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SSH Concluded Agreement to Purchase Block of Shares issued by Terme Olimia d. d.

SSH announces that the Agreement for the purchase of 147,309 shares issued by Terme Olimia d.d. was concluded in the name of and on behalf of the Republic of Slovenia in July 2019. The Seller is Nova KBM d. d.

After the fulfilment of the Condition Precedent, the Republic of Slovenia shall acquire 20.8712 % shareholding in the above-mentioned company.

After the transfer of these shares, the Republic of Slovenia and its related companies (within the meaning of Takeover Act) shall exceed the takeover threshold in Terme Olimia d.d. As a result, after this event occurs, acting in the name of and on behalf of the Republic of Slovenia, SSH intends to publicly publish an offer for taking over the remaining shares in accordance with the Takeover Act.