SIF Oltenia S.A.

Legal Proceedings Report • May 15, 2020

No. 3561 / 15.05.2020

Translation from Romanian into English

To: BUCHAREST STOCK EXCHANGE

Fax no.: 021-307.95.19

FINANCIAL SUPERVISORY AUTHORITY Financial Instruments and Investments Sector Fax no.: 021.659.60.51

CURRENT REPORT

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

Report date: 15.05.2020 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: Investor information - S.I.F. Oltenia S.A. litigation, file no. 2634/63/2020

S.I.F. Oltenia S.A. informs investors that in the file no. 2634/63/2020 before Dolj Court against S.I.F. Oltenia S.A. represented by Vice-Chairman of the Board of Administration, Cristian Busu as plaintiff, as well as the Trade Office Register with Dolj Court as defendant, having as object motion to intervene and reject the application for submission/entry no. 19622/29.04.2020, regarding recording at the Trade Office Register of the Decisions of OGAS ad hoc conducted on the public domain on 28.04.2020, chaired by the Vice-Chairman of the Board of Administration, Mr. Cristian Busu, the court gave first term on 15.06.2020.

There are no other events to report.

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

Compliance Officer ec. Viorica Bălan