In accordance with the Ljubljana Stock Exchange Rules, Article 17 of Regulation (EU) No. 596/2014 and Article 130 of Market in Financial Instruments Act, company Nova Ljubljanska banka d.d., Ljubljana (hereinafter: “NLB d.d.”) informs the public that with the aim of capital optimisation on consolidated basis, it is in discussions with Multilateral Investment Guarantee Agency (hereinafter: “MIGA”; part of the World Bank Group) to potentially obtain guarantees to insure against the risk of expropriation of mandatory reserves held by NLB Group banking members with their local central banks. The guarantee agreements are envisaged to be concluded with MIGA for each individual banking member of NLB Group. The transactions which are scheduled to be concluded later this year could reduce the risk weighted assets of NLB d.d. on consolidated level by around EUR 300 million.

Related with the potential transactions MIGA disclosed summaries of proposed guarantees which are available on https://www.miga.org/projects.

This announcement will be available on the NLB's website (www.nlb.si) as of 11 May 2020 for a period of at least 5 years.