ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company. Minerva‘s ADRs represent Minerva‘s ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars (if applicable) and have the right to vote on shareholders resolutions. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors.

This is the relation between the number of ADRs and the number of ordinary shares. Every Minerva ADR represents 4 ordinary Minerva shares.

U.S. investors may prefer to purchase ADRs rather than ordinary shares in the issuer‘s home market because ADRs trade, clear and settle according to U.S. market conventions. One of ADRs‘ top advantages is the facilitated diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information.

ADR issuers are typically large multinational corporations. Any non-U.S. company seeking to raise capital in the U.S. or increase their base of U.S. investor can issue ADRs.

Information is widely available on Minerva‘s website http://www.minervafoods.com/ri Investors can sign up to receive press releases in English on the Company‘s website (if applicable). Trading information is readily available on the OTC Markets Group website and our Depositary bank‘s website www.adr.db.com

Minerva ADRs are traded in the OTC (over the counter) market. You can refer to http://www.otcmarkets.com and www.adr.db.com

Deutsche Bank Trust Company Americas. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars (if applicable) and facilitates the exercise by the ADRs holders of their voting rights (if applicable).

A registered holder is one whose name appears on the books of the depositary bank. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.

Converting ordinary shares into ADRs must be done through a broker investment advisor or through Deutsche Bank Trust Company Americas. You can contact Deutsche Bank broker services desk on +1 212 250 9100 or +44 207 547 6500

If you do not hold via a broker, bank or nominee, please contact our transfer agent:
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: DB@amstock.com
Toll-free number: +1 866 706 0509
Direct Dial: +1 718 921 8137
To receive your Minerva Annual Report, or other shareholder or company information please contact Investors Relations via Minerva‘s website http://www.minervafoods.com/ri

For corporate action information, please visit: http://www.minervafoods.com/ri or http://www.adr.db.com. Search for Minerva and then select Corporate Actions tab. Alternatively you may contact Deutsche Bank Trust Company Americas Shareholder Services on toll-free number +1 866 706 0509 or Direct Dial: +1 718 921 8137.

Historical share prices for Minerva‘s ADRs can be found on Deutsche Bank website (http://www.adr.db.com) or on the OTC Markets website (http://www.otcmarkets.com).