The Management Board of Petrol d.d., Ljubljana announces that it has received two shareholder counterproposals in connection with the General Meeting convened for 21 April 2016, both to resolution proposal 2.1 regarding the use of profit for appropriation:

In the notice of the General Meeting, the Management Board and the Supervisory Board propose that the profit for appropriation of € 25,976,135.00 as at 31 December 2015 be distributed as dividend payments amounting to € 11.10 per share (gross) and payable on 12 August 2016.

In a counterproposal, the shareholders Slovenski državni holding d.d. and Kapitalska družba pokojninskega in invalidskega zavarovanja d.d. (representing 28.02% of share capital) propose that the profit for appropriation of € 25,976,135.00 as at 31 December 2015 be distributed as dividend payments amounting to € 12.60 per share (gross) and payable on the date proposed by the Management Board and the Supervisory Board, i.e. 12 August 2016.

In a separate counterproposal, the shareholder Československa obchodni banka, a.s. (representing 12.78% of share capital) proposes that the profit for appropriation of € 25,976,135.00 as at 31 December 2015 be distributed as dividend payments amounting to € 12.60 per share (gross) but payable within 90 days of the resolution being adopted by the General Meeting.

Both counterproposals will be presented in more detail at the General Meeting.

Management Board of Petrol d.d., Ljubljana

PETROL dd issued this content on 15 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 April 2016 12:49:25 UTC

Original Document: http://www.petrol.eu/investors/public-announcements/26th-general-meeting-petrol-dd-ljubljana-shareholder-counterproposals