SIF Banat Crisana S.A.

M&A Activity • Sep 8, 2021

ADDRESS CALEA VICTORIEI 35A ARAD 310158 ROMANIA • TEL +40257 304 438 • FAX +40257 250 165 • EMAIL SIFBC@SIF1.RO • INTERNET WWW.SIF1.RO

CURRENT REPORT

according to Regulation no. 5/2018 and Law no. 24/2017 on issuers of financial instruments and market operations

Report date: September 8, 2021

Issuer Societatea de Investiții Financiare Banat-Crișana SA (SIF Banat-Crișana) | Registered office 35A Calea Victoriei, Arad 310158, Romania | Phone +40257 304 438 | Fax +40257 250 165 | Webpage www.sif1.ro | Email sifbc@sif1.ro| Tax Identification Code RO2761040 | Trade Register Number J02 / 1898 / 02.09.1992 | Number In ASF AFIAA Register PJR07.1AFIAA / 020007 / 09.03.2018 Number In ASF FIAIR Register PJR09FIAIR / 020004 / 01.07.2021 | Legal Entity Identifier (LEI) 254900GAQ2XT8DPA7274 | Subscribed and paid-up share capital RON 51,542,236.30 | Regulated market on which the issued securities are traded: Bucharest Stock Exchange (BVB) Premium category (symbol: SIF1)

Important event to be reported:

Filing the Public Tender Offer Document for SIF1 shares

By Resolutions no. 3 and 4 of April 27, 2020, the Extraordinary General Meeting of SIF Banat-Crișana Shareholders (EGMS) approved the execution of two buyback programs:

(i) Program 1 for the buyback of 15,000,000 shares, to reduce the Company's share capital, (ii) Program 2 for the buyback of 880,000 shares, for their distribution free of charge to members of company's management.

By Resolution no. 3 of November 2, 2020, the Extraordinary General Meeting of Shareholders approved the execution of a buyback program (Program 3) for the repurchase of 15,000,000 shares, to reduce the Company's share capital.

SIF Banat-Crișana informs the shareholders and investors that, to implement the EGMS Resolutions no. 3 and 4 of April 27, 2020, and no. 3 of November 2, 2020, today the Company filed at the Financial Supervisory Authority the Public Tender Offer Document in respect of the shares issued by SIF Banat-Crișana, together with the related documentation. SSIF SWISS CAPITAL S.A. was appointed as intermediary for the Public Tender Offer in respect of the shares issued by SIF Banat-Crișana.

SIF Banat-Crișana will duly inform the investors on the complete details of the Offer, including the price and the period of the Public Offer, following their authorization by the Financial Supervisory Authority.

Chairman and CEO Bogdan-Alexandru DRĂGOI

Compliance Officer, Eugen Cristea