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 16.26 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 the share of Alisa Bank's shares and voting rights of TN Ventures Oy,
an entity controlled by Teemu Nyholm, has on 16 May 2024 fallen below 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, Teemu Nyholm's holding in Alisa Bank is 5,497,354
shares, i.e. less than 5 per cent of all shares of Alisa Bank. The reason for
the notification is an event changing the breakdown of shares or voting rights.

Teemu Nyholm'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          Less                 Less than  147,210,903
situation on the   than 5               5 %
date on            %
which threshold
was crossed or
reached
Share reported in  6.31                 6.31
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              5,497,354                  3.73
TOTAL A       5,497,354                  3.73

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

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

Name      % of shares  % of shares and voting rights  Total shares of both
          and voting   through financial instruments
          rights
Teemu     -            -                              -
Nyholm
TN        6.31 %       -                              6.31 %
Ventures
Oy

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