Alisa Bank Plc - Major shareholder announcements

Alisa Bank Plc: Notification pursuant to Chapter 9, Section 10 of the Securities Markets Act

ALISA BANK PLC STOCK EXCHANGE RELEASE 16.5.2024 AT 15.58 EEST

Alisa Bank Plc ("Alisa Bank") has today received a notification pursuant to
Chapter 9, Section 5 of the Finnish Securities Markets Act (''SMA''), according
to which Kempinvest Oy has on 16 May 2024 exceeded the notification threshold of
five (5) per cent, related to the completion of the combination of Alisa Bank
and PURO Finance Ltd ("PURO Finance"), which was announced on 15 May 2024.

In accordance with the terms of the combination, Alisa Bank paid a purchase
price for PURO Finance, which consisted of 58,878,721 new issued shares in Alisa
Bank.

According to the notification, Kempinvest Oy's holding in Alisa Bank is
13,392,003 shares, i.e. 9.10 per cent of all shares of Alisa Bank. The reason
for the notification is an acquisition of shares or voting rights.

Kempinvest Oy's total holding of shares and votes in Alisa Bank according to the
notification:

                   % of    % of shares  Total of   Total number of shares
                   shares  and voting   both in %  and voting rights of
                   and     rights                  issuer
                   voting  through
                   rights  financial
                           instruments
Resulting          9.10                 9.10       147,210,903
situation on the
date on
which threshold
was crossed or
reached
Share reported in
previous flagging
notification (if
flagged)

Details of the resulting situation on the date on which the threshold was
crossed or reached:

A: Shares and votes

              Number of                  % of
              shares and                 shares and
              voting                     voting
              rights                     rights
Class/type    Direct(SMA  Indirect (SMA  Direct(SMA  Indirect (SMA
of shares     9:5)        9:6 and 9:7)   9:5)        9:6 and 9:7)
FI4000170915  13,392,003                 9.10
TOTAL A       13,392,003                 9.10

Information in relation to the person subject to the notification obligation:

Kempinvest Oy is not controlled by any natural person or legal entity and does
not control any other undertaking(s) holding directly or indirectly an interest
in Alisa Bank.

For more information, contact:

Juha Saari, interim CEO, Alisa Bank Plc

juha.saari@alisapankki.fi

tel. +358 40 672 0595

Alisa Bank in brief

Alisa Bank is a Finnish digital bank that helps both personal and business
customers to manage their day-to-day finances in straightforward and flexible
manner. We offer comprehensive banking services to ordinary Finns as well as to
small and medium-sized companies. Our company's shares are listed on the main
list of Nasdaq Helsinki (ALISA) and we have a authorisation granted by the
Financial Supervisory Authority. www.alisapankki.com