As part of a wider board reorganization, Baroness Catherine Ashton has declared her resignation from the Supervisory Board’s member position of AS “Citadele banka”. Baroness Ashton will continue to work with Ripplewood Advisors on other investments.

Bank plans to organize extraordinary General Meeting of Shareholders to re-elect the Supervisory Board of the Bank.

Further information:

Ieva Prauliņa

Head of Corporate Communications

Telephone: +371 67010172

E-mail: Ieva.Praulina@citadele.lv

Mihails Golevs

Head of Investor Relations

Telephone: +371 67778585

E-mail: Mihails.Golevs@citadele.lv

Santa Daniela Kanaška

Investor relations specialist

Telephone: +371 67010991

E-mail: IR@citadele.lv