The supervisory board of AS LHV Group has resolved to change the composition of the audit committee of AS LHV Group due to the upcoming end of term and the preferences of the current members. The supervisory board elected Raivo Hein and Verner Uibo as new members of the audit committee as of March 31, 2023, when the term of current members Urmas Peiker and Kristel Aarna will end, and with term of authorization until March 31, 2026.  The supervisory board also extended the term of Tauno Tats, a current member of the committee, until March 31, 2026.

Verner Uibo is a member of the board and the CFO of the investment company Plural Estonia OU, which provides support to the next generation of founders. Until September 2022, Uibo was the lead auditor of the PricewaterhouseCoopers financial audit department and for 16 years served various companies in the financial sector as well as other large companies. Uibo is a member of the board of the companies TriVer Konsultatsionid OU and MAOLEN OU.

Neither Verner Uibo nor persons related to him own shares in the AS LHV Group. Raivo Hein is a member of the supervisory board of AS LHV Group since 2010 and sits on the supervisory board of AS LHV Pank. Also, he is a member of the supervisory board of AS Puumarket.

He is the owner and the member of management board of OU Kakssada Kakskummend Volti and a management board member of MTU Partli and OU Saarte Sillad and several other companies established for the management of personal investments. Hein and persons related to him own altogether 5,457,380 shares of AS LHV Group. Tauno Tats is a supervisory board member of AS LHV Group since 2013.

Also, he is a member of the supervisory boards of Eften Kinnisvarafond AS, AS Ecomet Invest and OU Eesti Killustik and a member of management board of Ammende Hotell OU, MTU Plate torn and Oueala OU. He is the management board member and one of the owners at Ambient Sound Investments OU as well as a management board member of companies established for the management of investments of the aforementioned companies. Tats does not own shares of AS LHV Group.

Ambient Sound Investments OU owns 10,828,210 shares of AS LHV Group.