SIF Oltenia S.A.

Legal Proceedings Report • Dec 16, 2019

No. 10487 / 16.12.2019

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: 16.12.2019 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 - SIF OLTENIA SA Litigation file no. 4883/2/2019

S.I.F. Oltenia S.A. informs the investors that in the file no. 4883/2/2019, pending before the Bucharest Court of Appeal, against the Financial Supervisory Authority, S.I.F. Banat-Crișana -intervener, having as object action for annulment of the Decision no. 937/18.07.2019 issued by the Financial Supervisory Authority on 13.12.2019, the court rejected the request for cancellation and suspension as unfounded and admitted the accessory intervention made by S.I.F. Banat-Crișana S.A. With appeal within 15 days as from communication.

There are no other events to report.

Associate Prof. PhD. Cristian BUȘU Vice Chairman / Deputy General Manager

Compliance Officer ec. Viorica Bălan