Podravka d.d. — Share Issue/Capital Change 2019

Apr 9, 2019

PODRAVKA Inc. Ante Starčević Str. No 32 48000 Koprivnica

Ticker: PODR-R-A ISIN: HRPODRRA0004 LEI: 549300TMC6BYESPQ7W85 Home Member State: Hrvatska Listing: Prime Market of the Zagreb Stock Exchange

Koprivnica, 9 th April 2019

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

Re: Release of PODRAVKA Inc. shares based on share option rights - Notice

Pursuant to the provisions of Article 474 of the Capital Market Law, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 8 th April 2019, the Company released 2,000 ordinary shares of the Company with the ticker PODR-R-A, which represents 0.028090 % of the Company's share capital - for the purpose of execution of the Company share purchase option right by the person who was discharging managerial responsibilities within the Company.

After mentioned release of the shares, the treasury account of the Company holds 143,775 of the own shares, which is 2.019311 % of the Company's share capital.

Herein mentioned release of the shares of PODRAVKA Inc. was executed outside the regulated market - through the authorised company Zagrebačka banka d.d.

PODRAVKA Inc.