INVITATION TO THE ORDINARY SHAREHOLDERS’ MEETING OF “DDOR Novi Sad“ a.d.o. Novi Sad

Pursuant to Art. 335. of the Company Law (“Official Gazette RS” No. 36/11, 99/11, 83/2014 – other law, and 5/2015) and Decision of the Board of Directors of “DDOR Novi Sad“ a.d.o. Novi Sad, Ref. No. OD-16/31 of 24.03.2016, on 24.03.2016 all shareholders of “DDOR Novi Sad“ a.d.o. Novi Sad (Reg. No.: 08194815) are hereby submitted an

 I N V I T A T I O N

TO THE ORDINARY SHAREHOLDERS’ MEETING OF

“DDOR Novi Sad“ a.d.o. Novi Sad

 which shall be held on Wednesday, April 27, 2016, in Novi Sad, in the Head Office of “DDOR Novi Sad” a.d.o. Novi Sad, 8 Mihajla Pupina Boulevard, on the 1st floor, in Hall III, starting at 12:00 hours.

The session is proposed to have the following

AGENDA

1. Election of the Chairman of the Shareholders’ Meeting

2. Appointment of the Voting Committee

3. Review and adoption of the Minutes of the Extraordinary Shareholders’ Meeting of the Joint Stock Insurance Company “DDOR Novi Sad” Novi Sad, held on February 24, 2016

4. Presentation of the business results

5. Review and adoption of the Annual Report and Financial statements and Consolidated Annual Report and Financial statements of ”DDOR Novi Sad” a.d.o. Novi Sad for 2015

6. Review and adoption of the Report of the Board of Directors

7. Review and adoption of the Annual Report on Internal Audit for 2015

8. Adoption of the Decision on appointment of the auditor of operations of the Joint Stock Insurance Company “DDOR Novi Sad” Novi Sad for 2016

9. Miscellaneous

In line with Art. 25. and 26. of the Statute of the Joint Stock Insurance Company “DDOR Novi Sad” Novi Sad, passing of decisions for all items of the agenda of this session requires a simple majority of votes disposable to the present shareholders or their proxies, except when a Decision on allocation of gross profits, item 5.5, is to be passed, when the Meeting shall pass a decision by 2/3 of the total votes of shareholders (qualified majority).

SHAREHOLDERS’ DAY

In line with Art. 331. of the Company Law, the Shareholders’ day shall be on April 17, 2016. Only the shareholders that are the shareholders of the Company on that day shall be entitled to participate in the Shareholders’ Meeting.

INSTRUCTION ON THE SHAREHOLDERS’ RIGHTS REGARDING PARTICIPATING IN THE SHAREHOLDERS’ MEETING

The Shareholders’ Meeting may decide and discuss only about the items of the agenda.

The list of shareholders of “DDOR Novi Sad” a.d.o. Novi Sad shall be determined based on the abstract from the unique records of shareholders from the Central registry.

A shareholder from the list of the shareholders from the central registry, who transfers his stake to a third party after the shareholders’ day, shall retain the right to participate in the Shareholders’ Meeting based on the stake he owned on the shareholders’ day.

In line with Art. 21. of the Statute of the Joint Stock Insurance Company “DDOR Novi Sad”, the shareholders (or their proxies) who dispose of at least 100 votes (either personally or based on proxy) shall be entitled to participate in the Shareholders’ Meeting.

NOTE: Shareholders may download the Information on the Shareholder’s day, explanation that only the shareholders that are the shareholders of the Company on that day shall be entitled to participate in the Shareholders’ Meeting, Information about how to take over the material for the session, a proxy form, as well as a ballot for voting in absentia from www.ddor.co.rs (section: Business news)

1. Information
2. Proxy form
3. Ballot for voting