I I Abafon

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1 I info@abanka.si I Abafon

Overview OUR BUSINESS Universal bank founded in 1955 providing wide range of bank and other financial services 100% owned by Republic of Slovenia Substantial market share of 9.6% (as at 31.12.

2 Overview OUR BUSINESS Universal bank founded in 1955 providing wide range of bank and other financial services 100% owned by Republic of Slovenia Substantial market share of 9.6% (as at ): Total assets 3,7 bn EUR Net profit 43 mio EUR CAR 24.3% ABANKA S FIVE CORE VALUES: Friendliness Excellence Partnership Innovativeness Execution Activities in 2018: Signing of agreement on the package sale of portfolio of non-performing claims in March Completion of Process of selling subsidiary company Aleasing d.o.o. in April Renovation of business strategy CLEAR STRATEGY To attract investors and improve a credit rating Strengthening business with retail and SME segment Operation with key major customers with a focus on selling a comprehensive range of banking products Quick and effective deployment of advance tehnology and process solutions The most preferred employer in banking in Slovenia 2

Republic of Slovenia Macroeconomic View Capital and largest city: Ljubljana Area: 20,273 km 2 Population: cca. 2 million GDP (2017): 43,278 mio EUR Real GDP growth (2017): 5.

3 Republic of Slovenia Macroeconomic View Capital and largest city: Ljubljana Area: 20,273 km 2 Population: cca. 2 million GDP (2017): 43,278 mio EUR Real GDP growth (2017): 5.0% GDP per capita (2017): 20,951 EUR Debt/GDP (2017): 73.6% Surplus of Balance of payments (2017): 2,813 mio EUR The share of Surplus of balance of payments in GDP: 6.5% COUNTRY RATINGS Fitch: A-; stable outlook Moody s: Baa1; positive outlook S&P: A+; stable outlook 3

GDP Structure More than half of Slovenia s goods

..and are dominated by manufactured goods, trade

Germany 20% Other EU 24% France 6% Italy 11%

Information, communication, financial and insurance

services 11% Net taxes on products 13% Public

work 14% Agriculture, forestry and fishing 2%

Slovenia and solo bank calculation 2017 2018 2019

2 Rate of registered unemployment in % 9.5 8.0 7.

4 GDP Structure More than half of Slovenia s goods exports go to the EURO area... (% 2017)...and are dominated by manufactured goods, trade and transport (% 2017) Rest of World 23% Austria 8% Germany 20% Other EU 24% France 6% Italy 11% Croatia 8% Main macroeconomic indicators Information, communication, financial and insurance activities 7% Construction, Real estate 11% Other services 11% Net taxes on products 13% Public administrations, education, human health and social work 14% Agriculture, forestry and fishing 2% Mining, manufacturing, electricity and water suply 24% Trade, transportations and storage, accommodation and food services 18% Source: Bank of Slovenia and solo bank calculation Real GDP growth in % Rate of registered unemployment in % Inflation (year average) in % Source: UMAR, Spring forecast of economic trends 2018 (March 2018) 4

5 Slovenian Banking System Total assets: 37,948 Loans to non-banking sector: 21,521 Liabilities from non-banking sector: 27,528 Total Equity: 4,735 Liabilities from banking sector: 3,250 Loan to deposit: 78% Net profit: Non performing loans: 6.0% As at in EUR million Source: Bank of Slovenia February 2018 Top 10 banks market share in Slovenia (%) NLB Ljubljana Nova KBM Abanka SKB UniCredit SID banka Intesa Sanpaolo Gorenjska banka Sberbank Addiko Bank Source: Bank of Slovenia and solo banks calculation 5

6 ABANKA Ratings Credit rating agency Rating date Credit risk rating: long-term Credit risk rating: short-term Financial strength rating Outlook FITCH May 2017 BB+ B bb+ (viability) stable Moody s September 2017 Ba1 Not Prime ba3 (BCA) positive Capital Intelligence October 2017 BB+ A3 BB positive 6

7 Financial highlights Y 2017 of Abanka Group Total assets: 3,654 Loans to non-banking sector: 1,967 Liabilities from non-banking sector: 2,856 Liabilities from banking sector: 113 Loan to deposit: 68.9% CAR: 24.6% Net profit: 41.6 Market share (Total Assets)*: 9.6% Number of branches: 57 Number of employees: 1,079 As at in EUR million *Number for solo Abanka as at

8 Abanka d.d. a Bank with Tradition Abanka was founded in 1955 as a subsidiary of the ex Jugoslav bank for foreign trade, later known as JUGOBANKA: subsidiary Jugobanka was the first in Slovenia to conduct international business From December 1989 independent bank named ABANKA d.d., Ljubljana 31st December 2002 merger by acquisition of Banka Vipa, consequently renamed into Abanka Vipa d.d. Recapitalization of the bank by the Republic of Slovenia; preparation of the restructuring plan of the bank for the period On 16th December 2014 European Commission has concluded that joint restructuring plan of Abanka Vipa d.d. and Banka Celje d.d. is in line with EU state aid rules. On 13th August 2014 European Commission authorises state aid for Abanka. In October 2014 completition of the increase in Abanka s capital and transfer of claims to the BAMC. On 5th october 2015 successful merger by acquisition of Banka Celje by ABANKA d.d., Ljubljana Adoption of the Bank strategy

9 Organisational Structure DIVISIONAL ORGANISATION OF THE BANK ENABLES EFFICIENT MANAGEMENT AND REGULAR DEVELOPMENT OF THE PRODUCTS AND SERVICES FOR THE CUSTOMERS MANAGEMENT BOARD Compliance Legal DEVELOPMENT AND MARKETING COORDINATION OF WORK WITH THE REGULATOR SUBSIDIARY COORDINATION INTERNAL AUDIT Personnel and Organisation PROCUREMENT AND GENERAL AFFAIRS Custody and Administrative Services CORPORATE COMMUNICATIONS Corporate Banking Division RETAIL BANKING AND SMALL BUSINESS DIVISION Financial Markets Division Risk Management Division Finance Division Information Technology Division Back-Office Operations Division 9

10 Universal Bank ABANKA IS AN UNIVERSAL BANK THAT PROVIDES ALL BANKING AND OTHER FINANCIAL SERVICES SERVICES APPROACH Extensive network of 57 branches throughout Slovenia Commercial banking E-banking Bankassurance services Advisory services and personal approach Treasury and Investment banking 10

11 Products & Services COMMERCIAL BANKING Strong brand recognition in corporate, SME and retail banking Modern financial instruments (e-banking, mobile banking) Extensive network through branches and ATMs TREASURY AND INVESTMENT BANKING Fixed income products (primary and secondary market) Wide range of derivative products Currency trading Equity & precious metals brokerage Corporate finance advisory BANKASSURANCE PRODUCTS Strategic partnership with Zavarovalnica Triglav, the biggest Slovenian insurance company Wide range of insurance products To offer the very best financial services through long-term partner relationships, excellence in operations, concern for security and continuous development. 11

12 Network of 57 branches around Slovenia 12

13 Financial Highlights (Y 2017) Abanka d.d. (audited data) EUR thousands STATEMENT OF FINANCIAL POSITION 31 Dec Dec 2016 Index 12.17/12.16 Cash (cash and balances with banks) 411, , Loans to banks 60,745 65, Loans to non-bank customers 1,982,137 1,826, Retail customers 849, , Corporate customers 1,132,563 1,011, Financial assests - securities 46,186 45, Financial assests - bonds 1,060,130 1,250, Property, equipment, intangible assets, investments in subsidiaries and other assets 95,122 80, Total Assets 3,655,984 3,612, Liabilities towards financial institutions 113, , Financial liabilities to customers 2,861,197 2,776, Retail customers 1,981,625 1,925, Corporate customers 879, , Loans from non-bank customers Bonds and certificates of deposit 13,021 21, Provisions 53,676 50, Other liabilities 35,893 40, Equity 578, , Total Liabilities & Equity 3,655,984 3,612,

14 Financial Highlights (Y 2017) Abanka d.d. (audited data) EUR thousands STATEMENT OF FINANCIAL POSITION Jan-Dec 2017 Jan-Dec 2016 Index / Net interest income 72,236 77, Net non interest income 46,453 52, Gross income 118, , Operating expenses -72,797-75, Operating profit 45,892 54, Net impairment and provisions 1,943 27, Total profit / loss before tax 47,835 82, Tax -5,215-5, Total profit / loss after tax 42,620 76,

Identity Card: Abanka d.d. Registered office: Slovenska cesta 58, 1517 Ljubljana Transaction account: SI56 0100 0000 0500 021 BIC: ABANSI2X Tax number: 68297530 VAT identification number: SI68297530

15 Identity Card: Abanka d.d. Registered office: Slovenska cesta 58, 1517 Ljubljana Transaction account: SI BIC: ABANSI2X Tax number: VAT identification number: SI Registration number: Share capital: EUR 151,000,000 Phone: Fax: Web address: info@abanka.si Management Board: Jože Lenič, MSc (President of the Management Board) Matej Golob Matzele (Member of the Management Board) Matevž Slapničar, MSc (Member of the Management Board) Shareholder Structure: Republic of Slovenia 100% 15

16 Contacts Common address for investors Financial Markets Mr. Boštjan Herič Executive Director of Financial Markets Phone: bostjan.heric@abanka.si Investment banking Mr. Blaž Angel Director of Investment banking Phone: blaz.angel@abanka.si Financial Institutions Mrs. Maja Bogdanoski Head of Financial Institutions Phone: maja.bogdanoski@abanka.si 16

I I Abafon

www.abanka.si I info@abanka.si I Abafon 080 1 360 Overview OUR BUSINESS Universal bank founded in 1955 providing wide range of bank and other financial services 100% owned by Republic of Slovenia Substantial