Evli Oyj — Share Issue/Capital Change 2018

Feb 20, 2018

Evli Bank Plc: Conversion of 168,426 Evli's Series A shares to Series B shares

Evli Bank Plc: Conversion of 168,426 Evli's Series A shares to Series B shares

EVLI BANK PLC STOCK EXCHANGE RELEASE FEBRUARY 20, 2018, 10.15 AM

The Board of Directors of Evli Bank Plc has in its meeting on January 25, 2018
approved requests of shareholders to convert 71,093 Series A shares of Evli Bank
Plc to Series B shares and in its meeting on February 12, 2018 approved requests
of shareholders to convert 97,333 Series A shares of Evli Bank Plc to Series B
shares in accordance with Article 4 in the Articles of Association.

After the conversions, the company's amount of Series A shares totals
15,662,551 and the amount of B shares totals 8,026,369. The conversion does not
affect the total amount of shares which is 23,688,920. The number of votes of
the company's shares is after the conversion 321,277,389.

The conversion of shares was registered in the Trade Register on February
20, 2018. The converted shares will be listed on the Nasdaq Helsinki together
with the old shares on February 21, 2018.

EVLI BANK PLC

Juho Mikola
CFO

For additional information, please contact:
Mikaela Herrala, IR and Communications Manager, Evli Bank Plc, tel. +358 (0)9
4766 9823, mikaela.herrala@evli.com

Evli Bank Plc

Evli is a bank specialized in investments that helps institutions, corporations
and private persons increase their wealth. The product and service offering
includes mutual funds, asset management and capital markets services,
alternative investment products, investment research, administration of
incentive programs and Corporate Finance services. The company also offers
banking services that support clients' investment operations. Evli is the
highest ranked and most used institutional asset manager in Finland*.

Evli has a total of EUR 11.2 billion in client assets under management (net
12/2017). The Evli Group's equity capital totals EUR 72.5 million and its BIS
capital adequacy ratio is 15.0 percent (December 31, 2017). The company has more
than 200 employees. Evli Bank Plc's B shares are listed on Nasdaq Helsinki Ltd.

*TNS Sifo Prospera External Asset Management Finland 2017, SFR Scandinavian
Financial Research Institutional Investment Services, Finland 2017 (shared first
place).

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

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