Plastik d d : General Assembly decisions

Announcement of regulated information

Security: ADPL / ISIN: HRADPLRA0006

LEI: 549300NFX18SRZHNT751

Home Member State: Croatia

Quotation: Zagreb Stock Exchange, Prime Market

Solin, August 24, 2020

General Assembly held

In accordance with the provisions of the Capital Market Act and Zagreb Stock Exchange Rules, we hereby inform that General Assembly meeting was held today in Solin, where all draft decisions stated in Invitation to the General Assembly were confirmed.

The decisions of the General Assembly are attached to this announcement.

Contact:

Katia Zelić

Investor Relations Manager

mob. [phone] [e-mail]

The Company is registered at Commercial Court in Split, Croatia, under code: 060007090

VAT identification number: HR48351740621 • IBAN: HR04 2340 0091 1101 5371 1, Privredna banka Zagreb d.d., Zagreb

The registered capital of the company corresponds to HRK 419,958,400 fully subscribed and paid in 4,199,584 ordinary shares at nominal price of HRK

100

President of the Management Board: Marinko Došen • Management Board members: Mladen Peroš, Višnja Bijelić, Ivan Čupić

President of the Supervisory Board: Sergey Dmitrievich Bodrunov

D E C I S I O N S

of the ordinary General Assembly of AD Plastik d.d. Solin

as of August 24, 2020

Ordinary General Assembly of AD Plastik d.d. was held on August 24, 2020 in the premises of the headquarters of AD Plastik d.d., Matoševa 8, Solin with the following agenda:

1. Annual Financial Statements of AD Plastik d.d. and Consolidated Annual Financial Statements of AD Plastik Group for 2019, Annual report on the status of AD Plastik Group for 2019, and Report by the Supervisory Board on the performed supervision over management of business of AD Plastik Group for 2019;
2. Decision on issue of approval to the Management Board for their work in 2019;
3. Decision on issue of approval for work to the Supervisory Board members in 2019;
4. Decision on appointment of an auditor for 2020 and defining remuneration for its work;
5. Decision on use of the profit realized in 2019;
6. Decision on the election of one member of the Supervisory Board

General Assembly of AD Plastik d.d., on which 2,648,901 votes were present, that is represented, comprising 63.07 percent of the total number of shares and the Company's share capital, has unanimously adopted the decisions from Ad 2 to Ad 5 of the agenda, while the decision Ad 6 - on the election of a Supervisory Board member - was adopted by a majority of 2,590,289 votes "for", ie a majority of 97.79% of the total votes cast, as follows:

Ad 2. Decision on issue of approval to the Management Board for their work in 2019: Approval to the Management Board for their work in 2019 has been issued.

Ad 3. Decision on issue of approval for work to the Supervisory Board members in 2019: Approval to the members of the Supervisory Board for their work in 2019 has been issued.

Ad 4. Decision on appointment of an auditor for 2020 and defining remuneration for its work:

1. The company KPMG Croatia, d.o.o., OIB: 20963249418, Zagreb, Ivana Lučića 2/a has

been appointed as the auditor for 2020 for AD Plastik, d.d. Solin.

1. Remuneration for the work of the auditor for 2020 shall be established by a special Contract between the Company and the auditor, in accordance with the valid Audit law (NN No. 127/17)

Ad 5. Decision on use of the profit realized in 2019:

1. Profit of AD Plastik d.d. (hereinafter: the Company) realized in 2019 after taxation amounts to HRK 90,145,751.
2. It is established that the Management Board of the Company in accordance with Article 220 of the Corporations Act and Article 19, paragraph 14 of the Accounting Act, and with the consent of the Supervisory Board of the Company, on July 2, 2020 made a decision to allocate a part of the realized profit from item I of this Decision in the amount of HRK 21,698,677.00 to other reserves from profit to cover the unwritten-off development costs stated in the Company's assets as of December 31, 2019.
3. The remaining profit of the Company for 2019 in the amount of HRK 68,447,074.00 shall be used as follows:
4. • for a dividend in the amount of HRK 16,522,104.00 kn, which has already been paid in the form of an advance dividend in accordance with the decision of the Management Board of the Company dated February 27, 2020
   • the rest in the amount of HRK 51,924,970.00 for retained earnings.

Ad. 6. Decision on the election of one member of the Supervisory Board:

Article 1

Mr. Ivica Tolić, OIB: 36637114938, law graduate, address: Split, Ruđera Boškovića 16

has been elected as the member of the Supervisory Board of AD PLASTIK d.d.

Article 2

The term of office of the elected member of the Supervisory Board starts as from August 24, 2020 and lasts for 4 (four) years.