SIF Oltenia S.A.

Interim / Quarterly Report • Sep 27, 2019

DECLARATION

in compliance with the provisions of the Law no. 24/2017 regarding the financial instruments issuers and market operations

Hereby we confirm that, to our knowledge, the Interim Consolidated Financial Statements as of 30.06.2019, prepared according to the Rule no. 39/2015 for approval of the Accounting Regulations complying with the International Financial Reporting Standards applicable to the entities authorised, regulated and supervised by the Financial Supervisory Authority from the Instruments and Financial Investment Sector, provide a correct picture complying with the reality of the assets, liabilities, financial position, profit and loss account of the Company and its subsidiaries, and that the report of the Board of Administration presents correctly and completely the information on Company and its subsidiaries.

Associate Professor PhD. Ec. Ciurezu Tudor	Associate Professor PhD. Bușu Cristian	Ec. Sichigea Elena
Chairman/General Manager	Vicepresident/Deputy General Manager	Financial Manager