Patria Bank S.A.

Capital/Financing Update • Aug 30, 2019

To: FINANCIAL SUPERVISORY AUTHORITY (FSA) - Financial instruments and investments sector BUCHAREST STOCK EXCHANGE

Ref: Board of Directors Decision ref. Bond issue Report date: 30.08.2019 Name of the issuer: PATRIA BANK SA Headquarters: Bucharest, 42, Pipera Road, Globalworth Plaza Building, Floors 7, 8 and 10 Phone / Fax No: 021 206 39 02 / 0372538725 Unique Registration Code with the Trade Register: RO 11447021 Order number in the Trade Register: J40/9252/2016 Subscribed and paid-in share capital: RON 311,533,057.50 The regulated market where the instruments are traded: Bucharest Stock Exchange

Important events to be reported

The Decision of the Board of Directors of Patria Bank no.338 / 30.08.2019, regarding the approval of the final terms and conditions of the Subordinated Bond Offer issued by Patria Bank, is available below.

General Manager Director, Capital Markets & Investors Relations Division

Daniela Iliescu Razvan Pasol

DECISION NO. 338

of PATRIA BANK Board of Directors dated 30.08.2019

regarding the establishment of the final parameters of the issuance of subordinated Bonds

The Board of Directors, in its meeting dated 30.08.2019, analyzing the document no. 38 / 28.08.2019, submitted by the Capital Markets and Investor Relations Division regarding the setting of the final parameters of the offering of subordinated Bonds

Decides:

Art.1. With reference to the proposal regarding the final parameters of the offering of subordinated Bonds, according to the approval of the Executive Committee through HCD 855 / 29.08.2019, the Board of Directors approves the setting of the final terms and conditions of the Subordinated Bond Offer issued by Patria Bank, as follows:

• Interest rate: Fixed, 6.50% per annum (The EGSM decided that the Bonds will have an interest rate of "no more 6.5 %/per annum");
• Issuance/selling price: equal with the nominal value, EUR 500/Bond;
• Condition for successful closing of the Offer: the placement of at least 6,000 Bonds, i.e. total subscriptions of at least EUR 3,000,000;
• Minimum subscription in the Offer: 50 Bonds;
• Maximum subscription in the Offer: 10,000 Bonds;
• Duration of the Offer: from September 16, 2019 until Octomber 4, 2019, including these dates, with the possibility of early closing;
• Early closing of the Offer: The Offer will be closed in early at the end of the Offer subscription day in which the subscription threshold of 100% of the number of Bonds offered is reached or exceeded. Also, the Offer may be closed early, successfully, at any time, at the Bank's decision, if at least 6,000 Bonds have been validly subscribed in the Offer, with a value of at least EUR 3,000,000;
• Method of allocating the Bonds in case of oversubscription: Pro-rata;
• Method of payment of the principal at maturity: full payment at the final maturity of the Bonds;
• Any other details necessary for investors to subscribe the Bonds will be included in the presentation document prepared by Patria Bank, which will be approved by the Board of Directors.

Board of Directors Member Daniela Iliescu

Legal Division Gina Stefan

Meeting secretary Elena Ariciu