Santierul Naval Orsova S.A. — M&A Activity 2021

Jun 3, 2021

ŞANTIERUL NAVAL ORŞOVA S.A. Nr. RC J25/150/1991 CIF: RO 1614734 Capital social: - subscris 28.557.297,5 lei - varsat 28.557.297,5 lei Str. Tufări, nr. 4, Orşova, 225200, Mehedinţi Tel.: 0252/362.399; 0252/361.885; Fax: 0252/360.648 E-mail: mircea.sperdea@snorsova.ro; marketing@snorsova.ro Codul LEI (Legal Entity Identifier): 254900UXAJ8TPIKLXG79 Cod IBAN: RO96RNCB0181022634120001- B.C.R. Orşova Cod IBAN: RO59BRDE260SV03176142600- B.R.D. Orşova

TO :

THE STOCK EXCHANGE BUCHAREST – Department of Operations Issuers of Regulated Markets FINANCIAL MONITORING AUTHORITY – Department of Financial Instruments and Investments

____________________________________________________________________________________

CURRENT REPORT

ACCORDING TO THE LAW NO. 24/2017 AND TO THE ASF REGULATION NO. 5/2018 Concerning the issuers of financial instruments and market operations

Report date: 03 JUNE 2021

- Name of the trading company: ŞANTIERUL NAVAL ORŞOVA S.A.;

• - Registered office: 4, TUFĂRI Street, ORŞOVA, MEHEDINŢI County;
• - Telephone/fax:0252/362399 0252/360648;
• - Single registration code issued by the Trade Register: RO 1614734;
• - Registered number with the Trade Register's Office: J25/150/03.04.1991;
• - Code Lei: 254900UXAJ8TPIKLXG79
• - Subscribed and paid in share capital: 28,557,297.5 Lei
• - Number of shares: 11.422.919 common shares, of 2,5 lei each;

- Regulated market where the issued securities are traded: Bucharest Stock Exchange-category Standard (symbol: SNO)

IMPORTANT EVENT TO REPORT: CONCLUSION OF 2 COMMERCIAL CONTRACTS FOR CONSTRUCTION AND DELIVERY OF INLAND VESSELS.

ORSOVA SHIPYARD S.A. informs the shareholders and all those interested on the fact that the company has concluded a number of 2 external contracts for inland vessel construction, in connection with which the following clarifications are made:

• Nature acts concluded: commercial contracts with intra-Community delivery (Netherland) ;
• Object contracts: 2 commercial contracts for the construction and delivery of two tanker vessel;
• The total value of the contract: 3.630.000 EURO;
• Terms and conditions of payment: an advance payment, based on a letter of guarantee refund of the advance payment and the remaining payment: based on documentary letter of credit, payable after arrival at the place of delivery.

General Manager, Eng. Mircea Ion Sperdea