Börsiteade

Pealkiri

NOTICE OF CALLING THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

Teade

The  Management Board  of Coop  Pank AS  (registry code 10237832, address Maakri
30, Tallinn,  Estonia, 15014; hereinafter the Company)  calls the annual General
Meeting of Company's shareholders on 13 April 2022 at 13:00 (Estonian time) held
at Tallinna Ülikool conference room "Maximum" (Narva mnt 29, Tallinn, Estonia).

According  to  the  resolution  of  Company's  Supervisory Board, dated 16 March
2022, the  agenda of Company's  annual General Meeting  of shareholders with the
proposals  of Company's Management Board and Supervisory Board to be adopted are
as follows (whereas the Supervisory Board has proposed to vote for the submitted
draft decisions of each item that requires voting in the agenda):

 1. Approval of the consolidated Annual Report 2021 of Coop Pank AS

To  approve the consolidated Annual Report 2021 of Coop Pank AS, as submitted to
the General Meeting.

 1. Profit allocation of Coop Pank AS for the financial year 2021

To approve the proposal of the Management Board for allocating the net profit of
Coop Pank AS in the amount of 13 463 thousand euros as follows:

  * To transfer 673 thousand euros to the legal reserve.
  * To pay dividends in the net amount of 3 eurocents per share. The list of
    shareholders entitled to receive dividends will be established as at
    28.04.2022 COB. Consequently, the day of change of the rights related to the
    shares (ex-dividend date) is set to 27.04.2022. From this day onwards, the
    person acquiring the shares will not have the right to receive dividends for
    the financial year 2021. Dividends shall be disbursed to the shareholders on
    03.05.2022.
  * To transfer the remaining part of the profit to retained earnings.

 1. Overview of the Chairman of the Management Board of the business environment
    and of the financial results for the first two months of 2022

 1. Approval of remuneration policy of the management Board.

To approve the remuneration policy of the members of the Management Board of the
Company as submitted to the General Meeting.

 1. Approval of Company's share option program

To  approve the  share option  program of  the Company  for the period of 2023 -
2025 as submitted to the General Meeting.

 1. Exclusion of pre-emptive subscription rights

The pre-emptive right to subscribe for new shares, issued under Article 3.3.5 of
the  Articles of Association, belongs to  Company employees covered by the share
option  program,  approved  by  the  resolution  of  the 8 November 2019 general
meeting  of the  Company, and  with whom  the Company  has entered into relevant
option  agreements  (Option  Holders).  To  exclude the pre-emptive subscription
rights  of the existing shareholders for the  shares issued to Option Holders in
accordance  with section 3.3.5 of the Articles of Association for the purpose of
executing the share option program of Coop Pank AS.

The  circle of  shareholders entitled  to participate  in the General Meeting is
determined  as of 7 days  prior to the  General Meeting, i.e.  at the end of the
working  day of  the Nasdaq  CSD Estonian  settlement system  on 06 April 2022.
Registration  of participants  will start  an hour  before the  beginning of the
meeting,  i.e. at  12:00. We ask  the shareholders  and their representatives to
arrive  in good  time, taking  into account  the time  required to  register the
participants.

For participating in the General Meeting:

 1. Individual shareholders should submit an identity document, their
    representatives should also hold a valid written authorisation;
 2. legal representatives of corporate shareholders should submit their identity
    document; the authorised representative should also hold a valid written
    authorisation document. In case the corporate shareholder is not registered
    in the Estonian Commercial Register, we ask to provide a valid extract from
    the relevant register where the legal person is registered and from which
    the representative's right to represent the shareholder arises. The extract
    must be in English or translated into Estonian or English by a sworn
    translator or an official equivalent to sworn translator. The documents of a
    foreign shareholder must be legalised or authenticated by apostille, unless
    otherwise provided by an international agreement.

The  shareholder may notify  the Company of  the appointment of a representative
and  the revocation of  the proxy by  sending the documents  to Company's e-mail
address  [email protected] (mailto:[email protected])  or take the above documents
to  the Company's office at Maakri 30, Tallinn, weekdays between 9:00 am - 5:00
pm  no later  than 11 April  2022 at 5:00 pm  (Estonian time). The authorisation
document    templates    are    available    on   the   Company´s   website   at
https://www.cooppank.ee/en/announcements.  If  so  desired,  CEO  of the Company
Margus Rink may be appointed as a representative to vote at the General Meeting.

Documents,  concerning  the  General  Meeting,  draft  decisions  of the General
Meeting  and other  documents submitted  to the  General Meeting pursuant to law
(incl. the notice of calling the General Meeting, draft decisions, Annual Report
2021 of  the Company,  report of  the supervisory  board and Remuneration Report
2021), as  well as  other information  subject to  disclosure, are available for
examination on the Company´s website https://www.cooppank.ee/en/announcements as
well  as on prior notice beginning from  the notification of the General Meeting
until  the  day  of  the  General  Meeting at Company's headquarters in Tallinn,
Maakri  30 on  working  days  from  9:00 am  till  5:00 pm. Please contact us in
advance  at [email protected] (mailto:[email protected])  to request access to the
documents.

Shareholders,  whose shares represent at least  1/20 of the share capital of the
Company,  may demand  the inclusion  of additional  items on  the agenda  of the
annual  General Meeting,  if the  corresponding request  is filed  in writing at
least  15 days prior to the  General Meeting, i.e. at  the latest by 11:59 pm on
29 March  2022, at the e-mail address [email protected] (mailto:[email protected])
or to the Company's location at Maakri 30,Tallinn. A draft decision or rationale
must be submitted at the same time as the proposal to supplement the agenda.

Shareholders,  whose shares represent at least  1/20 of the share capital of the
Company,  may submit to the Company in writing a draft resolution on each agenda
item,   by   posting   the   draft   to   the  e-mail  address  [email protected]
(mailto:[email protected])  or to  the Company's  location at Maakri 30, Tallinn.
The  draft must be submitted in  electronic form or by post  so that it would be
delivered to and received by the Company no later than 3 days before the General
Meeting, i.e. by 11:59 pm on 10 March 2022 at the latest.

At  the General Meeting, shareholders are entitled to receive information on the
activities of the company from the management board. Management board may refuse
to  provide information if there are reasonable grounds for assuming that it may
cause  significant damage  to the  interests of  the company.  In case the board
refuses  to provide information, the shareholder may require the General Meeting
to  decide on  the lawfulness  of the  request or  to submit within two weeks an
application to the court in petition proceedings, to oblige the management board
to disclose information.

Questions  on other organisational issues of the General Meeting are expected on
the  phone +372 669 0900 on working  days or at  e-mail address [email protected]
(mailto:[email protected]).

Sincerely

Magus Rink
Chairman of the Management Board
Coop Pank AS