Podravka d.d. — AGM Information 2017

Jan 20, 2017

PODRAVKA Inc. Ante Starčević Str. No 32 48000 Koprivnica

Ticker: PODR-R-A ISIN: HRPODRRA0004

Listing: Official Market of the Zagreb Stock Exchange

Koprivnica, 20th January 2017

• - ZAGREB STOCK EXCHANGE
• - CROATIAN FINANCIAL SERVICES SUPERVISORY AGENCY
• - CROATIAN NEWS AGENCY
• - COMPANY WEB SITE

Re: Request for amendment of the Agenda to the General Assembly of PODRAVKA Inc., convened for 21 st February 2017 - notice

Pursuant to the Articles 280 and 282 of the Company Law, we hereby inform that on 19th January 2017, PODRAVKA Inc. received a request from Croatian Pension Insurance Fund and the Republic of Croatia, represented by their legal representative Restructuring and Sale Center for amending the Agenda to the General Assembly of PODRAVKA Inc., convened for 21 st February 2017.

The above mentioned request is attached to this Notice, as an integral part thereof.

PODRAVKA Inc.

Class: 943-06/17-05/2 No: 360-02/04-2017-3

Zagreb, 19th January 2017

Podravka Inc. Att Management Board Starčevića 32 48 000 Koprivnica

Re: Amendment to the Agenda of the General Assembly of PODRAVKA Inc., convened for 21st February 2017 - request, delivered

Pursuant to the Article 280 par.1 of the Companies Law, Croatian Pension Insurance Fund and Republic of Croatia, represented by the legal representative Restructuring and Sale Center (hereinafter: CERP), as members of the company PODRAVKA Inc., Koprivnica (hereinafter: Company), holding a total of 1,401,814 Company shares, which represents 19.69% of the Company share capital, propose the amendment to the announced Agenda of the General Assembly of PODRAVKA Inc., convened for 21st February 2017, in the manner that after the announced item 1, a new item 2 is inserted, which reads as follows:

"2. Passing a decision on recall of the Company Supervisory Board members"

Draft Resolution:

Ad 2) Present members of the Supervisory Board of Podravka Inc. are recalled as follows:

• Mato Crkvenac, Karlovac, Supilova 9, OIB 12135716328
• Ivo Družić, Zagreb, Radićevo šetalište 33, OIB 89043019702

Announced item AD 2) becomes item 3)

Counter proposal to item AD 3) reads as follows:

Election of the new Supervisory Board members is proposed as follows:

• 1. Prof. dr.sc. Marko Kolaković, Samobor, Gradišće 48, OIB: 05780180941
• 1. Mr.sc. Slavka Tešija, Zagreb, Zdenački zavoj 66, OIB: 55337489919
• 1. Luka Burilović, Vinkovci, Vijenac Jakova Gotovca 23, OIB: 09991752217
• 1. Sanda Fuček Šanjić, Koprivnica, Miroslav Krleža 61A, OIB: 73604964111

Term to the elected Supervisory Board members starts as of 21st February 2017, and lasts for 4 (four) years.

EXPLANATION

Restructuring and Sale Center as a legal representative of the shareholders Republic of Croatia and Croatian Pension Insurance Fund wishes to recall Supervisory Board members elected by those same shareholder, pursuant to the provisions of the Article 259, item 1 of the Companies Law, stating that Supervisory Board members can be recalled before the end of their term of office.

Director: Mirko Volarević Restructuring and Sale Center