Podravka d d : Resignation of the members of the Supervisory Board - Notice
May 07, 2019 at 03:48 am EDT
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Pursuant to the Article 17 Paragraph 1 of the Market Abuse Regulation No. 596/2014, Article 496. of the Capital Market Law, Article 260.a of the Companies Act and Article 42. of the Act on Amendment of the Mandatory Pension Funds Act, PODRAVKA Inc., Ante Starčevića 32, Koprivnica, PIN: 18928523252 (The Company), hereby notifies that the Company has, on 6th May 2019, received resignation letters of the members of the Supervisory Board of the Company as follows:
Mr. Damir Grbavac has resigned as a member of the Supervisory Board of the Company with effect as of closing of the 1st regular General Assembly of the Company to be convoked in 2019;
Mr. Petar Vlaić has resigned as a member of the Supervisory Board of the Company with effect as of 30th June 2019.
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Podravka dd published this content on 07 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 May 2019 07:47:09 UTC
Podravka d.d. is one of the Croatian largest food processing groups. The group also develops a pharmaceutical products manufacturing and marketing activity. Net sales break down by family of products as follows:
- culinary products (36.3%): seasonings, ready meals, soups, sauces, cereals, desserts, frozen products, etc.;
- food products (20.7%): condiments, tomatoes, sauces, fruits, vegetables, staple foods, bakery and milling products, teas, cereals, etc.;
- snacks, sweets and beverages (18.9%);
- butchery and fish products (18.3%);
- other (5.8%): primarily pharmaceutical products.
Net sales break down geographically as follows: Croatia (75.2%), Central and Eastern Europe (11%) and other (13.8%).
PODRAVKA D.D. 
