AS LHV Group at the Annual General Meeting of Shareholders held on 20 March 2024, approved to recall Sten Tamkivi from the Supervisory Board of LHV Group, effective immediately upon the adoption of this resolution. Appoint Liisi Znatokov as new member of the Supervisory Board of LHV Group, with the term commencing immediately upon the adoption of this resolution and continuing for three years, from 20 March 2024 until 20 March 2027. Liisi Znatokov is an experienced top manager in the field of finance.

From 2017?2023, she was a member of the Management Board and Head of Corporate Banking at Swedbank AS, and a member of the Supervisory Board of Swedbank Liising AS. Her 18 years of banking experience also include leading the pan-Baltic lending division as well as various roles in positions related to credit risk analysis and management. Liisi Znatokov has a master?s degree in business finance and accounting from Tallinn University of Technology, and a bachelor?s degree in business administration.

Liisi Znatokov is the CEO and a member of the Management Board of Apollo Group OÜ and is a Management Board member of the following group enterprises: Apollo Kauplused OÜ, Apollo Kino OÜ, APLSkypark OÜ, FC Kaunas OÜ, Apollo Pay OÜ, APL Digital Solutions OÜ, Holding Services OÜ. She is also the founder, CEO, and a member of the Management Board of Cobalt Financial Technologies Inc. Liisi Znatokov or persons related to her do not own LHV Group shares. Conjointly, LHV Group?s and LHV Pank?s Supervisory Boards elected Liisi Znatokov the Chair of the Risk and Capital Committees of both LHV Group and LHV Pank.

Rain Lõhmus, the previous Chairman will remain a member of the Risk and Capital Committees, there were no other changes decided regarding the committees.