Group 1 - Coop Pank AS has appointed Alvar Pihlapuu as a new Member of the Management Board, effective from February 1, 2026, for a term of three years [1] - Pihlapuu will also serve on the Supervisory Boards of Coop Pank's subsidiaries, Coop Liising AS and Coop Kindlustusmaakler AS, for a term of three years [1] - The Management Board of Coop Pank will now consist of six members, including Pihlapuu as Chief Information Officer [6] Group 2 - The Chairman of the Management Board, Arko Kurtmann, emphasizes that a modern bank is fundamentally a technology company, requiring strong digital capabilities and IT solutions to enhance customer experience [2] - Pihlapuu's extensive experience in IT leadership and data governance is expected to support Coop Pank's growth strategy and adaptation to market trends [3] - Coop Pank serves 225,800 daily banking clients and is based on Estonian capital, with Coop Eesti as its majority shareholder [7] Group 3 - Alvar Pihlapuu holds a Master's degree in IT Systems Engineering and has completed executive courses in economics and management from various institutions [4] - His previous roles include senior positions at the Estonian Tax and Customs Board, Holm Bank, Eesti Energia, and Swedbank [5]