NLB

Report Publication Announcement • May 26, 2023

Category: Inside information

Published on: SEOnet

Published at:  25.05.2023 17:30

Published document ID: INI-359/23

INI-345/23

NLB, d. d., Ljubljana

Announcement of MREL requirement

Pursuant to the Rules of the Ljubljana Stock Exchange and Article 158 of the Market in Financial Instruments Act, relating to the Article 17 of the Regulation (EU) No 596/2014, NLB d.d., Trg republike 2, 1000 Ljubljana announces:

NLB d.d., Ljubljana (“NLB d.d.”) hereby announces that on 24th May 2023 it received the decision of the Bank of Slovenia (“BS”) relating to MREL requirement (Minimum Requirement for own funds and Eligible Liabilities). As of January 1st, 2024 and all the time onwards, NLB d.d. must comply with MREL requirement on a consolidated basis at resolution group level (i.e. NLB Resolution Group, consisting of NLB d.d., Ljubljana and N Banka d.d. and other members of the NLB Group excluding banks) which amounts to 30.99% of Total Risk Exposure Amount (“TREA”) (excluding Combined Buffer Requirement (“CBR”) and 10.39% of the Leverage Ratio Exposure (“LRE”).

This decision supersedes previous BS decision on MREL requirement dated 21st December 2021, which amounted to 31.38% of Total Risk Exposure Amount (“TREA”) (excluding Combined Buffer Requirement (“CBR”) and 9.97% of the Leverage Ratio Exposure (“LRE”) from 1 January 2024 onwards.

This announcement will be available on the NLB d.d. website (www.nlb.si) as of 25 May 2023.

Investor Relations

NLB d.d., Ljubljana

Date: 26.05.2023