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MedLife S.A.

Related Party Transaction • Sep 15, 2022

2292_rns_2022-09-15_63dc49b0-28a8-4fdb-85b4-f30f99158c0b.pdf

Related Party Transaction

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No. 47 / 15 September 2022

To: BUCHAREST STOCK EXCHANGE FINANCIAL SUPERVISORY AUTHORITY

CURRENT REPORT

drafted according to the stipulations of ASF Rule no. 5/2018 regarding issuers of financial instruments and market operations and Law no. 24/2017 on issuers of financial instruments and market operations

Report Date: 15 September 2022

Name of the issuing company: MED LIFE S.A. ("MedLife" or "The Company")

Registered Office: Bucharest, Calea Grivitei, no. 365, district 1, Romania

Fax number: 0374 180 470

Unique Registration Code at the National Office of Trade Registry: 8422035

Order number on the Trade Registry: J40/3709/1996

Subscribed and paid-in share capital: 33,217,623 RON

Regulated market on which the issued securities are traded: Bucharest Stock Exchange, Premium Category

Significant events to report:

Report on transactions with related parties according to art. 108 of Law no. 24/2017, republished

In the period January – July 2022, according to the last closed trial balance, MedLife SA has concluded / executed transactions with related parties that exceed, cumulatively, 5% of the company's net assets according to the latest published standalone financial reports of MedLife SA (for First Half of 2022) amounting RON 13,782,942, as follows:

  • transactions of MedLife SA with Bahtco Invest SA in total amount of RON 14,935,789.

The transactions concluded / executed between January and July 2022, as well as the outstanding mutual debt are presented in Annex 1.

Mihail Marcu Chief Executive Officer

Registered Office: Bucharest, Calea Grivitei, no. 365, district 1, Romania Unique Registration Code at the National Office of Trade Registry: 8422035 Order number on the Trade Registry: J40/3709/1996 Subscribed and paid-in share capital: 33,217,623 RON

Annex 1

Contracting parties Contract Identification Addendum Information Main contractual information
No. Beneficiary Provider Contract
No.		 Contract
Date		 Addendum
No.		 Addendum
Date		 Scope Guarantees
provided		 Payment
Term		 Payment
method		 Penalties Month
and
year		 Transa
ctions		 Mutual liabilities as at 31 July
2022 (RON)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
1 Med Life SA Bahtco
Invest SA		 - 01.06.2011 - - Acquisition
of materials		 - 90 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Jan.22 996,144
2 Med Life SA Bahtco
Invest SA		 - 27.05.2011 1 01.01.2017 Rent - 30 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Jan.22 427,021
3 Med Life SA Bahtco
Invest SA		 Re
invoicing
agreeme
nt no 1		 03.01.2021 - - Maintenance
charges -
re
invoicing		 - - - - Jan.22 28,023
4 Bahtco
Invest SA		 Med Life
SA		 2 07.10.2011 1 02.04.2021 Interest for
the amount
due to
MedLife SA		 - - Payment
order		 - Jan.22 22,254
5 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (EUR)		 - - Payment
order		 - Jan.22 19,246
6 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (RON)		 - - Payment
order		 - Jan.22 71,783
7 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Reimbursem
ent for loan
(RON)		 - - Payment
order		 - Jan.22 1,168,500
Contracting parties Contract Identification Addendum Information
No. Beneficiary Provider Contract
No.		 Contract
Date		 Addendum
No.		 Addendum
Date		 Scope Guarantees
provided		 Payment
Term		 Payment
method		 Penalties Month
and
year		 Transa
ctions		 Mutual liabilities as at 31 July
2022 (RON)
8 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Withdrawals
for loan
(RON)		 - - Payment
order		 - Jan.22 1,450,000
9 Med Life SA Bahtco
Invest SA		 - 01.06.2011 - - Acquisition
of materials		 - 90 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Feb.22 965,296
10 Med Life SA Bahtco
Invest SA		 - 27.05.2011 1 01.01.2017 Rent - 30 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Feb.22 427,202
11 Med Life SA Bahtco
Invest SA		 Re
invoicing
agreeme
nt no 1		 03.01.2021 - - Maintenance
charges -
re
invoicing		 - - - - Feb.22 28,017
12 Bahtco
Invest SA		 Med Life
SA		 2 07.10.2011 1 02.04.2021 Interest for
the amount
due to
MedLife SA		 - - Payment
order		 - Feb.22 20,106
13 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (EUR)		 - - Payment
order		 - Feb.22 17,387
14 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (RON)		 - - Payment
order		 - Feb.22 65,893
15 Med Life SA Bahtco
Invest SA		 - 01.06.2011 - - Acquisition
of materials		 - 90 days
from the
date when		 Payment
order		 Daily
penalties
in
amount		 Mar.2
2		 1,056,568

Contracting parties Contract Identification Addendum Information
No. Beneficiary Provider Contract
No.		 Contract
Date		 Addendum
No.		 Addendum
Date		 Scope Guarantees
provided		 Payment
Term		 Payment
method		 Penalties Month
and
year		 Transa
ctions		 Mutual liabilities as at 31 July
2022 (RON)
the invoice
was issued		 of
0.01%
from
outstand
ing
balance
16 Med Life SA Bahtco
Invest SA		 - 27.05.2011 1 01.01.2017 Rent - 30 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Mar.2
2		 427,003
17 Med Life SA Bahtco
Invest SA		 Re
invoicing
agreeme
nt no 1		 03.01.2021 - - Maintenance
charges -
re
invoicing		 - - - - Mar.2
2		 24,022
18 Bahtco
Invest SA		 Med Life
SA		 2 07.10.2011 1 02.04.2021 Interest for
the amount
due to
MedLife SA		 - - Payment
order		 - Mar.2
2		 22,253
19 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (EUR)		 - - Payment
order		 - Mar.2
2		 19,245
20 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (RON)		 - - Payment
order		 - Mar.2
2		 73,153
21 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Withdrawals
for loan
(RON)		 - - Payment
order		 - Mar.2
2		 565,000
22 Med Life SA Bahtco
Invest SA		 - 01.06.2011 - - Acquisition
of materials		 - 90 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand		 Apr.22 749,396
Contracting parties Contract Identification Addendum Information
No. Beneficiary Provider Contract
No.		 Contract
Date		 Addendum
No.		 Addendum
Date		 Scope Guarantees
provided		 Payment
Term		 Payment
method		 Penalties Month
and
year		 Transa
ctions		 Mutual liabilities as at 31 July
2022 (RON)
ing
balance
23 Med Life SA Bahtco
Invest SA		 - 27.05.2011 1 01.01.2017 Rent - 30 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Apr.22 427,124
24 Med Life SA Bahtco
Invest SA		 Re
invoicing
agreeme
nt no 1		 03.01.2021 - - Maintenance
charges -
re
invoicing		 - - - - Apr.22 24,009
25 Med Life SA Bahtco
Invest SA		 - 27.05.2011 2 01.04.2022 Utilities -
re
invoicing		 - - - - Apr.22 419,249
26 Bahtco
Invest SA		 Med Life
SA		 2 07.10.2011 1 02.04.2021 Interest for
the amount
due to
MedLife SA		 - - Payment
order		 - Apr.22 21,542
27 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (EUR)		 - - Payment
order		 - Apr.22 18,629
28 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (RON)		 - - Payment
order		 - Apr.22 72,773
29 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Withdrawals
for loan
(RON)		 - - Payment
order		 - Apr.22 498,000
30 Med Life SA Bahtco
Invest SA		 - 01.06.2011 - - Acquisition
of materials		 - 90 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand		 May.2
2		 875,526
Contracting parties
Contract Identification		 Addendum Information
No. Beneficiary Provider Contract
No.		 Contract
Date		 Addendum
No.		 Addendum
Date		 Scope Guarantees
provided		 Payment
Term		 Payment
method		 Penalties Month
and
year		 Transa
ctions		 Mutual liabilities as at 31 July
2022 (RON)
ing
balance
31 Med Life SA Bahtco
Invest SA		 - 27.05.2011 1 01.01.2017 Rent - 30 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 May.2
2		 426,693
32 Med Life SA Bahtco
Invest SA		 Re
invoicing
agreeme
nt no 1		 03.01.2021 - - Maintenance
charges -
re
invoicing		 - - - - May.2
2		 24,020
33 Med Life SA Bahtco
Invest SA		 - 27.05.2011 2 01.04.2022 Utilities -
re
invoicing		 - - - - May.2
2		 9,848
34 Bahtco
Invest SA		 Med Life
SA		 2 07.10.2011 1 02.04.2021 Interest for
the amount
due to
MedLife SA		 - - Payment
order		 - May.2
2		 22,237
35 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (EUR)		 - - Payment
order		 - May.2
2		 19,231
36 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (RON)		 - - Payment
order		 - May.2
2		 77,083
37 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Withdrawals
for loan
(RON)		 - - Payment
order		 - May.2
2		 200,000
38 Med Life SA Bahtco
Invest SA		 - 01.06.2011 - - Acquisition
of materials		 - 90 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand		 Jun.22 859,178
Contracting parties Contract Identification Addendum Information
No. Beneficiary Provider Contract
No.		 Contract
Date		 Addendum
No.		 Addendum
Date		 Scope Guarantees
provided		 Payment
Term		 Payment
method		 Penalties Month
and
year		 Transa
ctions		 Mutual liabilities as at 31 July
2022 (RON)
ing
balance
39 Med Life SA Bahtco
Invest SA		 - 27.05.2011 1 01.01.2017 Rent - 30 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Jun.22 522,202
40 Med Life SA Bahtco
Invest SA		 Re
invoicing
agreeme
nt no 1		 03.01.2021 - - Maintenance
charges -
re
invoicing		 - - - - Jun.22 24,004
41 Med Life SA Bahtco
Invest SA		 - 27.05.2011 2 01.04.2022 Utilities -
re
invoicing		 - - - - Jun.22 4,990
42 Bahtco
Invest SA		 Med Life
SA		 2 07.10.2011 1 02.04.2021 Interest for
the amount
due to
MedLife SA		 - - Payment
order		 - Jun.22 21,530
43 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (EUR)		 - - Payment
order		 - Jun.22 18,620
44 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (RON)		 - - Payment
order		 - Jun.22 75,064
45 Med Life SA Bahtco
Invest SA		 - 01.06.2011 - - Acquisition
of materials		 - 90 days
from the
date when
the invoice
was issued		 Payment
order		 Daily
penalties
in
amount
of
0.01%
from
outstand
ing
balance		 Jul.22 726,451 Liabilities 1,241,756
46 Med Life SA Bahtco
Invest SA		 - 27.05.2011 1 01.01.2017 Rent - 30 days
from the		 Payment
order		 Daily
penalties		 Jul.22 426,011

Contracting parties Contract Identification Addendum Information Main contractual information
No. Beneficiary Provider Contract
No.		 Contract
Date		 Addendum
No.		 Addendum
Date		 Scope Guarantees
provided		 Payment
Term		 Payment
method		 Penalties Month
and
year		 Transa
ctions		 Mutual liabilities as at 31 July
2022 (RON)
date when
the invoice
was issued		 in
amount
of
0.01%
from
outstand
ing
balance
47 Med Life SA Bahtco
Invest SA		 Re
invoicing
agreeme
nt no 1		 03.01.2021 - - Maintenance
charges -
re
invoicing		 - - - - Jul.22 24,003
48 Med Life SA Bahtco
Invest SA		 - 27.05.2011 2 01.04.2022 Utilities -
re
invoicing		 - - - - Jul.22 65,291
49 Bahtco
Invest SA		 Med Life
SA		 2 07.10.2011 1 02.04.2021 Interest for
the amount
due to
MedLife SA		 - - Payment
order		 - Jul.22 22,202 Loan balance,
including
accrued
interest		 12,834,008
50 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (EUR)		 - - Payment
order		 - Jul.22 19,200 Loan balance,
including
accrued
interest		 11,098,724
51 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Interest for
loan (RON)		 - - Payment
order		 - Jul.22 77,566 Loan balance,
including
accrued
interest		 25,145,611
52 Bahtco
Invest SA		 Med Life
SA		 1 15.12.2010 1 02.04.2021 Withdrawals
for loan
(RON)		 - - Payment
order		 - Jul.22 270,000
Total
transactions		 14,935,789

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