Addiko Bank AG: Results of the Takeover Offers

Vienna (pta013/21.08.2024/10:05 UTC+2)

Vienna, 21 August 2024 – Addiko Bank's Group Management Board acknowledges that the recent takeover offer made by Nova Ljubljanska banka d.d. (NLB) to acquire all outstanding shares of Addiko Bank AG did not reach the minimum acceptance threshold of 75% set forth by NLB. The offer has thus failed.

As regards the voluntary partial tender offer made by Agri Europe Cyprus Limited (AEC), whose acceptance period also ended on 16 August 2024, Addiko has been notified that the offer was accepted by shareholders holding 12,853 bearer shares in Addiko and therefore, subject to receipt of the necessary regulatory approvals and non-objections, AEC will acquire ownership of these 12,853 bearer shares upon settlement. In total, subject to satisfaction of the outstanding offer conditions (e.g. regulatory approvals, full details in the offer document published on the website of the Austrian Takeover Commission) AEC would own a 10.06% stake in Addiko.

Both announcements do not have an impact on carrying out our activities with customers. Addiko Bank remains fully committed to its strategic plan, prioritizing innovation in digital banking and excellence in customer service.

The recently observed increase in investor interest is a clear endorsement of our business model and strategic direction, and therefore underscores the market's confidence in Addiko Bank to deliver sustainable and profitable growth. We have confidence in our team and in our capabilities and are looking forward to strengthening our position as the leading specialist bank for Consumers and SMEs.

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Contact

Constantin Gussich
Head of Investor Relations & Group Corporate Development
investor.relations@addiko.com

About Addiko Group

Addiko Group is a specialist banking group focusing on providing banking products and services to Consumer and Small and Medium-sized Enterprises (SME) in Central and South-Eastern Europe (CSEE). The Group consists of Addiko Bank AG, the fully-licensed Austrian parent bank registered in Vienna, Austria, listed on the Vienna Stock Exchange and supervised by the Austrian Financial Market Authority and the European Central Bank, as well as six subsidiary banks, registered, licensed and operating in five CSEE countries: Croatia, Slovenia, Bosnia & Herzegovina (where it operates via two banks), Serbia and Montenegro. Through its six subsidiary banks, Addiko Group services as of 30 June 2024 approximately 0.9 million customers in CSEE using a well-dispersed network of 155 branches and modern digital banking channels.

Based on its strategy, Addiko Group has repositioned itself as a specialist Consumer and SME banking group with a focus on growing its Consumer and SME lending activities as well as payment services (its "focus areas"). It offers unsecured personal loan products for Consumers and working capital loans for its SME customers and is largely funded by retail deposits. Addiko Group's Mortgage business, Public and Large Corporate lending portfolios (its "non-focus areas") are subject of an accelerated run-down process, thereby providing liquidity and capital for the growth in its Consumer and SME lending.

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Emitter:	Addiko Bank AG Canetti Tower, Canettistraße 5/12.OG 1100 Wien Austria
Contact Person:	Addiko Investor Relations
Phone:	+43 664 884 268 31
E-Mail:	investor.relations@addiko.com
Website:	www.addiko.com
ISIN(s):	AT000ADDIKO0 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)