AD Plastik d.d. — Capital/Financing Update 2017

May 19, 2017

AD PLASTIK d.d. SOLIN Dioničko društvo za proizvodnju dijelova i pribora za motorna vozila i proizvoda iz plastičnih masa HR · 21210 Solin · Matoševa 8 · www.adplastik.hr

tel.: +385(0) 21 206-444 · fax. +385(0)21 206-599

Solin, 19, 5, 2017

Subject: AD Plastik has signed a Grant Agreement

A Grant Agreement for projects funded from European Structural and Investment Funds during the financial period 2014-2020 between the Ministry of the Economy, Entrepreneurship and Crafts, the Croatian Agency for SMEs, Innovation and Investments and AD Plastik d.d. has been signed today.

Based on the above mentioned Agreement AD Plastik will obtain a grant in the amount of 19,632,690.36 kunas in accordance with the Decision on the financing for the project entitled "Pilot Painting Line for Industrial Research, Development and Innovation". The maximum duration of this project is 48 months from the start of its implementation. The total value of the project amounts to somewhat more than 74 million kunas.

The project will enable the development of the new technology of painting automotive interior parts within AD Plastik Group which will become a driver of sales growth in the medium term.

Društvo je upisano u sudskom registru Trgovačkog suda u Splitu pod MBS: 060007090 · Osobni identifikacijski broj: 48351740621 IBAN: HR04 2340 0091 1101 5371 1, Privredna banka Zagreb d.d., Zagreb