Institut IGH d.d.

Report Publication Announcement • Apr 28, 2022

Ordinary share IGH-R-A, ISIN HRIGH0RA0006 Listed on the official market of the Zagreb Stock Exchange Home member state: Croatia LEI Mark: 74780000W0UQ8MF2FU71

Zagreb, 28 April 2022

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

Subject: - Notification on the held Supervisory Board Session - Postponement of the publication of financial statements

Pursuant to the Regulation (EU) no. 596/2014 of the European Parliament and of the Council dated 16 April 2014 on market abuse (Regulation on Market Abuse), the Capital Market Act and the Zagreb Stock Exchange Rules, we are informing as follows:

INSTITUT IGH, d.d. Zagreb, Janka Rakuše 1, VAT NO./ OIB: 79766124714 (hereinafter: Company) hereby announces that on 28 April 2022 a session of the Supervisory Board of the INSTITUT IGH, d.d. was held, at which the following was considered and adopted:

• Report of the fulfilment of the pre-bankruptcy settlement plan for the period 1 January – 31 March 2022

The Company also informs the investment community that due to the difficulties in internal communication with our branch office in Russia owing to the current global geopolitical and economic situation, it is not objectively possible to conduct an audit, which will delay the Company to meet its obligations with regard to publishing the audited annual financial statements for 2021 as well as the unaudited consolidated and unconsolidated financial statements for the first quarter of the financial year 2022.

Namely although the Company decided to close its branch office in Russia in 2022, about which it also informed the investment community, this branch office actively conducted its business during 2021 and during the first quarter of 2022. Therefore the Company is obliged to include it in the annual financial statements for 2021 and the first quarter of 2022.

The Company is actively and in accordance with objective possibilities preparing the quarterly report for the first quarter of 2022 and the audited annual financial statements for 2021 and will immediately upon their completion convene a Supervisory Board session of this subject matter.

The Company will publish the annual financial statements for 2021 and the quarterly report for the first quarter of 2022. by 30 June 2022 at the latest.

Yours sincerely,

INSTITUT IGH,d.d.

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

Reg.No.: 3750272 PIN: 79766124714 Business bank: Nova hrvatska banka 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

No of issued shares: IGH 613,709 Nominal share value HRK 190