Valamar Riviera d.d.

Capital/Financing Update • Oct 5, 2020

LEI: 529900DUWS1DGNEK4C68 Member State: Republic of Croatia ISIN: HRRIVPRA000 Security: RIVP (RIVP-R-A) Bloomberg: RIVP CZ; Reuters: RIVP.ZA Listing: Prime Market of Zagreb Stock Exchange

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

HANFA – Official Registry of Regulated Information

Zagreb Stock Exchange 2a Ivana Lučića 10000 ZAGREB

HINA – Croatian News Agency ots@hina.hr

Poreč, 05/10/2020 File no.: 1-79/20

Subject: Notification of loan agreements concluded with club of banks (inside information)

Valamar Riviera d.d with registered office in Poreč, 1 Stancija Kaligari, personal identification number (OIB) 36201212847 (hereinafter: the Company) according to Article 17 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council dated 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, hereby announces that the Company concluded loan agreements with club of banks and that Privredna banka Zagreb d.d. (coordinator and agent and lead mandated arranger), Zagrebačka banka d.d. (lead mandated arranger), Sberbank d.d. (lead mandated arranger) and the Croatian Bank for Reconstruction and Development (lead mandated arranger), for a total amount of EUR 66 million for financing the Company's working capital and ensuring medium-term liquidity.

The said legal transactions confirm the trust of the investment and financing community in the further development of the Company.

Valamar Riviera d.d.