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Sale and purchase agreement on the sale of 100% of ordinary shares of Komercijalna banka Banja Luka concluded

On 27 October 2021, Komercijalna banka a.d., Beograd, member of the NLB Group, and Banka Poštanska štedionica a.d., Beograd signed a sale and purchase agreement relating to 100% ordinary shares of Komercijalna Banka a.d., Banja Luka.

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The closing of the transaction is envisaged after receipt of requisite regulatory approvals, by 31 March 2022 at the latest. The effect of the transaction on the consolidated financial statements is not material.