Valamar Riviera d.d.

Major Shareholding Notification • May 14, 2018

VALAMAR RIVIERA

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 24b Miramarska Street 10000 ZAGREB

HANFA - Official Registry of Regulated Information

Zagreb Stock Exchange 2a Ivana Lučića 10000 ZAGREB

HINA - Croatian News Agency ots@hina.hr

Poreč, 14/05/2018 File no.: 1-69/18

Subject: Notification of share acquisition (Article 464, Capital Market Act, Regulation (EU) no. 596/2014)

Valamar Riviera d.d. with registered office in Poreč,1 Stancija Kaligari, personal identification number (OIB): 36201212847 (hereinafter: the Company or Valamar) according to Article 116 of the Zagreb Stock Exchange Rules, Article 464 of the Capital Market Act, Regulation (EU) No. 596/2014 of the European Parliament and Council dated 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission implementing Regulation (EU) 2016/523 dated 10 March 2016 laying down implementing technical standards with regard to the format and template for notification and public disclosure of managers' transactions in accordance with Regulation (EU) No 596/2014 of the European Parliament and Council, announces that on 14 May 2018 it received a notification from Franz Lanschützer from Vienna, 16/1 Salmannsdorferstraße, 1190 Vienna, Republic of Austria, regarding the acquisition of 5,559,488 shares of the Company, ticker: RIVP, without nominal amount. The shares have been acquired through the merger.

This notification is submitted because Franz Lanschützer is supervisory board deputy chairman at Valamar Riviera d.d.

Below is the prescribed information within the prescribed template.

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; SOCIETE GENERALE - SPLITSKA BANKA d.d. Split IBAN: HR 4023300031100321684, SWIFT: SOGEHR22; 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; CROATIA BANKA d.d. Zagreb IBAN: HR 4824850031100284295, SWIFT: CROAHR2X; President of the Management Board: Željko Kukurin, Member of the Management Board: Marko Čižmek; President of the Supervisory Board: Gustav Wurmböck.

ZAJEDNIČKI ODVJETNIČKI URED MLADEN MARKOČ I IVAN-KREŠIMIR TOMIĆ

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Franz Lanschützer
$\mathbf{2}$ .	Reason for the notification
(a)	Position/status	Deputy Chairman of the Supervisory Board of the issuer
(b)	Initial notification/Amendment	Initial notification
з.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Valamar Riviera dioničko društvo za turizam with registered seat in Poreč, Stancija Kaligari 1, MBS: 040020883, OIB: 36201212847
(b)	LEI	529900DUWS1DGNEK4C68
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the financial instrument, type of instrument	Ordinary shares of the issuer
	Identification code	RIVP, ISIN: HRRIVPRA0000
	Nature of the transaction	Acquisition of shares
(b)		The transaction is not linked to the exercise of a share option programme
(c)	Price(s) and volume(s)	Price(s)	Volume(s)
		N/a (acquisition of shares of the issuer through process of merger of companies)	5,559,488
(d)	Aggregated information
	- Aggregated volume	$-5,559,488$
	- Price	$-$ N/a (acquisition of shares of the issuer through process of merger of companies)
(e)	Date of the transaction	2018-05-08
(f)	Place of the transaction	Outside a trading venue

Signature

$\frac{1}{2}$

у (Перментык I Van-Krešimir Tomić
10000 Zagreb, Bogovićeva 4/II

PUNOMOĆ

POWER OF ATTORNEY

EPIC Hospitality Holding GmbH

Plöβlgasse 8, 1040 Beč / Vienna Republika Austrija / Republic of Austria OIB / PIN: 08264868830 LEI: 391200S8LMNBJIOWAS18

i / and

Wurmböck Beteiligungs GmbH

Plöβlgasse 8, 1040 Beč / Vienna Republika Austrija / Republic of Austria OIB / PIN: 27318626442 LEI: 391200JKZFZWLZMMSX88

i/and

Goldscheider Keramik Gesellschaft m.b.H.

Plöβlg. 8, 1040 Beč / Vienna Republika Austrija / Republic of Austria OIB / PIN: 93917247170 LEI: 391200JQ1R1IJVT4G015

i / and

Franz Lanschützer

Salmannsdorferstraße 16/1, 1190 Beč / Vienna Republika Austrija / Republic of Austria OIB / PIN: 56212187099

i / and

Gustav Wurmböck

Plöβlgasse 8, 1040 Beč / Vienna Republika Austrija / Republic of Austria OIB / PIN: 32466477966

$i /$ and

Peter Goldscheider Plößlgasse 8, 1040 Beč / Vienna Republika Austrija / Republic of Austria

i / and

Marina Wurmböck Plöβlgasse 8, 1040 Beč / Vienna Republika Austrija / Republic of Austria

i / and

Brigitte Goldscheider Plöβlgasse 8, 1040 Beč / Vienna

Republika Austrija / Republic of Austria

ovime opunomoćujemo, svakog pojedinačno, odvietnike

we are hereby authorizing any and all Attorneys at Law

Mladen Markoč, Ivan-Krešimir Tomić

Bogovićeva 4, 10000 Zagreb, Croatia

i odvjetničkog vježbenika

and Attorney at Law Trainee

Relja Pećina

da u naše ime i za naš račun

In our name and on our behalf

• pristupi Hrvatskoj agenciji za nadzor financijskih usluga i izdavatelju Valamar Riviera d.d. (u daljnjem tekstu: Agencija i Valamar Riviera d.d. ili Izdavatelj) te im dostavi obavijesti u smislu odredaba članka 413. te 464. Zakona o tržištu kapitala vezano uz razmierni prijenos 55.594.884 (petsto pedeset i pet milijuna petsto devedeset i četiri tisuće osamsto osamdeset i četiri) dionice društva Valamar Riviera d.d. oznake RIVP-R-A, daljnjem ISIN: HRRIVPRA0000 $(u)$ društva EPIC tekstu: Dionice) $\mathbf S$ Hospitality Holding GmbH. OIB: 08264868830 kao pripojenog društva na stjecatelje 1. Wurmböck Beteiligungs GmbH, OIB: 27318626442, $2.$ Goldscheider Keramik Gesellschaft m.b.H., OIB: 93917247170 i 3. Franza Lanschützera, OIB: 56212187099;
• da daje izjave te poduzima sve radnje koje smatra neophodnim $\mathbf u$ svezi gore navedenog (zastupanje u postupku pred Agencijom i/ili Izdavateljem, dostava potrebne dokumentacije i dr.) kao i da izvršava sva ostala prava koja nam
• To appear before the Croatian Financial Services Supervisory Agency and the Valamar Riviera $d.d.$ issuer (hereinafter: Agency and Valamar Riviera d.d. or Issuer) and deliver them notifications pursuant to Art 413 and 464 of the Capital Markets Act with respect to pro rata transfer of 55,594,884 (fifty five million five hundred ninety four thousand eight hundred eighty four) shares of the company Valamar Riviera d.d. with specific security mark (ticker) RIVP-R-A; ISIN: HRRIVPRA0000 (hereinafter: Shares) from the company EPIC Hospitality Holding GmbH, OIB: 08264868830 as the merged company Wurmböck acquirers 1. to the Beteiligungs GmbH, OIB: 27318626442, 2. Goldscheider Keramik $m.b.H.$ Gesellschaft $OIB:$ and $3₁$ 93917247170 Franz Lanschützer, OIB: 56212187099;
• To make statements and take any and all actions he deems necessary related to the above stated (representation in the proceedings before the Agency and/or the Issuer, delivery of necessary documents etc.), as well as to exercise

$\overline{2}$

pripadaju, kao i da nas zastupa sudski i izvansudski u cilju zaštite i ostvarenja svih naših prava i pravnih interesa u svezi s navedenim.

Opunomoćitelji zadržavaju pravo opoziva ove punomoći pisanim putem.

any and all other rights pertaining to us, as well as to represent us before and out of court for the purpose of protection and attainment of all our rights and legal interests relating to the abovementioned.

We hereby reserve the right to revoke at any time this Power of Attorney on written notice to that effect.

Beč / Vienna, 04.04.2018.

EPIC Hospitality Holding $GmbH$ Gustav Wurmböck, $direktor - director$

Wurmböck Beteiligungs $GmbH$ Gustav Wurmböck, direktor - director

Goldscheider Keramik Gesellschaft m.b.H. Peter Goldscheider, direktor - director

Franz Lanschützer

EPIC Hospitality Holding $GmbH$ Peter Goldscheider, direktor - director

Gustav Wurmböck

Marina Wurmböck

Peter Goldscheider

Brigitte Goldsche