Fondul Proprietatea

Report Publication Announcement • Dec 12, 2019

To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange

According to Article 247 of FSA Regulation no. 5/2018 on issuers of financial instruments and market operations and Chapter VI, Section 2, Article 92 of the Bucharest Stock Exchange Rulebook Market Operator

Important events to be reported:

2020 Financial calendar for Fondul Proprietatea SA

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch, in its capacity as Investment Manager of Fondul Proprietatea SA, hereby, publishes the financial calendar for 2020 for Fondul Proprietatea SA.

EVENT	DEADLINE
Publication of 2019 Preliminary Annual Financial Results	28 February 2020
2019 Preliminary Annual Results Conference Call	28 February 2020
2020 Annual General Shareholders Meeting ("GSM")	28 April 2020
Filing of the Annual Report as at 31 December 2019 with the	29 April 2020
Financial Supervisory Authority ("FSA") and the Bucharest
Stock Exchange (in Romanian "Bursa de Valori Bucuresti" /
BVB")
Filing of the Quarterly Report for the first quarter 2020 (1	15 May 2020
January - 31 March 2020) ("Q1 2020") with the FSA and BVB
Q1 2020 Results Conference Call	15 May 2020
Filing of 2020 Semi-Annual Report (1 January - 30 June	31 August 2020
2020) ("H1 2020") with the FSA and BVB
H1 2020 Results Conference Call	31 August 2020
Filing of Quarterly Report for the third quarter 2020 (1 July -	16 November 2020
30 September 2020) ("Q3 2020") with the FSA and BVB
Q3 2020 Results Conference Call	16 November 2020

If, within the financial calendar, any of the dates mentioned in the above calendar changes, the new proposed dates will be publicly disclosed before the initially set date and before the commencement of a closed period relating to that report, determined both according to the calendar dates already published and, as the case may be, according to the new changes in the calendar dates.

Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A.

Johan MEYER Legal Representative Report date:

12 December 2019 Name of the issuing entity: Fondul Proprietatea S.A. Registered office: 78-80 Buzesti Street 7 th floor, district 1, Bucharest, 011017 Phone/fax number: Tel.: + 40 21 200 9600 Fax: + 40 21 200 9631 Email: office@fondulproprietatea.ro Internet: www.fondulproprietatea.ro Sole Registration Code with the Trade Register Office: 18253260 Order number in the Trade Register: J40/21901/2005 Subscribed share capital: RON 3,959,264,762.44 Paid-up share capital: RON 3,770,082,340.44 Number of shares in issue: 7,613,970,697 Number of paid shares: 7,250,158,347 Regulated market on which the issued securities are traded: Shares on Bucharest Stock Exchange GDRs on London Stock Exchange