Release of own shares - Notice on 6.7.2022

Based on the provisions of Article 474 of the Capital Market Law, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on July 5th 2022, the Company released 3,332 ordinary shares of the Company with the ticker PODR-R-A, which represents 0.046798% of the Company's share capital.

Pursuant to above, the Company share purchase right of the former employee was executed, so that 3,332 shares were purchased from the Company at an average weighted price for the year 2019 of HRK 429.13 per share, which amounted to a total of HRK 1,429,861.16.

After mentioned release of the shares, the treasury account of the Company holds 105,420 of the own shares, which is 1.480617% of the Company's share capital.