Wellington Management Tenderes its 5.7% Addiko Stake to NLB as Well

As of 21 July 2026, at least 28.9% of Addiko’s share capital have committed to tender their shares into NLB's Offer. This level of support demonstrates the confidence of prominent global investors in the compelling value proposition of NLB’s bid, which offers shareholders a significantly higher price alongside a transparent, straightforward, and fully executable transaction structure.

With two days remaining until the deadline for shareholders who have tendered into the competing offer to revoke their acceptance declarations (23 July 2026, 5:00 p.m. CET), we once again encourage all Addiko shareholders to carefully evaluate their options. By withdrawing a previous acceptance and tendering into NLB’s Offer, shareholders can realize a 39.6% higher consideration compared to the competing offer, while benefiting from a fully transparent maximum price with no contingent consideration.

The process for revoking already tendered shares is simple and straightforward. To revoke a prior acceptance and participate in NLB's Offer, shareholders should contact their brokers. For further information, please refer to the non-binding guideline on revoking a previously submitted acceptance declaration available here. Investors should, if possible, request and receive written confirmation (at least by email) from their custodian bank that the withdrawal has been reported/ forwarded in time.

Based on more than two years of engagement with the relevant regulators, NLB remains highly confident that should the Bank’s offer be successful, it will be able to obtain the necessary approvals from all regulators in a timely manner, including the European Central Bank ("ECB") under the Single Supervisory Mechanism ("SSM").

We are encouraged by the growing support from leading global investors and remain confident that shareholders will act in their best financial interests when making their final decision.