Podravka d.d. — Major Shareholding Notification 2018

Aug 3, 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, 3 rd 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 3rd August 2018 that Erste limited liability company mandatory and voluntary pension funds management company informed the Issuer that on 1.08.2018 it has acquired the shares of the Issuer, in the name and on behalf of ERSTE d.o.o. Mandatory and Voluntary Pension Funds management company.

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.

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

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'i tary n STÉ d.o.o. Mandatory a\d Voli ision Funds management\om

ERSTE d.o.o. drustvo za upravijanje obveznim dobrovoljnjm mirovinskim fondovima ZAGREB

Ngíaša ^ňoviójytember of the M^o^r^^nt Board Senka Fekež^Klemen, Member of th'^anagement Board