In the closed share offering announced on November 10, 2026, technology co-directors Mareks Rudovičs and Krišjānis Bērzs, both joining INDEXO in October, as well as Jānis Pizičs – head of consumer credit business development at INDEXO Bank, former member of the INDEXO and INDEXO Bank supervisory boards, and candidate for the position of Chairman of the Board of INDEXO Bank, which still requires approval from the Bank of Latvia – signed for 360,000 new IPAS "INDEXO" shares at an issue price of 2.50 EUR per share, investing a total of 900,000 EUR in the company.

On November 12, 2026, the Register of Enterprises registered the corresponding share capital increase of IPAS "INDEXO" by 90,000 EUR. After the share capital increase, IPAS "INDEXO" has a share capital of 10,991,531 EUR and consists of 43,966,124 shares with a nominal value of 0.25 EUR per share.

About the INDEXO financial services group

INDEXO is a financial services group comprising the pension management companies IPAS INDEXO, AS INDEXO Atklātais Pensiju Fonds and INDEXO Asset Management IPAS, as well as AS INDEXO Banka (INDEXO Bank) and AS DelfinGroup.

The Group’s pension companies manage EUR 1.75 billion for 162.2 thousand customer accounts in Latvia. INDEXO Bank, a bank licensed by the European Central Bank, serves 69.8 thousand customers with deposits of EUR 159.9 million and a net loan portfolio of EUR 134.0 million. Data as of 30 September 2026. The Group reached profitability in the first quarter of this year.

More information: https://indexo.lv/en/

Contact information:
Marija Černoštana
INDEXO Head of Legal
E: marija.cernostana@indexo.lv
P: +371 20 006 088