SIF Oltenia S.A.

Board/Management Information • Nov 11, 2021

No. 11260 /11.11.2021

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 Law no. 24/2017 and F.S.A. Regulation no. 5/2018 on issuers of financial instruments and market operations

Report date: 11.11.2021 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: PJR09FIAIR/160001/08.06.2021 ISIN: ROSIFEACNOR4 LEI Code: 254900VTOOM8GL8TVH59 Depozitory-Custodian: Raiffeisen Bank S.A. Depozitory: Depozitarul Central Bucuresti Share capital subscribed and paid: 50,000,000 lei Regulated market on wich the issued securities are traded on: Bucharest Stock Exchange – Shares, Premium Tier (market symbol SIF5)

Important events to report:

Changes in the company's management: termination of the individual employment contract of the Director of the Portfolio Department

S.I.F. Oltenia S.A. informs the shareholders that, on 11.11.2021, ended the individual employment contract of Mr. Ioan PĂUNA, Director of the Portfolio Department.

S.I.F. Oltenia S.A. thanks Mr. Ioan PĂUNA for the whole and prodigious activity carried out within the company.

Sorin-Iulian CIOACĂ President - General Manager

Viorica Bălan Compliance officer