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 price sensitive information

Unique data record identifier

8874

Submission date and time

08.06.2021 08:00:00

Content of announcement in Estonian

Title

LHV Groupi tulemused mais 2021

Message

LHV Group teenis maikuus 4,9 miljonit eurot konsolideeritud puhaskasumit. LHV
Pank teenis puhaskasumit 5,0 miljonit eurot ja LHV Varahaldus 0,4 miljonit
eurot. Eesti kapitalil põhineva finantsgrupi ärimahud näitavad kasvu ning
tulemused edestavad finantsplaanis prognoositut.

Panga jaoks iseloomustasid maikuud eelkõige head tulemused hoiuste ja
teenustasude kasvu osas ning klientide aktiivsuses. Pangaklientide arv suurenes
3900 võrra. Hoiuste kasvu hulgas suurenesid ka maksevahendajate negatiivse
intressiga hinnastatud hoiused. Laenuportfell kasvas kuuga 35,4 miljoni euro
võrra. Laenuportfelli kvaliteet püsib hea, portfelli kasvust tingituna tehti
allahindlusi 0,6 miljoni euro võrra.

Maikuu olulisematest sündmustest selgus Kantar Emori igakevadise Eesti
tööandjate maineuuringust, et LHV Pank on tõusnud töötavate inimeste eelistuste
pingereas 5. kohale ja tudengite silmis kõige hinnatumaks tööandjaks. LHV
privaatpanganduse pangakaartide reisikindlustusele lisandus maikuus COVID-19
kaitse. LHV Finance'i korraldatud toetusprogrammi ?Kes teeb ära?" konkursile
kogunes kogukondadelt üle Eesti 53 toetusprojekti.

Varahalduse juhitavate fondide maht tingituna eelkõige tootlusest mais kasvas.
Suurimad fondid L ja XL näitasid turu parimaid tootlusi. Pensioniklientide arv
püsis aprilliga sarnasel tasemel.

LHV Kindlustus tõi mais turule kasko- ja liikluskindlustuse ja alustas
kindlustustoodete pakkumist kõigile Eesti klientidele. Uue Eesti kapitalil
põhineva kindlustusseltsina on LHV Kindlustuse eesmärk asuda konkureerima seni
välismaiste firmade poolt hõivatud turul. LHV Kindlustuse klientide arv on mai
lõpuks 129 tuhat klienti.

LHV finantsplaan püsib, ärimahud on plaanitust veidi paremad. Tulud edestavad
plaani kõrgemate teenustasude tõttu, kasumit mõjutab positiivselt ka
krediidiportfelli parem kvaliteet. Puhaskasum on finantsplaanist mai lõpuks 3,0
miljoni euro võrra ees.

AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded.

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV
Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus ja LHV Kindlustus.
LHV-s töötab üle 590 inimese. LHV pangateenuseid kasutab 282 000 klienti, LHV
hallatavatel pensionifondidel on 174 000 aktiivset klienti ja LHV Kindlustusega
on kaitstud 129 000 klienti. LHV Ühendkuningriigi filiaal pakub panganduse
taristut enam kui 150 rahvusvahelisele finantsteenuste ettevõttele, mille kaudu
jõuavad LHV makseteenused klientideni üle terve maailma.


Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
E-post: [email protected] (mailto:[email protected])

Content of announcement in English

Title

LHV Group results for May 2021

Message

In May, LHV Group earned EUR 4.9 million in consolidated net profit. LHV Pank
earned EUR 5 million and LHV Varahaldus EUR 0.4 million in net profit. The
business volumes of the Estonian capital based financial group exhibited growth
and the results surpass what was forecast in the financial plan.

For the bank, May was primarily characterised by good results in terms of the
growth of deposits and service fees, and in terms of client activity. The bank
added nearly 3,900 clients. Among the increase in deposits, deposits of payment
intermediaries, priced with a negative interest, also increased. The loan
portfolio increased by EUR 35.4 million during the month. The quality of the
loan portfolio remains good; discounts in the amount of EUR 0.6 million were
made as a result of the growth of the portfolio.

Among the more important events in May, Kantar Emor's annual spring reputation
survey of Estonian employers revealed that LHV Pank now ranks 5th among the
preferences of working people, and has become the favourite employer among
students. In May, COVID-19 additional cover was added to the Travel Insurance
accompanying LHV private banking bank cards. A total of 53 grant projects from
communities across Estonia were submitted to the grant programme 'Who does it?',
organised by LHV Finance.

The volume of funds managed by Varahaldus increased in May, primarily as a
result of the rate of return. The biggest funds, L and XL, showed the best rates
of return on the market. The number of pension clients remained at a similar
level as in April.

In May, LHV Kindlustus introduced comprehensive insurance and motor third party
liability insurance to the market, and began offering insurance products to all
clients in Estonia. As a new insurance undertaking based on Estonian capital, it
is the goal of LHV Kindlustus to begin competing in a market that has so far
been occupied by foreign enterprises. As at the end of May, LHV Kindlustus has
129,000 clients.

LHV's financial plan remains unchanged, business volumes are slightly better
than planned. Revenues are running ahead of schedule as a result of higher
service fees; profit is also positively affected by the higher quality of the
credit portfolio. As at the end of May, net profit is ahead of the financial
plan by EUR 3 million.

AS LHV Group reports are available at: https://investor.lhv.ee/en/reports/.

LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's key subsidiaries are LHV Pank, LHV Varahaldus, and LHV
Kindlustus. LHV employs over 590 people. LHV's banking services are used by
282,000 clients, the pension funds managed by LHV have 174,000 active clients,
and LHV Kindlustus protects a total of 129,000 clients. LHV's UK branch offers
banking infrastructure to 150 international financial services companies, via
which LHV's payment services reach clients around the world.




Priit Rum
LHV Communication Manager
Phone: +372 502 0786
Email: [email protected] (mailto:[email protected])