Fondul Proprietatea

Share Issue/Capital Change • Feb 2, 2022

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To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange

Current report according to the provisions of Article 99 letter s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments.

Important events to be reported:

Correction of the date referred to in respect of the last report of unpaid shares held by the Romanian State

Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager and sole director ("AIFM / Fund Manager") of Fondul Proprietatea S.A. ("Fund"), would like to inform shareholders and investors that in the current report published on 2 February 2022 regarding the Update on the Fund's share capital, in the English version, the date on which the number of unpaid shares held by the Romanian State in the Fund was last reported was incorrectly mentioned.

Thus, istead of

"(as at 31 January 2021, the Romanian State held 363,812,350 unpaid shares, each share having a nominal value of RON 0.52)"

should be read

"(as at 31 December 2021, the Romanian State held 363,812,350 unpaid shares, each share having a nominal value of RON 0.52)"

Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager of FONDUL PROPRIETATEA S.A.

Johan MEYER Permanent Representative

Report date:

2 February 2022

Name of the issuing entity: Fondul Proprietatea S.A.

Registered office: 76-80 Buzesti Street 7 th floor, district 1, Bucharest, 011017

Phone/fax number: Tel.: + 40 21 200 96 00 Fax: +40 31 630 00 48

Email: office@fondulproprietatea.ro

Internet: www.fondulproprietatea.ro

Sole Registration Code with the Trade Register Office: 18253260

Order number in the Trade Register: J40/21901/2005

Subscribed and paid-up share capital: RON 3,334,342,422.84

Number of shares in issue and paid-up: 6,412,196,967

Regulated market on which the issued securities are traded: Shares on Bucharest Stock Exchange

GDRs on London Stock Exchange