On 26 March 2013 the sole shareholder of AB DNB Bankas, company code 112029270, VAT payer's code
LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the
Register of Legal Entities, Bankas (hereinafter – the “Bank”) Norway‘s DNB Bank ASA:
1. acknowledged the Bank‘s consolidated annual report and approved the set of annual financial statements
- the separate and consolidated financial statements for the year ended 31 December 2012.
2. approved distribution of the profit (loss) of the Bank. It was decided to allocate the 2012 net result of
LTL 88.43 million (EUR 25.61 million) to the distributable profit of the Bank equal to LTL 92.09 million
(EUR 26.67 million). LTL4.61 million (EUR 1.34 million) from the distributable profit shall be allocated to
the obligatory reserve. The remaining part of the retained earnings of LTL 87.49 million (EUR 25.34
million) shall be transferred to the next financial year.
3. elected close stock company „Ernst & Young Baltic“ as an audit firm to perform audit of the annual
financial statements of the Bank for the year 2013 and authorized the president of the Bank to establish
the other terms and conditions of the agreement on auditing services with the audit firm within the
remuneration amount set by the sole shareholder.
4. approved the following amendments to the Bylaws of the Bank:
4.1. the section 11.2 of the Bylaws of the Bank shall read as follows:
„11.2. The Credit Committee seeks to improve the overall quality of the credit risk management in
the Bank, to ensure objective evaluation of the credit risk in decision making when this is related to
a significant credit exposure and also performs other functions stipulated in the regulations thereof.”
4.2. the amendment to the section 11.3 of the Bylaws of the Bank shall read as follows:
“11.3. The Risk Management Committee seeks to ensure the efficiency of the Bank’s capital structuring,
risk management and control, to optimize the structure of the Bank’s assets, liabilities and capital in
view of the acceptable risk criteria and profitability, and also performs other functions stipulated in the
regulations thereof.”
Bjørnar Lund, the president and the chairman of the Management Board of AB DNB Bankas.
AB DNB Bankas press officer Andrius Vilkancas is authorised by the Issuer to provide additional information on the material event, , tel. +370 5 239 3413
