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Interim Report January January - June 2021 Summary of Results Profit by quarters Q2 2021 in comparison with Q1 2021 • • Net profit EUR 12.9 m ( EUR 11.4 m ) , of which EUR 12.4 m ( EUR 11.0 m ) is attributable to owners of the parent Earnings per share EUR 0.43 ( EUR 0.38 ) Net income EUR 32.7 m ( EUR 28.6 m ) Operating expenses EUR 17.9 m ( EUR 13.8 m ) Loan provisions EUR -0.8 m ( EUR 1.6 m ) Income tax expenses EUR 2.8 m ( EUR 1.99 m ) 3.6 10.8 18.0 12.9 11.4 2Q 3Q 4Q 1Q 2Q 2020 2020 2020 2021 2021 Basic earnings per share • Return on equity 19.9 % ( 18.5 % ) Capital adequacy 18.6 % ( 19.13 % ) 0.35 0.62 0.38 0.43 0.10 Q2 2021 in comparison with Q2 2020 Net profit EUR 12.9 m ( EUR 3.6 m ) , of which EUR 12.4 m ( EUR 2.9 m ) is attributable to owners of the parent 2Q 2020 3Q 4Q 1Q 2Q 2020 2020 2021 2021 • Earnings per share EUR 0.43 ( EUR 0.10 ) • Net income EUR 32.7 m ( EUR 22.1 m ) Capital adequacy • Operating expenses EUR 17.9 m ( EUR 10.7 m ) 20.0 20.5 18.6 19.1 18.6 • Loan provisions EUR -0.8 m ( EUR 7.7 m ) Income tax expenses EUR 2.8 m ( EUR 0.16 m ) • Return on equity 19.9 % ( 5.7 % ) Capital adequacy 18.6 % ( 18.6 % ) Earnings per share and return on equity ratios are based on the profit attributed to the shareholders and equity of AS LHV Group and do not include non - controlling interest . AS LHV GROUP TARTU MNT 2 , 10145 TALLINN 6 802 670 INFO@LHV.EE LHV.EE 2Q 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 Return on equity 31.3 18.9 5.7 تلت 18.5 19.9 4Q 1Q 2Q 3Q 2Q 2020 2020 2020 2021 2021 1/41 LHV