SIF Oltenia S.A.

Major Shareholding Notification • Aug 30, 2019

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: T.M.K. ARTROM S.A. SLATINA Address:Drăgănești street no.30, Slatina, Olt County Tax Identification Number: 1510210 J28/9/1991

Symbol: ART

Security type: SHARE

1. Reasons for notification:

[] A purchase or assignment of voting rights

[X] A purchase or assignment of financial instruments

[] An event changing the distribution of voting rights

[] Others (please specify)

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

2. Date of dropping under, reaching or exceeding the threshold (vote percentage): 29.08.2019

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	0	-	0	0
Position of the previous notification date (if applicable)	5.7436	-	5.7436	6,672,352

1. 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)
ROARTFACNOR1	0	-	0	-
SUBTOTAL A

B 1: Financial instruments according to art. 73 paragraph (1) section (a) of Law no. 24 /2017

Type of financial instrument	Date of expiry (due date)	Conversion /execution period	The number rights that can be acquired if the instrument is executed / converted	% of the voting rights
		SUBTOTAL B.1
9. 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].

1. Additional information:

Drawn up at S.I.F OLTENIA S.A. on 30.08.2019

Associate Prof. PhD ec. Tudor Ciurezu Chairman / 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): CALIȚOIU ELENA

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:

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