ECB permission on classification of subordinated notes

5th March 2020

The company NLB d.d. (hereinafter also: the company) on 19 November 2019 issued subordinated Tier 2 notes in the aggregate amount of EUR 120 million and with ISIN code XS2080776607 (hereinafter also: the subordinated notes). The company hereby announces that on 4 March 2020 obtained permission to include the subordinated notes in the calculation of its Tier 2 capital.

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