Information for shareholders

Dear Shareholders,

We inform you that the Supervisory Board of NLB Bankа AD Skopje, at its 149th meeting held on July 24, 2025, adopted decisions to re-appoint an existing member of the Management Board and appoint new members of the Management Board.

Namely, the Supervisory Board re-appointed Ms. Katerina Janković as a member of the Management Board of the Bank, with a new 4-year (four-year) mandate. At the same meeting, the Supervisory Board of NLB Bankа AD Skopje adopted a draft decision to increase the number of members of the Management Board of NLB Bankа AD Skopje from 4 (four) to 5 (five) members and appointed new members of the Board of Directors, as follows:

• Mr. Bojan Stojanoski - member of the Management Board with a mandate of 4 (four) years, starting from 01.01.2026
• Mr. Dragisa Tadic - member of the Management Board, with a mandate of 4 (four) years, starting from 04.01.2026
• Mr. Kiril Buhov - member of the Management Board, with a mandate of 4 (four) years, starting from 03.01.2026

The appointed persons will officially assume the function of members of the Management Board, after receiving consent from the National Bank of the Republic of North Macedonia for the appointment of members of the Management Board of NLB Bankа AD Skopje.

In accordance with the above-mentioned appointments, we inform you that the current members of the Management Board of the Bank, Mr. Peter Zelen and Mr. Igor Davchevski, will continue to perform their functions until the expiration of their mandate in accordance with the issued Decisions for Prior Consent for the Appointment of a Member of the Management Board, issued by the National Bank of the Republic of North Macedonia.

With efficient operation and tradition, we are shaping a new chapter in the banking culture, which is the foundation of the work of NLB Banka employees in working with clients, shareholders, financial analysts and the rest of the public.

The Bank establishes a transparent and understandable management system that increases the level of trust of both domestic and foreign investors and employees.

Corporate governance in the Bank represents a set of mutual relations between the Management Board, the Supervisory Board, other persons with special rights and responsibilities who perform a management function in the Bank, the Bank's shareholders and other interested parties.

Corporate governance is based on the principles of responsibility, transparency and control in decision-making and in daily operations and reporting on the situation in the company. We respect value-based rules of conduct in relations with clients, with honest relations and clear communication being our fundamental values.