Date: 12th January 2017

It has been brought to our attention by the Pan-Slovenian Shareholders’ Association (VZMD), which is one of our most engaged and dedicated members, that the Republic of Slovenia intends to enact severe restrictions in the upcoming months through the amendments of the markets in Financial Instruments Act (ZTFI-G) that will seriously jeopardize the ability of the Pan-Slovenian Shareholders’ Association to further act as an advocate and custodian of legitimate interests of minority shareholders and individual investors. The service currently offered by VZMD is the only way for small shareholders not to see their small shareholdings wiped out by intermediaries’ fees in a few years’ time.