SIF Oltenia S.A.

Pre-Annual General Meeting Information • Apr 22, 2020

No. 3152 / 16.04.2020

To: BUCHAREST STOCK EXCHANGE Fax: 021-307 95 19

FINANCIAL SUPERVISORY AUTHORITY FINANCIAL INSTRUMENTS AND INVESTMENTS SECTOR Fax: 021.659.60.51

CURRENT REPORT

according to F.S.A. Regulation no. 5/2018 on issuers of financial instruments and market operations

Report date: 16.04.2020 Name of the issuer: Societatea de Investiţii Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1 Tufănele Street, postal code 200767 Phone/Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code: RO 4175676 Order number at the Trade Register: J16/1210/30.04.1993 FSA Register Number:PJR07¹AFIAA/160004/15.02.2018 ISIN: ROSIFEACNOR4 LEI Code: 254900VTOOM8GL8TVH59 Depozitory-Custodian: Raiffeisen Bank S.A. Depozitory: Depozitarul Central Bucuresti Share capital subscribed and paid: 58,016,571 lei Regulated market on wich the issued securities are traded on: Bucharest Stock Exchange – Shares, Premium Tier (market symbol SIF5)

Important event to report

Investors information – regarding the participation in the OGSM on 28/29.04.2020

The Board of Administration of SIF OLTENIA SA convened the Ordinary General Meeting of Shareholders for 28/29.04.2020, establishing as a reference date the date of 14.04.2020, according to the current report published on 20.03.2020. The convocation was made in accordance with the provisions of: Law no. 31/1990 R, with subsequent amendments and completions, Law no. 297/2004 regarding the capital market, Law no. 24/2017 regarding issuers of financial instruments and market operations, the applicable FSA regulations of the Articles of Incorporation of SIF Oltenia SA.

Taking into account the Decree of the President of Romania no.195/16.03.2020 establishing the state of emergency on the territory of Romania, the provisions of the military ordinances issued by the Romanian state authorities by which restrictions were imposed in order to manage the situation generated by COVID-19, in particular the suspension of activities carried on in closed spaces, as well as FSA Regulations no. 5/2020, for the OGSM meeting of 28/29.04/2020,

SIF Oltenia SA recommends shareholders the following:

-The shareholders can consult the information regarding the materials related to the items on the agenda of OGSM from 28/29.04.2020, in relation to the procedure regarding the organization and development of OGSM, the voting modalities of the shareholders, including the vote by correspondence, as well as the forms by which the vote can be cast, on the site of

SIF OLTENIA SA, at the address www.sifolt.ro section ,,Investor information/General Meetings/Ordinary General Meeting of Shareholders from April 2020.

-The shareholders can access and consult the information materials for the OGSM in electronic format, available on the internet page of the company public@sifolt.ro, in the section Investor information/General Meetings/Ordinary General Meeting of Shareholders from April 2020 and will avoid the request to obtain them on paper support;

-The communication of shareholders with SIF Oltenia SA to be made mainly by electronic means using the email address aga@sifolt.ro for any documents sent to the company (questions regarding the items on the agenda of OGSM, special or general powers of attorney for representation in OGSM, ballots by correspondence, as well as any other documents sent to the company in connection with OGSM of 28/29.04.2020) avoiding the transmission of the documents by post, courier or personally submitted to the registration office of the company;

-Shareholders can exercise the OGSM vote from 28/29.04.2020, preferably, by email, avoiding their transmission in physical copy by post, courier services or submitting them personally to the registration office of SIF Oltenia SA;

-In case the shareholders opt for the representation vote, the transmission of general powers of attorney or, according to case, of the special powers of attorney, will be realized by email, with the extended electronic signature, according to the OGSM convocation note from 28/29.04.2020, with the avoidance, whether possible, of their transmission by post, courier services or submitting them personally to the registration office of the company;

-For the exercise by the shareholders of the vote by correspondence, on the website of the company public@sifolt.ro in the section Investor information/General Meetings/Ordinary General Meeting of Shareholders from April 2020/Voting procedure, the correspondence ballot forms are available as well as the description of the voting method by electronic means with extended electronic signature, based on a qualified certificate or using the ballot Form completed on the website of SIF OLTENIA based on an allocated key;

Also, if until the date of OGSM from 28/29.04.2020, the state authorities do not explicitly prohibit the holding of general meetings of shareholders with physical presence and there are shareholders who, despite the recommendations, wish to attend in person or by attorney in OGSM, they will communicate their intention to SIF Oltenia SA at the email address public@sifolt.ro with at least 3 working days before the deadline for the transmission of votes/ powers of attorney by correspondence for the meeting, respectively until 21.04.2020, in order to allow the company to take all the organizational measures required in the context generated by COVID-19.

Shareholders who wish to attend physically the meeting anyway, must take into account the legal provisions at the date of OGSM. The participation of the shareholders in the OGSM of 28/29.04.2020 with the violation by them of the legal provisions in force at the time of the event, is exclusively in their responsibility, SIF Oltenia SA warning in this way the shareholders that the participation in events / public meetings held in closed spaces, under the conditions imposed by the state authorities, exposes the participants to a possible contamination with COVID - 19 and the company and/or its management will not be held responsible for any consequence resulting from such actions.

At the same time, we emphasize the fact that SIF Oltenia SA will apply the restrictions in force at the date of OGSM regarding the limitation of the number of participants in the events held in closed spaces or the explicit interdiction to carry on the OGSM with physical presence, according to the case, based on the decisions expressly adopted by authorities until the date of OGSM.

SIF Oltenia will continue to inform shareholders by publishing the information through current reports by means of the market operator as well as on the company website at the address www.sifolt.ro regarding any changes made in order to carry out the OGSM from 28/29.04.2020, following the measures taken by the authorities in the context generated by COVID-19.

There are no other events to report.

Associate Prof. PhD ec. Tudor CIUREZU Chairman / General Manager

ec. Viorica Bălan Compliance officer