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Tankerska Next Generation d.d. AGM Information 2016

Apr 15, 2016

2103_iss_2016-04-15_a61dc144-5c0e-4240-88d0-ba7931560af0.pdf

AGM Information

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CROATIAN FINANCIAL SERVICES SUPERVISORY AGENCY Miramarska 24b 10000 Zagreb

THE ZAGREB STOCK EXCHANGE Ivana Lučića 2a 10000 Zagreb

ISIN: HRTPNGRA0000 TPNG-R-A Market: Zagreb Stock Exchange Official Market Established A. D. 2014

B. Petranovića 4 23000 Zadar, Croatia

Tel. +385 23 202 135 Fax. +385 23 250 580 e-mail: [email protected]

www.tng.hr

15 April 2016

Subject: Decisions from the Supervisory Board session

We hereby announce that the session of the Supervisory Board of Tankerska Next Generation Inc. was held on 14 April 2016. On the aforementioned session the Supervisory Board considered and adopted the Financial statements for the year ended 31 December 2015 together with Independent auditor's report, and the Company status report.

Financial statements were audited by Deloitte Ltd., and the auditor stated that the financial statements present in all material respects a fair financial position of TNG, as of 31 December 2015, financial performance and cash flows for the year 2015, in accordance with International Financial Reporting Standards as adopted by the European Union.

The Management Board proposed, and the Supervisory Board adopted a decision about the proposal regarding 2015's profit distribution which will be proposed to the General Assembly.

Net profit of Tankerska Next Generation Inc. for the year ending with 31 December 2015 is HRK 34,519,646.04. The proposal to the General Assembly is that a part of net profit in the amount of HRK 34,497,712.95 shall be paid out as dividend to shareholders, in the amount of HRK 3.95 per share. A part of net profit in the amount of HRK 21,933.09 shall be allocated to retained earnings.

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Tankerska Next Generation Inc.

Tankerska Next Generation Shipping Joint Stock Company MBS (registration number) 110046753 Commercial Court in Zadar Božidara Petranovića 4, 23000 Zadar, Croatia Share capital: 436,667,250.00 HRK paid completely Short name of the company: Tankerska Next Generation Inc. Issued shares: 8,733,345 ordinary shares with no par value Incorporated 22 August 2014 The President of Supervisory Board: Ivica Pijaca Company's Bank Account: The Management Board: John Karavanić Privredna Banka Zagreb Inc. Zagreb IBAN HR86 2340 0091 1106 7758 7 Swift code: PBZGHR2X