Coop Pank AS announced that the term of office of Rasmus Heinla as a Member of the Management Board of Coop Pank and Head of Consumer Banking will expire on 31.10.2023. In relation to the end of the Management Board member's term of office, Rasmus Heinla shall be recalled from the Supervisory Boards of Coop Pank AS subsidiaries Coop Finants AS, Coop Liising AS and Coop Kindlustusmaakler AS. Rasmus Heinla's mandate as a Member of the Supervisory Boards of subsidiaries of Coop Pank expires on October 31, 2023.

The Supervisory Board of Coop Pank AS decided to carry out a targeted search for a Head of Consumer Banking. A new Management Board Member shall be appointed at the October meeting of the bank's Supervisory Board at the latest.