Pursuant to Articles 517, 531 and 549, paragraph 2, of the Companies Act, Croatian Telecom Inc. (Reuters: HT.ZA; Bloomberg: HT CZ), Croatia’s leading telecommunications provider, within the merger procedure of the company PRO-PING Ltd. (hereinafter: “PRO-PING” or “the merged company”), to the company Croatian Telecom Inc. (hereinafter: “HT” or “the acquiring company”), announces as follows:

HT is the sole shareholder of PRO-PING and in this merger procedure provisions of Article 531 of the Companies Act are being applied, regulating merger in special cases (“simple” merger).

HT and PRO-PING concluded the Merger Agreement on 6 November 2026. By the said Agreement, PRO-PING as the merged company shall be merged into HT which is the acquiring company, by transfer of all its assets and obligations to the acquiring company, without conducting the liquidation procedure of the merged company, with the day the merger is entered into the Court Register of the acquiring company. With the said day, the merged company shall seize to exist, and the acquiring company shall become the universal legal successor of the merged company, thus entering into all legal relationships of the merged company.

The Merger Agreement referred to under previous paragraph hereof was submitted to the Court Register of the Commercial Court in Zagreb on 9 November 2026.

The Merger Agreement shall enter into force when approved by the Assembly of the merged company and given that this procedure constitutes the afore stated “simple” merger, the approval of the General Assembly of the acquiring company (HT) is not required for the Merger Agreement to become valid, unless shareholders of the said company holding together at least 1/20 of the share capital request that the General Assembly of HT is convened to decide on granting approval for the merger. Such request can be submitted to HT within the deadline of one month as of the day the Merger Agreement has been submitted to the Court Register of the Commercial Court in Zagreb.

Shareholders of HT are hereby notified that all documents listed in Article 517, Paragraph 2, of the Companies Act are available for insight in the company headquarters at the address Radnička cesta 21, Zagreb, during working hours in the time from 10am to 2pm.