Jadran d.d. — Major Shareholding Notification 2019

May 6, 2019

JADRAN D.D. Bana Jelačića 16, 51260 Crikvenica, Croatia PIN (OIB): 56994999963 ISIN: HRJDRNRB0002

Security: JDRN-R-B

LEI: 74780030Q33IX8LEE969

CROATIAN FINANCIAL SERVICES SUPERVISORY AGENCY Franje Račkog 6 10 000 Zagreb

ZAGREB STOCK EXCHANGE d.d. Ivana Lučića 2a 10 000 Zagreb

Croatian News Agency (HINA - OTS)

In Crikvenica, 06 May 2019

SUBJECT: Acquisition of JADRAN d.d. shares – Notice

Pursuant to Article 19 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation), JADRAN d.d. (hereinafter: Issuer) hereby notifies that PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management informed the Issuer that it has acquired the shares of the Issuer, in its own name and on behalf of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management – categorie B, on 2 and 3 May 2019.

This Notice is provided due to the fact that Mr. Ante Jelčić, employee of the PBZ CROATIA OSIGURANJE Joint Stock Company for Compulsory Pension Funds Management, also holds the position of the Member of the Supervisory Board of JADRAN d.d., with a registered office in Crikvenica, Bana Jelačića 16, PIN (OIB): 56994999963.

Information on the transactions are stated in accordance with the template for the notifications on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions, and received templates are enclosed herein.

Sincerely, Jadran d.d.

Jadran d.d. za hotelijerstvo i turizam, Bana Jelačića 16, HR-51260 Crikvenica | www.jadran-crikvenica.hr

Uprava: T: +385 (0)51 241 222 F: +385 (0)51 241 632 E: uprava@jadran-crikvenica.hr Marketing: T: +385 (0)51 241 970 F: +385 (0)51 241 975 E: marketing@jadran-crikvenica.hr OIB: 56994999963 Privredna banka d.d. 2340009-1110722690 IBAN: HR4323400091110722690 SWIFT: PBZGHR2X

Temeljni kapital iznosi 482.507.730,00 kn uplaćen u cijelosti podijeljen na 27.971.463 redovnih dionica bez nominalnog iznosa. Društvo je upisano u Sudski registar Trgovačkog suda u Rijeci pri Trgovačkom sudu u Rijeci pod MBS: 040000817. Predsjednik Uprave: Goran Fabris, Član Uprave: Karlo Čulo, Predsjednik Nadzornog odbora: Tomislav Kitonić

Zagreb, 6th May 2019

Number: 2019-0185

Hrvatska agencija za nadzor financijskih usluga Franje Račkog 6 10 000 Zagreb

Jadran d.d. za hotelijerstvo i turizam Bana Jelačića 16 51260 Crikvenica

Template for notification and public disclosure of transactions by persons discharging managerial
. The many of the was and cases also are alsociated with them cation and public disclosation of the sely associated with them

	Details of the person discharging managerial responsibilities/person closely associated
	PBZ CROATIA OSIGURANJE Compulsory Pension Fund - Category B a) Name
	Reason for the notification
	Position/status	Ante Jelčić is the member of the Supervisory board of JADRAN JSC and also the Head of Financial Markets Analysis Department of PBZ CROATIA OSIGURANJE JSC for Compulsory Pension Funds Management.
Initial notification b) Initial notification/Amendme Int
	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	Name	JADRAN JSC
74780030Q33IX8LEE969 b) ILEI
	4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (li) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

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brojizdanih dionica je 56.

OBVEZNI MIROVINSKI FONDOVI PBZCROATIA OSIGURANJE

	a) Description of the financial instrument, type of instrument Identification code	Shares of JADRAN JSC Symbol JDRN-R-B ISIN : HRJDRNRB0002
b)	Nature of the transaction	Acquisition of shares
	Price(s) and volume(s)	Date(s)	Price(s)	Volume(s)
		02.05.2019.	15,89 HRK	3.141
		03.05.2019.	15,75 HRK	391
	Aggregated linformation - Aggregated volume Price	Aggregated volume: 3.532 shares - Price: 15,87 HRK (average weighted price of agregate transactions) -
	Date of the transaction	2019-05-02, 2019-05-03
	Place of the transaction	Zagreb Stock Exchange

Member of the management board

Renata Kašnjar-Putar

President of the management board Dubravko Štimac