Oma Savings Bank Plc (OmaSp or Company) initiates change negotiations under Chapter 3 of the Act on Co-operation to ensure the Company's future competitive advantage. The subject of the change negotiations are the directors and managers of OmaSp, for whom the need for reduction and re-resourcing target is less than 10 people. The purpose of the new operating model is to further improve the services provided by the bank to the customer. Future measures will have no impact on the scope of the current service network.

CEO Pasi Sydänlammi:
”We will initiate development measures in a situation where the Company's performance is at an excellent level. OmaSp is known as the fastest growing bank in the Nordic countries and the most profitable bank in Finland. Our eyes are on the Company's future, and we are purposefully building the foundation for future success. The organizational structure needs to be streamlined after years of organic growth and the last two acquisitions. In addition, we are preparing for a transaction in autumn 2024 in which OmaSp will acquire Svenska Handelsbanken AB's Finnish SME business. As part of the reform, we will make AI available to all personnel as the first bank in Finland.”