Fondul Proprietatea

Pre-Annual General Meeting Information • Dec 10, 2021

National Storage Mechanism | Additional information

RNS Number : 3404V

Fondul Proprietatea S.A.

10 December 2021

To:          Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

Current report according to Article 99 letter (s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments

Important events to be reported:

Information on the conduct of the General Shareholders Meetings convened for 15 December 2021

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 update shareholders on the conduct of the Fund's Extraordinary ("EGM") and Ordinary ("OGM") General Shareholders' Meetings convened for 15 December 2021.

Considering:

1.   the global pandemic situation and the prevention measures imposed by the Romanian authorities to limit and prevent SARS-CoV-2 coronavirus infection;

2.   the measures imposed by Government Decision no. 1242 / 9 December 2021 on the extension of the alert state on the Romanian territory by 30 days starting with 9 December 2021, according to which it is forbidden to organize and hold private events indoors (art. 1 point 1 of Annex 3);

3.   the opinion of the National Center for Coordination and Management of Intervention according to which the GSM may be considered as a private event and is subject to the provisions which forbid the holding of private events indoors, recommending to postpone the GSM or to hold it online;

4.   the fact that the annual GSM of 28 April 2020, the GSM of 13 November 2020, EGSM of 14 January 2021, the OGSM of 24 March 2021 and the annual GSM of 28 April 2021 took place exclusively based on correspondence voting, the quorum being reached in all cases and the resolutions on the agenda being voted in compliance with the legal provisions,

the Fund Manager notes that it is forbidden to organize and hold private events with physical attendees.

In this context, the Fund Manager recommends shareholders not to attend in person the EGM and OGM and to exercise their voting right via correspondence, according to the convening notice published on 4 November 2021.

If, despite the Fund Manager's recommendation not to attend in person the EGM and OGM and contrary to the prevention and safety measures that require the limitation of travel and physical contact, there will be shareholders who will present themselves at the place described in the convening notice, the Fund Manager notifies the following:

1.   the Fund and the Fund Manager cannot be held responsible for the contamination of any shareholder with the SARS-CoV-2 coronavirus if the shareholder has decided on his own responsibility to travel and attend in person the EGM/OGM;

2.   is recommended to shareholders who wish to attend in person the EGM/OGM to express their intention by e-mail to the address office@fondulproprietatea.ro, sent no later than 14 December 2021, 5:00 PM (Romanian time), providing at the same time a copy of an identity document and a contact telephone number or an e-mail address, so that identity as shareholder can be verified;

3.   the pre-registration aims at the early identification of the shareholders in order to allow them direct access to the hall, avoiding the formation of queues;

4.   the physical presence of shareholders will be strictly limited to the time necessary for exercising the vote, and the voting results will be announced later, being published on the Fund's website;

5.   shareholders who present themselves without prior announcing their intention to attend the meetings and who did not receive confirmation that they can attend in person, may not be allowed to vote, as the limitation of physical contact does not allow their identification on the spot;

6.   the presence of shareholders in the hall is conditioned by the observance of the legal distance and protection measures for the prevention of SARS-CoV-2 virus contamination;

7.   considering the existing restrictions and the limited timeframe, at this EGM/OGM no food or beverages will be served.

At the same time, the Fund Manager will ensure the transmission of the meetings through a videoconference organized on Zoom platform. Shareholders who wish to attend the videoconference are invited to express their intention by e-mail to the address office@fondulproprietatea.ro, sent no later than 14 December 2021, 5:00 PM (Romanian time), providing at the same time a copy of an identity document and a contact telephone number or an e-mail address, so that identity as shareholder can be verified.

However, the Sole Administrator mentions that in the videoconference it will not be possible to exercise the online voting right for the items on the EGM/OGM agenda and strongly encourages shareholders to express their vote via correspondence.

Franklin Templeton International Services S.À R.L., acting as Alternative Investment Fund Manager of FONDUL PROPRIETATEA S.A.

Johan MEYER

Permanent Representative

Report date:

10 December 2021

Name of the issuing entity:

Fondul Proprietatea S.A.

Registered office:

76-80 Buzesti Street

7th floor, district 1,

Bucharest, 011017

Phone/fax number:

Tel.: + 40 21 200 96 00

Fax: +40 31 630 00 48

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 3,334,342,422.84

Paid-up share capital:

RON 3,145,160,000.84

Number of shares in issue:

6,412,196,967

Number of paid shares:

6,048,384,617

Regulated market on which the issued securities are traded:

Shares on Bucharest Stock Exchange

GDRs on London Stock Exchange

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