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Bank of Slovenia decree on additional measures to increase capital

3. 7. 2014

On the basis of the provisions of the Ljubljana Stock Exchange Rules and the applicable legislation, Deželna banka Slovenije d. d. is hereby making the following announcement.

On 1 July 2014, Deželna banka Slovenije d. d., Kolodvorska 9, 1000 Ljubljana, Slovenia received a Bank of Slovenia Decree on Additional Measures to Increase Capital, in which the Bank of Slovenia asks the Banks Management Board to convene a General Meeting that will meet by no later than 15 September 2014 and propose to the GM to increase the Banks paid-up share capital by issuing new no par value shares so that by 30 September 2014 the Banks capital adequacy ratio will reach at least 11.4% and its tier 1 capital ratio at least 9.1%.

Deželna banka Slovenije d. d. is carrying out all the activities necessary to comply with capital requirements, and will continue to do so in the future. At the Banks AGM on 10 June 2014, the Banks Management and Supervisory Board again proposed to shareholders to adopt the amendment of the new Article 16 a of the Banks Statutes, so that the institution of authorized capital – a suitable tool for raising additional capital – be expanded to also include in-cash contributions. The Management and Supervisory Board proposed the capital increase in order to raise core tier 1 capital pursuant to the Capital Requirements Directive IV and Basel III Directives. The resolution on the proposed Amendments and Supplements to the Deželna banka Slovenije d. d. Statutes was not passed by the AGM, as it did not receive the required 75% majority support of the represented share capital. The Management Board will propose to the Supervisory Board to convene a new General Meeting, to decide on the Banks increasing its capital under the terms for which the Management and Supervisory Board believe will lead the Bank to successfully boost its capital. They will propose a capital increase in the amount that will allow the Bank to reach the required capital adequacy ratio.

In addition to major existing shareholders, other investors that have or will demonstrate interest will also be invited to subscribe to new shares.

Pursuant to the applicable legislation, the content of this publication will be available on the Banks website www.dbs.si starting 3 July 2014 for a period of no less than five years.

Deželna banka Slovenije d. d.
Management Board