SIF Oltenia S.A.

Major Shareholding Notification • Dec 21, 2020

Notification of major shareholdings in accordance with the Law no. 24/2017 art.69 par. (1) and F.S.A. Regulation no. 5/2018

- Annex 18 –

Company: ALTUR S.A. Address: Slatina, Olt County, Pitești Street no.114 Tax Identification Number: 1520249 J/28/131/1991 Symbol: ALT Security type: SHARE

1. Reasons for notification:

[] A purchase or assignment of voting rights

[] A purchase or assignment of financial instruments

[] An event changing the distribution of voting rights

[x] Others (holding SIF 5 shares together with a CA member)

3.Details of the person subject to the obligation of notification: Societatea de Investiţii Financiare OLTENIA S.A., CUI RO 4175676, J16/1210/30.04.1993, Craiova, 1 Tufănele Street, Dolj County, LEI Code: 254900VTOOM8GL8TVH59, CRAIOVA, ISIN: ROSIFEACNOR4

1. Full name/designation of the shareholder / shareholders (if different/differents from point 3)

2. Date of dropping under, reaching or exceeding the threshold (vote percentage): 16.12.2020

3. Total positions of the persons subject to the obligation of notification:

	% of the voting rights attached to shares (total of 7.A)	% of the voting rights through the financial instruments (total of 7.B.1 + 7.B.2)	Total of the two expressed in percentage % (7.A + 7.B)	Total number of issuer's voting rights
The resulting situation, on the day it dropped below, exceeded or reached the threshold	34.3319%	-	34.3319%	283,027,964
Position of the previous notification date (if applicable)*

7. Information to be notified with regard to the resulting situation, on the day the threshold was exceeded, dropped under or reached

A: Voting rights attached to the shares

Class/type of shares ISIN code, as the case may be	Number of voting rights		% of the voting rights
	Direct Art. 69 paragraph (1) – (3) of Law no. 24 /2017)	Indirect Art. 70 of Law no. 24/2017)	Direct Art. 69 paragraph (1) – (3) of Law no. 24 /2017)	Indirect Art. 70 of Law no. 24/2017)
ROALTCACNOR1	49,428,571	233,599,393	5.9958%	28.3361%
		SUBTOTAL B.1

B 2: Financial instruments with a similar economic effect in accordance with art. 73 paragraph (1) section (b) Law no. 24/2017

Type of financial instrument	Date of expiry (due date)	Conversion /execution period	Physical or cash settlement	Number of voting rights	% of the voting rights
------------------------------------	------------------------------	------------------------------------	--------------------------------	----------------------------	---------------------------

	SUBTOTAL B.2

1. Information about the person who is subject of the notification obligation

[] The subject person of the notification obligation is not controlled by any natural person or legal entity and he/she does not control any entity (entities) that has (have) an exposure to the issuer of the supporting shares, directly or indirectly.

[X] The full chain of controlled persons through the intermediary of whom voting rights and / or financial instruments are actually held, starting with the ultimate natural person or legal entity that controls them

	% of the voting rights if it is equal to or	% of the voting rights through the financial	Total of the two if it is equal
Name/Designation	higher than the threshold to be	instruments if it is equal to or higher than the	to or higher than the threshold to be notified
	notified	threshold to be notified
Andrici Adrian	27.9836		27.9836
Univers S.A.	0.3525		0.3525

1. In the case of a vote by a representative: [name/designation of the agent] will cease to hold [% and number] of voting rights starting from [date].

2. Additional information:

Drawn up at S.I.F OLTENIA S.A. on 18.12.2020.

Sorin-Iulian Cioacă General Manager

Notification of major shareholdings

A: Identification data for the person subject of the notification obligation:

Full name/designation Societatea de Investiţii Financiare OLTENIA S.A., CUI RO 4175676, J16/1210/30.04.1993, 1 Tufănele Street, LEI Code: 254900VTOOM8GL8TVH59, CRAIOVA, ISIN : ROSIFEACNOR4

Contact address: 1 Tufanele Street

E-mail: public@sifolt.ro

Phone number: TEL: 0251 419.398, FAX: 0251 419.340

Other useful information (at least a contact person for legal entities): Sorin-Iulian Cioacă

B: Identification data for the person performing the notification, if necessary

Full name/designation

Contact address

E-mail

Phone / Fax number

Other useful information (functional relationship with the person or legal entity subject of the obligation of notification)

C: Additional information:

Sorin-Iulian Cioacă

General Manager