Release of own shares – Notice

Pursuant to the Article 474 of the Capital Market Law and in accordance with the Resolution of the General Assembly of PODRAVKA Inc. on organized Employee Stock Ownership Plan – ESOP Program dated 3 rd June 2015, PODRAVKA Inc., PIN: 18928523252 (hereinafter: Issuer) hereby notifies that in exercising the right to transfer additional shares under ESOP Program the Issuer released on 2 nd August 2018 a total of 16.784 ordinary shares with ticker PODR-R-A which represents 0,235730 % of the Issuer's share capital.

After mentioned own shares release, the treasury account of the Issuer holds 145.775 of the own shares, which represents 2,047401 % of the Issuer's share capital.