By letter dated 1st July 2013, the Republic of Croatia nominated, Ms Vladimira Ivandić (Head of Sector for European Union and International Financial Relations, Ministry of Finance) for appointment as a Full Member of the Board of Directors of the EIB.

By letter dated 4 July 2013, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Ms Vladimira Ivandić was taken on 17 July 2013, the date on which the requisite majority of Governors' votes was reached.

The term of office of Ms Vladimira Ivandić will expire in 2018 at the end of the day either of the Annual Meeting or of the approval of the financial statements for the previous financial year, whichever is the later.