EVLI BANK PLC STOCK EXCHANGE RELEASE OCTOBER 3, 2019 AT 2.45 PM

Evli Bank Plc’s co-determination negotiations have ended. In August 14, 2019, Evli Bank initiated a business reorganization process in business support functions and Group administration. As a result of the negotiations, a total of 23 job descriptions will undergo substantial changes or termination. However, Evli has been able to offer new job descriptions to 14 persons. Evli supports redundant personnel financially and by providing training for re-employment.

EVLI BANK PLC

Maunu Lehtimäki, CEO

For additional information, please contact:
Maunu Lehtimäki, CEO, maunu.lehtimaki@evli.com, tel. +358 50 553 3000

Evli Bank Plc

Evli is a bank specialized in investments that helps institutions, corporations and private persons increase their wealth. The product and service offering includes mutual funds, asset management and capital markets services, alternative investment products, equity research, administration of incentive programs and Corporate Finance services. The company also offers banking services that support clients' investment operations. Evli is the highest ranked and most used institutional asset manager in Finland*.

Evli has a total of EUR 13.3 billion in client assets under management (net 6/2019). The Evli Group’s equity capital totals EUR 69.6 million and its BIS capital adequacy ratio is 14.7 percent (June 30, 2019). The company has more than 250 employees. Evli Bank Plc’s B shares are listed on Nasdaq Helsinki Ltd.

*KANTAR SIFO Prospera External Asset Management Finland 2015, 2016, 2017, 2018, 2019, SFR Scandinavian Financial Research Institutional Investment Services, Finland 2015, 2016 ,2017, 2018.

Distribution: Nasdaq Helsinki Ltd, main media, www.evli.com