Börsiteade

Pealkiri

Notice of calling the Annual General Meeting of Shareholders of Coop Pank AS

Teade

The  Management Board of Coop Pank  AS (registry code10237832, address Narva mnt
4, Tallinn,  Estonia, 15014; hereinafter  the Company)  calls the annual general
meeting of Company's shareholders on 14 April 2021 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 17 March
2021, 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 2020 of Coop Pank AS

To  approve the consolidated Annual Report 2020 of Coop Pank AS, as submitted to
the general meeting.

 1. Profit allocation of Coop Pank AS for the financial year 2020

To approve the proposal of the Management Board for allocating the net profit of
Coop Pank AS in the amount of 7 259 thousand euros as follows:

      * allocate 363 thousand euros to statutory reserve capital;
      * not to allocate profit in any other reserve prescribed by law or
        Articles of Association and not to use the profit for other purposes;
      * not to pay dividend to shareholders and to allocate 6 896 thousand euros
        to retained earnings.

 1. Information on the resignation of a member of the Supervisory Board

Ardo  Hillar  Hansson,  a  member  of  the  Cupervisory Board, has submitted his
resignation  to Coop Pank AS. The last day  of the term of office of Ardo Hillar
Hansson as a member of the Supervisory Board is 14.04.2021.

 1. Election of Supervisory Board member

To elect Viljar Arakas as a new member of the Supervisory Board of Coop Pank AS,
with   authority as of the date of this decision for a term of 3 (three) years.

 1. Overview of the Chairman of the Management Board of the business environment
    and of the financial results for the first two months of 2021

Overview by the Chairman of the Management Board on the business environment and
on the financial results for the first two months of the Company.

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 07 April 2021.
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 Narva mnt  4, Tallinn 4(th) floor, weekdays between
9:00 am  - 5:00 pm  no later  than 12 April  2021 at 17:00 (Estonian  time). The
authorisation  document  templates  are  available  on  the Company´s website at
https://www.cooppank.ee/en/announcements.

In  connection with the spread of  the coronavirus causing COVID-19 disease, the
 management  board of the Company urges the shareholders to appoint Margus Rink,
CEO  of the Company, as  a representative to vote  at the general meeting, using
the       templates       available      at      the      Company's      website
https://www.cooppank.ee/en/announcements,  and not to participate in the general
meeting in person.

The  management board affirms that the necessary measures are taken at the venue
of  the general meeting to protect  the participants to minimise the possibility
of  the  spread  of  the  coronavirus  and  that  the necessary disinfection and
personal  protective  equipment  is  available  at  the venue of the meeting. If
necessary,  the measures  to be  implemented will  be supplemented in accordance
with  the situation prevailing at  the time of the  general meeting and possible
social restrictions.
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
2020 of  the Company  and report  of the  supervisory board),  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, Narva mnt 4 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 23:59 on 30
March  2021, at the e-mail address [email protected] (mailto:[email protected]) or
to  the Company's location at Narva mnt 4,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 Narva mnt 4, 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 23:59 on 11 March 2021 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

Announcement sent by:
Kristjan Seema
Head of Marketing & Communication
Tel: +372 5505 253
e-mail: [email protected]