Coop Pank — Capital/Financing Update 2026

Feb 11, 2026

Coop Pank AS is planning to have a bond program of subordinated bonds

Coop Pank AS is planning to have a bond program of subordinated bonds

Coop Pank AS is planning to have a bond program of subordinated bonds. The bond
program will be used for the issue of bonds in several different series within
the next 12 months. The issue and contemplated public offering of the first
series of bonds is planned to happen in March or April 2026.

Under the bond program, it is planned to issue altogether up to 40,000 unsecured
subordinated bonds with the nominal value of 1000 euro each and with the final
redemption date of 10 to 12 years as from their issue. The total volume of the
bond program is up to 40 million euro. The company intends to list the unsecured
subordinated bonds in the Bonds' List of Nasdaq Tallinn Stock Exchange.
According to the company's plans, the public offering of the bonds shall be
carried out only in Estonia and such offering is subject to approval of
prospectus by the Financial Supervision Authority. Coop Pank AS will notify
separately of approving the prospectus, commencement of the offering of the
bonds, including subscription terms thereof.

This is not to be construed as an offer or an invite to acquire bonds. The
public offering of the bonds shall not be carried out in any other jurisdiction
than Estonia.

Coop Pank is one of five universal banks operating in Estonia and is based on
Estonian capital. The bank serves 225,800 daily banking clients. Coop Pank
leverages the synergy between retail and banking, bringing everyday financial
services closer to people's homes. Its majority shareholder is Coop Eesti, a
domestic retail group with a network of 320 stores across the country.

Additional information:
Paavo Truu
CFO
Phone: +372 5160 231
E-mail: [email protected]