Fondul Proprietatea

Pre-Annual General Meeting Information • Oct 14, 2020

National Storage Mechanism | Additional information

RNS Number : 1114C

Fondul Proprietatea S.A.

14 October 2020

To:           Bucharest Stock Exchange                 Financial Supervisory Authority                 London Stock Exchange Current report according to the provisions of Article 99 letter (s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments Important events to be reported: Voting recommendations and supporting materials related to the 13 November 2020 shareholders' meetings Franklin Templeton International Services S.À R.L., in its capacity as alternative investment fund manager and sole director (the "Fund Manager") of Fondul Proprietatea S.A. (the "Fund"), would like to remind shareholders that the Fund Manager has summoned the Fund's Extraordinary ("EGM") and Ordinary ("OGM") General Shareholders' Meetings for 13 November 2020 at "ATHÉNÉE PALACE HILTON BUCHAREST" Hotel, Le Diplomate Salon, 1-3 Episcopiei Street, Sector 1, Bucharest, 010292, Romania, starting at 11 AM (Romanian time) for EGM, and 12 PM (Romanian time) for the OGM. The entire EGM and OGM supporting documentation is available for the shareholders' reference at  https://www.fondulproprietatea.ro/home/investor-relations/gsm-information/gsm-documentation/2020.html. In the context of the COVID-19 pandemic, for the safety of our shareholders and for prudency reasons, the Fund Manager recommends voting by correspondence, in accordance with the procedures described in the convening notice. The Fund Manager recommends voting in favour of all the points on the EGM's and OGM's agenda, except for point 2 of the OGM agenda (i.e. "The appointment of two members in the Board of Nominees of Fondul Proprietatea S.A."), for which the Fund Manager refrains from making any recommendation, as the candidates are nominated and decided by the shareholders. The Fund Manager's voting recommendations contained herein are not binding in any way and should not be deemed under any circumstances as a supporting documentation/argument for substantiating one's vote. The Fund Manager will implement and will comply with all the decisions taken by the Fund's shareholders, irrespective of its recommendations herein, subject to compliance with law and regulation. Regarding the impact of the COVID-19 pandemic on holding the EGM and OGM, the Fund Manager will immediately inform the Fund's shareholders by means of a current report as soon as the Romanian authorities will announce the conditions for organizing private events in closed spaces applicable on the date of the EGM and OGM. Franklin Templeton Investment Management Ltd. United Kingdom Bucharest Branch acting as Investment Manager of FONDUL PROPRIETATEA S.A. Johan MEYER Legal Representative

Report date: 14 October 2020 Name of the issuing entity: Fondul Proprietatea S.A. Registered office: 78-80 Buzesti Street 7th 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 3,749,282,292.08 Paid-up share capital: RON 3,560,099,870.08 Number of shares in issue: 7,210,158,254 Number of paid shares: 6,846,345,904 Regulated market on which the issued securities are traded: Shares on Bucharest Stock Exchange   GDRs on London Stock Exchange

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