Santierul Naval Orsova S.A.

Board/Management Information • Sep 4, 2017

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 Cod IBAN: RO96RNCB0181022634120001- B.C.R. Orşova Cod IBAN: RO59BRDE260SV03176142600- B.R.D. Orşova

TO :

AUTHORITY OF FINANCIAL SURVEILLANCE BUCHAREST EXHANGE HOUSE

CURENT REPORT

Issued in accordance with provisions from law 297 from 2004 regarding capital market, as subsequently amended and supplemented and in according with c.n.v.m. regulation nr. 1/2006, as subsequently amended and supplemented

Report date: 04.09.2017

• Name of the company: S.C. ŞANTIERUL NAVAL ORŞOVA S.A.;
• Registered office: 4, TUFĂRI Street, ORŞOVA, MEHEDINŢI County;
• Telephone/facsimile:0252/362399 0252/360648;
• Single registration code issued by the Trade Register: RO 1614734;
• Registered number with the Trade Register: J25/150/03.04.1991;
• Regulated market where the issued securities are traded: it is a company whose shares are traded on a regulated market, respectively it is listed on the Bucharest Stock Exchange, symbol: SNO
• Subscribed and paid in share capital: 28,557,297.5 Lei
• Class, type, number and core values of securities issued by the company: 11,422,919 common shares, nominative, of 2.5 Lei each;
• It is listed at Bucharest Exchange House, second category, symbol : SNO

In accordance with the provisions of Law no.297 / 2004 on capital market, as amended and supplemented and Regulation No.1 / 2006 of NSC, SC Orşova Shipyard S.A., a company admitted to trading on an organized market, listed on the Bucharest Stock Exchange informs ASF, BSE and its shareholders in this Current Report regarding the following significant events to report:

CURRENT REPORT

In connection with the next important event to report:

Unique article. At its meeting on 01.09.2017 the Board of Directors of S.C.Santierul Naval Orsova SA approved the establishment of the two consultative committees, among its members, in accordance with the Corporate Governance Code of the BVB, the provisions of Law 31/1990, the Companies Act, republished, as subsequently amended and supplemented and Law No 162/2017 regarding the statutory audit of the annual financial statements and the consolidated annual financial statements and amending certain normative acts, as follows:

• a) Audit committee:
• Fercala Mihai president
• Pantea Marius member
• Voiculescu Dan member
• b) Remuneration committee:
• Fercala Mihai president
• Ionescu Lucian member
• Firu Floriean member

General Manager Eng. Mircea Ion Sperdea