LHV Group — Board/Management Information 2025

May 1, 2025

LHV Kindlustus renewed mandates of Supervisory Board members

LHV Kindlustus renewed mandates of Supervisory Board members

On 30 April 2025, the shareholders of AS LHV Kindlustus, belonging to the AS LHV
Group consolidation group, resolved to extend the mandates of the current
Supervisory Board members - Madis Toomsalu, Erki Kilu, Veiko Poolgas and Jaan
Koppel - by five years.

When deciding the renewal, Toomsalu's wish to leave LHV Group was taken into
account - accordingly, his mandate as a member of the LHV Kindlustus Supervisory
Board will also end at the time of his resignation.

All four Supervisory Board members have been involved with LHV Kindlustus since
the company was founded. Their shared role is to support the company's strategic
development, ensure the reliable management of the insurance portfolio, guide
the work of the management board, and ensure that the company's activities
comply with both legislative requirements and the internal principles of LHV.

LHV Kindlustus offers a diverse range of property insurance products for both
private and corporate customers. The company operates with the aim of providing
transparent and customer-focused insurance solutions, strengthening LHV Group's
position as an innovative service provider in the local financial sector.

LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's key subsidiaries are LHV Pank, LHV Varahaldus, LHV
Kindlustus, and LHV Bank Limited. The Group employs over 1,160 people. As at the
end of March, LHV's banking services are being used by 465,000 clients, the
pension funds managed by LHV have 113,000 active customers, and LHV Kindlustus
is protecting a total of 174,000 clients. LHV Bank Limited, a subsidiary of the
Group, holds a banking licence in the United Kingdom and provides banking
services to international financial technology companies, as well as loans to
small and medium-sized enterprises.

Priit Rum
Communications Manager
Phone: +372 502 0786
Email: [email protected]
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