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As a result of the 10th share emission JSC Akciju komercbanka Baltikums paid up share capital has been increased by LVL 2.2 to LVL 14.525 million. The emission has been fully subscribed to and paid up by the Bank's shareholder - JSC Baltikums Bankas Grupa.

JSC Baltikums Bankas Grupa shares are owned by five residents of Latvia:

• SIA Alexander Peshkov Family Holdings – 24.83 %;
• SIA Sergey Peshkov Holdings – 24.83 %;
• SIA Oleg Chepulsky Holdings – 24.83 %;
• SIA Andrey Kochetkov Holdings – 24.83 %;
• SIA Ivan Ulyanov Holdings – 0.68 %.

JSC Akciju komercbanka Baltikums Articles of Assotiation Changes

1. New wording:

"3.1. The fixed capital of the Company amounts to 14,525,000 LVL (fourteen million and five hundred twenty five thousand lats). The fixed capital of the Company consists of 14,525,000 (fourteen million and five hundred twenty five thousand lats) shares. The value of one share is 1 LVL (one lat)."