Approved prospectus of admission of bonds of AB Šiaulių bankas to trading on AB Nasdaq Vilnius

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE STOCK EXCHANGE RELEASE.

Šiaulių Bankas AB, company code 112025254, address Tilžės st. 149, LT-76348 Šiauliai, Lithuania.

On 27 April 2020 the Bank of Lithuania approved the prospectus of admission of all issued 2,000 subordinated bonds with a nominal value of EUR 10,000 each, total nominal value and issue price of bonds 20,000,000 EUR, qualifying as Tier 2 capital (ISIN LT0000404287, hereinafter, the “Bonds”) of AB Šiaulių bankas (hereinafter, the “Bank”) to trading on the regulated market AB Nasdaq Vilnius (Baltic Bond List) (hereinafter, the “Prospectus”, please see the attached documents).

The approved Prospectus is not designated to public offering of Bonds and is designated solely for the purpose of admission thereof to trading on the abovementioned regulated market. Decision on issuance of the Bonds was adopted by the Board of the Bank on 20 December 2019, the Bonds were privately placed and issued on 23 December 2019.

Law firm TGS Baltic was legal advisor in the process of preparation of the Prospectus and listing of bonds in Nasdaq Vilnius AB.

IMPORTANT NOTICE:

This notification is not for distribution to United States newswire services or for dissemination in the United States, Canada, Japan or Australia or elsewhere where such dissemination is not appropriate.

Distribution of this announcement and other information in connection with the securities may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

No offer or invitation to acquire securities of the Bank is being made by or in connection with this notification. The Prospectus is the only legally binding document containing information on the Bank, the Bonds and their admission to trading on the regulated market. The Prospectus is published on the website of the Bank () as well as on and .

Approval of the Prospectus should not be understood as an endorsement of the securities admitted to trading on a regulated market. The potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the securities.

Furthermore, the Prospectus has been prepared on the basis that there was no and there will be no public offers of Bonds based on the Prospectus, as it is established in Regulation 2017/1129.

The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to US persons unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

Additional information

Head of Markets and Treasury

Tomas Varenbergas, ,

Attachments