The Mortgage Society of Finland: The Mortgage Society of Finland covered bonds outlook revised to stable

_{The Mortgage Society of Finland: The Mortgage Society of Finland covered bonds outlook revised to stable}

_{The Mortgage Society of Finland}

_{Other information disclosed according to the rules of the Exchange}

_{January 29, 2021 Helsinki 3:30 p.m.}

On January 29, 2021, S&P Global Ratings (S&P) revised The Mortgage Society of Finland's covered bond program's outlook from negative to stable. At the same time S&P affirmed the 'AAA' rating. The covered bond program's outlook revision reflects S&P revising the trend of economic risk for Finland's Banking Industry Country Risk (BICRA) to stable and therefore revising the outlook of The Mortgage Society of Finland's rating to stable on January 22, 2021.

S&P's credit rating report is published on our website www.hypo.fi

Distribution: Nasdaq Helsinki, Main media, www.hypo.fi