As a result of the 9-th share emission JSC Akciju komercbanka Baltikums (hereinafter - the Bank) paid up share capital has been increased by LVL 1.8 to LVL 12.325 million. The emission has been fully subscribed to and paid up by the Bank’s shareholder JSC Baltikums Bankas Grupa.

JSC Baltikums Bankas Grupa shares are owned by five residents of Latvia:

· SIA “Alexander Peshkov Family Holdings” – 24,83 %;
· SIA “Sergey Peshkov Holdings” – 24,83 %;
· SIA “Oleg Chepulsky Holdings” – 24,83 %;
· SIA “Andrey Kochetkov Holdings” – 24,83 %;
· SIA “Ivan Ulyanov Holdings” – 0,68 %.

Joint Stock Company Akciju komercbanka Baltikums Articles of Assotiation changes

1. New wording:

3.1. The fixed capital of the Company amounts to 12,325,000 LVL (twelfth million and three hundred twenty five thousand lats). The fixed capital of the Company consists of 12,325,000 (twelfth million and three hundred twenty five thousand lats) shares. The value of one share is 1 LVL (one lat).