Market announcement

Coop Pank AS

LEI code

549300EHNXQVOI120S55

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Credit institution

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

10021

Submission date and time

22.12.2022 11:15:00

Content of announcement in Estonian

Title

Coop Pank AS-i ja CP Varad AS-i ühinemise lõpuleviimine

Message

21. detsembril  2022 kanti äriregistrisse Coop Pank AS-i (Coop Pank) ja CP Varad
AS-i ühinemine. Sellega on ühinemine lõpuleviidud.

Ühinemise  tulemusena sai Coop Pangast CP Varad AS-i õigusjärglane ning CP Varad
AS  kustutati  äriregistrist.  Ühinemise  kandmisega  äriregistrisse läksid Coop
Pangale  üle  kõik  CP  Varad  AS-i  varad,  õigused  ja  kohustused.  Ühinemise
bilansipäevaks  oli 1. juuli 2022. Kuna tegemist  on grupisisese ühinemisega, ei
muutu  selle  tulemusena  Coop  Panga  grupi  konsolideeritud varade, õiguste ja
kohustuste seis.

Coop  Panga poolt varasemalt avaldatud teave ühinemise kohta on kättesaadav siin
(https://view.news.eu.nasdaq.com/view?id=b284e48cc4716b1ade2227d804b9e5f8f&lang=
et)                                    ja                                   siin
(https://view.news.eu.nasdaq.com/view?id=bdc4ad2a7d5514693bf2437baf1043e13&lang=
et).

Lisainfo:
Paavo Truu
Finantsjuht
Telefon: 5160 231

E-mail: [email protected] (mailto:[email protected])

Eesti   kapitalil   põhinev   Coop   Pank   on  üks  viiest  Eestis  tegutsevast
universaalpangast.  Pangal  on  144 700 igapäevapanganduse  klienti.  Coop  Pank
kasutab   jaekaubanduse   ja  panganduse  vahel  tekkivat  sünergiat  ning  toob
igapäevased   pangateenused  kodule  lähemale.  Panga  strateegiline  omanik  on
kodumaine kaubanduskett Coop Eesti, mille müügivõrgustikku kuulub 330 kauplust.

Content of announcement in English

Title

Completion of merger of Coop Pank AS and CP Varad AS

Message

On  21 December 2022 the merger of Coop Pank AS  (Coop Pank) and CP Varad AS was
entered  into the Estonian  Commercial Register. With  the entry, the merger has
been completed.

As  a result of the merger, Coop Pank is  the legal successor of CP Varad AS and
CP Varad AS was deleted from the Estonian Commercial Registry. With registration
of  the merger in the  Estonian Commercial Registry, all  the assets, rights and
obligations of CP Varad AS were transferred to Coop Pank. The balance sheet date
of  the merger was  1 July 2022. Since it  is an intragroup  merger, it does not
have an impact on the consolidated financial position and rights and obligations
of Coop Pank's group.

Earlier  information announced by  Coop Pank about  the merger is available here
(https://view.news.eu.nasdaq.com/view?id=b284e48cc4716b1ade2227d804b9e5f8f&lang=
en)                                   and                                   here
(https://view.news.eu.nasdaq.com/view?id=bdc4ad2a7d5514693bf2437baf1043e13&lang=
en).

Additional information:
Paavo Truu
CFO
Phone: +372 5160 231
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 144,700. 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 330 stores.