Hrvatska Poštanska Banka d.d. — M&A Activity 2018

Apr 20, 2018

HRVATSKA POŠTANSKA BANKA d.d.

Management Board Jurišićeva 4, HR-10000 Zagreb Phone: +385 1 4804 400, 4804 409 Fax: +385 1 4810 773

HPB-R-A ISIN: HRHPB0RA0002 Zagreb Stock Exchage – Official Market

Zagreb, 20th April, 2018 No: E01-21/18-LAT

Zagreb Stock Exchange

Croatian Financial Services Supervisory Agency (HANFA) OTS HINA

Re: HRVATSKA POŠTANSKA BANKA, Plc - Notice in Accordance with the Article 459 of the Capital Markets Act

According to the requirements from the article 459 of the Capital Markets Act, we announce that HPB p.l.c. (hereafter referred to: HPB) has the intention of taking over the ownership of Jadranska Banka d.d.( hereafter referred to: JABA ), and has therefore, on April 20 2018, placed a binding offer to the State agency for deposit insurance and bank rehabilitation, current majority shareholder of JABA (hereafter referred to: DAB ).

To proceed with the possible transaction it is required to obtain permissions, so the offer is in this way conditional pertaining to approvals from the regulators, and as well as from the Supervisory board and HPB's General Assembly.

Further on, since JABA's shares are not listed on the stock market, the transaction will be proceeded outside the stock market and taking into account that according to the Law on bailouts of the credit institutions and investment groups, DAB also represents the minority shareholders of JABA, HPB is not required to announce a public offer for the takeover.

To conclude, HPB emphasizes that it will timely announce all further actions to the investment public.

Hrvatska Poštanska Banka Plc