Pursuant to the provisions of the Rules of the Ljubljana Stock Exchange, d. d., Articles 124 and 130 of the Financial Instruments Market Act (ZTFI-1, Official Gazette of the Republic of Slovenia, No. 77/2018) and Articles 7 and 17 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation - MAR),

CINKARNA Celje d.d., Kidričeva ulica 26, 3000 Celje
Reg. ID No.: 5042801000,
Tax ID No.: SI 15280373,

hereby publishes the Business Report for the period of the first nine months of 2021.

In the first nine months of 2021, our sales realisation was 12% higher YoY. The increase in sales was influenced by favourable demand from all geographical segments, which is related to the general increase in consumer / purchasing optimism. Asian competition is present, but at significantly higher prices than in previous periods. Higher sales prices of Asian suppliers have created higher demand for the products of Western multinationals and local producers in a situation where supply is tightened. Net profit amounted to EUR 26.2 million and was 90% higher than in the comparable period of the previous year when it stood at EUR 13.8 million. The operating profit including write-downs or EBITDA reached EUR 42.6 million and amounts to 29% of the realised sales. Compared to the previous year, EBITDA is 68% higher.

The Supervisory Board considered the report at its regular session held on 25 November 2021.

The report is published and will be available for at least 5 years on the Company’s website www.cinkarna.si.