Carbochim S.A. — AGM Information 2016

Apr 29, 2016

In attention of: AUTORITATEA DE SUPRAVEGHERE FINANCIARA FINANCIAL SUPERVISORY AUTHORITY Fax: 021 326 68 48; 021 326 68 49

BURSA DE VALORI BUCURESTI BUCHAREST STOCK EXCHANGE Fax: 021 312 47 22; 021 317 99 23; 021 307 95 19

CURRENT REPORT

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$\mathcal{L}$ with

Pursuant CNVM Rule no. 1/2006 upons issuers and securities transactions and Law no. 297/2004 upon the capital market

Date of report: 27th of April 2016 Denomination of the issuing Company: CARBOCHIM S.A. CLUJ Registered office: P-ta. 1 Mai nr.3, CLUJ-NAPOCA Ph. 0264 437 005; Fax: 0264 437 026 Sole taxation code: 201535, VAT: RO Number assigned by Cluj Trade Register: J12/123/1991; Subscribed and paid up capital: 12,325,437.5 lei The regulated market on which are traded the issued securities: BVB Bucuresti Shares (market symbol: CBC)

Important events to be notified:

The Ordinary and Extraordinary General Shareholders Meeting took place on 27^th of April 2016 at company's registered place in P-ta. 1 Mai nr. 3 upon first notice of meeting, as registered in Minutes number 1, attending the shareholders representing 63.90% of the social capital, namely a number of 3,150,571 voting rights, 88.69% of the total of 3,551,945 remaining voting rights after the suspension agreed in Resolution number 10/23^rd of April 2016 of the Board of Directors, of the voting rights corresponding to a number of 1,378,230 shares, pursuant article 70 of CNVM Regulation 1/2006 and of article 203 of Law 297/2004,

The attending shareholders debated and agreed within the Shareholders $\overline{1}$ . Ordinary General Meeting as follows:

1. The annual financial situations are approved as concluded on $31^st$ of December 2015 (drawn up according to the International Standards of Financial Reporting adopted by the European Union and OMFP no. 1286/2012 for the approval of the Accounting Regulations in accordance with the International Standards of Financial Reporting, applicable to the trade companies whose securities are admitted for transaction on a regulated market, with the subsequent changes and supplements), based on the submitted reports by the Board of Directors and the financial auditor, the indicators being as follows:

Turnover	31,807,845 lei
Net result of the exercise	2.728.565 lei
Total assets	79.228.952 lei
Own capitals	66.006.956 lei
Debts	13.221.996 lei

100% pro vote

• 1. The management report of the Board of Directors is approved for 2015 and the discharge from administration of the directors for the financial exercise of 2015, the vote being of 100% pro for those having voting right. The directors were not voting.
• 1. The net profit in amount of 2,728,565.45 Lei distribution is approved as 2015 financial exercise result as follows:
• legal reserves: 73,673.51 Lei
• dividends: 1,972,070 Lei (gross dividend 0.40 Lei/share)
• non-distributed profit (carried forward): 682,821.94 Lei

100% pro vote

The date of $6^th$ of June 2016 is approved as the date of dividend payment, the vote being of 100% pro.

Turnover	32,761,000 lei
Total income	33,954,000 lei
Total expenditure	32,680,960 lei
Gross result	1,273,040 lei

$\Lambda$ Income and Expenditure Budget for 2016 is approved with the following indicators:

100% pro vote

1. The investments program for 2016 is approved in total amount of 6,151,500 Lei, as the vote was 100% pro.

2. The date of $17^th$ of May 2016 is approved as date for shareholders' identification as those upon who the effects of Shareholders Ordinary General Meeting shall apply pursuant article 238 of Law 297/2004 upon capital market and approving the date of 16^th of May 2016 as former date, as the vote was 100% pro.

3. Mr. Popoviciu Viorel - Dorin empowering is approved as to write and sign the adopted resolutions and empowering Mrs. Cs. jr. Herteg Editha to do the necessary actions as to record the resolutions with the Trade Register and to publish them in the Official Gazette of Romania, as the vote was 100% pro.

The shareholders attending the Shareholders Extraordinary General Meeting II. have debated and approved:

1. The trade strategy for 2016 is approved, as the vote was 100% pro.

2. The lines of credit in amount of 3,400,000 RON and 370,000 Euros is approved or contracting of another lines of credit within the limit of 5,000,000 Lei and guaranteeing them with mortgages upon company's assets, as the vote was 100% pro.

The Board of Directors is approved as to the authorized institution to settle the actual conditions of extending the line of credit or to contract other lines of credit within the approved limit, as the vote was 100% pro.

• 1. The supplementation of article 6. Object of activity of the Company Act is approved with the following CNAE codes:
• 4690 Non-specialized wholesale trade
• 4675 Wholesale of chemical products

The vote was 100% pro.

• 1. The date of 17^th of May 2016 is approved as date for shareholders' identification as those upon who the effects of Shareholders Ordinary General Meeting shall apply pursuant article 238 of Law 297/2004 upon capital market and approving the date of 16^th of May 2016 as former date, as the vote was 100% pro.
• 1. Mr. Popoviciu Viorel Dorin empowering is approved as to write and sign the adopted resolutions and empowering Mrs. Cs. jr. Herteg Editha to do the necessary actions as to record the resolutions with the Trade Register and to publish them in the Official Gazette of Romania, as the vote was 100% pro.

PRESIDENT OF THE BOARD OF DIRECTORS, MANAGING DIRECTOR, POPOVICIU VIOREL, Engineer