NLB, d. d., Ljubljana
The results of votes cast at the 33rd AGM of NLB d.d., Trg republike 2, 1000 Ljubljana
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 the results of votes cast at the 33rd AGM of NLB d.d.
The shareholders of NLB d.d. today gathered at the 33rd General Meeting of Shareholders of NLB d.d., the first after the successfully concluded public offering of shares in mid-November last year when the Bank became a joint-stock company with dispersed domestic and international ownership. At the beginning of the General Meeting, 73.7%% of the shares with voting rights were present.
In the introduction, the shareholders were acquainted with the adopted Annual Report of the NLB Group for 2018, the report of the Supervisory Board of NLB d.d. on the results of the review of the Annual Report, and the information on the remuneration of the members of the Management Board and the Supervisory Board of NLB d.d. last year.
Payment of dividends on 18 June
In addition, the shareholders decided on the allocation of the accumulated profit for 2018, and granted a discharge from liability to the Management Board of NLB d.d. and the Supervisory Board of NLB d.d. for the 2018 business year. They decided to allocate EUR 142,600,000.00 of the total EUR 194,491,264.58 of accumulated profit as at 31 December 2018, which means EUR 7.13 gross per share. The remaining portion of EUR 51,891,264.58 remains undistributed and represents retained earnings. Dividends will be paid on 18 June of this year.
Appointment of four members of the Supervisory Board of NLB d.d.
The General Meeting of Shareholders elected four new members of the Supervisory Board of NLB d.d., namely: Mark William Lan Richards, Shrenik Dhirajlal Davda, Gregor Rok Kastelic, and Andreas Klingen, whose current term of office expired. All four have been appointed to a four-year term starting on the day of appointment until the end of the Bank’s Annual General Meeting of Shareholders’ decision on the use of accumulated profit for the fourth business year since their election, the first year being the business year during which they were appointed.
Authorisation to the Management Board of NLB d.d. for the purchase of own shares of the Bank for the payment of variable remuneration to employees
The General Meeting of Shareholders of NLB d.d. also authorised the Management Board of NLB d.d. that in the period of 36 months from the adoption of the shareholders’ resolution, it can buy own shares of the Bank for the payment of variable remuneration to certain employees as requested by the Banking Act and other relevant regulations. When disposing own shares which NLB d.d. acquired on the basis of this authorisation, the pre-emptive right of the existing shareholders to acquire shares is completely excluded.
At the General Meeting of the Shareholders of NLB d.d., the shareholders adopted two policies, namely, the Policy on the Provision of Diversity of the Management Body and Senior Management, and the Policy for Selecting Suitable Candidates for the Member of the Supervisory Board of NLB d.d.
This announcement will be available on the NLB’s website (www.nlb.si) as of 10 June 2019.
NLB d.d., Ljubljana