Debt Instruments

Bonds

Nova Ljubljanska banka d.d., Ljubljana’s (hereinafter: NLB) has two bonds outstanding.

Type of the Bond

Ticker

ISIN code

Issue Date

Maturity

Interest Rate

Nominal Value

Listing

Subordinated Tier 2 Notes

NLB27

SI0022103855

6 May 2019

6 May 2029*

4.2% p.a.**

EUR 45,000,000

Ljubljana Stock Exchange

Subordinated Tier 2 Notes

NOVALJ 3.65 11/19/29

XS2080776607

19 November 2019

19 November 2029*

3.65% p.a. ***

EUR 120,000,000

Luxembourg Stock Exchange

Subordinated Tier 2 Notes

NOVALJ 3.4 02/05/30

XS2113139195

5 February 2020

5 February 2030*

3.40% p.a. ****

EUR 120,000,000

Luxembourg Stock Exchange

* The bond has a call option which can be exercised by the NLB.

** Interest rate means annual interest rate, which amounts to:

(i) before 6 May 2024 (however excluding 6 May 2024), 4.2%;

(ii) from and including 6 May 2024, the sum of reference interest rate, applicable on interest rate determination date, and margin of 4.159%.

*** Interest rate means annual interest rate, which amounts to:

(i) before 19 November 2024 (however excluding 19 May 2024), 3.65%;

(ii) from and including 19 November 2024, the sum of reference interest rate (5y MS), applicable on interest rate determination date, and margin of 3.833%.

**** Interest rate means annual interest rate, which amounts to:

(i) before 5 February 2025 (however excluding 5 February 2025), 3.40%;

(ii) from and including 5 February 2025 the sum of reference interest rate (5y MS), applicable on interest rate determination date, and margin of 3.658%.

List of issued debt instruments ranking in points 8., 9. or 10 of the second paragraph of the Article 207 of the Resolution and Compulsory Dissolution of Credit Institutions Act

Pursuant to the sixth paragraph of the Article 207 of the Resolution and Compulsory Dissolution of Credit Institutions Act (Official Gazette of the Republic of Slovenia, No. 44/16, as amended; ZRPPB), NLB publishes the following list of issued debt instruments that rank in items 8., 9. or 10 of the second paragraph of the Article 207 of ZRPPB:

Security code of debt instrument issuance Amount of Issuer’s total obligations pertaining to the issuance Total number of debt instruments issued Issuance date and maturity date for obligations under the debt instruments Ranking of payment for obligations under the issuance in case of wind-up procedure in consideration of the priority of payments determined in second and fourth paragraph of the Article 207 of ZRPPB
1.

NLB27

(ISIN: SI0022103855)

EUR 45 million and interest 450 denominations

6 May 2019;

6 May 2029*

Pursuant to the second paragraph of the Article 207, the obligations under NLB27 are paid tenth in line, wherein pursuant to the fourth paragraph of the Article 207 they are paid before the claims under the instruments that were issued by the bank and meet the conditions for the bank's Additional Tier 1 capital instruments and other subordinated claims repaid simultaneously with claims under Additional Tier 1 capital instruments on the grounds of the contractual arrangement for the bank's insolvency (point 3 of the fourth paragraph of the Article 207) and obligations under the Common Equity Tier 1 instruments (point 11 of the second paragraph of the Article 207)

2

NOVALJ 3.65 11/19/29

(ISIN XS2080776607)

EUR 120 million and interest

1200 denominations

19 November 2019;

19 November 2029*

Pursuant to the second paragraph of the Article 207, the obligations of the bond are paid tenth in line, wherein pursuant to the fourth paragraph of the Article 207 they are paid before the claims under the instruments that were issued by the bank and meet the conditions for the bank's Additional Tier 1 capital instruments and other subordinated claims repaid simultaneously with claims under Additional Tier 1 capital instruments on the grounds of the contractual arrangement for the bank's insolvency (point 3 of the fourth paragraph of the Article 207) and obligations under the Common Equity Tier 1 instruments (point 11 of the second paragraph of the Article 207)

3.

NOVALJ 3.4 02/05/30

(ISIN XS2113139195)

EUR 120 million and interest

1200 denominations

5 February 2020;

5 February 2030*

Pursuant to the second paragraph of the Article 207, the obligations of the bond are paid tenth in line, wherein pursuant to the fourth paragraph of the Article 207 they are paid before the claims under the instruments that were issued by the bank and meet the conditions for the bank's Additional Tier 1 capital instruments and other subordinated claims repaid simultaneously with claims under Additional Tier 1 capital instruments on the grounds of the contractual arrangement for the bank's insolvency (point 3 of the fourth paragraph of the Article 207) and obligations under the Common Equity Tier 1 instruments (point 11 of the second paragraph of the Article 207)

* The bond has a call option which can be exercised by NLB.

BOOK VALUE PER SHARE

30. 9. 2019

NLB Group: 83.1 EUR

CONTACT

Valerija Pešec
Head of Investor Relations
T: + 386 1 476 9122
E: valerija.pesec@nlb.si

Investor Relations         
E: IR@nlb.si

Vesna Blagojević Jelačin
Investor Relations

T: +386 1 476 2814
E: vesna.blagojevic@nlb.si

Teja Žerjal
Investor Relations

T: +386 1 476 2568
E: teja.zerjal@nlb.si