Börsiteade

Pealkiri

Outcome of Inbank Subordinated Bond Subscription

Teade

On Friday, 3 October 2025, the public offering of subordinated bonds of AS
Inbank (hereafter Inbank) ended. 935 investors participated in the issue,
subscribing to subordinated bonds for a total of 21.6 million euros. The initial
issue volume was oversubscribed 4.3 times.

As the initial issue volume of 5 million euros was oversubscribed, Inbank used
its right to increase the issue volume to 8 million euros.

The Management Board of Inbank decided to allocate the subordinated bonds based
on the following principles:

  * All subscription orders of the same subscriber were summed up;
  * All subscription orders above 1,500,000 euros were reduced to 1,500,000
    euros;
  * All subscription orders in the amount of 2,000 euros were accepted in full;
  * Employees of Inbank group, shareholders of AS Inbank and institutional asset
    managers were allocated 62% of the amount subscribed exceeding 2,000 euros;
  * All other investors were allocated 31.24% of the amount subscribed exceeding
    2,000 euros;
  * Rounding was used to determine the whole number of the bonds.


Priit Põldoja, CEO of Inbank, comments on the results:

"I am pleased to see such strong interest in Inbank's subordinated bond issuance
and would like to thank all investors for their trust in Inbank and our growth
strategy. The issued bonds strengthen Inbank's capital base and support the
execution of our strategy across all five of our markets, enabling us to
continue international growth and to invest in innovative technologies and new
products that create added value for both merchants and customers."

The offering was conducted based on the base prospectus of subordinated bonds
program registered by the Estonian Financial Supervision and Resolution
Authority (FSA) on 22 September 2025 and the final terms of the subordinated
bonds approved by the Management Board of Inbank on 18 September 2025.

As a result of the issue, Inbank issued subordinated bonds with a nominal value
of 1,000 euros and an interest rate of 6.25% per annum. The maturity date of the
bonds is 10 years. Inbank has an early redemption right after 5 years subject to
permission from the Estonian Financial Supervision and Resolution Authority.

The bonds will be transferred to the investors' securities accounts presumably
on 9 October 2025 and will be admitted to trading on the Baltic Bond List of
Nasdaq Tallinn Stock Exchange on or about 10 October 2025.

Inbank is a financial technology company with an EU banking license that
connects merchants, consumers and financial institutions on its next generation
embedded finance platform. Partnering with more than 5,700 merchants, Inbank has
931,000+ active contracts and collects deposits across 7 markets in Europe.
Inbank bonds are listed on the Nasdaq Tallinn Stock Exchange.

Additional information:
Styv Solovjov
AS Inbank
Head of Investor Relations
+372 5645 9738
[email protected]