Intention to issue bonds

On  6 May 2024, Estonian Financial Supervision and Resolution Authority approved
the  prospectus prepared by Liven  AS (Liven) for the  public offer of bonds and
for  the listing and admission to trading on the Nasdaq Tallinn Stock Exchange's
Baltic  Bond List, according to which Liven  intends to issue up to 30 000 bonds
with  a nominal value of EUR 1 000 per bond in different series over a period of
up  to 36 months.  In May  2024 Liven issued  6 200 green bonds within the first
series of the referred programme.

Liven  announces its intention to issue new  green bonds under the second series
of  the programme and to start  preliminary meetings with professional investors
to  explore  the  demand  and  conditions  for  investors  to participate in the
proposed bond issue.

The bonds will be offered to the public only in Estonia, subject to the approval
of  the  prospectus  supplement  by  the  Financial  Supervision  and Resolution
Authority. Liven will announce the approval of the supplement to the prospectus,
the  commencement of the offer of the  bonds, including the terms and conditions
of the subscription, in a separate announcement.

This  announcement does  not constitute  an offer  or invitation  to sell or the
solicitation  of an offer to  purchase any bonds, nor  will there be any sale or
offer  of bonds in  any jurisdiction in  which such offer,  solicitation or sale
would  be  unlawful  prior  to  the  approval or registration of the prospectus,
absent exemptions or qualifications contained in law.


Joonas Joost
Liven AS CFO
E-mail: [email protected]