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NOTIFICATION OF AN AMENDMENT TO THE TAKE-OVER BID – LOWERING OF THE SUCCESS THRESHOLD

ILIRIKA borzno posredniška hiša d.d., Ljubljana (hereinafter: "ILIRIKA"), on behalf of and for the account of the acquirer KOMUNALA SEŽANA d.d., Partizanska cesta 2, 6210 Sežana (hereinafter: "acquirer"), hereby announces an amendment to the takeover bid submitted on the basis of decision of the SMA No. 40201-1/2026-5 dated 06.05.2026, for the target company MARMOR, Podjetje za pridobivanje in obdelavo naravnega kamna Sežana, d.d., Partizanska cesta 73A, 6210 Sežana (hereinafter: "target company"). 

On 08.05.2026, on the basis of the SMA authorisation No. 40201-1/2026-5 dated 06.05.2026, the acquirer published a takeover bid for the purchase of 70,375 ordinary, freely transferable, registered, no-par value shares of the target company with the ticker MSEG (ISIN: SI0031101288) at a price of EUR 29.00 per share. The deadline for accepting the takeover bid is from 08.05.2026 to 08.06.2026 inclusive. In the takeover bid, the acquirer set a success threshold of 88.00% of all issued shares with the ticker MSEG, which represents 130,330 MSEG shares.

Pursuant to item 2 of paragraph 1 of Article 30 of the ZPre-1, which permits the amendment of a takeover bid by setting a lower success threshold, the acquirer hereby announces the amendment of the takeover bid as follows:

The success threshold is reduced from 88.00% to 52.50% of all issued shares with the ticker MSEG.

The new success threshold of 52.50% of all issued shares with the ticker MSEG represents 77,754 MSEG shares (148,102 × 0.525 = 77,753.55, rounded up: 77,754 MSEG shares). Since the acquirer already holds 77,727 MSEG shares (52.48% of all issued shares), at least 27 additional MSEG shares must be acquired in order to reach the new success threshold.

The acquirer decided to lower the success threshold in order to increase the likelihood of the success of the takeover bid and to consolidate the ownership of the target company. Given the dispersion of the remaining 70,375 shares among minority shareholders and the limited trading of these shares, the acquirer considers the lowering of the success threshold to be appropriate and justified. The aim of the takeover bid, which is to acquire as large a share of the target company's shares as possible, remains unchanged.

An amendment under Article 30 of ZPre-1 extends the deadline for acceptance of a takeover bid by seven (7) days under point 2 of paragraph 3 of Article 31 of ZPre-1. The new deadline for acceptance of the takeover bid will therefore be 15.06.2026, which does not exceed the final deadline referred to in paragraph 1 of Article 31 of ZPre-1 (60 days from the publication of the takeover bid).

In addition to this website, the amendment to the takeover bid is also published in DELO on 22.05.2026.

Amendment to the takeover bid

ILIRIKA

ILIRIKA borzno posredniška hiša d. d., Ljubljana
Slovenska cesta 54a, 1000 Ljubljana
VAT ID SI95168222
Registration number 5831652

© 2026 ILIRIKA d.d. Investments in financial instruments are associated with risks.

ILIRIKA

ILIRIKA borzno posredniška hiša d. d., Ljubljana
Slovenska cesta 54a, 1000 Ljubljana
VAT ID SI95168222
Registration number 5831652

© 2026 ILIRIKA d.d. Investments in financial instruments are associated with risks.

ILIRIKA

ILIRIKA borzno posredniška hiša d. d., Ljubljana
Slovenska cesta 54a, 1000 Ljubljana
VAT ID SI95168222
Registration number 5831652

© 2026 ILIRIKA d.d. Investments in financial instruments are associated with risks.