Ownership Structure

Ten major shareholders at 30 September 2017

Shareholder

No. of Shares

%
KAPITALSKA DRUŽBA, D.D. 3,998,653 16.37%
INTERNATIONAL FINANCE CORPORATION 2,881,896 11.80%
PANASONIC CORPORATION 2,623,664 10.74%
KDPW - FIDUCIARY ACCOUNT 1,888,632 7.73%
HOME PRODUCTS EUROPE B.V. 1,221,231 5.00%
RAIFFEISEN BANK AUSTRIA D.D. - FIDUCIARY ACCOUNT 1,134,073 4.64%
ZAGREBAČKA BANKA D.D. - FIDUCIARY ACCOUNT 904,934 3.71%
BNP PARIBAS SECURITIES SERVICES S.C.A. 900,000 3.68%
UNICREDIT BANK AUSTRIA AG - FIDUCIARY ACCOUNT 849,426 3.48%
ADDIKO BANK D.D. - FIDUCIARY ACCOUNT 640,691 2.62%
Major Shareholders 17,043,200 69.78%
Own Shares 121,311 0.50%
Other Shareholders 7,260,102 29.72%
TOTAL: 24,424,613 100%
Ten major shareholders at 31 December 2016

Shareholder

No. of Shares

%
KAPITALSKA DRUŽBA, D.D. 3,998,653 16.37%
INTERNATIONAL FINANCE CORPORATION 2,881,896 11.80%
PANASONIC CORPORATION 2,623,664 10.74%
KDPW - FIDUCIARY ACCOUNT 1,892,218 7.75%
HOME PRODUCTS EUROPE B.V. 1,221,231 5.00%
RAIFFEISEN BANK AUSTRIA D.D. - FIDUCIARY ACCOUNT 1,125,573 4.61%
Alpen.SI, mixed flexible subfund 793,208 3.25%
ZAGREBAČKA BANKA D.D. - FIDUCIARY ACCOUNT 786,063 3.22%
BNP PARIBAS SECURITIES SERVICES S.C.A. 690,000 2.83%
AUERBACH GRAYSON & COMPANY LLC 647,165 2.65%
Major Shareholders 16,659,671 68.21%
Other Shareholders 7,764,942 31.79%
TOTAL: 24,424,613 100%

Mr. Kristijan Floričić, informed us on 12 October 2016, that as on 11 October 2016 he acquired 84,000 GRVG shares issued by the company Gorenje, d.d., and the stake of the voting rights increased from 4.906% (1,198,314) to 5.25% (1,282,314) of all voting rights in the company Gorenje, d.d.

Changes in the ownership structure by the group of shareholders as at 31st December
Share in % 2009 2010 2011 2012 2013 2014 2015
Pension fund 25.98 22.91 22.91 22.91 18.59 16.37
Financial investors 46.34 53.64 53.93 53.88 65.07 67.50
Employees and former employees 6.01 5.21 5.18 5.20 3.77 3.25
Individuals 20.82 17.48 17.22 17.25 12.02 12.50
Own shares 0.86 0.76 0.76 0.76 0.55 0.50
Total 100 100 100 100 100 100