Market announcement

AS LHV Group

LEI code

529900JG015JC10LED24

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

18639

Submission date and time

25.05.2026 08:00:01

Content of announcement in Estonian

Title

Erste Group alustas LHV Groupi aktsia analüüsimist

Message

Erste Group Bank AG, üks suurimaid panganduskontserne Kesk- ja Ida-Euroopa (CEE)
regioonis, alustas AS-i LHV Group kohta tellitud aktsiaanalüüsi koostamist ning
avaldas esmase aktsiaanalüüsi raporti.

Raportis annab Erste Group LHV Groupi aktsiale ostusoovituse ja 12 kuu sihthinna
4,40 eurot aktsia kohta. Soovitus, sihthind, hinnangud, prognoosid ja muud
analüütilised järeldused on Erste Groupi seisukohad raporti kuupäeva seisuga.
Erste Group võib neid muuta või tagasi võtta.

Erste Groupi analüüs laiendab LHV Groupi aktsia kohta avaldatavate
aktsiaanalüüside valikut, mis toetab LHV Groupi nähtavust rahvusvahelises
investorkogukonnas. Pärast aktsianalüüsi alustamist avaldavad LHV Groupi
aktsiaanalüüse kaks analüüsipakkujat (Erste Group ja Swedbank).

Erste Groupi aktsiaanalüüsi raport ja sellele järgnevad uuendused tehakse
kättesaadavaks LHV Groupi investorlehel: https://investor.lhv.ee/et/aktsiad/.


Oluline teave:

Erste Groupi analüüsiraport on LHV Groupi tellitud. Raport on koostatud Erste
Groupi poolt sõltumatult ja põhineb avalikult kättesaadaval teabel. LHV Group ei
ole raporti koostamiseks edastanud Erste Groupile siseinfot. Analüütilised
järeldused, sealhulgas investeerimissoovitus ja sihthind, väljendavad Erste
Groupi seisukohti ega kajasta LHV Groupi või selle juhtkonna arvamusi,
hinnanguid ega prognoose. Käesolev teade on raporti kokkuvõte ja sisaldab
väljavõtet raportist. See ei kujuta endast LHV Groupi investeerimissoovitust ega
investeerimisnõustamist. Samuti pole see pakkumine LHV Groupi väärtpaberite
müügiks või ostuks ega üleskutse nende ostmiseks või müümiseks. Investorid
peaksid investeerimisotsused tegema iseseisvalt ja tutvuma täieliku raportiga,
sealhulgas selles sisalduvate eelduste, riskitegurite ning huvide konflikti
käsitlevate avaldustega.

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV
Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus, LHV Kindlustus ja
LHV Bank Limited. Grupis töötab ligi 1200 inimest. Aprilli lõpu seisuga kasutab
LHV pangateenuseid üle 500 000 kliendi, LHV hallatavatel II samba
pensionifondidel on üle 105 000 aktiivse kliendi ning LHV Kindlustus pakub
kindlustuskaitset 240 000 kliendile. LHV Groupi tütarettevõte LHV Bank omab
Ühendkuningriigi panganduslitsentsi ning pakub pangateenuseid rahvusvahelistele
finantstehnoloogia ettevõtetele, laene väikese ja keskmise suurusega
ettevõtetele ning jaepanganduse teenuseid.


Investorsuhted
Sten Hans Jakobsoo
Investorsuhete ja ettevõtte arenduse juht
E-post: [email protected]
(https://www.globenewswire.com/Tracker?data=4kV9UCPUVSjTOBo0z-
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Kommunikatsioon
Paul Pihlak
Kommunikatsioonijuht
E-post: [email protected]
(https://www.globenewswire.com/Tracker?data=xAF1G5AuUxsKht0_r114sMAofpLOWsAPULtn
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Content of announcement in English

Title

Erste Group initiates equity research coverage on LHV Group

Message

Erste Group Bank AG, one of the largest banking groups in the Central and
Eastern European (CEE) region, has initiated sponsored research of AS LHV Group
and published its initiation report.

According to the report, Erste Group has assigned LHV Group a Buy rating and a
12-month target price of EUR 4.40 per share. The rating, target price,
estimates, forecasts and other analytical conclusions are solely those of Erste
Group as at the date of the report and may be changed or withdrawn by Erste
Group.

The initiation of coverage by Erste Group broadens the analyst coverage of LHV
Group, supporting greater visibility among the international investment
community. Following this initiation, LHV Group is covered by two equity
research providers (Erste Group and Swedbank).

The Erste Group initiation report, as well as subsequent research updates, will
be made available on the LHV Group investor relations website:
https://investor.lhv.ee/en/shares/.


Important Notice:

Erste Group research coverage is sponsored by LHV Group. The report has been
prepared independently by Erste Group and is based on publicly available
information. LHV Group has not provided Erste Group with inside information for
the preparation of the report. The analytical conclusions, including the
investment recommendation and target price, represent the views of Erste Group
and do not represent the views, estimates or forecasts of LHV Group or its
management. This announcement is a summary and an extract of the report. It does
not constitute an investment recommendation or investment advice by LHV Group,
nor does it constitute an offer to sell or a solicitation to buy or sell
securities of LHV Group. Investors should make their investment decisions
independently and should read the full report, including the assumptions, risk
factors and conflict-of-interest disclosures contained therein.

LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's main subsidiaries are LHV Pank, LHV Varahaldus, LHV
Kindlustus and LHV Bank Limited. The Group employs nearly 1,200 people. As of
the end of April, LHV's banking services are used by more than 500,000
customers, LHV-managed II pillar pension funds have over 105,000 active
customers and LHV Kindlustus provides insurance protection to 240,000 customers.
LHV Bank, a subsidiary of LHV Group, holds a UK banking licence and offers
banking services to international financial technology companies, loans to small
and medium-sized enterprises and retail banking services.


Investor Relations
Sten Hans Jakobsoo
Head of Investor Relations and Corporate Development
Email: [email protected]
(https://www.globenewswire.com/Tracker?data=4kV9UCPUVSjTOBo0z-
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Communications
Paul Pihlak
Head of Communications
Email: [email protected]
(https://www.globenewswire.com/Tracker?data=xAF1G5AuUxsKht0_r114sMAofpLOWsAPULtn
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