In a period of increased unpredictability, however, not only business variety but also strategic flexibility remain key differentiating factors. Continued strong performance in the near term enables structural investments to strengthen the company’s competitive moat. At the same time, NLB’s primary focus continues to be in delivering on the promise of creating substantial value for shareholders. In 2025, the bank retains 50% from 2024’s profit for the year-end capital ratio, meaning that 50% of 2024’s profit or EUR 257 million is available for distribution in 2025. 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.