Evli Oyj — Share Issue/Capital Change 2016

Jun 14, 2016

Evli Bank Plc's Board of Directors has decided on a new stock option plan

Evli Bank Plc's Board of Directors has decided on a new stock option plan

EVLI BANK PLC STOCK EXCHANGE RELEASE JUNE 14, 2016, AT 5.00 PM

Evli Bank Plc's Board of Directors has decided on a new stock option plan

Pursuant to the authorization issued by the Annual General Meeting on March
8, 2016, Evli Bank Plc's Board of Directors has decided to grant stock options
to the key employees of the company and its subsidiaries.

The maximum total of stock options to be given is 233,000 and these confer
entitlement to subscribe a maximum total of 233,000 new Evli Bank Plc series B
shares. The stock options are to be marked with the code 2016. The stock options
will not be issued in the book entry system.

The stock options are granted for no consideration to key employees who are in
the service of or being recruited into the service of the Evli Group. In
deviation from shareholders' pre-emptive subscription, the options are granted
to key employees designated by the company's Board in order to increase the key
employees' commitment and work motivation. There is a good financial reason from
the company's perspective for granting stock options because the stock options
are designed to be a part of the incentive and commitment system for the Evli
Group's key employees.

The company's Board decides upon the distribution of stock options to the Evli
Group's key employees. The Board also decides upon the redistribution of any
stock options that may later be returned.

Each stock option entitles its holder to subscribe one (1) new Evli Bank Plc
series B share. The share subscription period starts on June 1, 2020, and ends
on August 31, 2020. The subscription price corresponds to 30% above the
company's volume weighted share price during thirty (30) days trading period
from June 15, 2016 to July 14, 2016 at Nasdaq Helsinki Ltd.

The subscription price of a share subscribed with a stock option may be less
under special cases referred to under item 8. However, the subscription price of
a share subscribed for with a stock option is always at least EUR 80% of the
thirty-day average rate that formed the original subscription price. The
subscription price of the shares is entered in full in the unrestricted equity
fund.

The Terms and Conditions of Evli Bank Plc's Option Program 2016 are attached to
this release.

Evli Bank PLC

Board of Directors

For additional information, please contact
Juho Mikola, CFO, Evli Bank Plc, tel. +358 (0)9 4766 9871, juho.mikola@evli.com

Evli Bank Plc in brief
Evli is a private bank that specializes in investment and helps private persons
and institutions increase their wealth. The Company offers asset management
services, various services related to the capital markets, such as brokerage of
equity and other investment products, market making and investment research, and
Corporate Finance services.

Distribution:
Nasdaq Helsinki Ltd, main media, www.evli.com

Appendix:
Terms and Conditions of Evli Bank Plc's Option Program 2016

[HUG#2020577]

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