The Listing Committee of the Baku Stock Exchange (BSE) has adopted a decision to delist the shares of “Finoko” Non-Banking Credit Institution OJSC with ISIN code AZ1001019467 and the bonds of “Executive Credit Agency” LLC Non-Banking Credit Institution with ISIN code AZ2002020090.

This decision was made in accordance with Clause 14.4 of the “Rules on Admission to Trading, Listing, Maintenance in Listing, and Delisting of Securities on the Baku Stock Exchange.” According to this clause, issuers are required to hold the relevant license stipulated by legislation for activities that are subject to licensing. By the decision of the Central Bank of the Republic of Azerbaijan dated December 12, 2024, the licenses of “Finoko” NBCI OJSC and “Executive Credit Agency” LLC NBCI were revoked due to their failure to eliminate violations in their operations and non-compliance with mandatory instructions. In light of the applicable regulatory requirements, the decision to delist the securities has been deemed appropriate.

In accordance with the Exchange’s rules, the delisting decision will enter into force two (2) months after the date of public disclosure in relation to the shares, and immediately upon public disclosure in relation to the bonds.