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1    <p align="center"><b>PLIVA's Management Board</b></p>
2  <p align="center"><b>PLIVA's Management Board</b></p>  <p><b>Zeljko Covic</b>, M.Sc., <b><i>President & CEO</i></b>. Born 1953. Graduated
3  <p><b>Zeljko Covic</b>, MSc, <b><i>President & CEO</i></b>. Born 1953. Graduated    from the School of Food & Biotechnology, University of Zagreb (1978).
4    from the School of Food & Biotechnology, University of Zagreb, Croatia, (1978),    In 1991 earned his M.Sc. and in 1999 completed SSE at the International Institute for Management Development (IMD), Laussanne. Received in 1999 ING Baring and Emerging Markets CEO of the Year Award for Europe, Middle East and Africa. Currently is a member of the Business Advisory Council of the Stability Pact. A member of the PLIVA team since 1980. Appointed Director
5    earning his MSc in 1991. A member of the PLIVA team since 1980. Appointed Head    of Food Production (1985) and Marketing & Sales Director of Food (1988). Member
6    of Food Production (1985) and Head of Food Marketing & Sales (1988). Member    of the Executive Council and Secretary of Economic Affairs in the Zagreb City
7    of the Executive Council and Secretary of Economic Affairs in Zagreb's City    Assembly (1991-1993). From 1993 to 1995, served as Chairman of the Board of Directors, and as of 1995, President of the Management
8    Assembly (1991-1993). As of 1993, Mr. Covic has been President of the Management    Board of PLIVA.</p>
9    Board and CEO of PLIVA.</p>  <p><b>Dubravko Mak</b>, <b><i>Vice-President, Global Business
10  <p><b>Dubravko Mak</b>, <b><i>Vice President Global Business  Development</i></b>. Born 1958. Graduated
11  Development</i></b>. Born 1958. Graduated    from the School of Economics, University of Zagreb (1981). A member of the PLIVA
12    from the School of Economics, University of Zagreb, Croatia, (1981). A PLIVA    team since 1983. Employed in the Export Department (1994-1988), advancing
13    team member since 1983. Employed in the Export Department (1994-1988), advancing    to become President of PLIVA USA, Inc., New York (1988-1995), Vice-President
14    to become President of PLIVA USA Inc., New York, (1988-1995) and Vice    of PLIVA Management Board in charge of Business Development (1995-1999) and Pharmaceuticals Operations (1999-2001).</p>
15  President  <p><b>Radan Spaventi</b>, Ph.D., <b><i>Vice-President & CSO</i></b>.
16    of PLIVA Management Board in charge of Business Development (1996-1999).  Born
17  Appointed Vice President Global Business Development in 2001.</p>    1962. Graduated from the School of Medicine, University of Zagreb (1986) and earned his Ph.D. in 1993. Post-doctoral fellow abroad on several occasions (including Harvard Medical
18  <p><b>Radan Spaventi</b>, MD, Ph.D., <b><i>Vice President R&D</i></b>.    School, Boston, USA and Imperial Cancer Research
19  Born    Fund, UK). Appointed Head of the Laboratory for Molecular Pathology, Department
20    1962. Graduated from The School of Medicine, University of Zagreb, Croatia,    of Molecular Medicine, "Ruder Boskovic" Institute, Zagreb (1987). Author of
21    (1986), where he earned his Ph.D. in 1993. Post-doctoral fellow at Harvard Medical    more than 30 scientific research papers published in international
22    School, Boston, USA, and visiting scientist at the Imperial Cancer Research    journals, author/editor of three books. Received the award for outstanding contribution
23    Fund, UK. Appointed Head of the Laboratory for Molecular Pathology, Department    to Medical Science and Arts (1994) from the Croatian Academy of Science and Arts. Joined
24    of Molecular Medicine, "Ruder Boskovic" Institute, Zagreb, (1987). Author of    the PLIVA team (1995) as Research Institute Director. Member of the Management Board since 1999.</p>
25    approximately 30 scientific research papers published in international peer-reviewed  <p><b>Zeljko Peric</b>, <i><b>Vice-President & CFO</b></i>. Born 1958.
26    journals, author/editor of three books. Received award for outstanding contribution  Graduated
27    to medical science from the Croatian Academy of Science and Arts (1994). Recruited    from the School of Foreign Trade, University of Zagreb, Croatia. Worked on foreign investments for INGRA (1984-1990). Finance Director of a Malaysian project. Upon returning to Croatia, appointed Manager of the department for implementing projects in the Middle East. Senior Advisor for the International Economic Relations Department at the Ministry of Foreign Affairs (1990-1992). For a short period of time held the position of Finance Director in "Hidroelektra". A member of the PLIVA team since 1993, first as Director of Consulting (currently Engineering) and then as Finance Director (since 1996). Member of the Management Board since 1999.</p>
28    by PLIVA for the position of Research Institute Director (1995).  <p><b>Zelimir Vuksic</b>, M.D., <i><b>Vice-President,
29  Appointed Vice President  Pharmaceuticals</b></i>. Born 1962. Graduated from the Faculty of Medicine, University of
30    of the Management Board in charge of Research & Development (1999).</p>  Zagreb, Croatia (1986). He attended postgraduate study in Clinical pharmacology at the same University (1989), and MBA at the School of Business and Administration at the Faculty of Economics, University of Zagreb (1993). After a successful career at Knoll where he was the youngest General Manager in the BASF corporation, he joined PLIVA's team in 1997 as Director of Marketing and Sales. As of 1999, Director of PLIVA's Pharmaceutical Operations. Member of the Management Board since 2001.</p>
 <p><b>Zeljko Peric</b>, <i><b>Vice President Finance</b></i>. Born 1958.  
 Graduated  
   from the School of Foreign Trade, University of Zagreb, Croatia. Attended several  
   workshops abroad at institutions such as Harvard University and Management Centre  
   Europe. Employed abroad working on foreign investments for INGRA (1984-1990).  
   Finance Director of a Malaysian project. Upon returning to Croatia, appointed  
   Manager of the department for implementing projects in the Middle East. Senior  
   Advisor for the International Economic Relations Department at the Ministry  
   of Foreign Affairs (1990-1992). For a short period of time held position of  
   Finance Director in "Hidroelektra". A member of the PLIVA team since 1993. Director  
   of the Consultancy Department (Engineering today) (1993), and employed as Finance  
   Director, as of 1996.</p>  
 <p><b>Zelimir Vuksic</b>, MD, <i><b>Vice President  
 Pharmaceuticals</b></i>. Born 1962. Graduated from the University of  
 Zagreb, Croatia, Medical School in 1986. In 1988, Dr. Vuksic began his  
 career as a medical research associate after which he moved to the  
 position of sales representative at Knoll AG. In 1992, he was appointed  
 General Manager for the Croatian and Slovenian markets, later advancing to  
 the position of Manager of the Knoll Representative office for Croatia and  
 Slovenia (from 1993 through 1996). In 1997, Dr. Vuksic joined PLIVA as  
 Director of Marketing and Sales in the Pharmaceuticals segment. In 1999,  
 Dr. Vuksic was appointed the Director of Pharmaceutical operations  
 covering the areas of strategic marketing, medical affairs, licensing, and  
 marketing and sales. Appointed to the Management Board as Vice President  
 Pharmaceuticals in 2001.</p>  

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