Release of own shares - Notice on 29.8.2022

Pursuant to the provisions of Article 474 of the Capital Market Law, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 25th 2022, the Company released 5.000 ordinary shares of the Company with the ticker PODR-R-A, which represents 0.070225% of the Company's share capital.

Pursuant to the above, based on the Company share purchase right, Marko Đerek, Member of the Management Board of BELUPO Inc., purchased from the Company 5.000 shares at an average weighted price for the year 2017 of HRK 352.15 per share, which amounted to a total of HRK 1,760,750.00.

After mentioned release of the shares, the treasury account of the Company holds 105,444 of the own shares, which is 1.480954% of the Company's share capital.