SIF Oltenia S.A.

Legal Proceedings Report • Jun 10, 2020

No. 4023 /10.06.2020

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 law no. 24/2017 and F.S.A. Regulation no. 5/2018 on issuers of financial instruments and market operations

Report date: 10.06.2020 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.3608/63/2019

S.I.F. Oltenia S.A. informs invesors that in the file no. 3608/63/2019 pending before Dolj Court, against SSIF VOLTINVEST S.A. and Ungureanu Liviu as complainants, S.I.F. Banat-Crișana S.A. and S.I.F. Muntenia S.A. as interveners, having as object action in annulment of the S.I.F. OLTENIA EGSM Decisions on 09.05.2019, the court admits the exception of lack of locus standi of applicant Ungureanu Liviu. It rejects the application for summon filed by applicant Ungureanu Liviu regarding SIF OLTENIA SA EGSM decisions no. 1, 2, 3, 5, 6, 7, 9 and 10 on 09.05.2019 as being formulated by a person without locus standi. It admits the exception of lack of locus standi of applicant SSIF VOLTINVEST SA. It rejects the application for summon filed by applicant SSIF VOLTINVEST SA regarding SIF OLTENIA SA EGSM decisions no. 1, 2, 3, 5, 6, 7, 9 and 10 on 09.05.2019 as being formulated by a person without locus standi. It rejects the applications for summon filed by Ungureanu Liviu regarding SIF OLTENIA SA EGSM decisions no. 4 and 8 on 09.05.2019 and SSIF VOLTINVEST SA regarding SIF OLTENIA SA EGSM

decisions no.4,6,7 and 8 on 09.05.2019. It admits applications for ancillary intervention filed by SIF BANAT CRIŞANA SA and SIF MUNTENIA SA in favour of respondent SIF OLTENIA SA. With appeal in 30 days as from notification.

The execution of the EGMS Decisions of SIF OLTENIA S.A. on 09.05.2019 is suspended until the final settlement of the case, according to the Civil Sentence no. 663/14.08.2019, pronounced in the file no. 3609/63/2019- Dolj Court.

There are no other events to report.

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

Compliance Officer ec. Viorica Bălan