Sinteza S.A.

Legal Proceedings Report • Sep 10, 2019

CURRENT REPORT ACCORDING TO THE REGULATION A.S.F. 5/2018

• DESTINATION OF THE REPORT: BUCHAREST STOCK EXCHANGE

A.S.F. (NATIONALSECURITIES COMMISSION)

• DATE OF REPORT: September 10 2019
• THE ISSUING COMPANY: SINTEZA S.A.
• SOCIAL HEADQUARTERS: Sos. Borsului nr.35, Oradea county BIHOR
• PHONE: 0259456116; 0259444969, FAX: 0259462224
• UNIQUE REGISTRATION CODE AT THE TRADE REGISTER OFFICE : 67329
• REGISTRATION NUMBER AT THE TRADE REGISTER OFFICE: J / 05/197/1991
• SOCIAL CAPITAL SUBSCRIBED AND PAID-UP : 9916888,50 LEI
• THE REGULATED MARKET FOR TRANSACTION OF THE ISSUED SECURITIES : BVB ( BUCHAREST STOCK EXCHANGE )

IMPORTANT EVENT TO REPORT : Reporting on legal acts acording with art. 82 of the Law no.24/2017

No. Crt.	Entity with wich the Company concluded the legal act	Nature of the act and the conclusion date	Object of the legal act	Total value of the legal act or its estimation	Mutual liabilities of the parties of agreement	Guarantees constituted, penalties stipulated	Payment terms and moders
1	Bank Transilvania SA Cluj Sucursala Oradea	Add no. 15/2755 /12.08.2019 - Ctr n0. 2755/2012	Credit line extension for current activity over a period of 12 months ;	1.050.000 EUR;	-	Guarantees: 1. Mortgage no. 2755 / CES / 01 / 22.02.2012, modified and supplemented by the subsequent additional acts, on the receipts and the balance of the current account and the sub-accounts opened at the Transilvania Bank. 2. Real estate mortgage on the building consisting of production halls, administrative headquarters, warehouses and the related land in the area of 157,004 sqm, the SINTEZA SA property, registered in CF 168836 Oradea, the land under no. Cadastral 168863, and the constructions under no. Cad. 168863-C1, up to	Scadent 14.08.2020

168863- C90.

Interest and penalties:

The annual interest rate is 3% variable. It is composed of the EURIBOR index at 6 months, calculated on 28.06.2019, ie -0.311% to which the Bank's margin of 3.00% is added. The 6-month EURIBOR index calculated on 28.06.2019 is -0.311% but in all cases where the reference index value falls below 0 (zero), for the purpose of calculating the interest, the value taken into account by the Bank is 0 (zero). The annual interest rate will be updated Quarterly on the first working day of the calendar quarter with the official level of the EURIBOR index at 6 months calculated on the last working day of the previous calendar quarter.

The date of payment of the interest, the last day of each month and at the maturity of the loan, the period of calculation of the interest 360 days.

Penalty interest

10% / year, represents the percentage of interest identified above that applies to any amount due to the bank and not reimbursed at maturity starting with the maturity date and until the

	actual payment date.

Cosmin Turcu Doina Ujupan

General Manager , Financial Manager ,