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Appointment of a member of the Management Board of Privredna banka Zagreb d.d.

The Supervisory Board of Privredna banka Zagreb d.d. adopted at its meeting held on 9 June 2017 the decision to appoint Mr Alessio Cioni as member and deputy president of the Management Board of the Bank in place of Mr Gabriele Pace, whose term of office on the Management Board will end on 31 August 2017 so that he might take up a new position within the ISP Group. Mr Cioni is appointed for a term of office of three years subject to and effective from the date of obtaining prior approval of the Croatian National Bank for the performance of the function of a member of the management board of a credit institution. Mr Cioni's CV is available on the Bank's website.

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