EQS-Adhoc: Raiffeisen Bank International AG: RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding Limited
   EQS-Ad-hoc: Raiffeisen Bank International AG / Key word(s): Disposal
   Raiffeisen Bank International AG: RBI signs agreement on the sale of
   Priorbank JSC to Soven 1 Holding Limited

   20-Sep-2024 / 11:14 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
   Group AG.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding
   Limited

   Vienna, 20 September 2024. Raiffeisen Bank International AG (RBI) has
   today signed an agreement on the sale of its 87.74 per cent stake in
   Priorbank JSC and its subsidiaries to Soven 1 Holding Limited – thereby
   completing the negotiations which were announced on February 14, 2024
   ((1)Ad-hoc release February 2024). The transaction is subject to
   regulatory approvals and successful closing, which is expected in Q4/2024.
    

     • At closing, the transaction is expected to have an estimated negative
       impact of approximately EUR 300 million on RBI Group’s consolidated
       profit, resulting mainly from the difference between purchase price
       and book value of Priorbank JSC.
     • At closing, the impact on RBI Group’s CET1 ratio excluding Russia is
       expected around -5 basis points, resulting from the estimated
       difference between purchase price and book value of the equity and
       from the deconsolidation of the RWAs of Priorbank JSC.
     • At closing, the transaction is expected to have a further estimated
       negative impact on RBI Group’s consolidated profit of c. EUR 500
       million. This will have no impact on the regulatory capital and
       capital ratios of RBI Group and is related to the reclassification of
       predominantly historical FX losses currently recognized in other
       comprehensive income.

   With the completion of this transaction, RBI will have successfully exited
   the Belarusian market, and thereby reduced its operational complexity in
   line with its de-risking strategy in Eastern Europe.

   Under its new ownership Priorbank JSC will operate in a fully independent
   manner.

   For further information please contact:

   John P. Carlson, CFA
   Head of Group Investor Relations
   Raiffeisen Bank International AG
   Am Stadtpark 9
   1030 Vienna, Austria
   ir@rbinternational.com
   phone +43 1 71 707 2089
   www.rbinternational.com
    

   End of Inside Information

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   20-Sep-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     Raiffeisen Bank International AG
                Am Stadtpark 9
                A-1030 Vienna
                Austria
   Phone:       +43-1-71707-2089
   Fax:         +43-1-71707-2138
   E-mail:      ir@rbinternational.com
   Internet:    www.rbinternational.com
   ISIN:        AT0000606306
   WKN:         A0D9SU
   Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
                Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
                Luxembourg Stock Exchange, SIX, Vienna Stock Exchange
                (Official Market)
   EQS News ID: 1992543


    
   End of Announcement EQS News Service


   1992543  20-Sep-2024 CET/CEST

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