Purcari Wineries Public Company Limited

Board/Management Information • Dec 17, 2025

Purcari Wineries Public Company Limited

1 Lampousas Street, 1095, Nicosia, Cyprus

Tel: +373 22 856 035, Fax: +373 22 856 022

HE201949

Share capital: EUR 410,117.80

www.purcariwineries.com

To: Bucharest Stock Exchange (BVB)

cc: Cyprus Securities & Exchange Commission (CySEC), Romanian Financial

Supervisory Authority (FSA) – Financial Instruments and Investments Sector

Announcement and Current Report

Report date: December 16, 2025

Company name: Purcari Wineries Public Company Limited

Headquarters: 1 Lampousas Street, 1095, Nicosia, Cyprus

Phone/fax no.: +373 22 856 035/ +373 22 856 022

Cyprus Trade Register Registration Number: HE201949

Subscribed and paid in share capital: EUR 410,117.80

Regulated market where the issued securities are traded: Bucharest Stock Exchange,

International shares category

Symbol: WINE

Management Change: Appointment of Chief Executive Officer

Purcari Wineries Public Company Limited (hereinafter referred to as the "Issuer", the "Company" or the "Group"), CEE's leading wine producer, announces that the Company and Mr. Alexandru Filip have mutually agreed to terminate his mandate as Chief Executive Officer of the Company, under terms and conditions to be subsequently detailed and agreed upon.

In order to ensure continuity of leadership and the consistent execution of the Group's strategy, the Board of Directors approved the appointment of Mr. Victor Bostan, Founder of the Company, to assume and fill the position of Chief Executive Officer.

"It has been an honor to serve as Chief Executive Officer during a pivotal phase in Purcari's development, marked by strong commercial performance and a successful transition in our shareholder base. I am proud of what our team has achieved together and remain fully supportive of Purcari's future direction under a strengthened shareholder structure. I am confident that Mr. Bostan's leadership will ensure continuity of vision, the deepening of strategic execution, and sustainable value creation for all stakeholders." said Alexandru Filip.

Victor Bostan added "I would like to express my sincere gratitude to Alex Filip for his leadership, dedication, and remarkable ability to understand and navigate the complexities of the wine industry in an exceptionally short period of time. Winemaking is a business where knowledge and impact are traditionally built over decades, and Alex's learning journey, professionalism, and profoundly positive impact during this transformational phase for Purcari deserve deep respect and gratitude.

I am equally grateful to MASPEX for their trust, support, and long-term vision as our majority shareholder. Their partnership provides Purcari with the strength and stability needed to pursue ambitious strategic objectives while preserving our unique heritage, winemaking philosophy, and entrepreneurial spirit. Together, we are well positioned to continue building a strong, multinational wine group for the benefit of all stakeholders."

The appointment of Mr. Victor Bostan is effective as of December 15, 2025.

____________________

Eugeniu Baltag

Investor Relations Director