Institut IGH d.d.

Regulatory Filings • Mar 2, 2022

Ordinary share IGH-R-A, ISIN HRIGH0RA0006 Listed on the official market of the Zagreb Stock Exchange Home Member State: Croatia LEI mark: IGH-R-A, ISIN HRIGH0RA0006

ZAGREB STOCK EXCHANGE HANFA HINA Ivana Lučića 2a Miramarska 24b ots@hina.hr10000 10000 Zagreb 10000 Zagreb

Investor disclosure

Institut IGH, JSC closes its Russian subsidiary

Zagreb, March 2 2022 – Institut IGH, JSC decided to close its subsidiary in the Russian Federation. The closure will not impact the Company's further business plans.

Also, although the Company has opened accounts for years in several Croatian banks and performs regular daily business transactions, we welcome the resolution and the takeover of Sberbank Hrvatska d.d, as one of the banks in which the Company has a business account, by the Hrvatska poštanska banka. This solution allows the continuation of the bank's regular operations towards all its clients.

Sincerely,

INSTITUT IGH, JSC

INSTITUT IGH, d.d. Janka Rakuše 1 10000 Zagreb, Croatia

PHONE +385 (0)1 612 51 25 FAX +385 (0)1 612 54 01 EMAIL igh@igh.hr WEB www.igh.hr

Competent court: Commercial Court in Zagreb Register entry with company registration No 080000959

Share capital: HRK 116,604,710.00 Paid in full No of issued shares: IGH 613,709

Nominal share value HRK 190

Reg.No.: 3750272 PIN: 79766124714 Business bank: SBERBANK d.d. IBAN: HR6825030071100087335 SWIFT code: VBCRHR22

Management Board:

Robert Petrosian, President of the Management Board Vedrana Tudor, Member of the Management Board Miroslav Pauzar, Member of the Management Board Igor Džajić, Member of the Management Board

Supervisory Board: Žarko Dešković, MEng.CE President of the Supervisory Board