Tatry Mountain Resorts A.S.

AGM Information • Mar 24, 2016

March 24, 2016

Notice of convocation of the Annual General Meeting

The Board of Directors of Tatry mountain resorts, a.s. with its headquarters in Demänovská dolina 72, 031 01 Liptovský Mikuláš, the Slovak Republic, IČO: 31 560 636, registered in the Business Register by the District Court of Žilina, Section: Sa, File No. 62/L (the "Company"), as an issuer of securities admitted to trading at a listed market and a free market, hereunder announces the convocation of an Annual General Meeting, which will be held on April 28, 2016 at 11:00 a.m. at GRANDHOTEL STARÝ SMOKOVEC, Starý Smokovec 38, 062 01 Vysoké Tatry, Slovak Republic with the following agenda:

• 1. Opening of the Annual General Meeting of the Company;
• 1. Election of bodies of the Annual General Meeting (chairman of the Annual General Meeting, the keeper of the minutes, two minutes certifiers and persons authorized with counting of votes), adoption of the participation of third parties at the Annual General Meeting;
• 1. Discussion on the Board of Directors' business activity report, report of the Company´s assets and financial performance as of 31/10/2015, business plan and budget of the Company for the financial year beginning on 01/11/2015 and ending on 31/10/2016, the Annual Report as of 31/10/2015, the report of the Supervisory Board;
• 1. Adoption of the annual individual financial statements as of 31/10/2015 and the proposal to distribute the profit made in the financial year beginning on 01/11/2014 and ending on 31/10/2015;
• 1. Adoption of Company´s auditor pursuant to § 19 Act No. 431/2002 Coll. on Accounting;
• 1. Election of a Supervisory Board member, adoption of the Agreement on the Supervisory Board member capacity;
• 1. Change of Company´s Articles of Association;
• 1. End of the session.

The record date for exercising the right to attend the Annual General Meeting, the right to vote there, request information and explanations and propose motions, is three days before the Annual General Meeting is held, i.e. 25 April 2016.

The registration of Company´s shareholders will take place at the venue of the Company's Annual General Meeting on 28 April 2016 from 09:00 a.m. to 10:30 a.m.

The notice of convocation of the Annual General Meeting was published on 24/03/2016 in the Slovak daily newspaper Pravda, Polish Gazeta Wyborcza, and at www.valnehromady.cz. The abovementioned information is available on the Company website www.tmr.sk.

Ing. Jozef Hodek Member of the Board of Directors

Demänovská Dolina 24/03/2016