Santierul Naval Orsova S.A.

Regulatory Filings • Apr 17, 2019

S.C. "ŞANTIERUL NAVAL ORŞOVA" S.A. Nr. RC J25/150/1991 CIF: RO 1614734 Capital social: - subscris 28.557.297,5 lei - varsat 28.557.297,5 lei Str. Tufări, nr. 4, Orşova, 225200, Mehedinţi Tel.: 0252/362.399; 0252/361.885; Fax: 0252/360.648 E-mail: mircea.sperdea@snorsova.ro; marketing@snorsova.ro Codul LEI (Legal Entity Identifier): 254900UXAJ8TPIKLXG79 Cod IBAN: RO96RNCB0181022634120001- B.C.R. Orşova Cod IBAN: RO59BRDE260SV03176142600- B.R.D. Orşova

To:

THE STOCK EXCHANGE BUCHAREST – Department of Operations Issuers of Regulated Markets

____________________________________________________________________________________

FINANCIAL MONITORING AUTHORITY – Department of Financial Instruments and Investments

CURRENT REPORT ACCORDING TO THE LAW NO. 24/2017 AND TO THE ASF REGULATION NO. 5/2018 Concerning the issuers of financial instruments and market operations

DATE OF THE REPORT: 17TH of April 2019

• Name of the trading company: S.C. ŞANTIERUL NAVAL ORŞOVA S.A.;
• Registered office: 4, TUFĂRI Street, ORŞOVA, MEHEDINŢI County;
• Telephone/fax:0252/362399 0252/360648;
• Single registration code issued by the Trade Register: RO 1614734;
• Registered number with the Trade Register's Office: J25/150/03.04.1991;
• Code Lei: 254900UXAJ8TPIKLXG79
• Subscribed and paid in share capital: 28,557,297.5 Lei
• Number of shares: 11.422.919 common shares, of 2,5 lei each;
• Regulated market where the issued securities are traded: Bucharest Stock Exchange-category Standard (symbol: SNO)

IMPORTANT EVENT TO REPORT: FAILURE TO MEET THE QUORUM FOR THE GENERAL ORDINARY MEETING OF THE SHAREHOLDERS, UPON THE FIRST CALLING ON THE DATE OF 17TH OF APRIL 2019, 10:00 O'CLOCK.

The management of S.C. Șantierul Naval Orșova S.A. informs the shareholders and all interested parties that the General Ordinary Meeting of the Shareholers settled for the date of 17th of April 2019, at 10 o'clockfirst calling- to the main head-office from the town of Or;ova, no. 4 Tufări Street, Mehedinți County, did not take place because of missing quorum.

According to the provisions under art. 15 line (3) from the company's articles of incorporation, for the validation of the deliberations by the general ordinary meeting of the shareholders, upon the first calling, it was necessary that the present shareholders or representatives should hold at least half of the total number of the voting rights.

On the date and time of the first calling, on the 17th of April 2019, at 10 o'clock, a number of 7 shareholders were present, holding of 13,29% the social capital which made impossible the existence of the general meeting.

Considering that the legal and statutory terms of quorums failed to be fulfilled for the progress of the General Ordinary Meeting of the Shareholders upon the first calling, namely for the date of 17th of April 2019, 10:00 o'clock, the General Ordinary Meeting is postponed until its second calling, namely for the date of 18th of April 2019, 10:00 o'clock.

Eng. Mircea Ion Sperdea