AS LHV Group announced its decision to prematurely redeem the additional Tier 1 temporary write-down notes issued on 26 June 2019, registered with ISIN code EE3300111780 (hereinafter: AT1 Bonds). The early redemption will be carried out in accordance with the terms and conditions of AT1 Bonds, which permit full or partial early redemption after 26 June 2024, provided that investors are notified at least 30 days in advance and with the prior consent of the financial supervisory authority. The European Central Bank has granted its consent for the early redemption of the AT1 Bonds on 21 May 2024.

All 200 AT1 Bonds, each with a nominal value of EUR 100,000, totaling EUR 20,000,000, will be prematurely redeemed. Bondholders will receive the nominal value of the respective bonds along with accrued and unpaid interest up to the redemption date. The amount payable to the investor for one bond shall be EUR 102,000.

The payment date shall be 26 June 2024, and the list of bondholders will be fixed on 25 June 2024, at the end of the working day of the Nasdaq CSD settlement system (the record date).