Public disclosure of information on intragroup exemption from initial margin requirement

In accordance with Article 11, paragraph 11 of EMIR Regulation, Zagrebačka banka d.d. (hereinafter: The Bank), LEI PRNXTNXHBI0TSY1V8P17, publicly discloses information that on 29^th May 2024, the Bank received Croatian National Bank’s Approval on application of intragroup exemption from initial margin requirement in accordance with Article 11, paragraph 6 of EMIR Regulation.

In accordance with Article 20 of the Commission Delegated Regulation (EU) No 149/2013[1], the Bank publicly discloses information that the Croatian National Bank’s Approval refers to full intragroup exemption from initial margin requirement, in total planned annual volume of transactions up to EUR 6,081 billion, and which refers to currency, commodity and interest rate – swap, forward and option OTC derivative contracts in settlement currencies EUR, USD and GBP with the maximum term of contracts set at 30 years, that the Bank will contract with the parent company UniCredit S.p.A. Piazza Gae Aulenti 3 Tower A, Milan, 20154, Italy, LEI 549300TRUWO2CD2G5692:

Zagrebačka banka d.d.

[1]Commission Delegated Regulation (EU) No 149/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on indirect clearing arrangements, the clearing obligation, the public register, access to a trading venue, non-financial counterparties, and risk mitigation techniques for OTC derivatives contracts not cleared by a CCP (SL L 52, 23.2.2013.)

Information on the intra-group exemption from the obligation to exchange the initial compensation amount