Podravka d.d. — Director's Dealing 2018

Aug 1, 2018

PODRAVKA Inc. Ante Starčević Str. No 32 48000 Koprivnica

Ticker: PODR-R-A ISIN: HRPODRRA0004 Listing: Official Market of the Zagreb Stock Exchange

Koprivnica, 1 st August 2018

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

Re: Acquisition of PODRAVKA Inc. shares – Notice

Pursuant to the 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), PODRAVKA Inc. (hereinafter: Issuer) hereby notifies that on 1st August 2018 that Erste limited liability company mandatory and voluntary pension funds management company informed the Issuer that on 30.07.2018 it has acquired the shares of the Issuer, in the name and on behalf of Nestlé Closedend Voluntary Pension Fund.

This Notice is provided due to the fact that Mr. Petar Vlaić, an insider on the Insider List of the Issuer – is the Member of the Supervisory Board of the Issuer – who also holds the position of the President of the Management Board of the Erste limited liability company - mandatory and voluntary pension funds management company.

Information about the transactions are stated in accordance with the Template for the Notifications Nr. 2016/523 on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions, and which Template is enclosed to this Notice.

PODRAVKA Inc.

PODRAVKA Inc., Koprivnica, Ante Starčevića 32, The Commercial Court in Varaždin, CRN: 010006549, PIN: 18928523252, Privredna banka Zagreb P.L.C., Zagreb, Radnička cesta 50, IBAN: HR94 2340 0091 1000 9852 6, share capital: HRK 1,566,400,660.00, paid in full, total number of shares issued: 7,120,003, nominal share value: HRK 220.00, President of the Supervisory Board: D. Štimac, President of the Management Board: M. Pucar, members of the Management Board: D. Doko, H. Kolarić, Lj. Šapina, M. Đerek

Template for notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	ERSTE d.o.o. Mandatory and Voluntary Pension Funds management company on behalf of Nestlé Closed-end Voluntary Pension Fund
$\overline{2}$	Reason for the notification
(a)	Position/status	Mr. Petar Vlaić is the Member of PODRAVKA Inc. Supervisory Board and also President of the Management Board of ERSTE d.o.o. Mandatory and Voluntary Pension Funds management company
(b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	PODRAVKA Inc.
(b)	LEI	549300TMC6BYESPQ7W85
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the financial instrument, type of instrument Identification code	- PODRAVKA Inc. shares - Ticker: PODR-R-A - ISIN: HRPODRRA0004
(b)	Nature of the transaction	- Acquisition of shares
(c)	Price(s) and volume(s)	Price(s)	Volume(s)
		335,0000 HRK	13
(d)	Aggregated information Aggregated volume Price	- Aggregated volume: 13 - Price of the transaction: 4.355,00 HRK $(13 \times 335,0000)$
(e)	Date of the transaction	2018-07-30
(f)	Place of the transaction	The Zagreb Stock Exchange

ERSTE d.o.o. Mandatory and Volumary
Pension Funds management company

Nataša Ivanović, Member of the Management Senka Fekeža Klemen, Member of the Managem and Board

ERSTE d.o.o. društvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima ZAGREB