Valamar Riviera d.d.

Capital/Financing Update • Nov 8, 2019

Valamar Riviera d.d. Stancija Kaligari 1 52440 Poreč Croatia

T+385 52 408 000 F+385 52 451 608 www.valamar.com E info@valamar.com

HANFA - Croatian Financial Services Supervisory Agency 6 Franje Račkog 10000 ZAGREB

HANFA - Official Registry of Regulated Information

Zagreb Stock Exchange 2a Ivana Lučića 10000 ZAGREB

HINA - Croatian News Agency ots@hina.hr

Poreč, 8/11/2019 Ur.broj: 1-149/19

Subject: Notification on the conclusion of the long term club loan agreement

Valamar Riviera d.d. with registered office in Poreč, 1 Stancija Kaligari, personal identification number (OIB): 36201212847 (hereinafter: The Company or Valamar), LEI: 529900DUWS1DGNEK4C68, Member State: Republic of Croatia, ISN: HRRIVPRA000, Securities: RIVP (RIVP-R-A), Listing: The Prime Market of Zagrebačka burza d.d., hereby announces the conclusion of the Long Term Club Loan Agreement on November 8th 2019, with the Banks Club consisting of Zagrebačka banka d.d. (also in the role of Agent), Privredna banka Zagreb d.d. and Hrvatska banka za obnovu i razvitak, in the amount of EUR 100 million for the purpose of financing the investment in the future Pinea Valamar Collection Resort 5* in Poreč.

The said legal transaction is another confirmation of trust of the investment and financing community in the further development of the Company.

Valamar Riviera d.d.

Commercial Court in Pazin, Company Registry Number 040020883, VAT identification number HR36201212847; Company: Valamar Riviera Joint Stock Company for Tourism; shortened company name: Valamar Riviera d.d.: HRK 1.672.021.210,00 of shared capital, fully paid, 126.027.542 shares; Registry Number 3474771: Accounts: ADDIKO BANK d.d. Zagreb IBAN: HR 2625000091101024767, SWIFT: HAABHR22; ZAGREBAČKA BANKA d.d. Zagreb IBAN: HR 4123600001101319202, SWIFT: ZABAHR2X; ERSTE & STEIERMÄRKISCHE BANK d.d. Rijeka IBAN: HR 0624020061100389454, SWIFT: ESBCHR22; PRIVREDNA BANKA d.d. Zagreb IBAN: HR 4723400091100153498, SWIFT: PBZGHR2X; RAIFFEISEN BANK AUSTRIA d.d. Zagreb IBAN: HR 1624840081102134625, SWIFT: RZBHHR2X; SBERBANK d.d. Zagreb IBAN: HR 9025030071100039991, SWIFT: VBCRHR22; ISTARSKA KREDITNA BANKA UMAG d.d. Umag IBAN: HR 7423800061110009020, SWIFT: ISKBHR2X; OTP BANKA d.d. Zadar IBAN: HR 4724070001100365752, SWIFT: OTPVHR2X; www.valamar-riviera.com, President of the Management Board: Željko Kukurin, Member of the Management Board: Marko Čižmek; President of the Supervisory Board: Gustav Wurmböck.