In view of the structure and scope of investments of Agria Group Holding AD in acquiring businesses and assets of companies operating in the field of agricultural production, on November 24th 2015 Agria Group Holding AD acquired 100% of the equity shares of a company, operating in the field of agricultural production in North-eastern Bulgaria (Provadiya Municipality, Varna Region) - Agra EAD. The company is holder of ownership right on assets and rights (882 ha of agricultural lands on the territory of Proviya Mucipality and Avren Municipality, Varna Region; real estate - agricultural buildings together with adjacent terrain and land processing rights on 770 ha). The transaction does not fall within the scope of Art. 114, Paragraph 1 from POSA since such kind of transactions, in view of the scope of activity of Agria Group Holding AD and in accordance with the order of Art. 114 Paragraph 9 from POSA, are within the scope of the usual activity of the Company. The transfer of the ownership over the shares is conducted through giro and entering into the Register of the Shareholders of the Company.

The transaction is conformable with the Investment programme of the Holding in direction of expanding the arable lands - own and leased, and the processing and export orientation of the Company, which is the long-term development strategy. Simultaneously, the location of the business and the assets of the acquired by the Holding companies - Agra EAD, BD Agri EOOD and BD Farm EOOD, forms an agricultural farm, with a total area of 4050 ha which includes a grain base and agricultural land of 4050 ha (50% of which are own lands) with logistics center in Provadiya Municipality, Varna Region, which expands the processing and export potential of the Holding and minimizes the influence of outside factors related to supply of raw materials for products in the grain chain.

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