Information on the Status of own shares

Pursuant to the provisions of Article 474 paragraph 3 of the Capital Market Act, PODRAVKA Inc. with registered office in Koprivnica, Ante Starčević Str. No 32, PIN: 18928523252 (hereinafter: Company), hereby announces that as at 23rd March 2020 it holds 127,916 own shares, which represents 1.80% of the Company’s share capital.

The Company acquires treasury shares based on the Resolution of the General Assembly on providing authority to the Company Management Board on acquiring own Company shares from 3rd June 2015 and are held in accordance with the purpose stated in this Decision.

The Company does not have a program for acquiring own shares or employee share ownership program.