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 17 April 2024 at  1:00 pm (Estonian time)
held  at  Mövenpick  Hotel  Tallinn  (previous  L'Embitu  hotel) conference room
"Leiger" (Lembitu str 12, Tallinn, Estonia).

According  to  the  resolution  of  Company's  Supervisory Board, dated 20 March
2024, 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 2023 of Coop Pank AS

To  approve the consolidated Annual Report 2023 of Coop Pank AS, as submitted to
the General Meeting.

 1. Profit allocation of Coop Pank AS for the financial year 2023

To approve the proposal of the Management Board for allocating the net profit of
Coop Pank AS in the amount of 39 204 thousand euros as follows:

  * To transfer 1 960 thousand euros to the legal reserve.
  * To pay dividends in the net amount of 8,70 eurocents per share. The list of
    shareholders entitled to receive dividends will be established as at
    03.05.2024 COB. Consequently, the day of change of the rights related to the
    shares (ex-dividend date) is set to 02.05.2024. For shares acquired from
    this day onwards, the shareholder is not entitled to receive a dividend for
    the Company's 2023 financial year. Dividends shall be disbursed to the
    shareholders on 07.05.2024.
  * 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 2024.

Chairman of the Management Board's overview to the shareholders of the business
environment and Company's financial results for the first two months of 2024.

 1. Appointment of independent covered pool monitor

Appoint KPMG Baltics OÜ (registry code 10096082) as the independent covered pool
monitor  for  the  covered  bond  portfolio  of  Coop Pank AS. The powers of the
independent  covered  pool  monitor  begin  when  Coop  Pank  AS  is  granted an
additional license to issue covered bonds and last until 31.12.2027.
To  authorize the management board to conclude  a contract with the covered pool
monitor.

Explanation:  In  2024, Coop  Pank  AS  plans  to  submit  an application to the
Financial  Supervision Authority for an additional activity license enabling the
issuance  of  covered  bonds,  preparations  for  submitting  the  corresponding
application  are in the process. After obtaining the additional activity license
enabling  the issuance of covered bonds, Coop  Pank AS decides when to issue the
covered  bonds. Coop Pank AS informs about the issuance of covered bonds and its
conditions  in a  separate stock  exchange announcement  after Coop  Pank AS has
adopted the relevant final decisions.

Pursuant to the law, in order to issue covered bonds, it is necessary to appoint
an independent covered pool monitor of the collateral assets of the covered bond
portfolio. The independant monitor may be an auditor company. In accordance with
the law, the decision to appoint the independent covered pool monitor is within
the competence of the general meeting.

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 10 April 2024.
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 15 April  2024 at 5:00 pm  (Estonian time). The authorisation
document    templates    are    available    on   the   Company´s   website   at
https://www.cooppank.ee/en/general-meetings.  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
2023 of  the Company,  report of  the supervisory  board and Remuneration Report
2023), as  well as  other information  subject to  disclosure, are available for
examination on the Company´s website https://www.cooppank.ee/en/general-meetings
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
02 April  2024, 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 14 April 2024 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

Margus Rink
Chairman of the Management Board

Coop Pank AS