The account holder will receive an email from NordLEI when it is time to renew the LEI, notifications will be sent 4 months prior to the lapsing date. The email will contain a link where you can easily renew the LEI code.
If the LEI is not renewed in time, you will also receive a notification when it becomes inactive (Lapsed).
You may choose to pay early if you prefer. Early payment does not change the current validity period. The new 12 month period will always start from the original expiry date, not the payment date.
If you need instructions on how to renew, please see the article How do I renew my LEI.