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

Sep 30, 2016

Koprivnica, 30th September 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 of the Capital Market Law

Pursuant to the provisions of Article 430 of the Capital Market Law PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that for the purpose of execution of share purchase option rights of the Company shares on 28 th September 2016 the Company acquired 2,000 ordinary shares of the Company with the ticker PODR-R-A at the average price of HRK 389.08 per share.

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.

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.