Release of Podravka Inc. shares – Notice on 16.7.2019.

Pursuant to the provisions of Article 474 of the Capital Market Law, PODRAVKA Inc., Ante Starčević Str. No 32, Koprivnica, PIN: 18928523252 (the Company), hereby notifies that on 15th July 2019, the Company released 2,500 ordinary shares of the Company with the ticker PODR-R-A, which represents 0,035112 % of the Company's share capital - for the purpose of execution of the Company share purchase option right by the person who was discharging managerial responsibilities within the Company.

After mentioned release of the shares, the treasury account of the Company holds 130,275 of the own shares, which is 1.829704 % of the Company's share capital.

Herein mentioned release of the shares of PODRAVKA Inc. was executed outside the regulated market through the authorised company Zagrebačka banka d.d.