SIF Oltenia S.A.

Legal Proceedings Report • Mar 12, 2020

No. 2167 / 12.03.2020

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: 12.03.2020 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 - S.I.F. Oltenia S.A. litigation file no. 1047/54/2019

S.I.F. Oltenia S.A. informs the investors that in the file no. 1047/54/2019, pending before the Court of Appeal Bucharest – Administration and Fiscal Disputes Section, against the Financial Supervisory Authority - as defendant, having as object the annulment of the Decision no. 857/25.06.2019 issued by the Financial Supervisory Authority, the Court admits the exception of inadmissibility of head of claim regarding the annulment of the ASF Decision no. 857/25.06.2019. It rejects this head of claim as inadmissible. It rejects for the rest the action as groundless. With appeal in 15 days from the notification.

There are no other events to report.

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

ec. Viorica Bălan Compliance Officer