SIF Oltenia S.A.

AGM Information • Oct 20, 2021

Translation from Romanian into English

No. 10527 / 20.10.2021

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 FSA Regulation no. 5/2018 and Law no. 24/2017 regarding the issuers and securities transactions

Report date: 20.10.2021 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: PJR09FIAIR/160001/08.06.2021 ISIN: ROSIFEACNOR4 LEI Code: 254900VTOOM8GL8TVH59 Depozitory-Custodian: Raiffeisen Bank S.A. Depozitory: Depozitarul Central Bucuresti Share capital subscribed and paid: 50,000,000 lei Regulated market on wich the issued securities are traded on: Bucharest Stock Exchange – Shares, Premium Tier (market symbol SIF5)

Important event to report: The Resolutions of the Ordinary General Shareholders' Meeting held on 20 October 2021, at first summoning

The Ordinary General Meeting Shareholders' Meeting of Societatea de Investiții Financiare Oltenia S.A., statutory held on 20 October 2021, at its first summoning, according to the published convening notice in the Official Gazette of Romania, Part IV, no. 3796 on 14.09.2021, in national Financiar Newspaper with no. 5757 on 14.09.2021 and Gazeta de Sud Newspaper no. 7809 on 14.09.2021, on the company's website at www.sifolt.ro and on the company's page, on the website of the Bucharest Stock Exchange, in the presence of shareholders holding 190,707,554 valid voting rights, representing 38.142% of the total voting rights and 38.142% of the share capital of the company, at the reference date 08.10.2021, based on Law no. 31/1990 R, as subsequently amended and supplemented and Law no. 24/2017 R, as subsequently amended and supplemented, on FSA regulations in force and its own articles of incorporation, with votes expressed as shown in the meeting's minutes, with the fulfillment of the legal and statutory conditions for the validity of the convocation, according to the issues on the agenda, has adopted the following resolutions:

DECISION no. 1

Is hereby approved the election of the meeting's secretarial team, consisting of 2 members, namely Ms Cimpoeru Ana - Internal Auditor and Mr Nedelcu Ion Eugen, whose identification data are available at the company's headquarters. Mr Nedelcu Ion Eugen will be elected the meeting secretary, who will draw up the meeting's minutes. The proposed persons are shareholders of SIF Oltenia SA.

Votes for 100.000%, votes against 0.000% and abstentions 0.000% of all expressed votes.

DECISION no. 2

Is hereby approved the appointment of notary public Virgil Claudiu Faurar, from the Notary Public Office - SPN Doina Faurar of Craiova, Dolj, for the supervision of the operations incurred by the meeting secretaries, according to art. 129 par. (3) of Law no. 31/1990 R, at the company's expense.

Votes for 100.000%, votes against 0.000% and abstentions 0.000% of all expressed votes.

DECISION no. 3

Is hereby approved the election of the commission to count the votes expressed by the shareholders regarding the issues on the agenda of the Ordinary General Shareholders Meeting, including three members: Ms Negoita Costin Teodora, Ms Balan Viorica and Ms. Talea Mihaela, whose identification data are available at the company's headquarters. The proposed persons are shareholders of SIF Oltenia SA.

Votes for 100.000%, votes against 0.000% and abstentions 0.000% of all expressed votes.

DECISION no. 4

Is hereby approved the appointment of Deloitte Audit SRL as the external financial auditor of S.I.F. Oltenia S.A. for a period of 3 years to audit individual and consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS) for the financial years 2022, 2023, 2024 and mandating the Board of Directors to enter the contract for financial audit services and to establish the conditions for carrying out the audit work, in compliance with all the legal provisions applicable to that activity.

Votes for 99.597%, votes against 0.314 % and abstentions 0.089 % of all expressed votes.

DECISION no. 5

Is hereby approved the revocation of Decision no. 24 of the Ordinary General Shareholder Meeting of the company dated 12.10.2020, as communicated on 13.10.2020 on the company's webpage on the Bucharest Stock Exchange by the current report no. 6152 / 13.10.2020.

Votes for 93.203%, votes against 6.797% and abstentions 0.000% of all expressed votes.

DECISION no. 6

Is hereby approved the accounting records stating that dividends which were not collected for more than three years from the date when they were due, whose actionable rights are terminated by prescription, i.e. the dividends for the 2016 and 2017 financial exercises, recorded as unpaid as of 26.10.2021, will be classified as "reserves" in the 2021 financial exercise.

Votes for 68.015%, votes against 7.823% and abstentions 20.330% of all expressed votes.

DECISION no. 7

Is hereby approved the date of 09.11.2021 as the registration date (ex date 08.11.2021) according to the legal provisions in force, for the determination of shareholders affected by the adopted decisions.

Votes for 99.441%, votes against 0.000% and abstentions 0.000% of all expressed votes.

There are no other events to report.

Sorin - Iulian CIOACĂ President - General Manager

Compliance officer Ec.Viorica Bălan