Valamar Riviera d.d.

Report Publication Announcement • Dec 20, 2021

LEI: 529900DUWS1DGNEK4C68 Member State: Republic of Croatia ISIN: HRRIVPRA000 Security: RIVP (RIVP-R-A) Bloomberg: RIVP CZ; Reuters: RIVP.ZA Listing: Prime Market of Zagreb Stock Exchange

HANFA- Croatian Financial Services Supervisory Agency Franje Račkog 6 10 000 ZAGREB

HANFA – Official Registry of Regulated Information

Zagreb Stock Exchange Ivana Lučića 2a 10 000 ZAGREB

HINA – Croatian News Agency ots@hina.hr

Poreč, 20/12/2021 File no: 1-89/21

Subject: Notice of approved investments for 2022

(inside information)

Valamar Riviera d.d. with its registered office in Poreč, Stancija Kaligari 1, OIB 36201212847 (hereinafter: the Company or Valamar), informs that on 20 December 2021, the Supervisory Board made a decision on the approval of investments for 2022 in the amount of HRK 179.55 million.

The approved investments mostly relate to investments in the renovation and rebranding of the Corinthia Hotel in Baška to the level of the Sunny Plus brand, rebranding of the Valamar Bellevue Hotel 4* in Rabac, continued investment in Istra Premium Camping Resort and Lanterna Premium Camping Resort and other investment projects as well as the maintenance of properties and facilities for guests in all destinations, continued investments in employee accommodation as well as continued investment in energy efficiency projects and digitization projects.

Valamar Riviera d.d.