AS LHV Group announces its decision to prematurely redeem the subordinated bonds issued on 28 November 2018. The early redemption is carried out in accordance with the Base Prospectus and its supplements, the Terms and Conditions and the Final Terms of the 1st and 2nd Series of the LHV Group 2028 Subordinated Bonds, according to which the bonds may be prematurely redeemed, in whole or in part, after 28 November 2023 provided that the investors are notified at least 30 days in advance and with the prior consent of the financial supervision authority. The European Central Bank has approved its consent for the premature redemption of the LHV Group 2028 Subordinated Bonds on 23 October 2023.

All 40,000 of the AS LHV Group 2028 Subordinated Bonds under Series 1 and 2 with a nominal value of EUR 1,000 and total value of EUR 40,000,000 will be subject to premature redemption. As a redemption payment, the bondholders will receive the nominal value of their respective bonds along with any accrued interest up to the redemption due date which is 28 November 2028. The amount payable to the investor for one bond shall be EUR 1,015.

The payment date shall be 28 November 2023 and the list of bondholders will be fixed at the end of the working day of the Nasdaq CSD Settlement System on 27 November 2023 (the record date).