Armatura S.A.

M&A Activity • Mar 22, 2024

CURRENT REPORT

According to ASF Regulation no. 5 / 2018 Date of report: 22.03.2024 "ARMĂTURA "S.A. Headquarters: Cluj-Napoca, Str. Gării nr. 19 Phone number: +40 0371 784 884, fax: +40 371 784 881 Serial number at the Trade Registry of the county. Cluj: J12/13/1991 Unique Registration Code: RO 199001

IMPORTANT EVENT TO REPORT:

SC ARMATURA SA informs investors about Erata, the Opinion of the Board of Directors regarding the voluntary takeover public offer formulated by HERZ ARMATUREN Ges.m.b.H, as well as the bidder's strategic plans for the company.

Attached below is Errata.

Board of Directors of the company Through the President STEFAN BOGDAN

1

We, the Board of Directors of the company ARMATURA SA, represented by President Stefan Bogdan, hereby transmit the following

ERRATA TO THE OPINION

Already expressed, concerning the public offer of voluntary takeover formulated by HERZ ARMATUREN Ges.m.b.H. and the Tenderer's strategic plans for the company.

Thus the sentence:

"More precisely, we consider that the offer price was correctly determined by reference to the price resulting from the division of the company's net asset value by the number of outstanding shares, in the context in which this price is higher than the highest price paid by the tenderer in the 12-month period prior to the date of submission of the tender documentation to the FSA (0.0949 lei/share) and the weighted average trading price of the 12-month period prior to the date of submission of the tender documentation to the FSA (RON 0.201247025/share)."

will be rephrased as follows:

"More precisely, we consider that the offer price was correctly determined by reference to the price resulting from the division of the company's net asset value by the number of outstanding shares, in the context in which this price is higher than the highest price paid by the tenderer in the 12-month period prior to the date of submission of the tender documentation to the FSA (to our knowledge this is not the case) and the weighted average trading price of the 12-month period prior to the date of submission of the tender documentation to the FSA (0.0949 lei/share)."

The Board of Directors of the Company Armătura SA, By President Stefan Bogdan