Patria Bank S.A.

M&A Activity • Apr 24, 2017

No. 4399/24.04.2017

To: FINANCIAL SUPERVISORY AUTHORITY (FSA) - Financial instruments and investments sector BUCHAREST STOCK EXCHANGE

Ref: Current report – details regarding the merger process

Report date: 24.04.2017

BANCA COMERCIALĂ CARPATICA S.A.

Current report: According to the FSA Regulation no. 1/2006 Headquarters: Bucuresti, sector 1, Street Ion Brezoianu, Actor, No. 31, 1st, 2nd and attic Phone / Fax No: 021 313 30 44 Unique Registration Code with the Trade Register: RO 11447021 Order number in the Trade Register: J40/9252/2016 Subscribed and paid-in share capital: RON 220,274,282.20 The regulated market where the instruments are traded: Bucharest Stock Exchange

Related to the merger process between Banca Comerciala Carpatica SA, as an absorbing entity and Patria Bank SA, as an absorbed entity, we inform you that on April 21, 2017, the Bucharest Court of Appeal approved the merger file, allowing to the two banks to finalize in the very next future all the procedural and operational steps regarding this process.

According to the algorithm for determining the date on which the merger will produce its effects, according to the Merger Project approved by the Extraordinary General Meeting of the Shareholders of BCC dated 05.10.2016, it is established as the first day of the calendar month following the calendar month in which all necessary approvals are obtained and the necessary formalities are fulfilled, respectively i) the prior approval of the National Bank of Romania (received on November 29, 2016) is obtained and ii) the court decision issued by the competent court approving the merger and ordering the registration of its effects with the National Trade Register Office.

In this respect, the estimated date for the implementation of the merger is 01.05.2017, subject to obtaining of the document issued by the competent court, respectively the court decision approving the merger and ordering the recording of its effects at the National Trade Register Office.

The two banks will return with details to their clients by the end of this week.

HORIA MANDA

Chairman of the Management Board