Podravka Management Board reached a resolution on
establishing a new organizational unit – Research and Development, as part of
the strategic business area Food and Beverages. Research and
Development department will include the following units: Product
Development, Technology development and investment projects, Ecology
development, Agriculture development, Quality Control and Business Quality. Within the next
10 days there will be a competition announced for a director of this
department.

Apart from this resolution on establishing a new
organizational unit, Podravka Management Board also reached a resolution on
appointing new Podravka Group general secretary, and a Human Resources
director.

Branka Perković was appointed new Podravka Group
general secretary, and she is transferring to this position from the position
of Belupo Management Board Member. As Podravka
Group general secretary she will be in charge of the following organizational
units within Podravka Group: Management Board Office, Office of Management Board
president and members, Legal affairs and Human resources management.

Apart from appointing Podravka Group general
secretary, Jasenka Maltarić Dujnić was appointed new director of Human
Resources department, and she is coming to this position from the position of
Human Resources director at Belupo.

New appointments come into force as of 1 April 2012.