Podravka d.d. — AGM Information 2017

May 30, 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, 30th May 2017

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

Re: Request for amending the Agenda of the General Assembly of PODRAVKA Inc., convened for 30th June 2017 - notice

Pursuant to the Articles 280 and 282 of the Company Law, we hereby inform that PODRAVKA Inc. received on 30th May 2017 a request from Allianz ZB d.o.o. company for managing obligatory pension funds in their own name and for the account of AZ Obligatory Pension Fund Category A and AZ Obligatory Pension Fund Category B for amending the Agenda of the General Assembly of PODRAVKA Inc., convened for 30th June 2017.

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

PODRAVKA Inc.

Zagreb, 29th May, 2017

Pursuant to Articles 278 and 280 of the Companies Act, shareholder of PODRAVKA Inc., Allianz ZB d.o.o. company for managing obligatory pension funds from Zagreb, Heinzelova 70, OIB: 58384724129 as the company for managing obligatory pension funds (hereinafter: AZ d.o.o.), on its behalf, for the account:

• (i) AZ obligatory pension fund of A category, Heinzelova 70, Zagreb, OIB: 15220336427, holder of 17,065 of regular shares in the company PODRAVKA Inc., which is 0.24% of the share capital of the company PODRAVKA,
• (ii) AZ obligatory pension fund of B category, Heinzelova 70, Zagreb, OIB: 59318506371, holder of 902,874 of regular shares in the company PODRAVKA Inc., which is 12.68% of the share capital of the company PODRAVKA,

Propose the following:

AMENDMENT TO THE PUBLISHED AGENDA

Of the Generally Assembly of PODRAVKA Inc. Koprivnica, A. Starčevića 32 convened on 30th June, 2017 starting at 12.00 at headquarters of PODRAVKA Inc. in Koprivnica, A. Starčevića 32

In the manner that after announced item 7 on the agenda, new item 8 of the agenda be inserted, reading:

"8. Passing a Resolution on recall and election of the Company Supervisory Board member.

Proposal of Resolution is:

Ad 8.

"1. Present Supervisory Board member in PODRAVKA Inc. Dinko Novoselec from Zagreb, Kranjčevićeva 44, OIB: 35751455327 is recalled as of 30th June, 2017.

2. New elected member to the Supervisory Board of PODRAVKA Inc. is Ivana Matovina from Sesvete, Ulica maćuhica 27, OIB: 29131784236.

3. Supervisory Board member of the company PODRAVKA Inc. stated under item 2 of this Resolution is elected to a 4-year term, as of 30th June 2017.

4. This Resolution comes to force as of the day it is passed."

Explanation:

Allianz ZB d.o.o. company for managing obligatory pension funds on its behalf, for the account of AZ obligatory pension fund of A category, Heinzelova 70, Zagreb, OIB: 15220336427 and AZ obligatory pension fund of B category, Heinzelova 70, Zagreb, OIB: 59318506371, wishes to recall a Supervisory Board member pursuant to the provisions of Article 259 of the Companies Act, stating that Supervisory Board members can be recalled before the end of their term.

Moreover, pursuant to Article 278 and 280 of the Companies act, new Supervisory Board member of PODRAVKA suggested to this position as of 30th June 2017, is Ivana Matovina. Ivana Matovina is B.Sc. Econ. And has extensive business experience in the area of financial and public sector. She is also a founder of the company Antares revizija d.o.o. and Antares savjetovanje d.o.o. Ivana Matovina is also a permanent court expert in finance, accounting, auditing and banking. Member of the Croatian auditing Chamber, authorised auditor and authorised accountant Great Britain. From 2012 to 2016 she carried the duty as Council member of the Croatian Financial services supervisory Agency. Considering all stated, it is evident that Ivana Matovina has the necessary knowledge and experience to perform the function of Supervisory Board member of PODRAVKA Inc.

Shareholder of PODRAVKA Inc.:

Allianz ZB d.o.o. company for managing obligatory pension funds

(for the account AZ obligatory pension fund of A category A and AZ obligatory pension fund of B category)

_____________________________ _________________________________ Kristijan Buk, Mario Staroselčić Management Board president Management Board member