D U B R O V N I K May 2019

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B R O C H U R E THE SPRING MEETING OF D U B R O V N I K 16 18 May 2019 Hotel Valamar Lacroma Dubrovnik Iva Dulčića 34, 20000 Dubrovnik, Croatia PRESENTATION & PROGRAMME Please register by 15 April 2019 at the latest ORGANISED BY

THE ORGANISER HRVATSKO DRUŠTVO SUDSKIH VJEŠTAKA I PROCJENITELJA (HDSViP) Croatian Association of Court Expert Witnesses and Valuers (CACEW) The Croatian Association of Court Expert Witnesses and Valuers was incorporated in 1980 as the Association of Expert Witnesses in Zagreb, Croatia. HDSViP operates as a voluntary, non-government and non-partisan association operating on the whole territory of the Republic of Croatia, which is engaged in the enhancement of the court expert institution and its role in the judicial and other institutions and cooperates with legal entities and individuals in accordance with the laws and regulations of the Republic of Croatia. Due to changes in legislation in respect of valuation, in March 2015 the Association changed its name to reflect such changes and as of March 10, 2015 it operates under the name Hrvatsko drustvo sudskih vjestaka i procjenitelja (Croatian Association of Court Expert Witnesses and Valuers). The representatives of the Association to TEGoVA are: Melita Bestvina MSc REV President Krunoslav Komesar BSc C.E. Vice-President Secretariat: mr.igor Kaluđer dipl.oec., secretary CACEW Tel: +385 99 2588 849 E-mail: tajnik@sudski-vjestaci.hr 2

BRIEF HISTORY OF DUBROVNIK For all of its history Dubrovnik was part of Republic of Dubrovnik which consisted of the city Dubrovnik, Konavle, Cavtat, Ston and few other small places together with Elaphite islands. Its independency Republic of Dubrovnik confirmed in 14th century. Its boom and the culmination were experienced in the 16th century trading mainly with the Ottoman Empire, but also with Italy and Spain. Its development Republic of Dubrovnik based on trade and navigation. Dubrovnik had one of the best navies in the history. In the 1667 Republic of Dubrovnik began its decline. That year strong earthquake hit Dubrovnik, destroyed all city and killed about 3 thousand people. The earthquake was followed by a fire which destroyed the cultural heritage which was centuries old, but Dubrovnik managed to recover and rise again. In 1808 Republic of Dubrovnik ceased to exist and Dubrovnik fell under the Austrian rule, as part of Kingdom of Dalmatia. Through the whole history many forces fought for this town, but it managed to resist and to keep its freedom and independency. In the recent history Dubrovnik once more needed to fight for its freedom and today it is one of the most beautiful cities and one of the most visited destinations in the whole world, just thanks to its history, cultural heritage and city walls because of which it is famous all around the world and which were made exactly for protection of this city. War in Croatia Today, Dubrovnik is a very safe city, but 27 years ago the whole Old Town was destroyed. Dubrovnik was caught in the cross-hairs of the war that followed Croatia's declaration of independence in 1991. For no obvious military or strategic reason, Dubrovnik was pummelled with some 2000 shells in 1991 and 1992 by the Yugoslav military, suffering considerable damage and loss of life. Shells struck 68% of the 824 buildings in the old town, leaving holes in two out of three tiled roofs. Building facades and the paving stones of streets and squares suffered 314 direct hits and there were 111 strikes on the great wall. Nine historic palaces were completely gutted by fire, while the Sponza Palace, Rector s Palace, St Blaise s Church, Franciscan Monastery and the carved fountains Amerling and Onofrio all sustained serious damage. It was quickly decided that the repairs and rebuilding would be done with traditional techniques, using original materials whenever feasible. All of the damaged buildings have now been restored and Dubrovnik has since regained its original grandeur. The town walls are once again intact, the gleaming marble streets are smoothly paved and famous monuments have been lovingly restored, with the help of an international brigade of specially trained stonemasons. 3

FEES The registration fee of 580,00 includes entry to: - the Valuation Conference on 17 May, tea/coffee breaks and lunch - the Formal Dinner on 17 May - the General Assembly on 18 May, tea/coffee breaks and lunch The extra costs for delegate partners formal dinner, partners programme and informal dinner are indicated in the registration form. HOTEL & MAIN VENUE Hotel/Meetings/Conference Venue Hotel Valamar Lacroma Dubrovnik Valamar Lacroma Dubrovnik Hotel is located on the tranquil Babin kuk peninsula, surrounded by pine tree forests and soothing white pebble beaches. Renowned for its fusion of nature and state of the art facilities, the hotel offers ultra modern rooms and suites, the largest conference facilities in the area, memorable gastronomic experiences in its gourmet restaurant, a wine bar terrace with panoramic views of the Elaphiti Islands and an abundance of activities to let you create a perfectly balanced holiday in Croatia. Single room, balcony & sea view = 180 Double room, balcony & sea view = 200 Single room, balcony & park view = 165 Double room, balcony & park view = 185 Single room, park view = 150 Double room, park view = 170 Address: Iva Dulčića 34, 20 000 Dubrovnik 4

FORMAL DINNER Restaurant KLARISA Restaurant Klarisa is located in the heart of the Old City of Dubrovnik, near the Great Onofrio Fountain, in the former monastery of St. Claire which dates back to the 13th century. Address: Poljana Paska Miličevića 4, 20 000 Dubrovnik One of the best known among eight convents at the time, Convent of St. Claire was the place where mainly the girls of noble birth were ordained. Franciscan sisters were named Klarisas. It was built during the 13th and 14th century, when a great care was taken in order to ensure the virtuous life of the nuns, yet the following centuries witnessed major renovations. The convent housed a shelter for abandoned children already in the 13th century, whereas in 1432 the city authorities established here one of the oldest orphanages in Europe. The Orphanage building with an inscription in Latin language above the door and the window where the children used to be left can still be seen in the nearby Zlatarićeva Street. In May 1806, when Napoleon's army entered Dubrovnik, all convents were closed, and the Convent of St. Claire was turned into a stable and an ammunition warehouse. Later in history the Convent of St. Claire served various purposes. After World War II, a restaurant called "Jadran" was opened within the convent, which was later renamed "Libertas", nowadays called Klarisa. In one part of the former convent, the offices of Dubrovnik Diocese are located. In the atrium of the ancient Convent of St. Claire, on an exceptional location, the restaurant Klarisa offers an unforgettable gastronomic experience. 5

INFORMAL DINNER (sunset medieval boat cruise included) KARAKA medieval boat Unforgettable boat transfer to your INFORMAL dinner is included in the price. Restaurant POSAT If you re looking for a Dubrovnik best view restaurant you re in the right place! Address: Ulica uz Posat 1, 20 000 Dubrovnik Restaurant Posat food recipes are original and traditional and the plates are always presented in a neoteric and creative way. From the very beginning Restaurant Posat have set the scale high on Dubrovnik gastronomic scene. The menu is based on authentic Mediterranean cuisine, and special emphasis is placed on fresh, quality ingredients. There, you will have an opportunity to experience the true essence of Dubrovnik, but not only through extraordinary food and impressive wine list. You will love how interior subtly engages with your mind, while the spacious terrace overlooks the historic city from a spectacular angle. Indulge your senses while resting your eyes in best view on vivid Pile gate, Dubrovnik City Walls and beautiful fortresses Bokar and Minceta. Informal dinner is not included in the registration fee and it costs 80 per person. 6

EUROPEAN VALUATION CONFERENCE Hotel Valamar Lacroma Dubrovnik - Conference Room ELAFITI 1 European Valuation Conference The Role of the Expert Witness in the Valuation of Property and Businesses Valamar Lacroma Dubrovnik Hotel Friday 17 May 2018, 09:00 13:00 GENERAL ASSEMBLY Hotel Valamar Lacroma Dubrovnik - Conference Room ELAFITI 2,3 &4 7

VENUES (summary) Hotel Meetings EVSB meeting ((Thursday 16 May, morning) Board meeting (Thursday 16 May, afternoon) Other meetings (Friday 17 May, afternoon) General Assembly meeting (Saturday 18 May, morning) Hotel - Conference Room Valuation Conference (Friday 17 May, morning) KLARISA Restaurant Formal Dinner (Friday 17 May) POSAT Restaurant Informal Dinner (Saturday 18 May) PARTNERS PROGRAMME Saturday 18 May 2018 Excursion to Ston & Pelješac peninsula 09:30 16:30 09:30 Departure from hotel - Drive along Dubrovnik Riviera to Ston - Walking tour through the town of Ston - Wine tasting in local cellar at Pelješac vineyard - Lunch at the famous fish restaurant 16:30 Return to hotel Cost: 80 per person (minimum number of participants: 10) The price includes transportation with minibus from the hotel and back, English-speaking guide, wine tasting and fish lunch. 8

MEETING PROGRAMME Thursday, 16 May 2018 15:00-18:30 Registration of TEGoVA Delegates 09:30-13:30 EVSB Meeting (for EVSB Members only) 14:00-17:00 TEGoVA Board Meeting (for Board Members only) 20:00-23:00 HDSViP/TEGoVA Board Dinner (for Board Members, Advisers, Secretariat and Guests) Venue: ORSAN restaurant Dress Code: Jacket & tie, no badge Transport: Private bus 19:45 Meeting point: lobby of the hotel Friday, 17 May 2018 08:30-18:30 Registration of TEGoVA Delegates 09:00-13:00 European Valuation Conference (see programme next page) 9

14 EUROPEAN VALUATION CONFERENCE The Role of the Expert Witness in the Valuation of Property and Businesses Valamar Lacroma Dubrovnik Hotel Friday 17 May 2018, 09:00 13:00 08:30 09:00 Registration (Entrance Free for TEGoVA Delegates) 09:00 09:30 Welcome Melita Bestvina Msc REV, President, Croatian Association of Court Expert Witnesses and Valuers and Krzysztof Grzesik REV, Chairman TEGoVA 09:30 09:55 Bob Brackett CPA, ICVS, CGMA, CVA, Secretary General, International Association of Certified Valuation Specialists (IACVS) - The Journey from Real Estate to Business Valuation 09:55 10:20 Ljerka Živković, mr.oec. - Company valuation methods judicial practice in the Republic of Croatia 10:20 10:45 dr.sc. Mirjana Radman Funarić, prof.v.š. - Dynamic method of company valuation and due diligence 10:45 11:10 mr.sc. Zita Pleslić, dipl.oec. - Valuation of Large and Small Companies in the Republic of Croatia 11:10 11:35 Coffee break 11:35 12:00 Peter Ott, Member of the Board, International Institute of Business Valuation (iibv) - The Business of Educating Business Valuers 12:00 12:25 James L Murrett MAI SRA, President, Appraisal Institute (USA) - The Expert Valuation Witness in the USA 12:25 12:50 Roger Messenger REV, Vice Chairman, TEGoVA The Role of the Expert Valuation Witness in Raising Standards in Valuation Practice 12:50 13:00 Questions - Conclusion * The programme may suffer modifications 13:00-14:30 Buffet lunch on the premises 14:30-15:30 REV, TRV & REVC Contract Signing (for AMA, R-AMA and C-AMA delegates who have REV, TRV and REVC Agreements to be signed) 14:30-18:30 14:30-16:30 EBVSC Meeting (EBVSC Members only) Recognition Committee Meeting (RC Members only) 16:30-17:30 EVQB Meeting (EVQB Members only) 17:30-18:30 EVPMB Meeting (EVPMB Members only) 20:30-23:30 19:30 Formal Dinner (TEGoVA delegates & partners / Guests) Venue: KLARISA restaurant Dress code: Jacquet & Tie, no badge Transport: Organised bus transportation Meeting point: lobby of the hotel 10

Saturday, 18 May 2018 08:30-09:30 Registration of TEGoVA Delegates (entrance GA room) 10:00-15:00 Partners Programme Ston and Pelješac peninsula wine tasting and lunch included 09:30 Meeting Point: lobby of the hotel 09:30-16:00 TEGoVA General Assembly 11:00-11:30 Coffee break 13:00-14:30 Lunch Delegates TEGoVA General Assembly (hotel) 14:30-16:00 TEGoVA General Assembly continued 16:00-17:30 Board Meeting 20:00 23:00 Informal Dinner Venue: POSAT Restaurant Dress Code: Smart casual, no badge Transport: Bus + Medieval boat KARAKA 19:00 Meeting point: lobby of the hotel 11

MEETING REGISTRATION PROCEDURE Meeting registration fee and extra options Events (summary) Meeting Registration Fee (including the valuation conference and the formal dinner) Cost 580 Formal Dinner - Friday 17 May 2018 -cost for accompanying persons, partners, other- 90 Partners Programme - Saturday 18 May 2018 Tour including lunch (see p. 8) Minimum 10 participants 80 Informal Dinner - Saturday 18 May 2018 (not included in the registration fee) 80 Registration instructions Submit your meeting registration at: http://www.dubrovniksun.hr/prijave/tegova-registration/ Payment methods: Please be informed that payment can be made online with credit card or by bank transfer. Payment by bank transfer - bank charges to be paid by delegate Invoice: The invoice will be sent to the e-mail address indicated in the online registration form. Registration conditions: Completing the online registration form represents a legally binding contract and a commitment to pay all charges incurred. Cancellations must be made by e-mail to tegova.2019@dubrovniksun.hr. 12

Registration cancellation rules: For any cancellation received until 15 April 2019: reserved registration fee won't be charged, except 40 eur/300 kn of handling fee. For any cancellation received from 16 April until 30 April 2019: 50% of reserved registration fee + 40 eur/300 kn of handling fee will be charged. For any cancellation received from 1 May 2019: the full reserved registration fee will be charged. Liability: Since the organiser bears no responsibility for any accident or damage that may be suffered by the participants during their trip and stay in Dubrovnik, it is recommended that participants conclude a personal accident insurance before starting the trip. 13

HOTEL REGISTRATION PROCEDURE Hotel reservation Submit your hotel registration at: http://www.dubrovniksun.hr/prijave/tegova-accommodation/ CANCELLATION POLICY For any cancellation received until 15 April 2019: reserved room nights won't be charged. For any cancellation received from 16 April until 30 April 2019: 50% of reserved room nights will be charged. For any cancellation received from 1 May 2019: all reserved room nights will be charged. Important: Do not reserve through Boooking.com or equivalent hotel reservation sites. The rates that the organiser obtained are the result of a group contract comprising a series of services and conditions. Therefore, use the above link to do your booking. If you want to book your room for other /additional dates you can do so through the on-line hotel registration, or via e-mail: tegova.2019@dubrovniksun.hr We can only guarantee availability and hotel rates until 15 April 2019. If you are not able to book by this date, please contact tegova.2019@dubrovniksun.hr to check availability. 14