Naftna Industrija Srbije : Notice of intent to pay dividend for 2020

In accordance with item 117 of the Rules of Procedure of the Central Securities Depository and Clearing House a.d. Belgrade, NIS j.s.c. Novi Sad publishes

NOTICE OF INTENT TO PAY A DIVIDEND THROUGH

CENTRAL SECURITIES DEPOSITORY AND CLEARING HOUSE

We notify shareholders that based on the decision of the Shareholders' Assembly NIS j.s.c. Novi Sad will pay out dividend for 2020 in the gross amount of RSD 6.14 per share.

Dividend day (Record date) i.e. the day on which the list of shareholders entitled to dividend for 2020 is determined is 19 June 2021.

The day of calculation for dividend payment will be 30 August 2021, and the dividend payment will be made on 31 August 2021 as follows:

1. to shareholder PJSC "Gazprom Neft" payment of the dividend will be made by direct payment from the account of NIS j.s.c. Novi Sad,
2. to shareholder Republic of Serbia payment of the dividend will be made by direct payment from the account of NIS j.s.c. Novi Sad in the Budget of Republic of Serbia,
3. to all other shareholders the dividend payment will be made through the Central Securities Depository and Clearing House.

We invite shareholders who do not have an active financial instruments account, i.e. whose financial instruments account has been closed in the period from the Dividend day (19 June 2021) to the day of announcement of this notice, to submit the instructions for receiving funds of the dividend until 27 August 2021. Instructions for receiving funds of the dividend should be submitted through a member of the Central Securities Depository to a corporate agent - OTP banka Srbija a.d. Novi Sad (Capital Markets Department) at: [e-mail]. For additional information regarding the submission of instructions for receiving funds within the specified deadline, shareholders can contact the corporate agent on the telephone numbers: [phone] and [phone] or at: [e-mail].

Director of

Corporate Affairs Department

NIS j.s.c. Novi Sad

Mirjana Stanojević