SIF Oltenia S.A.

Pre-Annual General Meeting Information • May 30, 2017

Societatea de Investiții Financiare OLTENIA S.A.

200767 Craiova, str. Tufănele nr.1 E-mail: public@sifolt.ro, www.sifolt.ro tel.: 0251 419.397, 419.398, 419.338, 419.347 fax: 0251 419.340

Nr. Registru C.N.V.M.: PJR09SIIR / 160003 / 14.02.2006 Cod Unic Inregistrare: 4175676. Atribut fiscal: R Nr. Reg Com.: J16 / 1210 / 30.04.1993 Capital social: 58.016.571 LEI

No. 3343/30.05.2017

Translation from Romanian into English

FINANCIAL SUPERVISORY AUTHORITY To: Financial Instruments and Investment Sector Fax no: 021.659.60.51

BUCHAREST STOCK EXCHANGE Fax no: 021-307.95.19

CURRENT REPORT

according to the R.N.S.C. (C.N.V.M.) Regulation no. 1/2006 regarding the issuers and the securities transactions

Report date: 30.05.2017 Name of the issuer: Societatea de Investiții Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1, Tufănele St., zip code 200767 Phone /Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code (CIF): RO 4175676 Trade Register Number: J16/1210/30.04.1993 R.N.S.C. (C.N.V.M.) Register Number: PJR09SIIR/160003/14.02.2006 Share capital subscribed and paid: 58,016,571 RON Regulated market on which the issued securities are traded on: Bucharest Stock Exchange - Shares, Premium Tier, (market symbol SIF5)

Important event to report:

Investor Information – shareholders request for convocation of SIF Oltenia SA OGSM

SIF Oltenia SA informs that the company has registered as no.3320/30.05.2017 the request submitted by a group of shareholders, namely BUSINESS CAPITAL FOR ROMANIA-OPPORTUNITY FUND COÖPERATIEF U.A., ROMANIAN EQUITY PARTNERS COOPERATIEF U.A. and BROADHURST INVESTMENTS LIMITED, which together hold shares representing over 5% of the SIF Oltenia SA share capital, requesting the convocation of the Ordinary General Shareholder Meeting of SIF Oltenia SA, with the following agenda:

"I. Approval of allocation by destinations of the net profit achieved by the Company related to the financial exercise ended on 31.12.2016, amounting to 101.271.376,81 RON, as follows:

a) approval of dividend distribution in gross amount of 0,1571 RON/share, representing 90% of the net profit achieved by the Company in the financial exercise ended on 31.12.2016, the amount of 91.144.239,13 RON respectively:

b) approval of establishment as own development sources of the amount of 10.127.137,68 RON, representing 10% of the net profit achieved by the Company in the financial exercise ended on 31.12.2016.

1. Setting the date 01.09.2017 as dividend payment date.

2. Setting the registration date and ex-date.

3. Empowerment of the Chairman of the Company's Administration Board, with the right of substitution, to perform in the name and on behalf of the Company and its shareholders, all the formalities necessary to fulfil the decisions adopted by the shareholders by this Company's Ordinary General Shareholder Meeting, including without limitation, the fulfilment of the formalities of advertising, enforceability and registration of the decisions with the Trade Register Office, ASF, BVB, as well as any other relevant authorities and natural and legal persons."

The competence of settlement of the request concerned belongs to the SIF Oltenia SA Board of Administration.

Since the documentation necessary for the approval of the management structure (Board of Administration and Senior Management) is currently under ASF analysis, the company's Board of Administration cannot accommodate shareholders request at present.

We inform the shareholders that the request for convocation of the OGSM will be raised as a priority as soon as the persons elected in the capacity of members of the SIF Oltenia SA Board of Administration will be authorised by the ASF being able to perform their duties related to these positions legally, statutory and complying with the decisions of the OGSM on 04.04.2017.

There are no other events to report.

On behalf of the General Manager ec. Elena SICHIGEA

ec. Viorica BALAN Internal Control/Compliance