Correction: Outcome of Subscription to Coop Pank AS Unsecured Subordinated Bonds

Explanation: The percentage of the offer allocation stated in point 4 has been
corrected, as a minor inaccuracy occurred in the original notice due to a
technical error. The correct percentage for point 4 of the allocation is 10.9%.

The   public  offering  of  Coop  Pank  AS  (hereinafter  Coop  Pank)  unsecured
subordinated bonds ended on Friday, 27 March.
In the course of the Offering, up to 10,000 unsecured subordinated bonds of Coop
Pank  with the name of  EUR 6,25 Coop Pank bond  26-2037, with the nominal value
EUR 1,000 each, the maturity date 1 April 2037 and fixed interest rate of 6,25%
per  annum, payable quarterly, were offered. Under the terms of the Offering, in
case  of oversubscription, Coop Pank had the right to increase the volume of the
Offering  by up to 10,000 additional bonds. The Offering was only carried out in
Estonia and not in any other jurisdiction.

Altogether  3 853 investors participated in the issue, subscribing orders in the
total  amount of EUR 57,3 million. This means  that the initial issue volume was
oversubscribed  5,7 times. Coop Pank used its right to increase the issue volume
of  the Offering  by 5,000 additional  bonds, resulting  in the  increase of the
total amount of the Offering to EUR 15 million.

The  Management Board  of Coop  Pank decided  to allocate the subordinated bonds
based on the following principles:

 1. All subscription orders of the same subscriber were summed up.
 2. All subscriptions up to the threshold of EUR 2000 were fulfilled.
 3. Coop Pank's shareholders, existing bondholders and customers subscriptions
    up to the threshold EUR 5000 were fulfilled.
 4. In the part exceeding the volumes specified in points 2 and 3, all offers
    were satisfied to the extent of 10,9%;
 5. The number of bonds with decimal places was rounded to the previous whole
    number.

"Coop Pank's mission is to carry life forward in Estonia. We do this by offering
our customers accessible and high-quality banking services, but also by
providing investors with the opportunity to participate in our growth and
success as investors. We are delighted to see strong interest in our offer,
which confirms investors' trust and belief in the bank's growth plans. We are
especially pleased with the high activity of retail investors, which shows that
over the years a strong and knowledgeable investment community has developed in
Estonia - one that can and wants to invest in bonds and thereby strengthen the
local capital market."

When distributing the bonds, we decided to prioritize the bank's current
customers and investors, to whom we allocated nearly 60% of the total offering
volume. By giving them the opportunity to become either an owner or a bond
investor in the bank, we aim to provide customers with an additional reason to
choose the domestic Coop Pank," commented Coop Pank's Chief Financial Officer,
Paavo Truu.

The  Offering was the first series  under the Coop Pank  bond program created in
2026 and  was  conducted  based  on  the  Base  Prospectus of subordinated bonds
program  approved by the Estonian Financial Supervision and Resolution Authority
on  16 March 2026. The bonds with the ISIN  code EE0000003515 are expected to be
transferred  to the investors' securities accounts  on or about 1 April 2026 and
admitted  to trading on the Baltic Bond List of Nasdaq Tallinn Stock Exchange on
or about 2 April 2026.

Additional info:

Paavo Truu
CFO
Tel: +372 516 0231
e-mail: [email protected] (mailto:[email protected])

Coop  Pank,  based  on  Estonian  capital,  is  one  of the five universal banks
operating  in Estonia.  The number  of clients  using Coop  Pank for their daily
banking  reached 229,800. Coop  Pank aims  to put  the synergy  generated by the
interaction  of retail business  and banking to  good use and  to bring everyday
banking services closer to people's homes. The strategic shareholder of the bank
is the domestic retail chain Coop Eesti, comprising of 320 stores.