SIF Oltenia S.A.

Quarterly Report • May 15, 2024

QUARTERLY REPORT as of 31.03.2024

according to the A.S.F. Regulation no. 5/2018 and Law no. 24/2017 - Republished

In the first 3 months of 2024, the net asset of Infinity Capital Investments S.A. continued the upward trend, registering the historical maximum of the last 10 years, namely the value of 3,166,210,216 lei. This corresponds to a net asset unit value of 6.6670 lei/share.

As of 31.03.2024, the company's assets - evaluated in accordance with the provisions of the A.S.F. Regulation no. 7/2020 - registered a market value of 3,410,934,503 lei, increasing by 13.67% compared to the value recorded as of 31.12.2023 (3,000,661,604 lei).

In the portfolio of Infinity Capital Investments S.A., as of 31.03.2024, there are participations in the share capital of a number as of 33 issuers (34 issuers on 31.12.2023),

The financial assets evaluated at fair value through other elements of the global result as of 31.03.2024 appreciated by 12.72% compared to 31.12.2023, this increase being influenced, mainly, by the evolution of the capital market.

The main income of the company as of 31.03.2024 is the income received from dividends in the total amount of 26,176,818 lei.

The total expenses of the Company as of 31.03.2024 (4,085,668 lei) are increasing by 12.14% compared to the similar period last year (3,643,482 lei) as a result of the increase in operational expenses.

As of 31.03.2024, the Company recorded a net profit of 21,730,331 lei compared to a loss of 3,256,413 lei in the similar period of the previous year.

	31.03.2024	31.03.2023
Total income	27,916,163	414.971
Total expenses	4,085,668	3,643,482
Profit before tax	23,830,495	(3,228,511)
Profit tax	2,100,164	27,902
Net profit of the reporting period	21,730,331	(3,256,413)

The main economic and financial results on 31.03.2024:

The simplified interim individual financial statements as of 31.03.2024 are drawn up in accordance with Norm no. 39/2015 for the approval of the Accounting Regulations compliant with the International Financial Reporting Standards, applicable to entities authorized, regulated and supervised by the Financial Supervisory Authority in the Financial Instruments and Investments Sector, as well as the Investor Compensation Fund, with subsequent amendments and additions.

We note that the individual interim simplified financial statements as of 31.03.2024 are not audited by the company's external financial auditor.

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