Information on the Status of Independence of the Members of the Supervisory Board of PODRAVKA Inc.

PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (The Issuer) hereby informs that folowing members of the Supervisory Board Mr. Damir Grbavac (President of the Supervisory Board), Mr. Luka Burilović (Vice President of the Supervisory Board), Mr. Petar Miladin, Mr. Krunoslav Vitelj, Mr. Damir Felak, Mr. Ante Jelčić, Mr. Damir Čukman and Mr. Darko Prpić have no family, business or other relations with the Issuer, majority shareholder or group of majority shareholders or members of the Management or Supervisory Board of the Issuer or majority shareholder.