Dividends

*As in the previous years, NLB will propose at the General Meeting that will be held on June 16, 2025, that the distribution be made in two tranches in 2025, assuming that no material M&A activity becomes actionable.

The dividend payment is shown in the year in which the profit was generated.

Book value per share on March 31, 2025 was EUR 163.5.

Forms:

Request for reduction or exemption of tax on dividends based on provisions of the Treaty on avoidance of double taxation of income (to be submitted to the payer of the dividend before dividend pay-out) 

Instructions for filling in the form

Request for refund of tax on dividends based on provisions of the Treaty on avoidance of double taxation of income (to be submitted to the Financial Administration of the Republic of Slovenia)

Instructions for filling in the form

For the purposes of Slovenian tax regulation, the GDR depositary is considered to be the intermediary. Therefore, the dividends paid by the trustee to the GDR depositor are subject to withholding and payment of the Slovenian tax of 25%. The holder, owner of the GDR or the beneficial owner may, to the extent permitted, claim a tax refund. The request for repayment is submitted to the Financial Administration of the Republic of Slovenia.

Refund procedures for withholding tax on income from dematerialised financial instruments received for a third-party account (Article 383d of the Tax procedure Act (Slov. ZDavP-2).

1. Tax refund procedure with a written application in accordance with the Tax Procedure Act, Article 383d, Paragraph 1: the form and instructions can be found here.
2. Tax refund procedure with an application in the event of advantages granted in accordance with an international treaty for the avoidance of double taxation: the form and instructions can be found here.
3. Tax refund procedure with an application for tax refund in the event of a legal measure set forth in the ZDDPO-2 (Corporate Profit Tax Act), if the recipient of income may not deduct the witholding tax paid in Slovenia in his state of residence: the instructions can be found here (point 1.4).