Correction of an evident written error in the text of the draft resolution of Management Board of NLB d.d. and Supervisory Board of NLB d.d. under 3.1 of Item 3 of the Agenda entitled “Decision on the allocation of distributable profit for 2021 and granting a discharge from liability to the Management Board of NLB d.d. and Supervisory Board of NLB d.d.”

In the publication of the Slovenian version of the Convocation of the 38th General Meeting of NLB d.d., which will be held on 20 June 2022 at 11 a.m. (registration starting at 10.30 a.m.), at the following address: CANKARJEV DOM, kulturni in kongresni center, Prešernova cesta 10, Ljubljana, and as Electronic General Meeting without physical presence of Shareholders held by electronic means on the web portal https://skupscine.ixtlan.si/nlb.html ("Electronic General Meeting"), with the possibility of registration allowing access to the digital environment starting at 10.00 a.m., an evident written error has occurred in the part of the proposal by the NLB Management Board d.d. and Supervisory Board of NLB d.d. referring to the amount of dividend to be paid to the Shareholders per individual share stated under 3.1. of Item 3 of the Agenda entitled “Decision on the allocation of distributable profit for 2021 and granting a discharge from liability to the Management Board of NLB d.d. and Supervisory Board of NLB d.d.”. The correct amount of dividend per share is 2.50 EUR gross within a total amount of dividends of EUR 50,000,000 to be paid to the Shareholders.

The evident written error occurred only in the Slovenian version of the Convocation of the 38th General Meeting of Shareholders of NLB d.d., whereas the dividend per share has been correctly stated in the English version.

The evident written error shall be amended by the correct amount, so that the text of the draft resolution of the Management Board of NLB d.d. and Supervisory Board of NLB d.d. under 3.1 of Item 3 of the Agenda entitled “Decision on the allocation of distributable profit for 2021 and granting a discharge from liability to the Management Board of NLB d.d. and Supervisory Board of NLB d.d. in the Slovenian text now reads correctly as follows:

“3.1. The distributable profit of NLB d.d. as at 31 December 2021 amounts to EUR 458,266,602.05 and consists of net profit for 2021 in the amount of EUR 208,421,094.37, the transfer of valuation gains upon the derecognition of equity financial instruments measured at fair value through other comprehensive income in the amount of EUR 53,288.25 and retained earnings from previous financial years in the amount of EUR 249,792,219.43.

The distributable profit in the amount of EUR 458,266,602.05 shall be allocated as follows:

• the part in total amount of EUR 50,000,000.00 shall be paid out to the shareholders as dividend, which amounts to EUR 2.50 gross per share; dividends shall be paid on 28 June 2022 to the persons who are registered as the Shareholders of NLB d.d. with the Central Securities Clearing Corporation on the day that is 5 working days after the day of the General Meeting that adopted this resolution (27 June 2022, Cut-Off Day);
• the part in the amount of EUR 408,266,602.05 shall remain undistributed and become part of the profit brought forward.

With regard to the dividend payment, the day of announcement of the corporate action to the Central Securities Clearing Corporation system members is the first working day after the close of session of the General Meeting at which this resolution was adopted (21 June 2022) and the day without entitlement is the last working day prior to Cut-Off Date (24 June 2022).”

This announcement will be available on the Bank's website (www.nlb.si) as of 6 May 2022.