Koncar Elektroindustrija : 26.07.2016. ALLIANZ SE NOTIFICATION ON ACQUISITION OF VOTING RIGHTS

1.Identity of the Issuer or the underlylng issuer of existing shares to which voting rights are at­

tachedH:

KONR - Elektroindustrlja d.d.,Fallerovo etall!te 22, OOOOZagreb,Ticker: KOEI-R-A, ISIN: HRKOEIRA0009,MBS: 080040936,018:45050126417.

2.Reason for the notification (please tick the appropriate box or boxes):

[x] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights [ ] Other (please specify)11

:

3. Detalls of person subject to the notificationobligationh, :

Name: City and country of registered office (if applicable):

ALLIANZ SE Munich, Germany.

4.Full name of shareholder(s) (if different from 3.t

Allianz ZB d.o.o. dru tvo za upravljanje obveznim mirovinskim fondom

5.Date on which the threshold was crossed or reached-i:

03.06.2016

6. Totalpositions of person(s) subject to the notification obligation:

Resulting situation

% of voting rights attached to shares (total of 7.A)

% of voting rights through financial in- struments

otal of7.B.1+ 7.B.

Total of both in %

fl.A + 7.B)

Total number of voting rights of issuer'

2.572.1 19

on the date on which threshold was

16,18 %

0,00%

16,18 %

crossed or reached

Position of previous notification (If appli- cable

5,55 %

n/a

n/a

7.Notified details of the resulting situation on the date on which the threshold was crossed or reached•11

:

A: Voting rights attached to shares

Class/type of

shares

ISIN code (if possi-

ble)

Number of voting rights111

% of voting rights

Direct

(Art 9of Directive

2004/109/EC)

Indirect

(Art 10of Direclil/8

2004/109/EC

Direct

(Art 9of Directive

2004/109/EC

Indirect

(Art 1O of Directive

2004/109/EC)

HRKOEIRA0009

416.228

16,18 %

SUBTOTAL A

416.228

16,18 %

B 1:Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC

Type of financial

Expiration

Exercise/

Number of voting rights

% of voting rights

that may be acquired if

instrument

date"

Conversion Period11

the Instrument is axer-

cised/ converted.

SUBTOTAL B.1

B 2: Financial lnstrunents with similar economic affect according to Art. 13(1)(b) of Directive 20CMl109/EC

Type of financial instrument

Expiration date"

Exercise/ Conversion Period "i

Physical or cash settlement"'

Number of

voting rights

% of voting rights

SUBTOTAL B.2

8. Information in relation to the person subject to the notification obligation (please tick the applica- ble box):

[] Person subject to the notification obligation is not controlled by any natural parson or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) lssuer.-11

[x] Full chainof controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entity-":

Namr

% of voting rights if

it equals or is higher than the notlflable threshold

% of voting rights

through financialin- struments if it equals or is higher than the notifiable threshold

Totalof bothif it equals or Is higher than the notifiable threshold

Alllanz SE

16,18 %

Allianz Holding elns GmbH

16,18 %

Allianz New Europe Holding GmbH

16,18 o/o

Allianz ZB d.o.o. dru tvo za upravljanje obveznim mlro- vinsklmfondom

14,56%

Allianz SE

16,18 %

Allianz Holding eins GmbH

16,18 %

Allianz New Europe Holding GmbH

16,18 o/o

Allianz Zagreb d.d.

Allianz SE

16,18 %

Allianz Holding elns GmbH

16,18 %

Allianz New Europe Holding GmbH

16,18 o/o

Allianz Zagreb d.d.

Allianz Invest d.o.o. za uprav- ljanje lnvesticijskimfondo- vima

Allianz SE

16,18 %

Alllanz Holding eins GmbH

16,18 %

Allianz New Europe Holding GmbH

16,18 o/o

Allianz ZB d.o.o. za uprav- IJanje dobrovoljnim mlrovln- skim fondovima