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

10597

Submission date and time

13.09.2023 15:00:00

Content of announcement in Estonian

Title

Kavatsus valida Coop Panga uus juhatuse liige

Message

Coop Pank ASi (edaspidi Pank) nõukogu kavatseb valida Panga uueks juhatuse
liikmeks Karel Parve. Plaanide kohaselt otsustab Panga nõukogu uue juhatuse
liikme ametisse nimetamise 25. septembril 2023 või sellele lähedasel kuupäeval.
Otsuse vastuvõtmine sõltub seadusest tulenevast kohustusest teavitada
Finantsinspektsiooni Panga juhatuse liikme kavandatavast valimisest. Pank
teavitab uue juhatuse liikme ametisse nimetamisest eraldi börsiteatega 25.
septembril 2023 või sellele lähedasel kuupäeval.

Karel Parve on omandanud Bucknell Ülikoolis bakalaureuse kraadi rahvusvahelistes
suhetes.  Alates  2019. aastast  töötab  ta  LHV Pangas, milles viimasena juhtis
privaatpanganduse  valdkonda. Eelnevalt  on ta  töötanud Luminor  Bank ASis ning
Swedbank ASis.

Lisainfo:
Kristjan Seema
Turundus ja kommunikatsioonijuht
Tel: +372 5505 253
e-mail: [email protected]

Eesti   kapitalil   põhinev   Coop   Pank   on  üks  viiest  Eestis  tegutsevast
universaalpangast.  Pangal  on  172 400 igapäevapanganduse  klienti.  Coop  Pank
kasutab   jaekaubanduse   ja  panganduse  vahel  tekkivat  sünergiat  ning  toob
igapäevased  pangateenused inimeste  kodu lähedale.  Panga enamusaktsionäriks on
kodumaine kaubanduskett Coop Eesti, mille müügivõrgustikku kuulub 320 kauplust.

Content of announcement in English

Title

Intention to elect new Member of the Management Board of Coop Pank

Message

The Supervisory Board of Coop Pank AS (the Bank) intends to elect Karel Parve as
the new Member of the Management Board of the Bank. According to the plans, the
Supervisory Board of the Bank will make the decision on electing the new Member
of the Management Board on 25 September 2023 or date close to that date. The
date of adoption of the decision will depend on the statutory obligation to
notify the Estonian Financial Supervision and Resolution Authority of the
proposed election of the Management Board Member.

The Bank informs about the appointment of a new Management Board Member in a
separate announcement on 25 September 2023 or date close to that date.

Karel Pave holds a bachelor's degree in international relations from Bucknell
University. Since 2019, he has been working at LHV Bank, where he last managed
the private banking unit. He has previously worked at Luminor Bank AS and
Swedbank AS.

Additional information:
Kristjan Seema
Head of Marketing and Communications
Phone: +372 5505 253
e-mail: [email protected]

Coop Pank, based on Estonian capital, is one of the five universal banks
operating in Estonia. The bank has 172 400 clients who use everyday banking
services. Coop Pank uses the synergy created between retail trade and banking
and brings everyday banking solutions closer to people. The majority shareholder
of the Bank is a domestic retail chain Coop Eesti, the sales network of which
comprises 320 stores.