Santierul Naval Orsova S.A.

AGM Information • Aug 14, 2020

ŞANTIERUL NAVAL ORŞOVA S.A. Nr. RC J25/150/1991 CIF: RO 1614734 Capital social: - subscris 28.557.297,5 lei - varsat 28.557.297,5 lei Str. Tufări, nr. 4, Orşova, 225200, Mehedinţi Tel.: 0252/362.399; 0252/361.885; Fax: 0252/360.648 E-mail: mircea.sperdea@snorsova.ro; marketing@snorsova.ro Codul LEI (Legal Entity Identifier): 254900UXAJ8TPIKLXG79 Cod IBAN: RO96RNCB0181022634120001- B.C.R. Orşova Cod IBAN: RO59BRDE260SV03176142600- B.R.D. Orşova

TO :

THE STOCK EXCHANGE BUCHAREST – Department of Operations Issuers of Regulated Markets FINANCIAL MONITORING AUTHORITY – Department of Financial Instruments and Investments

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CURRENT REPORT

ACCORDING TO THE LAW NO. 24/2017 AND TO THE ASF REGULATION NO. 5/2018 Concerning the issuers of financial instruments and market operations

Report date: 14.08.2020

- Name of the trading company: ŞANTIERUL NAVAL ORŞOVA S.A.;

- Registered office: 4, TUFĂRI Street, ORŞOVA, MEHEDINŢI County;

- Telephone/fax:0252/362399 0252/360648;

- Single registration code issued by the Trade Register: RO 1614734;

- Registered number with the Trade Register's Office: J25/150/03.04.1991;

- Code Lei: 254900UXAJ8TPIKLXG79

- Subscribed and paid in share capital: 28,557,297.5 Lei

- Number of shares: 11.422.919 common shares, of 2,5 lei each;

- Regulated market where the issued securities are traded: Bucharest Stock Exchange-category Standard (symbol: SNO)

IMPORTANT EVENT TO REPORT: DECISION OF THE BOARD OF DIRECTORS REGARDING THE REQUEST OF THE SHAREHOLDER SIF TRANSILVANIA TO CONVENE THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS AND THE ORDINARY GENERAL MEETING OF SHAREHOLDERS

The company Șantierul Naval Orșova S.A. informs investors and all interested parties, in addition to the current report of July 30, 2020, the following: The Board of Directors of Santierul Naval Orsova, which had a meeting on August 13, 2020, analyzed the request of the Shareholder SIF "Transilvania" SA to convene of an Extraordinary and Ordinary General Meeting of the Company's Shareholders, according to the address no. 4967 / 29.07.2020. Analyzing the documentation, the Board of Directors decided not to proceed with the request to convene the General Meeting of Shareholders because the request for convening was not attached to the documentation showing that the signatories of the application are the legal representatives of the shareholder, respectively did not submit an extract at the Trade Register Office of Brasov from which it should result that they are registered as legal representatives of the company.

If a new request for convening will be made in accordance with the legal provisions and with the proof of the legal representation of the shareholder, the Board of Directors will immediately convene the General Meeting of Shareholders.

There are no other events to report.

Eng. Mircea Ion Sperdea