Pursuant to the Rules and Regulations of the Ljubljana Stock Exchange, d.d, and the applicable legislation, the company Poslovni sistem Mercator d.d. hereby announces the following:

As Poslovni sistem Mercator d.d. (»Mercator«) has already informed the public, on 16 April 2021 Mercator Group and Fortenova grupa d.d. (»Fortenova«) signed the contract documentation for the refinancing of the Mercator Group's debt, according to which Fortenova has undertaken to provide a loan to Mercator in the amount of up to EUR 480 million. On 23 April 2021, all conditions precedent for the refinancing of the Mercator Group's debt with a loan from Fortenova were fulfilled, and Mercator utilised the loan in the amount of EUR 385 million (whereby up to EUR 480 million may be drawn under the loan) with which Mercator has refinanced its senior debt.

On 30 September 2021, Mercator utilised additional EUR 94.9 million of loan from Fortenova (a total of EUR 479.9 million is utilised on this day). This additional loan was used in full by Mercator to repay the Super Senior Facility to VTB Europe.

Mercator had obtained consent of the Supervisory Board in accordance with Articles 281.c and 281.č ZGD-1 for the signing of the contract documentation for the refinancing described in the first paragraph of this notice, which also includes the utilisation of an additional loan. This notice constitutes a public announcement of transactions with related parties in accordance with Article 281.d ZGD-1.

As of 1 October 2021, this announcement will also be published on the company's website at www.mercatorgroup.si where it shall remain for a period of at least 5 years.