Comelf S.A. — Board/Management Information 2017

Oct 30, 2017

Current Report In accordance with Law 24/2017 and the Regulation of the National Commission for Transferable Securities no. 1/2006

Issued on: 30.10.2017 Company Name: COMELF SA Head Office Address: no. 4, Industriei str., Bistrita Telephone / fax number: +40-263/234462 ; +40-263/238092 Tax Identification no.: 568656 Registry of Commerce no.: J06/02/1991 Subscribed and paid-up share capital: 13.579.505 lei Regulated Market on which the securities issued are transacted: Bucharest Stock Exchange (BVB).

Critical Events to be reported: Appointment of a new General Manager

COMELF S.A. hereby notifies its shareholders and investors that as of October 25th, 2017, Mr. Stoian Dorin Radu has willingly stepped down and no longer acts as General Manager on behalf of our Company. Therefore, the Managing Board, according to its powers awarded to it by the Company's Articles of Incorporation, i.e. art.13, letter c), has approved the appointment of Mr. Cenușă Gheorghe as General Manager of COMELF S.A., for an indefinite period. Such appointment has entered into force on October 25th, 2017.

Chairman of the Managing Board, eng. SAVU CONSTANTIN