Turbomecanica S.A.

Notice of Dividend Amount • Mar 22, 2019

Bd. Iuliu Maniu Nr. 244 Sector 6 Cod Poştal 061126 Bucureşti – Romania Tel.: (+4) 021 434 32 06; (+4) 021 434 07 41 Fax: (+4) 021 434 07 94 Identificator Unic la Nivel European (EUID): ROONRC.J40/533/1991 Cod Registrul Comerţului J40/533/1991 Cod Fiscal RO3156315 Cod Unic de Înregistrare 3156315 Capital Social subscris integral vărsat 36.944.247,50 RON www.turbomecanica.ro; e-mail: office@turbomecanica.ro

Proposal for net profit distribution for the fiscal year 2018

In the Board of Directors' meeting of 21.03.2019 for approval of the financial situations for the fiscal year 2018 the Board of Directors of Turbomecanica SA has decided to propose to the Ordinary General meeting of shareholders the following distribution for the net profit related to the fiscal year 2018 in value of 24.847.717 lei as follows:

1.	Other reserves – distribution of the profit for which
	a tax exemption was granted under the provisions of
	Art.22 para. (5) of the Law 227/2015 on Fiscal Code,
	amounting to:	1.750.671,07 lei
2.	Covering the losses for previous years,
	amounting to :	8.319.346,93 lei
3.	Gross total dividend distribution, amounting to	14.777.699,00 lei,
	representing a gross amount of 0,04 lei/share

Also, it is proposed that the time limit for dividend payment to be of maximum 6 months form the date of their approval under the applicable legal provisions.

PRESIDENT OF THE BOARD OF DIRECTORS GENERAL MANAGER

Eng. Radu Viehmann