Fondul Proprietatea

Major Shareholding Notification • Oct 25, 2022

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To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange

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

Important events to be reported:

Shareholding structure and total number of voting rights as at 17 October 2022

– considered as "Reference Date"

The shareholding structure and total number of voting rights at the level of Fondul Proprietatea SA as at 17 October 2022, considered as "Reference Date" for the Fund's General Shareholders' Meeting to be held on 15 November 2022, as received from Depozitarul Central S.A., was as follows:

Shareholder Type	% of subscribed share capital	% of total voting rights
Romanian institutional shareholders	36.05	40.37
Romanian private individuals	20.45	22.90
The Bank of New York Mellon (depository 1 bank for Global Depository Receipts) - out of which Fondul Proprietatea held 0 Global Depository Receipts (0 shares equivalent)	13.69	15.32
Foreign institutional shareholders	10.30	11.53
Ministry of Public Finance	5.78	6.47
Foreign private individuals	3.04	3.41
Treasury Shares2	10.69	0.00
Total	100	100

The total number of shareholders: 15,837. The total number of voting rights was 5,726,480,131.

Franklin Templeton International Services S.À R.L., acting as Alternative Investment Fund Manager of FONDUL PROPRIETATEA S.A.

Johan MEYER Permanent Representative Name of the issuing entity: Fondul Proprietatea S.A.

Registered office: 76-80 Buzesti Street 7 th floor, 1 st district, 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 3,233,269,110.76

Number of shares in issue and paid-up: 6,217,825,213

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

GDRs on London Stock Exchange

Report date: 25 October 2022

¹ The underlying shares for depositary receipts issued by The Bank of New York Mellon are registered in the name of The Bank of New York Mellon and for the account of holders of the depositary receipts.

² 658,989,619 treasury shares out of which 464,617,865 treasury shares acquired in the 13th buyback program and 194,371,754 treasury shares acquired in the 12th buyback program.