Valamar Riviera d.d.

Major Shareholding Notification • Jan 29, 2018

VALAMAR RIVIERA

Valamar Riviera d.d. Stancija Kaligari 1 / 52440 Poreč / Croatia T +385 52 408 000 F +385 52 451 608 www.valamar.com E info@valamar.com

HANFA- Croatian Financial Services Supervisory Agency 24b Miramarska Street 10000 ZAGREB

HANFA - Official Registry of Regulated Information

Zagreb Stock Exchange 2a Ivana Lučića 10000 ZAGREB

HINA - Croatian News Agency ots@hina.hr

Poreč, 29/1/2018 File no.: 1-7/18

Subject: Notification of share acquisition (Article 464, Capital Market Act, Regulation (EU) no. 596/2014)

Valamar Riviera d.d. with registered office in Poreč,1 Stancija Kaligari, personal identification number (OIB): 36201212847 (hereinafter: the Company) according to Article 116 of the Zagreb Stock Exchange Rules, Article 464 of the Capital Market Act, Regulation (EU) No. 596/2014 of the European Parliament and Council dated 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission implementing Regulation (EU) 2016/523 dated 10 March 2016 laying down implementing technical standards with regard to the format and template for notification and public disclosure of managers' transactions in accordance with Regulation (EU) No 596/2014 of the European Parliament and Council, notifies that on 26 January 2018 it received a notification from EPIC Hospitality Holding GmbH, a company with registered office in Vienna, 8 Plößigasse, Republic of Austria, regarding the acquisition of 55,594,884 shares of the Company, ticker: RIVP, without nominal amount. The shares have been acquired due to a demerger.

This notification is submitted because the responsible persons at EPIC Hospitality Holding GmbH i.e. Gustav Wurmböck, director and Franz Lanschützer, director simultaneously hold the following positions at the Company: supervisory board chairman and supervisory board member, respectively.

Below is the prescribed information within the prescribed template.

Valamar Riviera d.d.

Commercial Court in Pazin, Company Registry Number 040020883, VAT identification number HR36201212847; Company: Valamar Riviera Joint Stock Company for Tourism; shortened company name: Valamar Riviera d.d.: HRK 1.672.021.210,00 of shared capital, fully pald, 126.027.542 shares; Registry Number 3474771: Accounts: ADDIKO BANK d.d. Zagreb IBAN: HR 2625000091101024767, SWIFT: HAABHR22; ZAGREBAČKA BANKA d.d. Zagreb IBAN: HR 4123600001101319202, SWIFT: ZABAHR2X; ERSTE & STEIERMÄRKISCHE BANK d.d. Rijeka IBAN: HR 0624020061100389454, SWIFT: ESBCHR22; PRIVREDNA BANKA d.d. Zagreb IBAN: HR 4723400091100153498, SWIFT: PBZGHR2X; RAIFFEISEN BANK AUSTRIA d.d. Zagreb IBAN: HR 1624840081102134625, SWIFT: RZBHHR2X; SOCIETE GENERALE – SPLITSKA BANKA d.d. Split IBAN: HR 4023300031100321684, SWIFT: SOGEHR22; SBERBANK d.d. Zagreb IBAN: HR 9025030071100039991, SWIFT: VBCRHR22; ISTARSKA KREDITNA BANKA UMAG d.d. Umag IBAN: HR 7423800061110009020, SWIFT: ISKBHR2X; OTP BANKA d.d. Zadar IBAN: HR 4724070001100365752, SWIFT: OTPVHR2X; CROATIA BANKA d.d. Zagreb IBAN: HR 4824850031100284295, SWIFT: CROAHR2X; President of the Management Board: Željko Kukurin, Member of the Management Board: Marko Čižmek; President of the Supervisory Board: Gustav Wurmböck.

ZAJEDNIČKI ODVJETNIČKI URED MLADEN MARKOČ I IVAN-KREŠIMIR TOMIĆ

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	EPIC Hospitality Holding GmbH
2.	Reason for the notification
(a)	Position/status	The notification concerns a person (EPIC Hospitality Holding GmbH) closely associated with the following persons discharging managerial responsibilities: Gustav Wurmböck, Chairman of the Supervisory Board of the issuer 1. Franz Lanschützer, Member of the Supervisory Board of the issuer 2.
(b)	Initial notification/Amendment	Initial notification
$3 -$	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Valamar Riviera dioničko društvo za turizam with registered seat in Poreč, Stancija Kaligari 1, MBS: 040020883, OIB: 36201212847
(b)	LEI	529900DUWS1DGNEK4C68
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the financial instrument, type of instrument	Ordinary shares of the issuer
	Identification code	RIVP, ISIN: HRRIVPRA0000
	Nature of the transaction	Acquisition of shares
(b)	The transaction is not linked to the exercise of a share option programme
(c)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/a (acquisition of shares of the issuer through process of division of a company)	55,594,884
(d)	Aggregated information
	- Aggregated volume	55,594,884
	$-$ Price	- N/a (acquisition of shares of the issuer through process of division of a company)
(e)	Date of the transaction	2018-01-23
(f)	Place of the transaction	Outside a trading venue

Signature

ODVJETNIK IVAN-KREŠIMIR TOMIĆ 10000 Zagreb, Bogovićeva 4/11