Agrokor Group

Management
Board

ce in the supply and demand of almost

all agricultural products created an
even more complex situation. Supply
in excess of demand caused significant
price drops and slowing of global
Ivica Todori
commerce, as well as an accumulation President of the Agrokor Group
of substantial reserves.

Agrokor has made significant inves-

tments across all its businesses in the
past ten years, which prepared those
businesses to cater for future growth
and take advantage of the increased
scale to further improve their profita-
bility and efficiency.

By recognizing the correlation

Ante Todori
between consumer needs, market Deputy President of the Agrokor Group
trends and innovation, Agrokor dedi-
cated a prominent role to research and
development in its long-term vision
of achieving competitive advantages
and the highest production and quality
standards.

Finally, it can be stated that the main

targets of Agrokors management
teams in 2015 were related to raising
the productivity and profitability Hrvoje Balent Ivan Crnjac Piruka Canjuga
Executive Vice President Executive Vice President Executive Vice President
of operations through development Central Purchasing and Services Finance, Strategy and Capital Markets Business Development
of new products, reorganization of
distribution channels, formulation of
new sales policies and to opening of
new communication channels with
consumers, and concluded that all
of these targets have been achieved
and that all teams were successful in
achieving their goals.

Mislav Gali Darko Knez Ivica Serti

Executive Vice President Executive Vice President Executive Vice President
Food Business Group Retail Business Group Markets, Sales and Logistics