Pursuant to Article 459 of the Capital Market Act and Article 2 of the Ordinance on disclosure of privileged information that is directly related to the issuer and determine the issuer’s justified interests in terms of non- disclosure, Valamar Riviera d.d with registered office in Poreč, 1 Stancija Kaligari, personal identification number (OIB) 36201212847 (hereinafter: Company or Transferee) hereby announces that on its meeting held today the Supervisory Board approved the draft of the Joint merger plan establishing the planned merger of EPIC Hospitality Holding GmbH with registered office in Vienna, 8 Plößlgasse, 1040 Vienna, Republic of Austria, entered into the Commercial register of the competent court of the Republic of Austria with the number 482446 f, personal identification number (OIB): 08264868830 (hereinafter: EPIC or Transferor) into Valamar Riviera d.d. as Transferee. The merger is planned to be performed pursuant to regulations. During the said meeting, the Supervisory Board and EPIC made a joint proposal for the appointment of a merger auditor that will be submitted to the competent commercial court. The draft of the Joint merger plan will be submitted to the court register within the prescribed time period.

Full text of Notice read in attached PDF.