Tatry Mountain Resorts A.S.

Prospectus • Dec 14, 2020

Current Report – Approval of the bond prospectus

Tatry mountain resorts, a.s. with its headquarters in Demänovská Dolina 72, 031 01 Liptovský Mikuláš, the Slovak Republic, ID No.: 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 following current report:

On December 9, 2020 the National Bank of Slovakia approved the security prospectus for the Company's bonds, named Bond TMR V 6.00/2026 (the "Bonds") in the anticipated nominal value of up to EUR 110,000,000, with the face value of EUR 1,000, ISIN: SK4000018255, with the fixed coupon rate of 6.0% p.a., the issue date on February 2, 2021 and the maturity date on February 2, 2026. The public offering of the Bonds starts on December 14, 2020 in the Slovak and Czech Republic. The Bonds prospectus is published on the Company website, www.tmr.sk.

Ing. Jozef Hodek CFO and Member of the Board of Directors

Liptovský Mikuláš 14/12/2020

Tatry mountain resorts, a.s.