The Management Board decided to purchase own shares in order to grant them to the employees

The Management Board of iauli Bankas AB (hereinafter the Bank), pursuant to Article 54 (2¹ ) of the Law on Companies of the Republic of Lithuania passed a resolution at the meeting held on 24 January 2023 to acquire 2 491 317 own shares (securities ISIN code LT0000102253) with the aim of granting purchased shares to the employees of the Bank and the Bank's subsidiaries as a deferred part of share-based variable remuneration.

Shares will be purchased on the Nasdaq Vilnius tender offer market on 25-26 January 2023 with a settlement day on 27 January 2023. The acquisition price per share is 0.75 euro.

Additional information:
Tomas Varenbergas
Head of Treasury & Markets
tomas.varenbergas@sb.lt, +370 5 203 22 00