Valamar Riviera d.d. with registered office in Poreč, 1 Stancija Kaligari, entered in the court register of the Commercial Court in Pazin under the following registration number (MBS) 040020883, personal identification number (OIB): 36201212847 (hereinafter: the Company or Valamar) hereby announces that on 26 July 2018 Valamar committed to buy the Petersbühel hotel 4* in Austria. The hotel is owned by Matthias Aichmann GmbH, with registered office at 6 Gamsleitenstraße, 5562 Obertauern, Austria. Valamar expects to complete the necessary steps to transfer 100% stake in this private sector company within the next two months. Valamar would also like to announce that it is in the process of registering Valamar A GmbH, a company seated in Vienna for the purpose of the business activities in Austria.

Full text of notice read in attached PDF.