Results of the NLB General Meeting

Nova Ljubljanska Banka d.d.

11 December 2023

 

Nova Ljubljanska Banka d.d.

Payment of Additional Dividends Confirmed at the NLB General Meeting

In accordance with the provisions set out in the Rules of the Ljubljana Stock Exchange and the relevant laws, the NLB Management Board hereby announce:

This year's second General Meeting of NLB d.d. confirmed the confidence of the shareholders, who voted that the second tranche of dividends will be paid on December 19.

At today's 41^st General Meeting 59,31% of shares with voting rights were present). Shareholders confirmed the payment of additional dividends at EUR 2.75 gross per share or EUR 55 million, making a total dividend pay-out in 2023 EUR 110 million. EUR 55 million were namely already paid out to shareholders on June 27.

Both pay-outs in the total amount of EUR 110 million from the profit generated in 2022 are not included in the capital base, meaning that it will not affect NLB Group's capital ratios. With these pay-outs, NLB remains firmly on the path to fulfil its ambition - a total capital return through solid cash dividends in a cumulative amount of EUR 500 million between 2022 and by the end of 2025.

At the General Meeting, the shareholders got acquainted with the revised Remuneration Policy, which was not confirmed in the consultative vote, but nevertheless comes into force. Until the next General Meeting NLB will further improve its Remuneration Policy and present it to the shareholders.

The outcome of the vote is available to all interested stakeholders on the NLB's website.

Results of the votes cast at the 41st General Meeting of NLB d.d.

Investor Relations

 

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