SAV-Rahoitus Oyj files a listing application in respect of its EUR 20 million bonds

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

SAV-RAHOITUS OYJ COMPANY RELEASE 2 APRIL 2020 AT 12:00

SAV-Rahoitus Oyj has on 5 April 2019 and 15 November 2019, respectively, issued senior unsecured notes with an aggregate nominal amount of EUR 10,000,000 on each issue date. The bonds mature on 5 April 2021 and they carry a fixed annual interest of 6.0 percent.

SAV-Rahoitus Oyj has today submitted an application for admission to trading of the bonds on the Nasdaq First North Bond Market Helsinki. Trading is expected to commence on 3 April 2020 under the trading code "SRAJ060021".

The Company Description is available in English on SAV-Rahoitus Oyj's website at https://www.sav-rahoitus.fi/sav-rahoitus/sijoittajille and attached to this company release.

2 April 2020

SAV-Rahoitus Oyj

The Board of Directors

Additional information:

Timo Järvinen, CEO, tel. +358 50 547 0007, timo.jarvinen@savrahoitus.fi

Distribution:

Nasdaq Helsinki
www.sav-rahoitus.fi/

SAV-Rahoitus Oyj serves both consumers and the car dealers. For consumers, we grant loans with the relevant vehicle acting as collateral. We also provide consumers with financing to buy used vehicles. The Company has about 400 partner car dealerships throughout Finland. SAV-Rahoitus Oyj is located in the center of Helsinki, where we serve our customers in matters related to contracts and the management of these contracts. Our online service platform allows us to serve consumers and car dealerships across Finland. SAV-Rahoitus Oyj is a Finnish and Finnish-owned public limited company with a turnover of EUR 3.42 million and a balance sheet total of EUR 29.16 million according to the latest financial statements (1 January 2019 - 31 December 2019). Our equity ratio is 10.5%. Elite Sijoitus Oy and Oma Säästöpankki Oyj hold 99.49% of SAV-Rahoitus Oyj's shares. Elite Sijoitus holds 48.75% and Oma Säästöpankki holds 50.74% of the shares.

Important Information

The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or such other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Neither SAV-Rahoitus Oyj, or its representatives, accept any legal responsibility for any violation by any person, whether or not the persons contemplating investing in or divesting SAV-Rahoitus Oyj's securities, including the notes, are aware of such restrictions or not.

This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

This communication does not constitute an offer of notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the notes. Consequently, this communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (iii) high net worth entities falling within Article 49(2) of the Order and (iv) other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). In addition, this communication is, in any event only directed at persons who are "qualified investors" pursuant to the Prospectus Regulation (2017/1129, as amended). Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this release or any of its contents.