On the 10th June NLB held its General Meeting of Shareholders where shareholders approved EUR 7.13 DPS . Note that the ex-dividend date is 14 June, while the dividend will be paid on the 18 June of this year.

On the General Meeting of Shareholders, the allocation of the accumulated profit for 2018 and approval of dividend was voted on. The shareholders approved EUR 7.13 DPS, which, at the current share price, translates into dividend yield of 11%. Shareholders have also granted a discharge from liability to the Management Board and the Supervisory Board of NLB for the 2018 business year.

Note that the ex-dividend date is 14 June, while the dividend will be paid on the 18 June of this year.

The General Meeting of Shareholders has also elected four new members of the Supervisory Board of NLB for those whose current term of office has expired. They are Mark William Lan Richards, Shrenik Dhirajlal Davda, Gregor Rok Kastelic, and Andreas Klingen, and all four have been appointed to a four-year term. It has also authorized the Management Board of NLB for the purchase of own shares of the bank, in the period of 36 months from the adoption of the shareholders’ resolution, for the payment of variable remuneration to certain employees. When disposing of own shares which NLB acquired on the basis of this authorization, the pre-emptive right of the existing shareholders to acquire shares is completely excluded.