Regulation on the Structure and Content of Financial Reports and Other Reports of UCITS Fund Management Companies

OBLIGOR FOR PREPARATION AND SUBMISSION
Article 2. (NN 66/26)
The obligor for the preparation and submission of reports from Article 1 of this Regulation is the fund management company to which the Agency has issued a license for operation pursuant to Article 23 of the Open-Ended Investment Funds with Public Offering Act ("Narodne novine", No. 44/16, 126/19, 110/21, 76/22, 152/24 and 13/26, hereinafter in the text: the Act).

KEEPING OF ACCOUNTING BOOKS AND PREPARATION OF FINANCIAL REPORTS
Article 3.
(1) The fund management company is obliged to keep accounting books and prepare annual financial reports and financial reports for the first half of the business year (hereinafter: financial reports) in accordance with the Act and regulations governing the accounting of entrepreneurs and International Financial Reporting Standards. (2) The fund management company is obliged to record business events in its accounting books using accounts at least to the extent prescribed by the chart of accounts in Annex 1, which is an integral part of this Regulation.

CONTENT AND FORM OF FINANCIAL REPORTS
Article 4.
(1) The financial reports of the fund management company consist of reports from Article 67, paragraph 2 of the Act. (2) The content and form of the financial reports of the fund management company are prescribed by the forms in Annex 2, which are an integral part of this Regulation.

ADDITIONAL REPORT
Article 5.
(1) In addition to the financial reports from Article 4 of this Regulation, the fund management company is obliged to prepare a report on the structure of financial assets and liabilities of the fund management company. (2) The content and form of the report on the structure of financial assets and liabilities of the fund management company are prescribed by the forms in Annex 3, which are an integral part of this Regulation.

REPORTING PERIODS
Article 6.
(1) The fund management company is obliged to prepare:
– financial reports from Article 4, paragraph 1 of this Regulation for the period of the business year and the first six months of the business year, and – reports on the structure of financial assets and liabilities from Article 5 of this Regulation as of the last day of the business year and as of the last day of the semi-annual reporting period of the first six months of the business year. (2) Annual financial reports from Article 4, paragraph 1 of this Regulation must be audited by an external independent authorized auditor, and prepared in accordance with the structure and content defined by the forms Financial Reports of the Fund Management Company in Annex 2 of this Regulation. (3) Notes to the financial reports for the first half of the business year should cover only significant business events and changes in accounting policies compared to the last published annual financial reports. (4) When preparing the cash flow statement, the fund management company may use either the direct or indirect method. (5) In addition to the data from the financial reports from Article 4, paragraph 1 and the reports from Article 5 of this Regulation, the Agency may request additional data, information and explanations of certain items in the reports from the fund management company.

DEADLINES AND METHOD OF SUBMISSION
Article 7.
The fund management company is obliged to submit the reports from Article 6, paragraphs 1 and 2 of this Regulation:
– which it prepares for the first six months of the business year as of the last day of the semi-annual reporting period, within two months from the end of the reporting period, – which it prepares for the business year as of the last day of the reporting period, within four months from the end of the reporting period.

Article 8.
(1) The fund management company submits to the Agency the reports from Article 6, paragraph 1 of this Regulation in electronic form signed in accordance with the Agency's technical instruction. (2) The fund management company is obliged to submit the annual financial reports from Article 6, paragraph 2 of this Regulation, together with the auditor's report on the performed audit of the annual financial reports and the annual report, in the manner and in accordance with the HANFA Technical Instruction. (3) In addition to the reports from Article 6 of this Regulation, the fund management company is obliged to submit, upon request of the Agency, other documentation or data for the purposes of supervision or for the performance of other tasks within the competence and scope of the Agency regarding the operations of the fund management company, in the manner prescribed by the provisions of this Article and within the deadline specified in the request. (4) The Agency may, if necessary, request the fund management company to submit certain documentation prescribed by this Regulation in the original or certified copy, regardless of the electronic submission already performed.

PUBLICATION OF FINANCIAL REPORTS
Article 9.
(1) The fund management company is obliged to publish audited annual financial reports (together with the auditor's report on the performed audit of the annual financial reports and the annual report) and financial reports for the first half of the business year on its website, within deadlines identical to those in Article 7 of this Regulation. (2) The fund management company is obliged to have published on its website audited annual financial reports from Article 6, paragraph 2 of this Regulation for at least the last 5 business years, or shorter if the fund management company has been operating for less than 5 years.

Article 10.
This Regulation enters into force on the eighth day from the date of publication in "Narodne novine", and is applied for the first time to semi-annual financial and additional reports as of June 30, 2018.

Article 11.
With the start of application of this Regulation, the Regulation on the Structure and Content of Financial Reports and Other Reports of UCITS Fund Management Companies ("Narodne novine", No. 41/17) ceases to be valid.

FINAL PROVISION
Regulation on Amendments to the Regulation on the Structure and Content of Financial Reports and Other Reports of UCITS Fund Management Companies (NN 155/22), entered into force on January 1, 2023.

Article 5.
(1) This regulation will be published in "Narodne novine" and enters into force on January 1, 2023. (2) The provisions of Articles 2 and 3 of this Regulation are applied for the first time to reporting periods starting from January 1, 2023.

TRANSITIONAL AND FINAL PROVISION
Regulation on Amendments to the Regulation on the Structure and Content of Financial Reports and Other Reports of UCITS Fund Management Companies (NN 66/26), entered into force on July 2, 2026, with exceptions

Article 3.
The provision of Article 2 of this Regulation is applied for the first time to reporting periods starting from January 1, 2027.

Entry into Force
Article 4.
This Regulation enters into force on the eighth day from the date of publication in "Narodne novine", except for Article 2 which enters into force on January 1, 2027.

ANNEX 1
CHART OF ACCOUNTS FOR FUND MANAGEMENT COMPANIES 0 INTANGIBLE, TANGIBLE ASSETS AND LONG-TERM INVESTMENTS 1 CASH AND RECEIVABLES 2 LIABILITIES 3 SECURITIES AND OTHER FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS 4 OTHER FINANCIAL ASSETS 5 SMALL INVENTORY 6 EXPENSES 7 REVENUE 8 OPERATING RESULT 9 CAPITAL, RESERVES AND OFF-BALANCE SHEET RECORDS

0
INTANGIBLE, TANGIBLE ASSETS AND LONG-TERM INVESTMENTS 00 Long-term intangible assets 01 Long-term tangible assets 02 Advances for long-term intangible and tangible assets and long-term intangible and tangible assets in preparation 03 Other assets

1 CASH AND RECEIVABLES
10 Cash
11 Receivables from fund and portfolio management 12 Receivables for other fees and commissions 13 Receivables from accrued interest, dividends, profit shares and other investments 14 Receivables from investments in financial instruments 15 Receivables from state units and other institutions 16 Receivables from employees 17 Other assets 19 Prepaid expenses of future periods and accrued income 19x Deferred tax assets

2 LIABILITIES
20 Liabilities from fund and portfolio management 21 Financial liabilities 23 Interest liabilities 24 Payables to suppliers 25 Payables to employees 26 Liabilities for taxes, contributions and other fees 27 Liabilities for dividend payments or profit shares 28 Provisions for liabilities 29 Deferred payment of expenses and revenues of future periods 29x Deferred tax liabilities

3 FINANCIAL ASSETS
30 Financial assets at fair value through profit or loss 31 Financial assets at fair value through other comprehensive income 32 Financial assets at amortized cost

5 SMALL INVENTORY

6 EXPENSES
60 Material costs
61 Service costs
62 Salaries, honoraria and similar payments costs 63 Other administrative costs 64 Fund and portfolio management costs 640 Fund costs borne by the fund management company 641 Costs for delegated management activities 642 Agent costs 643 Other fund costs 644 Portfolio management costs 65 Depreciation and value adjustments (except financial assets) 66 Losses from investments in financial instruments 660 Unrealized losses from financial assets 661 Impairment for expected credit losses 669 Other losses from investments in financial instruments 67 Loss from sale of financial instruments and other assets 670 Loss from sale of financial instruments 671 Loss from sale of other assets 68 Interest expenses and negative exchange differences 680 Interest expenses 681 Negative exchange differences 69 Costs of provisions for unforeseen liabilities

7 REVENUE
70 Revenue from fund management fees
700 700x
700y
Management fee
Management fee for UCITS fund
Management fee for alternative investment fund 701 Performance fee 702 702x 702y Entry fee Entry fee for UCITS fund Entry fee for alternative investment fund 703 Exit fee 703x 703y Exit fee for UCITS fund Exit fee for alternative investment fund 709 Other 71 Revenue from fees and commissions from portfolio management 72 Revenue from investment advisory fees and commissions 73 Interest income 74 Positive exchange differences 75 Revenue from investments in financial instruments 750 Realized gains from sale of financial instruments 751 Unrealized gains from investments in financial instruments 752 Gains from impairment reversal for expected credit losses 759 Other revenue from investments in financial instruments 76 Revenue from sale of other assets 77 Revenue from reversal of provisions 78 Other revenue 79 Difference between revenue and expenses

8 OPERATING RESULT
80 Profit or loss before taxation
81 Income tax
82 Profit or loss after taxation

9 CAPITAL, RESERVES AND OFF-BALANCE SHEET RECORDS 90 Paid-up and subscribed share capital 91 Reserves formed from profit after taxation 92 Capital reserves 93 Revaluation reserves 93x Revaluation reserves for financial assets and liabilities at fair value through other comprehensive income 93y Revaluation reserves of other assets 94 Other reserves 95 Retained earnings, carried forward loss, profit or loss of the current year 950 Retained earnings from previous periods 951 Carried forward loss from previous periods 952 Profit of the current year 953 Loss of the current year 98 Active off-balance sheet records 980 Client cash – portfolio management 981 Client receivables 982 Financial instruments related to client portfolio management agreement 983 Guarantees 984 Contractual value of derivatives (active account) 985 Repo agreements (collateral) 989 Other active off-balance sheet records 99 Passive off-balance sheet records 990 Liability to client for received cash 991 Other liabilities to client 992 Liability for guarantees 993 Contractual value of derivatives (passive account) 994 Liabilities related to repo agreements 999 Other passive off-balance sheet records

ANNEX 2 (NN 66/26)
FINANCIAL REPORTS OF THE FUND MANAGEMENT COMPANY

Form IFP
STATEMENT OF FINANCIAL POSITION
Name of fund management company: _____________________________________________ OIB: ________________________________________________________________ As at: ____________________________________________________________ (in euros)

Position AOP
Last date of previous reporting period As at current period end

ASSETS 1
10+13* Cash 2
30+31+13* Financial assets at fair value 3 32+13* Financial assets at amortized cost 4 11 Receivables from fund and portfolio management 5 12+13+14+15+16+17 Other receivables 6 01 Property, plant and equipment 7 00 Intangible assets 8 19x Deferred tax assets 9 02+03+19 (except 19x) Other assets 10 Total assets (∑ from AOP2 to AOP10) 11 98 Off-balance sheet records 12

CAPITAL AND LIABILITIES 13
Capital and reserves
(∑ from AOP15 to AOP20) 14
90 Share capital 15
91+92+94 Capital reserves 16
93x Fair value reserves 17
93y Other revaluation reserves 18
950+951 V. Retained earnings or carried forward loss 19 952+953 VI. Profit or loss of the current year 20 Liabilities (∑ from AOP22 to AOP25) 21 20 Liabilities from fund and portfolio management 22 21+23* Financial liabilities 23 24+25+26+27+28+29 (except 29x) Other liabilities 24 29x Deferred tax liabilities 25 Total capital and liabilities (AOP14+AOP21) 26 99 Off-balance sheet records 27

*accrued interest on financial instruments

Form ISD
STATEMENT OF COMPREHENSIVE INCOME
Name of fund management company: _____________________________________________ OIB: ________________________________________________________________ For the period: _________________________________________________________ (in euros)

Account Position AOP
Same period of previous year
Current period

Revenue from fund management
(AOP29+AOP32+AOP35+AOP38) 28
700 Management fee 29
700x UCITS fund 30
700y alternative investment fund 31
702 Revenue from entry fees 32
702x UCITS fund 33
702y alternative investment fund 34
703 Revenue from exit fees 35
703x UCITS fund 36
703y alternative investment fund 37
701+709 Other revenue 38

Expenses from fund management
(AOP40+AOP41) 39
-642 Costs for intermediation in share sales 40 -640-641-643 Other expenses 41

Net result from fund management
(AOP28+AOP39) 42
71-644 Net revenue from portfolio management 43 72 Revenue from investment advisory 44 -60-61-62-63- 65 General and administrative operating costs 45 76+77+78- 671-69 Other operating revenue and expenses 46

Operating profit (net result from registered activities) (AOP42+AOP43+AOP44-AOP45+AOP46) 47 Net result from investments (AOP49+AOP50+AOP51) 48 73-680 Net interest income 49 74-681 Net exchange differences 50 73+75+76-66- 670 Other revenue and expenses from investments 51

Net result from financing (AOP53+AOP54) 52 -680 Interest expense 53 74+75-67 Other revenue and expenses from financing 54 Total revenue 55 Total expenses 56 Profit or loss before taxation (AOP47+AOP48+AOP52) 57 Income tax 58 Profit or loss (AOP54+AOP55) 59

Other comprehensive income
(AOP61+AOP66)
60
Items that will not be reclassified to profit or loss (Σ from AOP62 to AOP65) 61 Change in revaluation reserves: property, plant, equipment and intangible assets 62 Change in fair value of equity instruments 63 Changes on other items that will not be reclassified to profit or loss 64 Income tax relating to items that will not be reclassified 65

Items that may be reclassified to profit or loss (AOP67+AOP70+AOP73) 66 Change in revaluation reserves:
debt securities
(AOP68+AOP69
67
– unrealized gains/losses 68
– transferred to profit or loss
(reclassification adjustments) 69
Changes on other items that may be reclassified to profit or loss (AOP71+AOP72) 70 – gains/losses 71 – transferred to profit or loss (reclassification adjustments) 72 Income tax relating to items that may be reclassified to profit or loss 73 Total comprehensive income (AOP59+AOP60) 74

Form INTd
STATEMENT OF CASH FLOWS (direct method) Name of fund management company: _____________________________________________ OIB: ________________________________________________________________ For the period: _________________________________________________________ (in euros)

Position AOP
Same period of previous year
Current period

Net cash flows from operating activities (∑AOP76 to AOP85) 75 Receipts from fund management fees 76 Receipts from other fees and commissions 77 Other receipts from funds 78 Payments for fund and portfolio management 79 Cash paid to suppliers 80 Cash paid to employees 81 Interest paid 82 Taxes paid 83 Other receipts from operating activities 84 Other payments from operating activities 85

Net cash flows from investing activities (∑AOP87 to AOP96) 86 Receipts from sale of financial instruments 87 Payments for purchase of financial instruments 88 Receipts from interest 89 Receipts from dividends 90 Payments for placements in granted loans and other financial instruments 91 Receipts from collection of granted loans and other financial instruments 92 Payments for purchase of property, plant, equipment and intangible assets 93 Receipts from sale of property, plant, equipment and intangible assets 94 Other receipts from investing activities 95 Other payments from investing activities 96

Net cash flows from financing activities (Σ AOP98 to AOP106) 97 Payments by owners of the fund management company 98 Payments for purchase of own shares/share buyback 99 Dividend or profit share payment 100 Receipts from loans 101 Payments for repayment of received loans 102 Receipts from issued financial instruments 103 Payments for issued financial instruments 104 Other receipts from financing activities 105 Other payments from financing activities 106 Effects of exchange rate changes on foreign currencies 107 Net increase/decrease in cash (AOP75+AOP86+AOP97+AOP107) 108 Cash at beginning of period 109 Cash at end of period (AOP108+AOP109) 110

Form INTi
STATEMENT OF CASH FLOWS (indirect method) Name of fund management company: _____________________________________________ OIB: ________________________________________________________________ For the period: _________________________________________________________ (in euros)

Position AOP
Same period of previous year
Current period

Net cash flows from operating activities (∑AOP112 to AOP126) 111 Profit/loss before taxation of current year or current period 112 Depreciation of property, plant, equipment and intangible assets 113 Adjustment of value of receivables and write-offs 114 Provisions 115 Interest income 116 Interest expenses 117 Gains/losses from investments in financial instruments 118

Net result from impairment for expected credit losses 119 Increase/decrease in receivables from fund and portfolio management and portfolios 120 Increase/decrease in other receivables 121 Interest expenses 122 Increase/decrease in other asset items 123 Increase/decrease in liabilities from fund and portfolio management 124 Increase/decrease in other liabilities 125 Income tax paid 126

Net cash flows from investing activities (∑AOP128 to AOP137) 127 Receipts from sale of financial instruments 128 Payments for purchase of financial instruments 129 Receipts from interest 130 Receipts from dividends 131 Payments for placements in granted loans and other financial instruments 132 Receipts from collection of granted loans and other financial instruments 133 Payments for purchase of property, plant, equipment and intangible assets 134 Receipts from sale of property, plant, equipment and intangible assets 135 Other receipts from investing activities 136 Other payments from investing activities 137

Net cash flows from financing activities (∑ AOP139 to AOP147) 138 Payments by owners of the fund management company 139 Payments for purchase of own shares/share buyback 140 Dividend or profit share payment 141 Receipts from loans 142 Payments for repayment of received loans 143 Receipts from issued financial instruments 144 Payments for issued financial instruments 145 Other receipts from financing activities 146 Other payments from financing activities 147

Net increase/decrease in cash
(AOP111+AOP127+AOP138)
148
Cash at beginning of period 149
Cash at end of period
(AOP148+AOP149)
150

Form IPK
STATEMENT OF CHANGES IN EQUITY
Name of fund management company: _____________________________________________ OIB: ________________________________________________________________ For the period: _________________________________________________________ (in euros)

Capital and reserves
Position
Attributable to owners of the parent
Attributable to non-controlling interests Total capital and reserves Share capital Capital reserves Fair value reserves Other revaluation reserves Retained earnings or carried forward loss Profit or loss of current year (period)

Balance as at beginning of previous business year Changes in accounting policies Correction of errors of previous periods Balance as at beginning of previous business year (corrected) Profit or loss for the period

Changes in fair value of financial instruments Other gains and losses from investments in financial instruments Changes in other revaluation reserves (property, plant, equipment and intangible assets) Other non-owner changes in equity Tax on items directly recognized or transferred from capital and reserves Total directly recognized revenue and expenses of previous year (period from previous year) Increase/decrease of share capital Other payments by owners Payment of profit shares Other distributions to owners Balance as at last day of reporting period of previous business year Balance as at beginning of current business year Changes in accounting policies Correction of errors of previous periods Balance as at beginning of current business year (corrected) Profit or loss for the period Changes in fair value of financial instruments Other gains and losses from investments in financial instruments Changes in other revaluation reserves (property, plant, equipment and intangible assets) Other non-owner changes in equity Tax on items directly recognized or transferred from capital and reserves Total directly recognized revenue and expenses of current year (current period) Increase/decrease of registered capital Other payments by owners Payment of profit shares Other distributions to owners Balance as at last day of reporting period of current business year

Form IB

NOTES TO FINANCIAL STATEMENTS

Name of the management company: _____________________________________________ OIB (Personal Identification Number): ________________________________________________________________

For the period: _________________________________________________________

Notes to financial statements are prepared in accordance with the provisions of International Financial Reporting Standards (hereinafter: IFRS) in such a manner that they should:
a) provide information on the basis of preparation of financial statements and specific accounting policies applied in accordance with International Accounting Standard 1 (IAS 1), b) disclose information under IFRSs that is not presented in the statement of financial position, statement of comprehensive income, statement of cash flows, and statement of changes in equity, c) provide additional information that is not presented in the statement of financial position, statement of comprehensive income, statement of cash flows, and statement of changes in equity, but is important for understanding any of them.

Date of the report: ____________________ Authorized person of the management company:

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APPENDIX 3.
REPORT ON THE STRUCTURE OF FINANCIAL ASSETS AND LIABILITIES OF THE MANAGEMENT COMPANY

Deposits

Bank BIC	Bank Name	Contractual Amount in Currency	Currency Code	Interest Amount in Currency	Sum of Principal and Interest in HRK	Impairment for Expected Credit Losses

Shares

ISIN	Issuer Name	Quantity	Fair Value in Currency	Currency Code	Investment Value in HRK	Share in Issuer's Ownership

Debt Securities

ISIN	Issuer Name	Nominal Value in Currency	Currency Code	Fair Value	Interest Amount in Currency	Sum of Principal and Interest in HRK	Share in Issue	Impairment for Expected Credit Losses

Money Market Instruments

ISIN	Issuer Name	Nominal Value in Currency	Currency Code	Fair Value	Investment Value in HRK	Share in Issue	Impairment for Expected Credit Losses

Units of Investment Funds

ISIN	Name of Management Company	Name of Fund	Quantity	Fair Value in Currency	Currency Code	Investment Value in HRK	Share in Issue

Derivatives

Type of Derivative	Description	Other Counterparty	OIB of Other Counterparty	Date of Contract Conclusion	Maturity Date	Nominal Value in Currency	Currency Code	Contractual Rate/Exercise Price	Spot Rate/Price

Business Shares

Name of Company	OIB of Company	Description	Investment Value in HRK	Share in Issuer's Ownership

Repo Agreements (Reverse Repo Agreements)

Description (Repo/Reverse Repo Agreement)	Contract Number	Date of Contract Conclusion	Maturity Date of Contract	Name of Other Counterparty	Contractual Principal Amount in Currency	Currency Code	Contractual Repo Rate	Value in HRK	Value of Collateral in HRK	Impairment for Expected Credit Losses

Collateral for Repo Agreements (Reverse Repo Agreements)

Contract Number	ISIN	Price	Quantity/Nominal Value	Currency Code	Value of Collateral in HRK

Other Assets

Description	Date of Conclusion	Maturity Date	Name of Other Counterparty/Issuer	Contractual Principal Amount in Currency	Currency Code	Contractual Interest	Investment Value in HRK	Impairment for Expected Credit Losses