Jadran d.d. — Capital/Financing Update 2018

Sep 17, 2018

JADRAN d.d. Bana Jelačića 16 51260 Crikvenica

Crikvenica, 14 September 2018

ZAGREB STOCK EXCHANGE d.d.

Ivana Lučića 2a 10000 Zagreb

Notice on the method of publication of the Prospectus

Pursuant to Article 434, paragraph 4 of the Capital Market Act (Official Gazette 65/2018) and in accordance with the provisions of Article 9 of the Commission Delegated Regulation (EU) No. 2016/301, JADRAN d.d. seated in Crikvenica, Bana Jelačića 16, Company Identification Number (OIB): 56994999963 (hereinafter: the "Issuer"), hereby issues the notice on the method of publication of the Prospectus of Issuing and Listing of ordinary shares on the regulated market of the Zagreb Stock Exchange d.d. (hereinafter: the "Prospectus of Issuing and Listing") of 11 September 2018 for the purpose of issuing and listing of a maximum of 16,390,360 ordinary shares without nominal value.

The Croatian Financial Services Supervisory Agency on 12 September 2018 issued a Decision, class: UP/I 976-02/18-01/04, File No.: 326-01-770-772-18-12, approving the Issuer's Prospectus of Issuing and Listing.

The subject of issuing, admission and listing on the official market of the Zagreb Stock Exchange d.d. is a maximum of 16,390,360 ordinary shares without nominal value ("New Shares").

Offering period for New Shares runs from, and including, 14 September 2018, from 8:00 to, and including, 28 September 2018 until 19:00.

The expected time of listing of New Shares on the regulated market of the Zagreb Stock Exchange d.d. is in October 2018.

The Prospectus of Issuing and Listing was published on 13 September 2018, and is available to the public, in electronic form, at the Issuer's website http://jadrancrikvenica.hr/ext/docu/Prospekt-izdanja-i-uvrstenja-redovnih-dionica-na-uredeno-trziste-Zagrebacke-burze-dd.pdf, and its printed version is available, at request and free of charge, in the head office of the Issuer and Privredna banka Zagreb d.d. seated in Zagreb, Radnička cesta 50, as the Issuing and Listing Agent, and will be available at least for a period of one year from the approval of the Prospectus of Issuing and Listing.

On 14 September 2018, the Issuer has published a Notice on the method of publication of the Prospectus (hereinafter: the "Notice") in the Novi List magazine, whose copy is attached to this official letter.

JADRAN d.d. Bana Jelačića 16 51260 Crikvenica

Zagreb, 14 September 2018

Notice on the method of publication of the Prospectus

Pursuant to Article 434, paragraph 4 of the Capital Market Act (Official Gazette 65/2018) and in accordance with the provisions of Article 9 of the Commission Delegated Regulation (EU) No. 2016/301, JADRAN d.d. seated in Crikvenica, Bana Jelačića 16, Company Identification Number (OIB): 56994999963 (hereinafter: the "Issuer") hereby issues the notice on the method of publication of the Prospectus of Issuing and Listing of ordinary shares on the regulated market of the Zagreb Stock Exchange d.d. (hereinafter: the "Prospectus of Issuing and Listing") of 11 September 2018 for the purpose of issuing and listing of a maximum of 16,390,360 ordinary shares without nominal value.

The Croatian Financial Services Supervisory Agency on 12 September 2018 issued a Decision, class: UP/I 976-02/18-01/04, File No.: 326-01-770-772-18-12, approving the Issuer's Prospectus of Issuing and Listing.

The subject of issuing, admission and listing on the official market of the Zagreb Stock Exchange d.d. is a maximum of 16,390,360 ordinary shares without nominal value (hereinafter: "New Shares").

Offering period for New Shares runs from, and including, 14 September 2018, from 8:00 to, and including, 28 September 2018 until 19:00.

The expected time of listing of New Shares on the regulated market of the Zagreb Stock Exchange d.d. is in October 2018.

The Prospectus of Issuing and Listing was published on 13 September 2018 and i s available to the public, in electronic form, at the Issuer's website at http://iadrancrikvenica.hr/ext/docu/Prospekt-izdania-i-uvrstenia-redovnih-dionica-na-uredeno-trziste-Zagrebacke-burze-dd.pdf, and its printed version is available, at request and free of charge, in the head office of the Issuer and Privredna banka Zagreb d.d. seated in Zagreb, Radnička cesta 50, as the Issuing and Listing Agent, and will be available at least for a period of one year from the approval of the Prospectus of Issuing and Listing.