% of the issued nominal amount qualifies as Tier 2 capital with less than five years remaining until maturity [2] - Following the redemption, Šiaulių Bankas continues to meet capital adequacy requirements with a significant buffer and has strengthened its Tier 1 capital by issuing an Additional Tier 1 (AT1) bond on October 14, 2024 [3]