Podravka d.d. — M&A Activity 2025

Jan 23, 2025

PODRAVKA Inc. Ante Starčevića 32 48000 Koprivnica Ticker: PODR-R-A ISIN: HRPODRRA0004 LEI: 549300TMC6BYESPQ7W85 Home Member State: Croatia Regulated market segment: Prime Market of the Zagreb Stock Exchange

Koprivnica, January 23rd 2025

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

Subject: Notice of approval by the competition authorities

Podravka Inc., Ante Starčevića 32, Koprivnica, OlB: 18928523252 hereby informs that the Company Podravka Agri d.o.o. has received a positive decision from the Croatian Competition Agency, confirming the admissibility of the concentration of undertakings at level 1 in relation to Belje plus d.o.o., PIK-Vinkovci plus d.o.o., Vupik plus d.o.o., Energija Gradec d.o.o., Belje Agro-Vet plus d.o.o. and Felix plus d.o.o.

Podravka Agri d.o.o. has previously received positive decisions from the competition authorities of North Macedonia, Bosnia and Herzegovina, Kosovo, Montenegro and it is still necessary to receive decisions from the competition authorities in the markets in which Podravka Agri d.o.o.obliged to obtain, which will ensure that all necessary regulatory approvals are obtained for the company Podravka Agri d.o.o. to take over the agricultural segment of the Fortenova group, which consists of Belje plus d.o.o., PIK-Vinkovci plus d.o.o., Vupik plus d.o.o., Energija Gradec d.o.o., Belje Agro-Vet plus d.o.o. and Felix plus d.o.o.

Once all conditions have been met, the investment public will be notified in a timely manner.

PODRAVKA Inc.