Valamar Riviera d.d.

Board/Management Information • Oct 26, 2015

HANFA- Croatian Agency for Supervision of Financial Services Miramarska cesta 24 b 10000 ZAGREB

HANFA – Official Register of Regulated Information

Zagreb stock exchange d.d. Ivana Lučića 2a 10000 ZAGREB

HINA – Croatian News Agency ots@hina.hr

In Poreč, 26.10.2015. Ur.broj: 10-95/15

Subject: Notification on reappointment of management board member and conclusion of loan agreement

Valamar Riviera d.d. seated in Poreč, Stancija Kaligari 1, OIB 36201212847 (hereinafter: the Company) in accordance with Article 459 of the Capital Market Act and in accordance with Article 2 of Rules on disclosure of inside information which directly concerns the issuer and on determining the legitimate interests of the issuer for the delay in disclosure, announce that Supervisory board of the Company reappointed Mr Marko Čižmek as the member of the management board, to whom mandate expires on 31.12.2015., for a new term from 01.01.2016. till 31.12.2018.

Also, it is announced that the Company has concluded with Zagrebačka banka d.d. Zagreb loan contract in amount of 25 million EUR for refinancing of acquisition investment in Hoteli Baška d.d.

Management board of the Company Valamar Riviera d.d.