Valamar Riviera d.d.

AGM Information • Apr 28, 2016

HANFA- Croatian Agency for Supervision of Financial Services Miramarska cesta 24 b 10000 ZAGREB

Zagreb stock exchange d.d. Ivana Lučića 2a 10000 ZAGREB

HINA – Croatian News Agency ots@hina.hr

In Poreč, 28.4.2016. Reg. no.: 1-51/16

Subject: General Assembly of company Valamar Riviera d.d. held on the 27th of April 2016 - notification, voting results, decision on dividend payment

We inform you that on the 27th of April 2016 in hotel VALAMAR DIAMANT u Poreču, Brulo 1, at 15.00 hours was held the General Assembly of company Valamar Riviera d.d., seated in Poreč, Stancija Kaligari 1, OIB 36201212847 (hereinafter: Company), (RIVP-R-A).

General Assembly has brought decisions, except decision on dividend payment, in accordance with decision proposals determined by the Management Board and Supervisory Board of the Company, contained in the invitation for the General Assembly and published in the Official Gazette no 23 from the 16th of March 2016, at the Zagreb stock exchange d.d., on court register internet pages and also published in its prescribed content on the Companies web pages www.valamar-riviera.com. Decision on dividend payment General Assembly has brought in accordance with countermotion of shareholder EPIC Goldscheider und Wurmböck Unternehmensberatungsgesellschaft m.b.H., Ploesslgasse 8, 1040 Vienna, which countermotion shareholder has published on 22nd of April 2016. in daily newspapers "Jutarnji list" and "Poslovni dnevnik".

Also, in accordance with provision of Article 286 Paragraph 6 of the Companies Act the Company publishes the voting results of the General Assembly:

Point 1.a) of the agenda - Decision on distribution of profit realized in 2015

• 69.901.134 shares based on which valid votes were cast,
• Casted valid votes represent a share of 55,46 % of the total share capital of the Company,
• 69.901.134 votes casted FOR,
• 241.865 ABSTENTION votes

Point 1.b) i.) of the agenda - Decision on giving clearance to the members of the Management Board

• 69.890.514 shares based on which valid votes were cast,
• Casted valid votes represent a share of 55,46 % of the total share capital of the Company,
• 69.890.514 votes casted FOR,
• 252.485 ABSTENTION votes

Point 1.b) ii.) of the agenda - Decision on giving clearance to the members of the Supervisory Board

• 69.710.858 shares based on which valid votes were cast,
• Casted valid votes represent a share of 55,31 % of the total share capital of the Company,
• 69.710.858 votes casted FOR,
• 250.684 ABSTENTION votes

Point 2. of the agenda - Decision on payment of dividend

• 65.674.588 shares based on which valid votes were cast,
• Casted valid votes represent a share of 52,11 % of the total share capital of the Company,
• 63.459.161 votes casted FOR,
• 2.215.427 votes casted AGAINST
• 4.468.411 ABSTENTION votes

Point 3. of the agenda - Decision on Appointment of auditor

• 70.047.899 shares based on which valid votes were cast,
• Casted valid votes represent a share of 55,58 % of the total share capital of the Company,
• 70.043.599 votes casted FOR,
• 4.300 votes casted AGAINST
• 95.100 ABSTENTION votes

Point 4. of the agenda - Decision on changes of Statute

• 70.047.899 shares based on which valid votes were cast,
• Casted valid votes represent a share of 55,58 % of the total share capital of the Company,
• 70.047.899 votes casted FOR,
• 95.100 ABSTENTION votes.

General Assembly has brought the Decision on dividend payment in the following text:

1. Shareholders of the Company will be paid dividend in the amount of HRK 0.60 (sixty lipa) per each share.

2. Dividend will be paid from retained profits realized in 2013.

3. The right to payment of dividend (claim) shall belong to all shareholders of the Company, owners of shares registered on their accounts of dematerialized securities in the computer system of the Central Depository and Clearing Company Inc. on 4 May 2016 (record date).

4. The shareholders of the Company willing so, may be paid dividend in rights – the Company's shares. The total dividend pertaining to a shareholder (the number of his shares multiplied by the amount of dividend per share) will first be reduced by the amount of dividend tax (if applicable to a shareholder) and then divided by the average daily price of the Company's shares realized on the official market of the Zagreb Stock Exchange on the date of this decision is passed (rounded to the nearest lower whole number). Possible balance left shall be paid in cash. Payment of dividend in rights – Company's shares shall be made by using treasury shares. If the number of treasury shares is not sufficient for full settlement of all shareholders' claims for a dividend payment in rights – the Company's shares, all requests will be met by adequately and proportionally reducing the number of requested shares.

5. Written, signed statement of the shareholders willing to be paid dividend in rights – the Company's shares, must be received by the Central Depository and Clearing Company Inc. no later than 20 May 2016.

The application form may be downloaded by the shareholders on the Company website (www.valamar-riviera.com).

1. The shareholders who do not provide the statement willing to be paid dividend in rights – shares, or whose statement is not received by the Central Depository and Clearing Company Inc. by 20 May 2016, the dividend shall be paid in cash.

2. The day from which the trade will be performed on regulated market without the right to dividend payment shall be 3 May 2016 (ex dividend date).

3. Dividend will be paid to shareholders of the Company on 27 May 2016 (payment date).

VALAMAR RIVIERA d.d.