The Ljubljana Stock Exchange inc., Ljubljana, as a supporter of the 40/33/2026 initiative presented by the Slovenian Supervisors’ Association (hereinafter: ZNS) for the voluntary achievement of target gender diversity in management and supervisory bodies of listed and state‑owned companies, is publishing the regular Progress Report on Achieving Gender Diversity Targets for the period 1 September 2025 – 31 December 2025 (hereinafter: the Progress Report). The report was prepared by ZNS in cooperation with Deloitte Slovenia and monitors the situation in 50 companies covered by the initiative. The report is available in both Slovenian and English.

The amendment ZGD‑1M transposed into national legislation the EU directive on gender balance in corporate management and supervisory bodies, requiring obligated companies to choose one of the targets under the 40/33/26 initiative by 2026 or 2028. The sample analysis shows that 54% of companies meet the target of 33% representation of the under‑represented gender in management and supervisory bodies combined, and the same share (54%) also meets the target of 40% representation in the supervisory body.

Gender diversity in the 50 companies in the period from 1 September to 31 December 2025

The Progress Report shows the following developments regarding the achievement of the initiative’s targets during the observed period. Between 1 September and 31 December 2025, 7 companies had the opportunity to change the composition of these bodies. Their progress toward meeting the gender representation targets under the 40/33/2026 initiative is as follows:

• 4 companies progressed – 3 of them now already meet the initiative’s targets.
• 2 companies regressed – 1 of them still meets the initiative’s targets.
• 1 company maintained its previous status and already meets both targets of the initiative.

Average gender diversity in management and supervisory bodies in 48 companies as on 31 December 2025 – women represent 24.19% of all members in management bodies and 31.6% of all members in supervisory bodies. Further details are available in the attached report.

The Ljubljana Stock Exchange is also publishing the Report on SDH’s Voting for Members of Supervisory Boards at General Meetings of State-Owned Companies in 2025, available in the attachment.