Fondul Proprietatea

Director's Dealing • May 18, 2021

To: Bucharest Stock Exchange Financial Supervisory Authority London Stock Exchange

Current report according to the provisions of Article 17 and Article 19 para. (8) of the REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 201 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC

Important events to be reported:

Transaction of the kind listed in Art. 19 of Market Abuse Regulation

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"/ "Issuer"), hereby informs shareholders and investors that Mr. Ciprian Lăduncă, member of the Board of Nominees and Chairperson of the Audit and Valuation Committee of the Fund, purchased shares of the Issuer, as described in the Appendix herein.

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: 18 May 2021

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

Appendix

No.	Name and surname	Date of the transaction and settlement date (dd/mm/yyyy)	Type and object of the transaction	Price / financial instrument	Transaction value (RON)	Quantity (number of financial instruments)	Financial Market
1.	Ciprian Lăduncă	17.05.2021 and 19.05.2021	Purchase of shares	1.8140 / share	19,894.14	10,967	Bucharest Stock Exchange
2.	Ciprian Lăduncă	17.05.2021 and 19.05.2021	Purchase of shares	1.8140 / share	125,225.86	69,033	Bucharest Stock Exchange