Institut IGH d.d.

Quarterly Report • Jul 26, 2024

Ordinary share IGH-R-A, ISIN HRIGH0RA0006 Listed on the official market of the Zagreb Stock Exchange Share IGH-R-D, ISIN HRIGH0RD0003 Not listed on the official market of the Zagreb Stock Exchange Home Member State: Croatia LFI mark: 74780000W0UQ8MF2FU71

ZAGREB STOCK EXCHANGE lvana Lučića 2a 10000 Zagreb

HANFA Miramarska 24b 10000 Zagreb

HINA ots@hina.hr

Zagreb, Jule 26, 2024

Subject: Statement of the Management Board on the responsibility for preparing financial reports for the Group Institut IGH, JSC

The Company's Management Board has to ensure that the Group's unaudited financial reports for the accounting period from January to June 2024 are prepared in accordance with the Accountancy Law (Official Gazette 78/15, 133/15, 120/16) and International Reporting Standards as adopted by the European Union, so that these documents provide a true and unbiased picture of the Group's financial standing, business results, change in capital, and cash flow for the period under consideration.

After making due enquiries, the Management Board has a reasonable expectation that the Group has adequate resources to continue operation in the foreseeable future. Accordingly, the Group has prepared its financial reports under assumption that the Group will continue operating for an unlimited period of time.

During preparation of financial reports, the Management Board is responsible:

• · for the selection and, thereafter, for consistent use of appropriate accounting policies;
• for giving reasonable and sensible assessments and estimates;
• · for applying valid financial reporting standards and for making public and explaining every materially significant discrepancy discovered in financial reports;
• · for preparing financial reports under assumption of an unlimited period of operation, except in cases when such assumption is inappropriate.

The Management Board is responsible for keeping proper accountancy records that will depict, to an acceptable level of accuracy, the financial standing and business results of the Group, in full compliance with the Accountancy Law and International Financial Reporting Standards issued by the International Accounting Standards Board (IASB). The Management Board is also responsible for protecting and safeguarding the Group's assets, and hence for undertaking every measure it deems necessary to prevent and discover cases of fraud and other illegal activity.

Signed on the behalf of the Management Board dionicko Robert Petrosian, President of the Management
INSTITUT IGH, d.d. Janka Rakuse 1 10000 Zagrad Croatia	Competent of Commercial Voct - Zagren Register enfy with of poory redublianon	Race b.: 3750272 797861247 4
PHONE +385 (0)1 612 51 25 FAX +385 011 612 54 01 EMAIL igh@igh br WEB WWw.ign.nr	No 080007559 of 0 grodit Share capital: EUR 1 814,630.00 Fare 1 all	Bysiness bank: Arvatska postanska banka s.d IBAN: HR3423900011193006588 SWIFT code: HPBZHR2X

SWIFT code: HPBZHR2X

Management Board Robert Petrosian, Pre Marija Durokovic, Member of the Manag . Member of the Manage aljana Bičani Josip Majer, Member of the Manageme

Supervisory Board Ka Dešković, MEng,CE President of the Supervisory B

No of issued shares: : IGH 1-481 463
Nominal share value EUR 10

Zagreb, June 30, 2024

Subject: Management Report on business results of the Company Institut IGH d.d. and its subsidiaries in the period from January 1 to June 30 2024.

Institut IGH d.d.

In the period from January to June 2024, Institut IGH d.d operated with revenue amounting to EUR 9,067 million. Operating expenses are (excluding amortization) amount to EUR 8,5 million.

After the amortization cost in the amount of EUR 1,1 milion, negative effect of interest and exchange rate differences in the amount of EUR 102 thousands, Institut IGH d.d operated at a profit amounting EUR 508 thousands.

The Company actively implements the policy of increasing liquidity and shortening the period of settlement of liabilities to suppliers and subcontractors of the Company, and the collection of overdue receivables within the agreed deadlines.

The company's activities are aimed at opening representative offices in new markets (Egypt, Armenia, Hungary, Italy) where new infrastructure projects of importance are expected in these markets.

The Company continues to fulfill the set short-term activity plan, improve and further digitize business processes, and invest in new areas of activities such as research and development, and expansion of already started ones such as BIM.

Between January 1 and June 30, 2024 the new contracts were contracted in total of EUR 6,2 million.

IGH Group

In the period from January to June 2024, IGH Group operated at a revenue amounting to EUR 9,067 million. Operating expenses (excluding amortization) amount to EUR 8,5 million.

After the amortization cost in the amount of EUR 1,1 milion, negative effect of interest and exchange rate differences in the amount of EUR 102 thausands, IGH Group operated at a gross profit amounting EUR 511 thousands.

The IGH Institute continues with further enhanced activities defined by the Strategic Development Plan until 2025, which plans additional investments and investments in projects of significant interest for the development of the Institute and the Group. In addition, the IGH Institute is focused on increasing labour productivity and

INSTITUT IGH and Fereis 10000 Zagreb, Cicalla

PHONE + 385 (0)) 613 34 25 F A X + 3 26 (G)1 E 13 !
E MAIL igh A iptul WEE.

Commeteri court nmercial Court in Zap Pogisted entry with company repisitetion 13 0800000

capital

No of issued shows: (61) 208.00

Ren No : 3750. 75766124714 Business bank. IEAN:

Monecembrone Forule

Bithogicularia Boarde
Kedresing, Petrosing, Prices of the Management Board
Vedrana Tetrosing, Member of the Management Board
Mediana Tausan, Member of the Management Fiosa

Supervisney Eparti erker libetköstä. Täl
rei stänt ut dan kan

efficient and efficient realization of projects.

With all the above and the company's human resources, activities in international markets aimed at sustainable growth and development of the Company and Group are intensifying.

On behalf of the INSTITUT IGH, d.d.

Robert Petrosian President of the Management Board

Annex 1	ISSUER'S GENERAL DATA
Reporting period:	1.1.2024 30.6.2024 to
Year:	2024
Quarter:	2.
	Quarterly financial statements
egistration number (MB): 03750272	Issuer's home Member HR State code:
Entity's registration 080000959 number (MBS):
Personal identification 79766124714 number (OIB):	LEI: 74780000W0UQ8MF2FU71
Institution 1461 code:
Name of the issuer: INSTITUT IGH d.d.
Postcode and town: 10000	Zagreb
treet and house number: Janka Rakuše 1
E-mail address: igh@igh.hr
Web address: http://www.igh.hr
Number of employees (end of the reporting
Consolidated report: KD	(KN-not consolidated/KD-consolidated)
Audited: RN	(RN-not audited/RD-audited)
Names of subsidiaries (according to IFRS):	Registered office:	MB:
Bookkeeping firm:	(name of the bookkeeping firm)

8.12

Contact person:
	(only name and surname of the contact person)
Telephone:
E-mail address:
Audit firm:
	(name of the audit firm)
Certified auditor:
	(name and surname)

秒

BALANCE SHEET

balance as at 30.06.2024.

balance as at 30.06.2024. in FUR Submitter: INSTITUT IGH D.D.
Item	ADP code	Last day of the proceding business year	At the reporting date of the current period
	2
A) RECEIVABLES FOR SUBSCRIBED CAPITAL UNPAID	001 002	0 10.236.218	0
B) FIXED ASSETS (ADP 003+010+020+031+036) I INTANGIBLE ASSETS (ADP 004 to 008)	003	20:201	0,556
1 Research and development 2 Concessions, patents, licences, trademarks, software and other	004	0 11.512	0
rights 3 Goodwill	005 006	4.280	0 0
4 Advances for the purchase of intangible assets	007 008	0	0
5 Intangible assets in preparation 6 Other intangible assets	009	4.499 0	8.558 0
II TANGIBLE ASSETS (ADP 011 to 019) 1 Land	010 011	8.049.823 1.255.361	8.839.062 793.256
2 Buildings	012 013	1.316.696 4.547.207	1.098.736 4.038.349
3 Plant and equipment 4 Tools, working inventory and transportation assets	014	775.333	720.115
5 Biological assets 6 Advances for the purchase of tangible assets	015 016	0 42.424	0 43.058
7 Tangible assets in preparation 8 Other tangible assets	017 018	39.631 40.424	72.277 40.424
9 Investment property	018	32,848	32,848
III FIXED FINANCIAL ASSETS (ADP 021 to 030) 1 Investments in holdings (shares) of undertakings within the group	020 021	2.002 789 0	2150.461 0
2 Investments in other securities of undertakings within the group	022 023	0 0	0 0
3 Loans, deposits, etc. to undertakings within the group 4. Investments in holdings (shares) of companies linked by virtue of	024	1.985.533	1.985.533
participating interests 5 Investment in other securities of companies linked by virtue of	025	0	0
participating interests 6 Loans, deposits etc. to companies linked by virtue of participating	026	0	164.928
interests 7 Investments in securities	027	0	0
8 Loans, deposits, etc. given 9 Other investments accounted for using the equity method	028 029	17.256 0	0 0
10 Other fixed financial assets	030	0	0
IV RECEIVABLES (ADP 032 to 035) 1 Receivables from undertakings within the group	031 032	163.215 0	163,215 0
2 Receivables from companies linked by virtue of participating interests	033	0	0
3 Customer receivables 4 Other receivables	034 035	0 163.215	0 163.215
V DEFERRED TAX ASSETS	036	0	0
C) CURRENT ASSETS (ADP 038+046+053+063) HNVENTORIES (ADP 039 to 045)	037 038	8.312:575 1707,003	0.530.459 1.707.903
1 Raw materials and consumables 2 Work in progress	039 040	0 75.408	0 75.408
3 Finished goods	041	0	0
4 Merchandise 5 Advances for inventories	042 043	0 0	0 0
6 Fixed assets held for sale 7 Biological assets	044 045	1.632.495 0	1.632.495 0
II RECEIVABLES (ADP 047 to 052)	046	260 296	4.551.008
1 Receivables from undertakings within the group 2 Receivables from companies linked by virtue of participating	047 048	0 6.145	0 6.145
interests 3 Customer receivables	049	2.070.479	2.989.292
4 Receivables from employees and members of the undertaking	050	178.420	160.998
5 Receivables from government and other institutions 6 Other receivables	051 052	127.746 883 506	256.551 1.138.977
III CURRENT FINANCIAL ASSETS (ADP 054 to 062) 1 Investments in holdings (shares) of undertakings within the group	053 054	3.801.858 0	4,210.707 0
2 Investments in other securities of undertakings within the group	055	0	0
3 Loans, deposits, etc. to undertakings within the group	056	0	0
4 Investments in holdings (shares) of companies linked by virtue of participating interests	057	0	0
5 investment in other securities of companies linked by virtue of participating interests	058	0	0
6 Loans, deposits etc. to companies linked by virtue of participating interests	058	0	0
7 Investments in securities 8 Loans, deposits, etc. given	ubu 061	3.539 3.879.972	3.530 4.185.814
9 Other financial assets IV CASH AT BANK AND IN HAND	062 063	21.348 433.517	21.348 50.894
D ) PREPAID EXPENSES AND ACCRUED INCOME	064	1.138.068	1.878.221
E) TOTAL ASSETS (ADP 001+002+037+064) OFF-BALANCE SHEET ITEMS	065 066	20 888 960 0	570.978 0
LIABILITIES A) CAPITAL AND RESERVES (ADP 068 to
070+076+077+083+086+089	067	3.877.641	4.383.090
I INITIAL (SUBSCRIBED) CAPITAL II CAPITAL RESERVES	068 069	14.814.630 -33.895	14.814.630 -33.895
III RESERVES FROM PROFIT (ADP 071+072-073+074+075) 1 Legal reserves	070 071	-201 600 0	-291.000 0
2 Reserves for treasury shares	072	191.958	191.958
3 Treasury shares and holdings (deductible item) 4 Statutory reserves	073 074	-483.564 O	-483.564 0
5 Other reserves IV REVALUATION RESERVES	075 076	0 2 507.022	0 2.354.766
V FAIR VALUE RESERVES AND OTHER (ADP 078 to 082)	077	68 541	08 541
1 Financial assets at fair value through other comprehensive income (i.e. available for sale)	078	133.711	133.711
2 Cash flow hedge - effective portion 3 Hedge of a net investment in a foreign operation - effective portion	079 080	0 0	0 0
4 Other fair value reserves	081	0	0
5 Exchange differences arising from the translation of foreign operations (consolidation)	082	-35.170	-35.170
VI RETAINED PROFIT OR LOSS BROUGHT FORWARD (ADP 084- 085)	083	18.265:428	13.105.017
1 Retained profit 2 Loss brought forward	084 085	Q 18.265.428	0 13.198.017
VII PROFIT OR LOSS FOR THE BUSINESS YEAR (ADP 087-088)	086 087	4 BEC 204 4,985,294	576,185 576.189
1 Profit for the business year 2 Loss for the business year	088	O	0
VIII MINORITY (NON-CONTROLLING) INTEREST B) PROVISIONS (ADP 091 to 096)	089 090	63.082	63.082
1 Provisions for pensions, termination benefits and similar obligations	091	85,244	85.244
2 Provisions for tax liabilities	092 093	0 904,253	769,539
3 Provisions for ongoing legal cases

4 Provisions for renewal of natural resources	094	0	0
5 Provisions for warranty obligations	095	0	0
6 Other provisions	096	334.993	334.993
C) LONG-TERM LIABILITIES (ADP 098 to 108)	097	2 37 555	1 924.020
1 Liabilities to undertakings within the group	098	0	0
2 Liabilities for loans, deposits, etc. of undertakings within the group	099	0	0
3 Liabilities to companies linked by virtue of participating interests	100	0	0
4 Liabilities for loans, deposits etc. of companies linked by virtue of	101	0	0
participating interests			1.447.649
5 Liabilities for loans, deposits etc,	102	1.911.320
6 Liabilities to banks and other financial institutions	103	200	200
7 Liabilities for advance payments	104	0	0
8 Liabilities to suppliers	105	26,269	26.269
9 Liabilities for securities	106	0	0
10 Other long-term liabilities	107	0	0
11 Deferred tax liability	108	439,766	450.702
D) SHORT-TERM LIABILITIES (ADP 110 to 123)	109	12 683 958	13.632.576
1 Liabilities to undertakings within the group	110	0	0
2 Liabilities for loans, deposits, etc. of undertakings within the group	111	0	0
3 Liabilities to companies linked by virtue of participating interests	112	412.055	412.055
4 Liabilities for loans, deposits etc. of companies linked by virtue of participating interests	113	0	0
5 Liabilities for loans, deposits etc.	114	5.475.671	5.327.318
6 Liabilities to banks and other financial institutions	115	9.242	16.615
7 Liabilities for advance payments	116	787.666	665,438
8 Liabilities to suppliers	117	2.902.913	3.904.876
9 Liabilities for securities	118	91.004	0
10 Liabilities to employees	119	845.976	811.538
11 Taxes, contributions and similar liabilities	120	1.518.806	1.905.227
12 Liabilities arising from the share in the result	121	0	0
13 Liabilities arising from fixed assets held for sale	122	0	0
14 Other short-term liabilities	123	645.623	589.508
E) ACCRUALS AND DEFERRED INCOME	124	418.219	440.113
F) TOTAL - LIABILITIES (ADP 067+090+097+109+124)	125	20 626 860	21 570 975
O OCC. BALANCE SHEET ITEMS	126	0	0

STATEMENT OF PROFIT OR LOSS for the period 01.01.2024 to 30.06.2024

Submitter: INSTITUT IGH D.D. Same period of the previous year Current period ADP ltem code Cumulative Quarter Cumulative Quarter 2 6 1 14.808.945 5.618.836 10.283.843 5.290.169 I OPERATING INCOME (ADP 002 to 006) 001 002 0 1 Income from sales with undertakings within the group 0 O 0 003 8.023.778 4.253.877 9.067.550 5.290.169 2 Income from sales (outside group) 3 Income from the use of own products, goods and services 004 0 0 0 0 0 0 4 Other operating income with undertakings within the group 005 0 0 1.364.959 0 006 6.785.167 1.216.293 5 Other operating income (outside the group) 10.924.852 6.086.962 9.669.437 5.118.602 II OPERATING EXPENSES (ADP 08+009+013+017+018+019+022+029) 007 0 1 Changes in inventories of work in progress and finished goods 008 0 0 0 2.728.240 1.581.899 2.453.404 1.493.742 2 Material costs (ADP 010 to 012) 009 334.458 173.105 010 393.237 147.715 a) Costs of raw materials and consumables 011 0 0 0 0 b) Costs of goods sold 1.320.637 012 2.335.003 1.434.184 2.118.946 c) Other external costs 2.847.115 013 5.365.131 2.560.283 5.440.339 3 Staff costs (ADP 014 to 016) a) Net salaries and wages 014 3.331.944 1.600.981 3.442.065 1.813.372 015 1.353.454 639.242 1.327.560 690.666 b) Tax and contributions from salary costs 016 679.733 320.060 670.714 343.077 c) Contributions on salaries 1.093.459 561.170 1.137.416 507.202 017 4 Depreciation 018 422.406 282.089 263.132 171.142 5 Other costs 019 962,385 919.276 175.670 4.476 6 Value adjustments (ADP 020+021) 020 832.582 832.582 0 0 a) fixed assets other than financial assets 175.670 4.476 129.803 86.694 b) current assets other than financial assets 021 022 0 0 0 7 Provisions (ADP 023 to 028) 0 023 0 0 0 0 a) Provisions for pensions, termination benefits and similar obligations 024 0 0 0 0 b) Provisions for tax liabilities 0 0 0 0 c) Provisions for ongoing legal cases 025 0 0 0 026 0 d) Provisions for renewal of natural resources e) Provisions for warranty obligations 027 0 0 0 0 028 0 0 0 0 f) Other provisions 94.925 353.231 182.245 199.476 8 Other operating expenses 029 16.822 6.579 14,949 14.292 III FINANCIAL INCOME (ADP 031 to 040 030 1 Income from investments in holdings (shares) of undertakings within 0 0 031 0 0 the group 2 Income from investments in holdings (shares) of companies linked by 032 0 0 0 0 virtue of participating interests 3 Income from other long-term financial investment and loans granted to 0 0 033 O 0 undertakings within the group 4 Other interest income from operations with undertakings within the 0 0 0 129 034 aroup 5 Exchange rate differences and other financial income from operations 0 0 0 0 035 with undertakings within the group 0 0 036 0 0 6 Income from other long-term financial investments and loans 037 372 130 299 197 7 Other interest income 038 3.772 828 1.014 459 8 Exchange rate differences and other financial income 039 0 0 0 0 9 Unrealised gains (income) from financial assets 12.678 5.492 13.636 13.636 10 Other financial income 040 306.735 139.513 117,830 70.049 IV FINANCIAL EXPENSES (ADP 042 to 048) 041 1 Interest expenses and similar expenses with undertakings within the 0 0 0 0 042 group 2 Exchange rate differences and other expenses from operations with 0 0 0 0 043 undertakings within the group 127.773 044 282.093 93.289 55.376 3 Interest expenses and similar expenses 045 23 557 11.740 17.158 14.673 4 Exchange rate differences and other expenses 5 Unrealised losses (expenses) from financial assets 046 28 0 0 0 01 047 0 0 0 6 Value adjustments of financial assets (net) 048 1.057 0 7.383 0 7 Other financial expenses SHARE IN PROFIT FROM UNDERTAKINGS LINKED BY VRITUE 0 0 0 0 049 OF PARTICIPATING INTERESTS 0 0 0 0 VI SHARE IN PROFIT FROM JOINT VENTURES 050 VIL SHARE IN LOSS OF COMPANIES LINKED BY VIRTUE OF 051 0 0 0 0 PARTICIPATING INTEREST 052 0 0 0 0 VIII SHARE IN LOSS OF JOINT VENTURES IX TOTAL INCOME (ADP 001+030+049 +050) 053 14.825.767 5.625.415 10.298.792 5.304.461 11.231.587 6.226.475 9.787.267 5.188.651 × TOTAL EXPENDITURE (ADP 007+041+051 + 052) 054 055 3.594.180 -601.060 511.525 115.810 XI PRE-TAX PROFIT OR LOSS (ADP 053-054)

056

1 Pre-tax profit (ADP 053-054)

3.594.180

0

511.525

115.810

in EUR

2 Pre-tax loss (ADP 054-053)	057	0	-601.060	0	0
XII INCOME TAX	058	0	O	-64.664	-42.330
XIII PROFIT OR LOSS FOR THE PERIOD (ADP 055-059)	059	3.594.180	-601.060	576.189	158.140
1 Profit for the period (ADP 055-059)	060	3.594.180	0	576.189	158.140
2 Loss for the period (ADP 059-055)	061	0	-601.060	0	0
DISCONTINUED OPERATIONS (to be filled in by undertakings subject to IFRS only with discontinued operations)
XIV PRE-TAX PROFIT OR LOSS OF DISCONTINUED OPERATIONS (ADP 063-064)	062	0	0	0	0
1 Pre-tax profit from discontinued operations	063	0	0	0	0
2 Pre-tax loss on discontinued operations	064	0	0	0	0
XV INCOME TAX OF DISCONTINUED OPERATIONS	065	0	0	0	0
1 Discontinued operations profit for the period (ADP 062-065)	066
2 Discontinued operations loss for the period (ADP 065-062)	067
TOTAL OPERATIONS (to be filled in only by undertakings subject to IFRS with discontinued operations)
XVI PRE-TAX PROFIT OR LOSS (ADP 055-+062)	068
1 Pre-tax profit (ADP 068)	069	0	0	0	0
2 Pre-tax loss (ADP 068)	070	0	0	0	0
XVII INCOME TAX (ADP 058+065) XVIII PROFIT OR LOSS FOR THE PERIOD (ADP 068-071)	071 072
1 Profit for the period (ADP 068-071)	073
2 Loss for the period (ADP 071-068)	074
APPENDIX to the P&L (to be filled in by undertakings that draw up consolidated annual financial statements)
XIX PROFIT OR LOSS FOR THE PERIOD (ADP 076+077)	075	O	0	0	0
1 Attributable to owners of the parent	076	0	0	0	0
2 Attributable to minority (non-controlling) interest	077	0	0	0	0
STATEMENT OF OTHER COMPRHENSIVE INCOME (to be filled in by undertakings subject to IFRS)
I PROFIT OR LOSS FOR THE PERIOD	078	0	0	0	0
II OTHER COMPREHENSIVE INCOME/LOSS BEFORE TAX (ADP 80+ 87)	079	0	0	0
III Items that will not be reclassified to profit or loss (ADP 081 to 085)	080	0	0	0
1 Changes in revaluation reserves of fixed tangible and intangible assets	081	0	0	0
2 Gains or losses from subsequent measurement of equity instruments at fair value through other comprehensive income	082	0	0	0
3 Fair value changes of financial liabilities at fair value through statement of profit or loss, attributable to changes in their credit risk	083	0	0	0
4 Actuarial gains/losses on the defined benefit obligation	084	0	0	0
5 Other items that will not be reclassified	085	0	0	0
6 Income tax relating to items that will not be reclassified	086	0	0	0
IV Items that may be reclassified to profit or loss (ADP 088 to 095)	087	0	0	0
1 Exchange rate differences from translation of foreign operations	088	0	0	0
2 Gains or losses from subsequent measurement of debt securities at	089	0
fair value through other comprehensive income			0	0
3 Profit or loss arising from effective cash flow hedging	090	0	0	0	0
4 Profit or loss arising from effective hedge of a net investment in a foreign operation	091	0	0	0	0
5 Share in other comprehensive income/loss of companies linked by virtue of participating interests	092	0	0	0	0
6 Changes in fair value of the time value of option	093	0	0
7 Changes in fair value of forward elements of forward contracts	094	0		0	0
			0	0	0
8 Other items that may be reclassified to profit or loss	095	0	0	0	0
9 Income tax relating to items that may be reclassified to profit or loss	096	0	0	0	0
V NET OTHER COMPREHENSIVE INCOME OR LOSS (ADP 080+087- 086 - 096)	097	0	0	0	0
VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 078+097)	098	0	0	0	0
APPENDIX to the Statement on comprehensive in be filled in by undertakings that draw up consolidated statements)
VI COMPREHENSIVE INCOME OR LOSS FOR THE PERIOD (ADP 100+101)	099	0	0	0	0
1 Attributable to owners of the parent	100	0	0	0	0
2 Attributable to minority (non-controlling) interest	101	0	O	0	0

STATEMENT OF CASH FLOWS - indirect method for the period 01.01.2024 to 30.06.2024

Submitter: INSTITUT IGH D.D.			in EUR
Item	ADP code	Same period of the previous year	Current period
1	2	3	4
Cash flow from operating activities
1 Pre-tax profit	001	3.850.451	511.525
2 Adjustments (ADP 003 to 010):	002	6.848.097	1.223.133
a) Depreciation	003	2.230.482	1.137.416
b) Gains and losses from sale and value adjustment of fixed tangible and intangible assets	004	302.754	680.065
c) Gains and losses from sale and unrealised gains and losses and value adjustment of financial assets	005	-1.881	0
d) Interest and dividend income	006	673.744	0
e) Interest expenses	007	-453.835	0
f) Provisions	008	0	0
g) Exchange rate differences (unrealised)	009	0	0
h) Other adjustments for non-cash transactions and unrealised gains and losses	010	4.096.834	-594.348
Cash flow increase or decrease before changes in working capital (ADP 001+002)	011	10.698.548	1.734.658
3 Changes in the working capital (ADP 013 to 016)	012	-9.763.119	-1.054.672
a) Increase or decrease in short-term liabilities	013	-11.553.651	1.175.604
b) Increase or decrease in short-term receivables	014	1.855.007	-1.286.299
c) Increase or decrease in inventories	015	0	0
d) Other increase or decrease in working capital	016	-64.475	-943.977
Il Cash from operations (ADP 011+012)	017	935.429	679.986
4 Interest paid	018	0	0
5 Income tax paid	019	0	0
A) NET CASH FLOW FROM OPERATING ACTIVITIES (ADP 017 to 019)	020	935.429	679.986
Cash flow from investment activities
1 Cash receipts from sales of fixed tangible and intangible assets	021	780.000	0
2 Cash receipts from sales of financial instruments	022	0	0
3 Interest received	023	0	0
4 Dividends received	024	0	0
5 Cash receipts from repayment of loans and deposits	025	0	0
6 Other cash receipts from investment activities	026
Ill Total cash receipts from investment activities (ADP 021 to 026)	027	0 780.000	0 0
1 Cash payments for the purchase of fixed tangible and intangible assets	028	0	0
2 Cash payments for the acquisition of financial instruments	029	0	0
3 Cash payments for loans and deposits for the period	030	-367.917	-1.058.166
4 Acquisition of a subsidiary, net of cash acquired	031	0	0
5 Other cash payments from investment activities	032	0	0
IV Total cash payments from investment activities (ADP 028 to 032)	033	-367.917	-1.058.166
B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (ADP 027 +033)	034	412.083	-1.058.166
Cash flow from financing activities
1 Cash receipts from the increase in initial (subscribed) capital	035	0	0
2 Cash receipts from the issue of equity financial instruments and debt financial instruments	036	0	0
3 Cash receipts from credit principals, loans and other borrowings	037	0	0
4 Other cash receipts from financing activities	038	0	4.391
V Total cash receipts from financing activities (ADP 035 to 038)	039	0	4.391
1 Cash payments for the repayment of credit principals, loans and other borrowings and debt financial instruments	040	0	0
2 Cash payments for dividends	041	0	0

3 Cash payments for finance lease	042	-1.426.603	O
4 Cash payments for the redemption of treasury shares and decrease in initial (subscribed) capital	043	0	O
5 Other cash payments from financing activities	044	0	0
VI Total cash payments from financing activities (ADP 040 to 044)	045	-1.426.603	0
C) NET CASH FLOW FINANCING ACTIVITIES (ADP 039 +045)	046	-1.426.603	4.391
1 Unrealised exchange rate differences in respect of cash and cash equivalents	047		0
D) NET INCREASE OR DECREASE IN CASH FLOWS (ADP 020+034+046+047)	048	-79.091	-373.789
E) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD	049	512.774	433.683
F) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD(ADP 048+049)	050	433.683	59.894

ﺍﻧﮩﯽ ﮐﮯ ﺍ

for the parlod from 1.1.2024 STATEMENT OF CHANGES IN EQUITY

for the parlod from 1.1.2024

to 1.1.2024 for the period from	30,6,2024
1999	g f	Inter (captor)	Gapital resorving	Lugat resorves	- Vessiry andro	And Comments					വിക്കുന്ന കേന്ദ്ര
lance on the first day of the previous business year anges in accounting polic riection of errors lous period	288 8	15,476 105	-33 895	0	191.95	483.584		5.518.291	133 711		35.491	35,635	2.008 65)			-12.996 17
alance on the first day of the previous business year (restated) (ADP 01 to 03)		16,476,105	-33 896	ಿರ	191.95	483.564		5 518 291	133 711		-35.491	-35 835 433	2,008,657	-13.059.661	61 484	-12.998.177
change rate differences from translation of foreign operations pfilioss of the penod	60	0 0	00	000				100				110	4.985.294	4,965,294	1,598	4,966,899
reserves of fixed tangible and intangible assets evaluation 200	07	0						-3.036.478				5.326,706		2 290.229		2.290 229
ains or losses from subsequent measurement of financial assets at fair value ugh other comprehensive income (available for sain)	08	6		్రం
effective hedge of a net invostment in a foreign operation of a loss ansing from affective cash flow hedge ansing from spont of loss	10 60			0100
in other comprehensive incomerloss of companies linked by virtue of inferents	=
Actuarial gainsficises on the defined benefit obligation Quilled	12		0	60
Tax on transactions recognised directly in equilty Other changes in equity unrelated to owners	Ei	0	0	0				25.208			32 *	895,627		921.156		921
occesse in initial (subscribed) capital (other than ansing from the pre-bankruptcy mont procedure or from the relivestment of profé)	15	-9.339015										9.339.015
Decrease in initial (subscribed) capital ansing from the pre-bankruptcy settlement	દ હ
rease in infral (subscribed) capital ansing from the reinvestment of profit .	17
Redemption of treasury sharesholdings
ments from members/s hareholders ment of share in profit/dudend	al Ni
Other distinbutions and payments to members/shareholders Tsansfer to reserver according to the annual schedula	ន ក ន	8.677.540												8 677.54		8.677.5
Increase in reserves arising from the pro-bankruptcy settlement procedure Ballance on the last day of the previous business year reporting period (ADP	દર											2.008.657	-2.008.657
PENDIX TO THE STATEMENT OF CHANGES IN EQUITY (10 be filled in by under	ನ	14.814.630 Ings that draw up financial statem	in accordance with -33.895	0 the IFRS)	191 958	483.564		2507,022	133.711		-35.170	-18.265.428	4.985.294	3.814.558	63.082	3,877,64
OTHER COMPRENENSIVE INCOME OF THE PREVIOUS PERIOD, NET OF TAX OR 06 to 14)	25	0	0	0				-3.011.270			321	6.222.333		3,211,385		3.211.385
COMPREHENSIVE INCOME OR LOSS FOR THE PREVIOUS PERIOD (ADP
25)	26	0		0				-3.011.270			321	6.222.333	4.985.294	8.196.679		8,198 277
TRANSACTIONS WITH OWNERS IN THE PREVIOUS PERIOD RECOGNISED RECTLY IN EQUITY (ADP 15 to 23)	12	-661.475		0								11.347.672	-2.008.657	8.677.540		8.677.54
rent period		14,814,630	-33.695	0	191 85	483 564		2507 022	133 71
alance on the first day of the current business year hanges in accounting policies	នេះ នេះ										-35.170	-18.265.428	4.985.294	3.814.558	63.082	3.877.64
lance on the first day of the current business year (restated) (AOP 28 to 30) school of errors	5	14.814.630	-33.895	0	191.958			2 507,022	133,711
of Moss of the period			0								-35.170	-18 265.428	4.985.294	3.814.558	63.082	3.877 640
ichange rate differences from translation of foreign operations	ಷ ಜ	0 0		00 0 10 0 0				ಲ್					1.10 576 180	576 189		576.180
reserves of fixed tangible and intangible assots nanges in revaluation	ਸ	0						152.254				494 656		344,400		344 40
uph other comprehensive income (available for sale)	ទ្ធន	0
or loss arising from effective cash flow hedge	90	0
effective hedge of a net investment in a foreign ansing from spoll or loss	37	0
income/Inss of companies linked by Victure of ehensive Share in other com Icipating interests	nt	0		00
Actuatial gains/losses on the defined benefit obligation	음 육 =	0
Other changes in equily unrelated to owners Tax on transactions recognised directly in equilly		ರ್	0	ਠ								414,53		-414.538		-414 57
Decrease in initial (subscribed) captal (other than ansing from the pre-bankruptcy tlement procedure or from the reinvestment of profit)	42
in intial (subscribed) capital ansing from the pre-bankruptcy settlement	បា
Decrease in indial (subscribed) capital arising from the remvestment of profit	दे
Redemption of freasury shares/boldings Payments from members/shareholders Payment of share in profil/dividend	មនុស្សនា
shareholders Other distributions and payments to members Camyforward plane
reserves ansing from the pre-bankruptcy settlement procedure in	2 3											4.985.294	-4.985.294
Balance on the last day of the current business year reporting period (ADP 31	રા	14 814,630	-33.895	ల	191.058	483584		2354,769	133.711		35.170	-13,198,017	576 189	4.320.608	63.082	4383.69
PENDIX TO THE STATEMENT OF CHANGES IN EQUITY (to be filled in by unr OTHER COMPREHENSIVE INCOME FOR THE CURRENT PERIOD, NET OF X (ADP 33 to 41)	Argu as the 52	0 up financial state	0 dence	0 the FRS)				-152.265
COMPREHENSIVE INCOME OR LOSS FOR THE CURRENT PERIOD (ADP 32												62.117		-70,136		-70 138
521	કડ	0		0				-152:255				62.117	576.189	506.051		505.05
TRANSACTIONS WITH OWNERS IN THE CURRENT PERIOD RECOGNISED RECTLY IN EQUITY (ADP 42 to 50)	54

NOTES TO FINANCIAL STATEMENTS - TFI (drawn up for quarterly reporting periods)

Reporting period: 1st January, 2024 to 30th June, 2024 Personal identification number (OIB): 79766124714 Name of the issuer: INSTITUT IGH, d.d.

Notes to financial statements for quarterly periods include:

a york on the seem to unes and transition in the nearly of the near and the epot in the epot to he leases to he respect the least on help best on help best of her minister s published in the last annual financial statement is updated (items 15 to 15C IAS 34 - Interim financial reporting).

Listin's last on the peaterials of Describers and the entering with in from and the estimal of the research of the research of the research of the 2024, and Peuropy schilder request to the Commercial Court in Zagreb for the cancellation of the pre-bankruptcy status.

b) infornation on the access b the purpose of understanding internation published in the notes to financial statements drawn up for the seri-anul reporting perior.

Consolidated and non-consolidated financial statements for the period 1st January to 30th June, 2024 are available at the Company's website https://www.igh.hr/

ol assement explaint the communities are appling while minus appring prior on the environment on the case neaccing prices to the case neaccing polices the comprise one clari changes (item 16.A (a) IAS 34 - Interim financial reporting).

The financial statements have been prepared in according Standards adopted by the European Union (FRS) which are in force in the European Union.

d) a description of the financial performance in the issuer whose business is seasonal (items 37 and 38 IAS 34 - Interim financial reporting).

(ofter comments presided by A. - htern film innyam tractive asst soxing bith he ped asses andring the people insess an shorn whith the position of the positions of angles of There is no activity of a seasonal nature, with significantly increased business activity during the spring and autumn months.

esses with the git it use a shom nifin it e per datables are sham with in to posios of une email stribes with the pitch in the left to to the telefon in the electric and the Reeivables and liabilites for interest on band received within the position of receirables and labilities within the group as of June 30h, 2021, are not significan.

Reservations due to court cases on June 30th, 2024. amount to 769 thousand euros, while the previous year they amounted to 904 thousand euros.

Revenues from the sale of services from related parties as of June 30, 2024. are not significant.

Employee expenses in the current period amounted to EUR 5,3 million, while in the same period last year they amounted to EUR 5,2 million.

In the TFI-POD form, transactions with related parties are shown in the provided positions under the name 'within the group'.

f in the noles to quarterly periods financial state information stated above, information in respect of the following maters shall be disclosed.

a minuter your engineer only is east man and if applate, the intrade the untral the untakting sungerop (public belluding soceeting, shrinciply roceeding, shrinding roceeding NSTTUTE LEH Zageb, Janico drisho, Crade, NSS 0379272, OB: 7766124714, Stals: prebankupty which is n the process of deleing the Commentation collinited by the Commentation in 2. adopted accounting policies (only an indication of whether there has been a change from the previous period);

There were no changes in accounting policies compared to the previous reporting period.

. It it al ancond re of rentings that are not industrial the bates steel, ad and rind any with has teen prodection of this has teen goodes any commissions of be undeding whit company linked by virtue of participating interest shall be disclosed separately.

The company has obligations under issued bank guarantees for good performance in the amount of EUR 1.5 million.

1. the amount and nature of individual items of income or expenditure which are of exceptional size or incidence.

Significant fruurs of income and refer primarily to income from the sale of eal estate in Dubroviik and Karbvac, income from rent, and cancellation of reservations.

. anounts oved by the underlaing and failing years, as wel as the undertaling cover by valuaties sociriy unished by the unterlaing, specify, the your in on tecurity,

There are no obligations that mature after more than five years.

1. average number of employees during the financial year - 366

I. here, it an end he equation on to as (salas inquir in links) and trime and the tala cast entrepres diring to ests of e posts of e posts of e posts of environment of be est the assets during the period, showing separately the tsalares and the anount of taxes, contributions from salares and contributions on salaries,

hith sistes year lieves on capitically were served the nature the talanced the states and the annum the ports and online of stares and animal he port and be storing of and b the period.

deferred tax balances at the end of the financial year, and the movement in those balances during the financial year.

1. where a provision for deferred tax is recognised in the balance sheet. the

Deferred tax liability is recognized in the balance sheet based on the revoke of revaluation reserves.

contra costs to the bless hands hands has been added the internain consering spacits on temains and the policity in econdition to continue non andesiment on mondating connect . In e ance actived of the unteral in and the unterest contribution of the contraction in the undersion the continue proconce the aplated the spirity of the spirity of the sp by another undertaking

PRIDRUŽENO DRUŠTVOADRESA

ELPIDA d.o.o.Ventilatorska 24, Lučko, Hrvatska

INSTITUT ZA INFRASTRUKTURNE PROJEKTEBugarska, Sofija PRVI CRNOGORSKI AUTOPUT d.o.o.Crna Gora, Podgorica

IGH KOSOVA SHABill Clinton Bulvari, Kosovo

IGH ITALY SRLPalmanova

1. the number and the nominal value or, in the absence of a neaccuming par value of the shares subscribed during the financial year within the linited capital Duning the business year 2023, an additional 867,754 shares were subscribed, nominal value: EUR 10.00, which makes a total book value of EUR 8,677,540,

During 2024, there were no registration of new shares.

1. the existence of any participates, convertible debentures, warants, oplons or similar securities or rights, with an indication of their number and the rights they confer There is none

2. the name, registered office and legal form of each of the undertakings of which the undertaking is a member having unlimited libblity