The Finnish Financial Supervisory Authority has approved Alisa Bank's prospectus prepared for the purpose of listing 58,878,721 new shares in Alisa Bank

ALISA BANK PLC STOCK EXCHANGE RELEASE 16.5.2024 AT 16.45 EEST

THIS STOCK EXCHANGE RELEASE MAY NOT BE PUBLISHED OR DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. FOR FURTHER INFORMATION, SEE "IMPORTANT NOTICE" BELOW.

The Finnish Financial Supervisory Authority has approved Alisa Bank's prospectus prepared for the purpose of listing 58,878,721 new shares in Alisa Bank

Alisa Bank Plc ("Alisa Bank") announced on 10 April 2024 that it had signed an agreement on the combination with PURO Finance Ltd ("PURO Finance") by acquiring all the shares in PURO Finance through a share exchange (the "Combination"). The Combination was completed on 15 May 2024, when Alisa Bank paid the purchase price for PURO Finance, consisting of 58,878,721 new issued shares in Alisa Bank (the "New Shares"). The New Shares were issued in a directed share issue to the shareholders of PURO Finance in relation to the respective number of shares in PURO Finance Ltd sold in the Combination (the "Directed Share Issue").

The Finnish Financial Supervisory Authority has today, 16 May 2024, approved the Finnish language listing prospectus, which has been prepared for the purpose of admitting the New Shares to trading on the official list of Nasdaq Helsinki Ltd (the "Prospectus"). The Prospectus is available as of 16 May 2024 on the webpages of Alisa Bank at https://www.alisabank.com/reports-and-presentations and at the registered office of Alisa Bank at Pursimiehenkatu 4 A, 00150 Helsinki.

ALISA BANK PLC

Board of Directors

Further information:

Juha Saari, Interim CEO, Alisa Bank Plc

juha.saari@alisapankki.fi          

tel. +358 40 6720 595

Distribution:

Nasdaq Helsinki Ltd

major media

www.alisabank.com

Alisa Bank in brief

Alisa Bank Plc is a Finnish digital bank that helps both personal and business customers to manage their day-to-day finances in a flexible and straightforward manner. For savers, we offer an attractive interest rate on deposits. Alisa Bank Plc is regulated by the Financial Supervisory Authority of Finland and listed on Nasdaq Helsinki's main list (ALISA). www.alisabank.com

IMPORTANT NOTICE

This release is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Alisa Bank does not intend to register any securities in the United States or to conduct an offering of securities in the United States.

The distribution of this release may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restrictions. The information contained herein is not for publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, South Africa or the United States. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This release is not directed to, and is not intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction.

This release does not constitute a prospectus as defined in the Prospectus Regulation ((EU) 2017/1129) and as such, does not constitute or form part of and should not be construed as, an offer to sell, or the solicitation or invitation of any offer to buy, acquire or subscribe for, any securities or an inducement to enter into investment activity.

No part of this release, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. The information contained in this release has not been independently verified. No representation, warranty or undertaking, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. Alisa Bank or any of its respective affiliates, advisors or representatives or any other person, shall have no liability whatsoever (in negligence or otherwise) for any loss however arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. Each person must rely on their own examination and analysis of Alisa Bank, its respective subsidiaries, its respective securities and the transaction, including the merits and risks involved.

https://news.cision.com/alisa-pankki-oyj/r/the-finnish-financial-supervisory-authority-has-approved-alisa-bank-s-prospectus-prepared-for-the-pu,c3983105

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