LHV Group — Board/Management Information 2025

Oct 24, 2025

LHV Group AS announces the passing of a Supervisory Board member

LHV Group AS announces the passing of a Supervisory Board member

LHV Group AS hereby announces with sadness that its long-serving Supervisory
Board member, Mr Heldur Meerits, has passed away.

Mr Meerits was an important shaper of LHV's strategic choices over the course of
decades. His strategic vision, analytical capability and values-based leadership
helped shape the organisation's culture and growth, and his influence has been
deeply felt across the Estonian financial sector.

LHV Group CEO Mihkel Torim said: "Heldur Meerits was a person who combined an
entrepreneurial mindset with a strong sense of social responsibility. His
actions and words have left a mark on Estonia's economic and civic landscape
that will continue to endure."

The Supervisory Board will be supplemented in accordance with applicable law and
good corporate governance practice.

Further information: [email protected] (mailto:[email protected])

Communications
Paul Pihlak
Head of Communications
Email: [email protected] (mailto:[email protected])