Patria Bank S.A.

Board/Management Information • May 3, 2016

No. 8346/29.04.2016

To: FINANCIAL SUPERVISORY AUTHORITY (FSA) - Financial instruments and investments sector BUCHAREST STOCK EXCHANGE Ref: Current report according to the Law no. 297/2004 and the Regulation FSA no. 1/2006

Report date: 29.04.2016 Name of Issuer: Banca Comerciala Carpatica SA Headquarters: Sibiu, 1 Autogării Street Phone / Fax No: 0269/233.985; 0269/233.371 Unique Registration Code with the Trade Register: RO 11447021 Order number in the Trade Register: J32/80/1999 Subscribed and paid-in share capital: RON 220,274,282.20 The regulated market where the instruments are traded: Bucharest Stock Exchange

1. Important events to be reported:

e) Other events

According to the provisions of the art. 113 from the FSA Regulation no. 1/2006 related to issuers and securities operations, we would like to inform you as follows:

On 28 April 2016, the Board Committee (in Romanian "Consiliul de Administratie") of Banca Comerciala Carpatica SA approved the following modifications regarding the bank's management structure:

• Mr. Ionut Patrahau has been appointed as General Director of the bank;
• Mrs. Diana Kallos has been appointed as Deputy General Director Financial and Risk Division;
• Mr. Valentin Vancea has been appointed as Executive Director Operations and IT Division,

The above mentioned persons will be members of the Directors Committee of the bank.

The mandate of the persons approved by the bank's Board Committee will enter into force upon their approval by the National Bank of Romania.

Moreover, on 28.04.2016 the bank's Board Committee approved to delegate towards Mr. Bogdan Merfea and Mrs. Daniela Iliescu, separately, the signing of all commitments and reporting documents issued by the bank, based on their quality as "bank representative".

Yours sincerely,

Bogdan Merfea,

Member of the Board Committee