Ilirija d.d. — AGM Information 2017

Apr 26, 2017

iniia d.d. BIOGRAD NA MORU Tel: Centrala ++385 23 383 165; Fax: ++385 23 384 564; Prodaja: ++385 23 383 556; sales@ilirijabiograd.com; www.ilirijabiograd.com

In Biogradu na Moru, on 26 April 2017 Number: 159/2017-2

The Croatian Financial Services Supervisory Agency - HANFA MIRAMARSKA 24B 10 000 ZAGREB

Zagrebačka burza d.d. Ivana Lučića 2a 10 000 Zagreb

HINA Marulićev trg 16 10 000 Zagreb

COMPANY WEBSITE

Subject: General Meeting of Ilirija d.d. Biograd na Moru, held on 26 April 2017; - Notification and voting results

Dear all.

we notify you that on 26 April 2017 the company ILIRIJA d.d., Biograd na Moru, Tina Ujevića 7, Tax Number OIB: 05951496767, (hereinafter referred to as: Company) held the Ordinary General Meeting in the registered office of the Company starting at 9:00 hours.

At the General Meeting all decisions were adopted in the content identical to the decisions in the proposals contained in the Call for General Meeting published in the Official Gazette No. 20/2017 of 08 March 2017, as well as on the website of the Company (www.ilirijabiograd.com), Court Registry (https://sudreg.pravosudje.hr), Zagreb Stock Exchange (www.zse.hr), The Croatian Financial Services Supervisory Agency (Official Register of Prescribed Information - www.hanfa.hr) and the Croatian News Agency (www.hina.hr).

According to Article 286, paragraph 2 and paragraph 6 of the Companies' Act, the Company publishes the voting results by decisions adopted at the General Meeting:

Item $2 - 5$ of the agenda

The Report submitted by the Management Board of the Company on the operations and position of the Company for the year 2016, the Report by the Supervisory Board of the Company on the performed supervision of the business operations of the Company in 2016, the Report and opinion of the Auditor on the performed audit of the business operations of the Company for the year 2016, the decision on establishment of the fundamental annual financial statements of the Company for the year 2016; - The General Assembly has taken note of the Reports, that is, Decisions indicated in item $2 - 5$ of the Agenda.

ILIRIJA d.d. za ugostiteljstvo i turizam, Tina Ujevića 7, Biograd n/M, Trgovački sud u Zadru, MBS: 060032302, Matični broj: 3311953., OIB: 05951496767; račun: ERSTE & STEIERMARKISCHE BANK d.d. - RIJEKA IBAN: HR5824020061100097324. Temeljni kapital: 150.857.300,00 kn, uplaćen u cjelosti. Broj izdanih dionica: 274.286, nominalni iznos dionice: 550,00 kn. Uprava: G. Ražnjević, Predsjednik Nadzornog odbora: G.Medić

Tel: Centrala ++385 23 383 165; Fax: ++385 23 384 564; Prodaja: ++385 23 383 556; sales@ilirijabiograd.com; www.ilirijabiograd.com

Item 6 of the Agenda

Decision on use of profit of Ilirija d.d. for the fiscal year 2016;

was adopted by means of valid voting based on 237,137 shares (one share equals one vote) which accounts for 78.60 % of shares in the share capital of the Company or 100% of the share capital present at the General Meeting and 78.83% of shares in the share capital of the Company reduced by treasury shares. Of which: IN FAVOR OF $-$ 237,137 votes, AGAINST – none, ABSTENTION – none.

Item 7 of the Agenda

Decision on the distribution of the dividend from the retained profit from the year 2006, 2010 and 2011; was adopted by means of valid voting based on 237,137 shares (one share equals one vote) which accounts for 78.60 % of shares in the share capital of the Company or 100% of the share capital present at the General Meeting and 78.83% of shares in the share capital of the Company reduced by treasury shares. Of which: IN FAVOR OF $-$ 237,137 votes, AGAINST $-$ none, ABSTENTION - none.

Item 8 of the Agenda

Decision on remuneration of the Management Board Members of the Company; was adopted by means of valid voting based on 237,137 shares (one share equals one vote) which accounts for 78.60 % of shares in the share capital of the Company or 100% of the share capital present at the General Meeting and 78.83% of shares in the share capital of the Company reduced by treasury shares. Of which: IN FAVOR OF $-237,137$ votes, AGAINST – none, ABSTENTION – none.

Item 9 of the Agenda

Decision on remuneration of the Supervisory Board Members of the Company was adopted by means of valid voting based on 237,137 shares (one share equals one vote) which accounts for 78.60 % of shares in the share capital of the Company or 100% of the share capital present at the General Meeting and 78.83% of shares in the share capital of the Company reduced by treasury shares. Of which: IN FAVOR OF - 237,137 votes, AGAINST - none, ABSTENTION none.

Item 10 of the Agenda

Decision on appointment of auditor for the year 2017;

was adopted by means of valid voting based on 227,999 shares (one share equals one vote) which accounts for 75.57 % of shares in the share capital of the Company or 96,15% of the share capital present at the General Meeting and 75.79% of shares in the share capital of the Company reduced by treasury shares. Of which: IN FAVOR OF - 227,999 votes, AGAINST - none, ABSTENTION -9.138.

Tel: Centrala ++385 23 383 165; Fax: ++385 23 384 564; Prodaja: ++385 23 383 556; sales@ilirijabiograd.com; www.ilirijabiograd.com

Item 11 of the Agenda

Decision on an increase in share capital from the Company's funds (reinvested profit); was adopted by means of valid voting based on 237,137 shares (one share equals one vote) which accounts for 78.60 % of shares in the share capital of the Company or 100% of the share capital present at the General Meeting and 78.83% of shares in the share capital of the Company reduced by treasury shares. Of which: IN FAVOR OF - 237,137 votes, AGAINST - none, ABSTENTION none.

Item 12 of the Agenda

Decision on changes and amendments to the Articles of Association of the company Ilirija d.d. and adoption of the full text.;

was adopted by means of valid voting based on 237,137 shares (one share equals one vote) which accounts for 78.60 % of shares in the share capital of the Company or 100% of the share capital present at the General Meeting and 78.83% of shares in the share capital of the Company reduced by treasury shares. Of which: IN FAVOR OF - 237,137 votes, AGAINST - none, ABSTENTION none.

Yours sincerely,

ILIRIJA d.d. MANAGEMENT BOARD: Goran Ražnjević LIRLIA dioničko društvo za ugostiteljstvo i turizam Biograd na Moru

ILIRIJA d.d. za ugostiteljstvo i turizam, Tina Ujevića 7, Biograd n/M, Trgovački sud u Zadru, MBS: 060032302, Matični broj: 3311953., OIB: 05951496767; račun: ERSTE & STEIERMARKISCHE BANK d.d. - RIJEKA IBAN: HR5824020061100097324. Temeljni kapital: 150.857.300,00 kn, uplaćen u cjelosti. Broj izdanih dionica: 274.286, nominalni iznos dionice: 550,00 kn. Uprava: G. Ražnjević, Predsjednik Nadzornog odbora: G.Medić