SIF Oltenia S.A.

AGM Information • Apr 28, 2016

${\bf S}$ ocietatea de Investiții ${\bf F}$ inanciare ${\bf OLTENIA}$ S.A.

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200767, Craiova, Str. Tufănele nr. 1 e-mail:public@sifolt.ro,www.sifolt.ro Tel.: 0251-419.397. 419.398. 419.338. 419.347 Fax: 0251-419.340

Număr Registru C.N.V.M.: PJR09SIIR/160003/14.02.2006 CUI/CIF: RO 4175676 Nr. Reg. Com.: J16/1210/30.04.1993 Capital social: 58.016.571 lei

No. 2599 / 28.04.2016

Translation from Romanian into English

To: FINANCIAL SUPERVISORY AUTHORITY Financial Instruments and Investments Sector Fax no.: 021-659.60.51

BUCHAREST STOCK EXCHANGE Fax no.: 021-307.95.19

CURRENT REPORT

according to the R.N.S.C. (C.N.V.M.) Regulation no. 1/2006 regarding the issuers and securities transactions and the Law no. 297/2004 regarding the capital market

Report date: 28.04.2016

Name of the issuer: Societatea de Investiții Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1, Tufănele St., zip code 200767 Phone /Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code (CIF): RO 4175676 Order number at the Trade Register: J16/1210/30.04.1993 R.N.S.C. (C.N.V.M.) Register Number: PJR09SIIR/160003/14.02.2006 Share capital subscribed and paid: 58,016,571 RON Regulated market on which the issued securities are traded on: Bucharest Stock Exchange - Shares, Premium Tier, (market symbol SIF5)

Important event to report:

Decisions of the Extraordinary General Shareholders Meeting of S.I.F. Oltenia S.A., met on 28.04.2016, at the first call

The Extraordinary General Shareholders Meeting of SOCIETATEA DE INVESTITII FINANCIARE OLTENIA SA, statutorily met on 28.04.2016, at the first call, in the presence of the shareholders holding 196,626,453 shares, representing 33.891% of the share capital, out of which shares with voting rights 189,075,329, representing 33.064% of the total shares with voting right, based on the Law no. 31/1990 R, as further amended and supplemented, the Law no. 297/2004, as amended and supplemented, the FSA (former RNSC) Regulations in force and the own Articles of incorporation, with the majority of votes cast by the sharesholders attending or represented, as it is stated in the minutes of the meeting, corresponding to the issues on the agenda, adopts the following decisions:

DECISION no. 1

Approval to supplement the company's object of activity in accordance with the provisions of art. 5 of the Law no. 74/2015 and FSA Regulations no. 10/2015 and the proper rewriting of the art. 3 "THE OBJECT OF ACTIVITY" from the Company's Memorandum of association, which will have the following content:

"The main field of company's activity is CAEN code 649 - other activities of financial intermediations, excluding insurance activities and pensions funds and its main activity is CAEN code 6499 - other financial intermediations n.c.a, as detailed in paragraph.2.

An

The company has the following object of activity:

a) administration and management of shares in commercial companies for which own shares were issued, corresponding to the Certificates of Ownership and Nominative Privatization Coupons subscribed by citizens in accordance with the provisions of art. 4 paragraph 6 of the Law no. 55/1995.

b) administration and management of the own portfolio of securities and making investments in securities in accordance with regulations in force.

c) risk management.

d) other similar and adjacent activities, according to regulations in force, as well as own assets management, code 661-6611, 6612.

DECISION no. 2

The approval of the date of 20.05.2016 as the registration date (ex date 19.05.2016), according to the provisions of art. 238 paragraph 1 of the Law no. 297/2004, RNSC Regulations no. 6/2009, respectively FSA Regulations no. 13/2014.

There are no more events to report.

Associate Prof. PhD. E. Tudor CIUREZU Chairman / General Manager

Ec. Viorica Balan Internal Control