Sale of shares Panvita d.d. and Panvita mesnine d.d.

1.Domestic and foreign legal and natural persons may participate in the sales process.

2. On the basis of this invitation to participate in sales process, the Sellers are not obliged to sign a share purchase agreement with the best or any of the bidders. Regardless to the foregoing, sellers may only accept an offer for a portion of the shares offered. The decision by the Sellers not to conclude a share purchase and sale agreement does not represent any basis for any contractual penalty or tort liability on the part of the Sellers. The sellers reserve the right at any time and without any clarification to change the procedure and / or conditions for the sale of shares in this ad.

3. Expressed interest in participating in the process must be submitted by email to: david.slivsek@kf-finance.si in nives.sedej@kf-finance.si or by letter or by courier to KF Finance d.o.o., Verovškova ulica 55a, 1000 Ljubljana, Slovenia.

4.A written interest for participating in the sales process must include:

• Subject of interest: the interested bidder should determine the shares of their interest and the number of shares, which is not higher than the number of shares listed in the table above, which are the subject of the sale;
• Identification of the interested bidder with key information (company / natural person, address, identification number, contact information - including e-mail to which he will receive all messages);
• Signature of the responsible person.

5. The deadline for submitting the expressed interest is 18.10.2019 by 16.00.

6. Interested bidders for which the sellers will decide that it is reasonable for them to continue the sale process, will be invited to the next stage of the sales process, where they will receive further instructions regarding the execution of the sale process.

7. On the basis of this invitation to participate in sales process, the Sellers are not obliged to sign a share purchase agreement with the best or any other bidder. This document or any part thereof can not be understood as the basis of any contract or investment decision in respect of any securities. Also, this document does not constitute a personal recommendation or investment advice under Article 8 »Financial Instruments Market Act (Ur.l. RS št. 67/07 with amendments and supplements) « as it does not take into account the investment objectives, the financial situation and the specific needs of the person, who in any way was acquainted with the work or the entire contents of this document.

8. All interested bidders may obtain additional pieces of information in relation to the sale by contacting Mr. David Slivšek, Manager in KF Finance d.o.o. at the telephone number 00 386 31 545 063 or email: david.slivsek@kf-finance.si or Mrs. Nives Sedej, Advisor in KF Finance d.o.o. at the telephone number 00 386 40 737 769 or email: nives.sedej@kf-finance.si.

9. The parties agree that this public invitation to participate in sales process shall be governed by laws of the Republic of Slovenia. Place of jurisdiction for all disputes arising from or in connection with this document shall be Ljubljana, Slovenia.