Agreement to Acquire More Than 55% in DBS reached

Nova Ljubljanska Banka d.d.

18 September 2026

 

Nova Ljubljanska Banka d.d.

September 18, 2026

NLB Group Reached an Agreement to Acquire More Than 55% Ownership Stake in DBS

Pursuant to the provisions of the Rules of the Stock Exchange, Article 17 of the Regulation (EU) No. 596/2014, and Article 130 of the Market in Financial Instruments Act (ZTFI-1), Nova Ljubljanska banka, d.d., Ljubljana with registered office: Trg republike 2, 1000 Ljubljana, hereby publishes the following notice:

In NLB Group we have entered into a share purchase agreement with Skupina PRVA d.d. and its related parties as well as with KD Group d.d. for the acquisition of more than 55% of the voting rights in total in Deželna banka Slovenije d.d. (DBS).

DBS is a Slovenian universal bank with 65 branches, representing the third-largest branch network among banks in Slovenia. As at year-end 2025, DBS had total assets of EUR 1.6 billion, corresponding to a 2.8% market share. Risk-weighted assets (RWA) amounted to EUR 524 million. The bank serves all key customer segments, with retail customers, small and medium-sized enterprises (SMEs), and the agri-food sector as its three strategic focus segments. DBS is distinguished by its traditionally strong presence in agriculture, the agri-food sector, rural areas and the cooperative sector, where it operates as a specialised financial partner.

Both transactions are expected to be completed following receipt of all required regulatory approvals, most likely in the second half of next year. NLB Group expects no obstacles to obtaining such approvals. In the meantime, we are open to discuss the acquisition of a larger strategic share with the remaining shareholders.

"At NLB, we want to further strengthen our support for the agricultural sector, not only through the range of activities and services already offered by the NLB Group, but also through the planned acquisition of a stake in DBS. With its network, talents, and deep understanding, DBS is a true expert and partner to the agricultural community, which is something we greatly value within the NLB Group and intend to preserve and further develop," commented Blaž Brodnjak, NLB's CEO.

Following the successful completion of the transaction and takeover, DBS is expected to become part of the NLB Group. Our aim is to combine the strengths of both banks to provide customers with an even broader range of financial services, access to modern digital solutions, as well as an extensive branch and ATM network. NLB's aim is namely to retain the DBS's network in environments where NLB currently does not have a physical footprint. We also aim to create greater value for shareholders and other stakeholders, while further strengthening the NLB Group's position in its home market.

For further information please contact [e-mail].

NLB was supported by Keefe, Bruyette & Woods (KBW), and law firm Kavčič, Bračun, Partners.

This announcement will be available on the company's website (www.nlbgroup.com) as of 18 September 2026.

Investor Relations

NLB d.d., Ljubljana

 

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