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A Quick Guide on How to Revoke Previously Submitted Acceptance Declaration

Nova Ljubljanska banka d.d., Ljubljana ("NLB") has improved its all-cash voluntary public takeover offer aimed at acquiring control of Addiko Bank AG and has published the amended Offer Memorandum, which is available on NLB Group's website. Shareholders who have already accepted the takeover offer of Raiffeisen Bank International AG ("RBI") may therefore withdraw their acceptance and accept the takeover offer of NLB. These shareholders should take the following steps by no later than 23 July 2026, 5:00 p.m. (CET).

If you do not have direct contact with your deposit/custodian bank, please contact your financial intermediary (bank, broker, financial adviser, etc.), and instruct them to set the necessary steps to revoking your acceptance declaration.

     

Steps for a Withdrawal (Rescission) from the Competing Offer

1. Check how many shares you have submitted acceptance declarations for.

2. The withdrawal (rescission) must be declared in writing to your custodian bank.

3. Check whether your custodian bank provides a withdrawal form.

4. If so, complete the form correctly.

State the number of shares for which you are withdrawing. Date and sign the form. Send a scan by email or fax to your custodian bank and request acknowledgment of receipt or deliver it in person.

5. If your custodian bank does not provide a form, proceed as follows

  • Prepare a written withdrawal declaration  with the following template:

 

I, [Name], accepted the takeover offer of Raiffeisen Bank International AG on [Date] for [Number] Addiko Bank AG shares (custody account [Name], no. [Number]). Nova Ljubljanska banka d.d. improved its takeover offer on 17 July 2026. I hereby withdraw (rescind) my acceptance of the takeover offer of Raiffeisen Bank International AG for [Number] Addiko Bank AG shares. I request confirmation. Yours sincerely, [Name] [Signature]

 

  • Sign the withdrawal declaration.

 

  • Send a scan by email or fax to your custodian bank and request acknowledgment of receipt or deliver the declaration in person.

Important Note

A withdrawal must always be carried out in accordance with all requirements and provisions of the offer document of Raiffeisen Bank International AG. However, it should be noted that Section 5.9 of the RBI takeover offer (withdrawal declaration of shareholders in the event of competing offers) is incomplete and shareholders may also withdraw their acceptance of the RBI takeover offer pursuant to Section 17 second sentence of the Austrian Takeover Act (Übernahmegesetz) due to the improvement of the NLB takeover offer, and tender their shares into the NLB takeover offer. The steps above must therefore be read together with the steps in that offer document as well as this important note. The offer document is authoritative and is available on, among other places, the website of the Austrian Takeover Commission.

 

The decision whether to exercise the right of withdrawal is at the shareholders’ sole discretion. In making this decision, shareholders should take into account all circumstances relevant to them.

NLB Communications

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