Podravka d.d. — Share Issue/Capital Change 2016

Jul 27, 2016

Koprivnica, 27th July 2016

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

Re: Acquisition and release of PODRAVKA Inc. shares based on share option rights notice pursuant to Article 430 and 464 of the Capital Market Law

Pursuant to the provisions of Article 430 and 464 of the Capital Market Law and Article 122 of the Stock Exchange Rules, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 26th December 2015, the Company acquired 2,500 ordinary shares of the Company with the ticker PODR-R-A at the average price of HRK 349.31 per share for the purpose of execution of share purchase option rights of the Company shares.

On the same day the Company has assigned the above mentioned ordinary shares of the Company within the realisation of the Company share purchase option right of Mr. Ivan Galović – Senior Vice President Group Supply Chain.

On the same day Mr. Ivan Galović of so acquired 2,500 ordinary shares of the Company released 900 shares, at the average price of HRK 343,00 per share.

After mentioned acquisition and releasing of the shares, the number of the Company′s own shares issued with voting rights remained unchanged.

All herein mentioned acquisition and releasing of the shares of PODRAVKA Inc. were executed by trading on the Zagreb Stock Exchange - through the authorised broker Zagrebačka banka d.d.

PODRAVKA Inc.