SIF Oltenia S.A.

Net Asset Value • Sep 9, 2022

No. 9229 /09.09.2022

Translation from Romanian into English

To: BUCHAREST STOCK EXCHANGE Fax no.: 021-307.95.19

FINANCIAL SUPERVISORY AUTHORITY Financial Instruments and Investments Sector Fax no.: 021.659.60.51

CURRENT REPORT

according to Law no. 24/2017 (R) and FSA Regulation no. 5/2018 on issuers of financial instruments and market operations

Report date: 09.09.2022 Name of the issuer: Societatea de Investiţii Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1 Tufănele Street, postal code 200767 Phone/Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code: RO 4175676 Order number at the Trade Register: J16/1210/30.04.1993 FSA Register Number: PJR09FIAIR/160001/08.06.2021 ISIN: ROSIFEACNOR4 LEI Code: 254900VTOOM8GL8TVH59 Depozitory-Custodian: Raiffeisen Bank S.A. Depozitory: Depozitarul Central Bucuresti Share capital subscribed and paid: 50,000,000 lei Regulated market on wich the issued securities are traded on: Bucharest Stock Exchange – Shares, Premium Tier (market symbol SIF5)

Important event to report: Rectification of material errors related to NAV as of June 2022 and NAV as of July 2022

Societatea de Investiții Financiare Oltenia S.A. informs investors and shareholders the rectification of the following material errors changes occurred in the periodical reports related to the months of June 2022 and July 2022, as follows:

• In the administrators' report, Annex 10 (statement of assets and liabilities) and Annex 11 (detailed statement of investments) for 30.06.2022, the correct value of NAV (unit value of net asset) is 4.4813 lei not 4.2572 lei. Under these circumstances, the following information in the management report was also corrected:
  • the discount between the trading price and the NAV on 30.06.2022 is -56.37% and not -54.08%
  • at 30.06.2022, the value of the net unitary asset (4.4813 lei/share) recorded an increase of 6.746% compared to the value recorded at 30.06.2021 (4.1981 lei/share) and 1.96% compared to 31.12.2021 (4.3953 lei/share).

• In Annex 10 (statement of assets and liabilities) for the date of 31.07.2022, the correct value of the NAV (unit value of net asset) is 4.5515 lei not 4.3240 lei.

We attach the corrected form of these reports.

There are no other events to report.

Sorin - Iulian Cioacă President - General Manager

Viorica Bălan Compliance Officer