Pursuant to the Rules and Regulations of the Ljubljana Stock Exchange, d.d, and the relevant legislation, the company Poslovni sistem Mercator, d.d., hereby informs the shareholders and the public of the following:

Management Board Member of the company Poslovni sistem Mercator, d.d., Drago Kavšek resigned from this position today, December 21, 2016.

After many successful projects he will stay as a Management Board Member until December 31, 2016.

Starting with January 1, 2017, the Management Board of the company Poslovni sistem Mercator, d.d., will consist of: Toni Balažič, President of the Management Board, and Igor Mamuza, Member of the Management Board.

This announcement will be published on the company’s website at www.mercatorgroup.si as of December 22, 2016, and will remain posted for a period of at least five years.