SIF Oltenia S.A.

Board/Management Information • Mar 16, 2017

No. 1568 / 15.03.2017

To: FINANCIAL SUPERVISORY AUTHORITY Financial Instruments and Investment Sector Fax no: 021.659.60.51

BUCHAREST STOCK EXCHANGE Fax no: 021-307.95.19

CURRENT REPORT

according to the R.N.S.C. (C.N.V.M.) Regulation no. 1/2006 regarding the issuers and the securities transactions

and to the Law no. 297/2004 regarding the capital market

Report date: 15.03.2017 Name of the issuer: Societatea de Investiţii Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1, Tufănele St., zip code 200767 Phone /Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code (CIF): RO 4175676 Trade Register Number: J16/1210/30.04.1993 R.N.S.C. (C.N.V.M.) Register Number: PJR09SIIR/160003/14.02.2006 Share capital subscribed and paid: 58,016,571 RON Regulated market on which the issued securities are traded on: Bucharest Stock Exchange – Shares, Premium Tier, (market symbol SIF5)

Important event to report: List of candidates to the position of member of the Administration Board

S.I.F. Oltenia S.A. informs the investors that, until 10.03.2017 hours 16:00, time-limit provided in the Calling Notice of the Ordinary General Shareholders Meeting for submitting the application files for the position of administrator in the Administration Board of S.I.F. Oltenia S.A., 17 candidates were registered.

The list of candidates (item 8 of the Agenda of the OGSM called for 04/05.04.2017) - in chronological order of the registration numbers at the registry of S.I.F. Oltenia S.A. of the candidates files – list which will be subject to approval of the Ordinary General Shareholders Meeting is as following:

Item No.	Last name/First name of candidate	File registration no.	Profession	Place of work /Activity	Proposed by	Domicile
1.	Ciurezu Tudor	1337 / 03.03.2017	Economist, associate Prof. PhD. ec.	Chairman / General Manager of SIF Oltenia SA	Board of SIF Oltenia SA	Craiova
2.	Radu Anina	1366 /06.03.2017	Lawyer	Vice-Chairman / Deputy General Manager of SIF Oltenia SA	Board of SIF Oltenia SA	Craiova

3.	Busu Cristian	1367 / 06.03.2017	Economist associate Prof. PhD. ec.	SIF Oltenia SA Board Member	Board of SIF Oltenia SA	Agigea, Constanta
4.	Stoian Nicolae	1369 /06.03.2017	Economist	SIF Oltenia SA Board Member	Board of SIF Oltenia SA	Craiova
5.	Popa Carmen	1447 / 08.03.2017	Lawyer	-	Board of SIF Oltenia SA	Craiova
6.	Berceanu Dorel	1468 / 09.03.2017	Engineer, Economist, associate Prof. PhD. ec.	Universitaty of Craiova	SIF Oltenia SA Shareholder	Craiova
7.	Oancea Mircea	1469 /09.03.2017	Engineer Economist	Fondul de Garantare a Drepturilor din Sistemul de Pensii Private	SIF Oltenia SA Shareholder	Bucuresti
8.	Hanga Radu	1470 / 09.03.2017	Engineer	Banca Transilvania SA, Executive Director	Jeican Constantin Miron – SIF Oltenia SA Shareholder	Cluj Napoca
9.	Apostol Sorin	1487 /09.03.2017	Economist	SSIF Swiss Capital SA	- Danielis Star Company SRL - SIF Oltenia SA Shareholder	Bucuresti
10.	Avram Ioana-Valeria	1488 /09.03.2017	Economist	-SAI Swiss Capital Asset Management – General Manager; and -SSIF Swiss Capital SA Contabil Sef	Cirjan Bogdan Mircea - SIF Oltenia SA Shareholder	Bucuresti
11.	Filip Stefan	1490 /10.03.2017	Bachelor of Science – Computer Science and Management Risk -Illinois Wesleyan University (Blomington - SUA)	EBRD - Londra	Filip Grigore - SIF Oltenia SA Shareholder	Bacau
12.	Capitanu Victor	1508 /10.03.2017	Economist	One United Properties SA	Board of SIF Oltenia SA	Bucuresti

13.	Micu Cristian	1510 /10.03.2017	Economist	Euxinus Capital SRL- Deputy General Manager	Irimia Niculina - SIF Oltenia SA Shareholder	Bucuresti
14.	Giugiumica Liviu	1511 /10.03.2017	Honours Bachelors of Business Administratio n Finance and Economy York University – Toronto - Canada	Trident Capital Investments, Bucuresti	SIF Oltenia SA Shareholder	Bucuresti
15.	Iliescu Bogdan George	1512 /10.03.2017	Economist	Board Member – Electrica SA; Board Member – SNTGN Transgaz SA	SIF Oltenia SA Shareholder	Bucuresti
16.	Cretu Gabriel	1513 / 10.03.2017	Economist, PhD. ec	Adwisers Financial IFN SA General Manager	SIF Oltenia SA Shareholder	Bucuresti
17.	Bobirca Ana Barbara	1517 /10.03.2017	Economist, associate Prof. PhD. ec.	A.S.E. Bucuresti	Central European Financial Services B.V.	Bucuresti

List of candidates for the position of administrator in the Administration Board of S.I.F. Oltenia S.A. can be found on the company website, http://www.sifolt.ro, section: General Meeting.

There are no other events to report.

associate Prof. PhD. ec. Tudor Ciurezu President / General Manager

Internal control / Compliance ec. Viorica Balan