Valamar Riviera d.d. with registered office in Poreč,1 Stancija Kaligari, personal identification number (OIB): 36201212847 (hereinafter: the Company) LEI: 529900DUWS1DGNEK4C68, Member State: Republic of Croatia, ISIN: HRRIVPRA000, Security: RIVP (RIVP-R-A), Listing: he Prime Market of Zagrebačka burza d.d., according to the Article 122 of the Zagreb Stock xchange Rules and Regulation (EU) No 596/2014 of the European Parliament and of the Council dated 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 003/6/EC of the European Parliament and of the Council and Commission Directives 003/124/EC, 2003/125/EC and 2004/72/EC and Commission implementing Regulation (EU) 016/523 dated 1O March 2016 on the implementation of the technical standards with regards o the format and template for the notification and public disclosure of managers' transactions n accordance with Regulation (EU) No 596/2014 of the European Parliament and of the ouncil, notifies that on 5 November 2019 has received the notification from the Deputy hairman of the Supervisory Board of the Company, Mr. Franz Lanschutzer from Vienna, almannsdorfer Strasse 16/1, Republic of Austria, on the release of 1,150,000 ordinary shares f the Company without nominal value (ticker: RIVP-R-A).

The shares were released on 4 November 2019.

Full text of notice read in attached PDF.