Pursuant to the Article 19 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and to Article 464 of the Capital Market Law, PODRAVKA Inc. (hereinafter: Issuer) hereby notifies that on 27th April 2018

the Erste limited liability company - mandatory and voluntary pension funds management company informed the Issuer that on 26.04.2018 it has acquired the shares of the Issuer, in its own name and on behalf of the Erste Plavi Mandatory Pension Fund Category A, Erste Closed-end Voluntary Pension Fund, Closed-end Voluntary Road Workers Pension Fund and Nestlé Closed-end Voluntary Pension Fund.

This Notice is provided due to the fact that Mr. Petar Vlaić, an insider  on  the Insider List of the Issuer – is the Member of the Supervisory Board of the Issuer – who also holds the position of  the President  of  the  Management  Board  of  the Erste limited liability company - mandatory and voluntary pension funds management company.

Information about the transactions are stated in accordance with the Template for the Notifications Nr. 2016/523 on the transactions by persons discharging managerial responsibilities and persons closely associated with them, and for the disclosure of those transactions, and which Template is enclosed to this Notice.