Alisa Bank Plc - Other information disclosed according to the rules of the Exchange

Alisa Bank and PURO Finance have completed their combination

ALISA BANK PLC STOCK EXCHANGE RELEASE 15.5.2024 AT 18.35 EEST

Alisa Bank Plc (“Alisa Bank”) and PURO Finance Ltd (“PURO Finance”) have today
completed their combination, which was announced by a stock exchange release on
10 April 2024 (the “Combination”). Pursuant to the terms of the Combination,
Alisa Bank acquired PURO Finance for a consideration 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 sold in the Combination.

The New Shares represent approximately 40 percent of the shares in Alisa Bank
following the completion of the Combination. The New Shares will be applied to
be listed on the official list of Nasdaq Helsinki following the publication of a
listing prospectus prepared by Alisa Bank, which is expected to take place on or
about 16 May 2024. Trading in the New Shares on the official list of Nasdaq
Helsinki is expected to commence on or about 20 May 2024.

The Extraordinary General Meeting (the “EGM”) elected a new Board of Directors
conditional upon the completion of the Combination. The election of the new
members of the Board of Directors, Sampsa Laine and Jukka Salonen, was further
conditional upon the fit & proper evaluation conducted by the authorities, which
has been finalized for Jukka Salonen. With respect to Sampsa Laine, this
evaluation is still pending, and his term will begin when the aforementioned fit
& proper evaluation has been finalized on his part. With the exception of Sampsa
Laine, the term of the members of the Board of Directors elected at the EGM has
commenced today on 15 May 2024.

ALISA BANK PLC

The Board of Directors

Further information

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

PURO Finance in brief

PURO Finance is a Finnish fintech company specialized in invoice financing for
SMEs. Together with its partners, PURO Finance offers a trusted and seamless
invoice financing service that combines the clients' invoicing, financing,
credit insurance, collection and bookkeeping into a smooth functioning entirety.
The financing products of PURO Finance are sold under a number of brands, such
as Procountor Kassaturva, Isolta Kassaturva, Ecom Kassaturva, POP Pankin
Laskuraha and PURO Finance Laskurahoitus.