SIF Oltenia S.A.

Board/Management Information • Mar 20, 2019

No. 2492 /20.03.2019

Translation from Romanian into English

To: BUCHAREST STOCK EXCHANGE Fax no.: 021-307.95.19

FINANCIAL SUPERVISORY AUTHORITY Financial Instruments and Investments Sector Fax no.: 021.659.60.51

CURRENT REPORT

according to the A.S.F. Regulation no. 5/2018 on issuers of financial instruments and market operations

Report date: 20.03.2019 Name of the issuer: Societatea de Investiţii Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1 Tufănele Street, postal code 200767 Phone/Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code: RO 4175676 Order number at the Trade Register: J16/1210/30.04.1993 FSA Register Number:PJR07¹AFIAA/160004/15.02.2018 ISIN: ROSIFEACNOR4 LEI Code: 254900VTOOM8GL8TVH59 Depozitory-Custodian: Raiffeisen Bank S.A. Depozitory: Depozitarul Central Bucuresti Share capital subscribed and paid: 58,016,571 lei Regulated market on wich the issued securities are traded on: Bucharest Stock Exchange – Shares, Premium Tier (market symbol SIF5)

Important event to report: Investor Information – establishing the Investment Policy – Strategy Committee

S.I.F. Oltenia informs investors that according to the provisions of art. 140² par. (1) of the Law no. 31/1990, within the Board of Administrators meeting on 20.03.2019 it was decided to establish an Investment Policy – Strategy Committee.

The committee has the following component:

• Mrs. Carmen Popa – non-executive administrator

• Mrs. Anina Radu non-executive administrator

• Mr. Nicolae Stoian non-executive administrator

The committee shall operate after the corresponding amendment of the company's organization and operation documents (Internal regulations, establishment plan etc.) and the Financial Supervisory Authority will be notified.

There are no other events to report.

Associate Prof. PhD ec. Tudor Ciurezu Chairman / General Manager