SIF Oltenia S.A.

Fund Information / Factsheet • Aug 16, 2022

No. 8280/16.08.2022

To: BUCHAREST STOCK EXCHANGE Fax: 021-307 95 19

FINANCIAL SUPERVISORY AUTHORITY FINANCIAL INSTRUMENTS AND INVESTMENTS SECTOR Fax: 021.659.60.51

PRESS RELEASE

According to art. 50 paragraph (1) and paragraph (2) of the FSA Regulation no.7 / 2020 regarding the authorization and operation of alternative investment funds, we send you attached the detailed statement of the investments on 30.06.2022 (Annex no. 11), as it was prepared by the company and certified by the depositary.

We inform you that Annex 11 (Detailed statement of investments) is available starting with 16.08.2022, on the company's website www.sifolt.ro. to Section Investors Info / Reports / Detailed Statement of the investments.

Sorin - Iulian CIOACĂ President- General Manager

Viorica BĂLAN Compliance Officer

Detailed statement of the investments on 30/06/2022

Net assets	2,197,633,426 lei	2,128,606,828 lei
Total assets	2,422,592,329 lei	2,276,833,127 lei

			Beginning of the reporting period				End of the reporting period
	Name of the item	% of the net assets	% of total assets	Currency	RON	% of the net assets	% of total assets	Currency	RON
I.	Total assets			2,165,474	2,420,426,855			740,965	2,276,092,162	(145,759,201)
1	Securities and money market instruments of
	which:	100.7654	91.4084	0	2,214,453,327	95.1021	88.9108	0	2,024,350,483	(190,102,844)
	1.1 Securities and money market instruments
	admitted or traded on a regulated market in
	Romania, of which: shares, other similar securities
	(mentioning each category), bonds (by issuer
	category), other debt securities (mentioning by
	type and issuer category), other securities, money
	market instruments (by category);
		100.7654	91.4084	0	2,214,453,327	95.1021	88.9108	0	2,024,350,483	(190,102,844)
	- Shares 1.2 Securities and money market instruments	100.7654	91.4084	0	2,214,453,327	95.1021	88.9108	0	2,024,350,483	(190,102,844)
	admitted to or dealt in on a regulated market of a
	Member State, of which: shares, other securities
	treated as such (by class), bonds (by class of
	issuer), other debt securities (by type and class of
	issuer), other securities, money market
	instruments (by class);	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
	1.3 Securities and money market instruments
	admitted to official listing on a stock exchange in a
	third country or traded on another regulated
	market in a third country, which operates regularly
	and is recognised and open to the public,
	approved by the A.S.F., of which: shares, other
	securities treated as such (with a list of each
	class), bonds (by class of issuer), other debt
	securities (with a list by type and by class of
	issuer), other securities, money market
	instruments (by class).	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
2	Newly issued securities	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0

Detailed statement of the investments on 30/06/2022

Net assets	2,197,633,426 lei	2,128,606,828 lei
Total assets	2,422,592,329 lei	2,276,833,127 lei

			Beginning of the reporting period End of the reporting period Differences (lei)
	Name of the item	% of the net assets	% of total assets	Currency	RON	% of the net assets	% of total assets	Currency	RON
3	Other securities and money market instruments referred to in Article 83(1)(a) of O.U.G. No 32/2012 of which: securities (by categories and by type of issuer) and money
	market instruments (by categories).	7.7291	7.0114	0	169,857,435	7.8872	7.3737	0	167,886,499	(1,970,936)
	- Shares not admitted to trading	7.4173	6.7286	0	163,005,725	7.6047	7.1096	0	161,874,694	(1,131,031)
	Bonds not admitted to trading	0.3118	0.2828	0	6,851,710	0.2824	0.2640	0	6,011,805	(839,905)
4	Bank deposits of which:	0.6658	0.6040	468,445.66	14,163,082.98	2.8604	2.6742	0.00	60,887,033.27	46,255,505
	4.1 Bank deposits with credit institutions in Romania;	0.6658	0.6040	468,445.66	14,163,082.98	2.8604	2.6742	0.00	60,887,033.27	46,255,505
	4.2 Bank deposits made with credit institutions in a Member State;	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
	4.3 Bank deposits made with credit institutions in a third country.	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
5	Derivatives traded on a regulated market:	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
	5.1 Derivatives traded on a regulated market in Romania, by category;	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
	5.2 Derivatives traded on a regulated market in a Member State, by category;	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
	5.3 Derivatives traded on a regulated market in a third country, by category;	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
	5.4 Derivatives traded outside regulated markets, by instrument category;	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
6	Current accounts and cash	0.1783	0.1617	1,697,027.86	2,221,202.24	0.1363	0.1275	740,965.31	2,161,026.74	(1,016,238)
7	Money market instruments other than those traded on a regulated market, as referred to in Article 82(g) of O.U.G. No 32/2012 - Repo contracts on securities	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
8	Equity interests of FIA/OPCVM	0.2117	0.1920	0	4,652,463	0.2186	0.2044	0	4,652,815	352
9	Dividends or other rights receivable	0.0000	0.0000	0	0	0.1674	0.1565	0	3,564,028	3,564,028
10	Other assets (amounts in transit, amounts with
	distributors, amounts with S.S.I.F., etc.).	0.6862	0.6224	0	15,079,345	0.5915	0.5530	0	12,590,277	(2,489,068)
II.	Total liabilities			0	224,958,903			0	148,226,299	(76,732,604)

Detailed statement of the investments on 30/06/2022

Net assets	2,197,633,426 lei	2,128,606,828 lei
Total assets	2,422,592,329 lei	2,276,833,127 lei

			Beginning of the reporting period					Differences (lei)
	Name of the item	% of the net assets	% of total assets	Currency	RON	% of the net assets	% of total assets	Currency	RON
1	Expenses for the payment of fees due to
	A.F.I.A.	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
2	Expenses for payment of fees due to the depositary	0.0019	0.0017	0	41,772	0.0018	0.0017	0	38,824	(2,948)
3	Expenses for the payment of fees due to intermediaries	0.0003	0.0002	0	6,002	0.0000	0.0000	0	0	(6,002)
4	Expenses on turnover fees and other banking
	services	0.0002	0.0002	0	4,575	0.0001	0.0001	0	2,058	(2,517)
5	Interest expenses	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
6	Issuance expenses	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
7	Expenses with the payment of
	commissions/fees due to F.S.A.	0.0075	0.0068	0	164,095	0.0000	0.0000	0	0	(164,095)
8	Financial audit costs	0.0048	0.0043	0	104,720	0.0000	0.0000	0	0	(104,720)
9	Other approved expenditure	10.2218	9.2726	0	224,637,739	6.9616	6.5084	0	148,185,417	(76,452,322)
10	Redemptions payable	0.0000	0.0000	0	0	0.0000	0.0000	0	0	0
III.	Value of net assets(I-II)			2,165,474	2,195,467,952			740,965	2,127,865,863	(69,026,597)

GENERAL MANAGER Sorin-Iulian Cioacă Depository Certification

Raiffeisen Bank

Statement of unit value of net assets on 30/06/2022

Running no.	Item name	30/06/2022	30/06/2021	Differences
1	Net asset value (of which broken down by class of fund units)	2,128,606,828	2,099,065,262	29,541,566
2	Number of fund units/shares outstanding (broken down by class of fund units)	500,000,000	500,000,000	0
3	Unit value of net assets (broken down by class of fund units)	4.2572	4.1981	0.0591

GENERAL MANAGER Sorin-Iulian Cioacă Depository Certification

Raiffeisen Bank

Total assets

2,276,833,127 lei

I. Securities admitted or traded on a regulated market in Romania

1. Shares traded in the last 30 trading days (business days)

Running no.	Issuer	Share symbol	Date of last trading session	No. of shares held	Nominal value	Share value	Total value	Percentage of the issuer's share capital	Share in total assets of F.I.A.I.R.
					lei	lei	lei	%	%
	1 ALIMENTARA SLATINA	ALRV	28/06/2022	350,342	2.4300	40.6221	14,231,637	85.2194	0.6251
	2 ALTUR SLATINA	ALT	27/06/2022	14,266,350	0.1000	0.0475	677,652	4.6615	0.0298
	3 ANTIBIOTICE IASI	ATB	29/06/2022	178,237,478	0.1000	0.5340	95,178,813	26.5496	4.1803
	4 ARGUS CONSTANTA	UARG	30/06/2022	30,920,056	1.5000	1.7200	53,182,496	86.4160	2.3358
	5 B.R.D.-GROUPE SOCIETE GENERALE BUCURESTI	BRD	30/06/2022	27,533,076	1.0000	12.6200	347,467,419	3.9508	15.2610
	6 BANCA TRANSILVANIA CLUJ	TLV	30/06/2022	210,644,218	1.0000	2.2300	469,736,606	3.3375	20.6311
	7 BURSA DE VALORI BUCURESTI	BVB	30/06/2022	505,941	10.0000	28.0000	14,166,348	6.2856	0.6222
	8 C.N.T.E.E. TRANSELECTRICA BUCURESTI	TEL	30/06/2022	2,661,841	10.0000	18.2000	48,445,506	3.6313	2.1278
	9 CONSTRUCTII FEROVIARE CRAIOVA	CFED	18/05/2022	2,725,325	0.8500	0.1820	496,009	77.5001	0.0218
	10 COS TARGOVISTE	COS	30/06/2022	6,142,826	2.5000	4.5800	28,134,143	8.9220	1.2357
	11 ELECTROMAGNETICA BUCURESTI	ELMA	30/06/2022	182,181,773	0.1000	0.1300	23,683,630	26.9484	1.0402
	12 FLAROS BUCURESTI	FLAO	24/06/2022	1,233,390	2.5000	71.7500	88,495,724	81.0712	3.8868
	13 IAMU BLAJ	IAMU	10/06/2022	1,884,289	2.5000	11.8000	22,234,610	19.8343	0.9766
	14 LACTATE NATURA TARGOVISTE INBO		08/06/2022	2,173,909	1.2500	0.8900	1,934,779	66.3303	0.0850
	15 OMV PETROM BUCURESTI	SNP	30/06/2022	524,148,219	0.1000	0.4875	255,522,257	0.9253	11.2227
	16 S.N.G.N. ROMGAZ S.A.	SNG	30/06/2022	1,848,286	1.0000	50.4000	93,153,614	0.4795	4.0914
	17 SANTIERUL NAVAL ORSOVA	SNO	29/06/2022	3,200,337	2.5000	4.7600	15,233,604	28.0168	0.6691
	18 SIF BANAT CRISANA	SIF1	30/06/2022	45,476,605	0.1000	2.4500	111,417,682	8.8232	4.8935
	19 SIF MUNTENIA	SIF4	30/06/2022	74,919,449	0.1000	1.4000	104,887,229	9.5482	4.6067
	20 SINTEROM CLUJ	SIRM	24/06/2022	1,555,509	2.5000	11.0000	17,110,599	32.1267	0.7515
	21 SNTGN TRANSGAZ MEDIAS	TGN	30/06/2022	243,311		10.0000 230.0000	55,961,530	2.0665	2.4579
	22 TURISM FELIX BAILE FELIX	TUFE	30/06/2022	143,752,429	0.1000	0.3100	44,563,253	29.2663	1.9572
	23 TUSNAD BAILE TUSNAD	TSND	29/06/2022	25,861,924	0.1000	0.0710	1,836,197	8.5691	0.0806
	24 UNIVERS RM.VALCEA	UNVR	21/06/2022	587,519	2.5000	52.2681	30,708,529	73.7494	1.3487
							1,938,459,866		85.1384

Total assets

2,276,833,127 lei

I. Securities admitted or traded on a regulated market in Romania

1. Shares traded in the last 30 trading days (business days)

								Percentage
								of the	Share in total
Running	Issuer	Share	Date of last	No. of shares	Nominal	Share	Total value	issuer's	assets of
no.		symbol	trading session	held	value	value		share	F.I.A.I.R.
								capital

1. Shares not traded in the last 30 trading days (business days)

Running no.	Issuer	Share symbol	Date of last trading session	No. of shares held	Nominal value	Share value	Total value	Percentage of the issuer's share capital	Share in total assets of F.I.A.I.R.
					lei	lei	lei	%	%
	1 MERCUR CRAIOVA	MRDO	17/05/2022	7,104,836	2.5000	11.9825	85,133,633	97.8593	3.7391
	2 RELEE MEDIAS	RELE	02/05/2022	62,080	2.5000	12.1937	756,984	11.4644	0.0332
							85,890,617		3.7724

GENERAL MANAGER DEPUTY GENERAL MANAGER Depository certification Sorin-Iulian Cioacă Mihai Trifu Raiffeisen Bank

Detailed statement of the investments on 30/06/2022

Total assets 2,276,833,127 lei

VIII.1. Other securities

1. Shares not admitted to trading

Running no.	Issuer	No. of shares held	Nominal value	Share value	Total value	Percentage of the issuer's share capital	Share in total assets of F.I.A.I.R.
			lei	lei	lei	%	%
	1 BIROUL DE INVESTITII REGIONAL OLTENIA IFN	272,411	16.0000	9.9711	2,716,241	19.4540	0.1193
	2 COMPLEX HOTELIER DAMBOVITA	1,754,221	2.5000	6.7266	11,799,987	99.9999	0.5183
	3 COREALIS CRAIOVA	655,757	2.5000	2.5425	1,667,245	11.4189	0.0732
	4 DEPOZITARUL CENTRAL BUCURESTI	9,878,329	0.1000	0.1272	1,256,529	3.9057	0.0552
	5 ELBA TIMISOARA	39,628	2.5000	142.8721	5,661,736	2.3694	0.2487
	6 ELECTRO TOTAL BOTOSANI	57,909	2.5000	0.0000	0	29.8562	0.0000
	7 EXIMBANK BANCA DE EXPORT IMPORT A ROMANIEI BUC	4,364,430	6.0000	9.1135	39,775,229	3.2702	1.7470
	8 GEMINA TOUR RM.VILCEA	757,888	2.5000	4.0422	3,063,544	88.2866	0.1346
	9 PROVITAS BUCURESTI	35,139	10.0000	128.0000	4,497,792	70.2780	0.1975
	10 SAGRICOM ULMI	57,941	2.5000	0.0000	0	4.2057	0.0000
	11 SANEVIT ARAD	792,662	0.1000	0.0000	0	13.2841	0.0000
	12 TURISM LOTUS FELIX	347,859,802	0.1000	0.0985	34,274,903	27.4554	1.5054
	13 TURISM PUCIOASA	1,010,599	2.5000	4.4521	4,499,242	69.2191	0.1976
	14 VOLTALIM CRAIOVA	5,997,519	2.5000	8.7807	52,662,246	99.5506	2.3130
					161,874,694		7.1096

GENERAL MANAGER DEPUTY GENERAL MANAGER Depository certification Sorin-Iulian Cioacă Mihai Trifu Raiffeisen Bank

Detailed statement of the investments on 30/06/2022

Total assets 2,276,833,127 lei

VIII.1. Other securities 2. Bonds not admitted to trading

Running no.	Inssuer	Nr. bonds held	Purchase date	Coupon date	Coupon maturity date	Initial Value	Daily increase Cumulative	interest	Discount /Cumulative Premium	Total Value	Percentage in total bonds of the issuer	Share in total assets of F.I.A.I.R.
						lei			lei	lei	%	%
	1 MERCUR CRAIOVA			592 15/09/2021 15/09/2022 15/09/2022 5,920,000			416.83	91,805		6,011,805	87.0588	0.2640
										6,011,805		0.2640

GENERAL MANAGER Depository certification Sorin-Iulian Cioacă Raiffeisen Bank

Detailed statement of the investments on 30/06/2022

Total assets 2,276,833,127 lei

X. Bank deposits with credit institutions in Romania

1. Bank deposits denominated in lei

Running no.	Name of the bank	Establishment date	Maturity date	Initial value	Daily increase	Accrued interest	Total value	Percentage in the total assets of F.I.A.I.R.
				lei	lei	lei	lei	%
	1 BANCA TRANSILVANIA	30/06/2022	07/07/2022	10,000,000.00	1,583.3333		1,583.33 10,001,583.33	0.4393
	2 BANCA TRANSILVANIA	30/06/2022	07/07/2022	5,000,000.00	791.6667	791.67	5,000,791.67	0.2196
	3 BANCA TRANSILVANIA	30/06/2022	07/07/2022	3,000,000.00	475.0000	475.00	3,000,475.00	0.1318
	4 BANCA TRANSILVANIA	30/06/2022	07/07/2022	2,000,000.00	316.6667	316.67	2,000,316.67	0.0879
	5 BANCA TRANSILVANIA	30/06/2022	07/07/2022	2,000,000.00	316.6667	316.67	2,000,316.67	0.0879
	6 BANCA TRANSILVANIA	30/06/2022	07/07/2022	1,000,000.00	158.3333	158.33	1,000,158.33	0.0439
	7 BANCA TRANSILVANIA	30/06/2022	07/07/2022	400,000.00	63.3333	63.33	400,063.33	0.0176
	8 BANCA TRANSILVANIA	30/06/2022	07/07/2022	963,181.15	2.6755	2.68	963,183.83	0.0423
	9 BANCA TRANSILVANIA	28/06/2022	06/07/2022	500,000.00	77.7778	233.33	500,233.33	0.0220
	10 BANCA TRANSILVANIA	28/06/2022	06/07/2022	1,000,000.00	155.5556	466.67	1,000,466.67	0.0439
	11 BANCA TRANSILVANIA	28/06/2022	06/07/2022	5,000,000.00	777.7778	2,333.33	5,002,333.33	0.2197
	12 BANCA TRANSILVANIA	28/06/2022	06/07/2022	10,000,000.00	1,555.5556		4,666.67 10,004,666.67	0.4394
	13 BANCA TRANSILVANIA	27/06/2022	05/07/2022	10,000,000.00	1,555.5556		6,222.22 10,006,222.22	0.4395
	14 BANCA TRANSILVANIA	27/06/2022	05/07/2022	5,000,000.00	777.7778	3,111.11	5,003,111.11	0.2197
	15 BANCA TRANSILVANIA	27/06/2022	05/07/2022	3,000,000.00	466.6667	1,866.67	3,001,866.67	0.1318
	16 BANCA TRANSILVANIA	27/06/2022	05/07/2022	1,000,000.00	155.5556	622.22	1,000,622.22	0.0439
	17 BANCA TRANSILVANIA	27/06/2022	05/07/2022	500,000.00	77.7778	311.11	500,311.11	0.0220
	18 BANCA TRANSILVANIA	27/06/2022	05/07/2022	500,000.00	77.7778	311.11	500,311.11	0.0220
							60,887,033.27	2.6742

GENERAL MANAGER DEPUTY GENERAL MANAGER Depository Certification Sorin-Iulian Cioacă Mihai Trifu Raiffeisen Bank

Total assets 2,276,833,127 lei

IX. Available in current accounts and cash

1. Available in current accounts and cash in lei

Running no.	Name of the bank	Current amount	Percentage in the total assets of F.I.A.I.R.
		lei	%
	1 BANCA TRANSILVANIA	47,128.03	0.0021
	2 BCR	1,408,520.08	0.0619
	3 BRD GSG	141.67	0.0000
	4 EXIMBANK	973.92	0.0000
	5 RAIFFEISEN BANK	700,879.76	0.0308
	6 Sume in curs de decontare	0.00	0.0000
	7 Numerar si echivalente numerar	3,383.28	0.0001
		2,161,026.74	0.0949

Sorin-Iulian Cioacă Mihai Trifu

GENERAL MANAGER DEPUTY GENERAL MANAGER

Depository Certification Raiffeisen Bank

Total assets 2,276,833,127 lei

IX. Available in current accounts and cash

1. Available in current accounts and cash in foreign currency

Running no.	Name of the bank	Currency	Current amount	NBR exchange rate	Updated amount	Percentage in the total assets of F.I.A.I.R.
			currency		lei	%
	1 BANCA TRANSILVANIA	USD	7,226.45	4.7424	34,270.72	0.0015
	2 BCR	EUR	142,899.38	4.9454	706,694.59	0.0310
					740,965.31	0.0325

Sorin-Iulian Cioacă Mihai Trifu

GENERAL MANAGER DEPUTY GENERAL MANAGER

Depository Certification Raiffeisen Bank

Total assets 2,276,833,127 lei

XIV. Equity interests in O.P.C.V.M./AOPC

Running no.	Name of the fund	Date of last trading session	No. of fund units held	Value of fund unit (VUAN)	Market price	Total value	Percentage in total equity interests of O.P.C.V.M./ AOPC	Percentage in the total assets of F.I.A.I.R.
				lei	lei	lei	%	%
1	BT INDEX RO		146,000.000	23.7930		3,473,778	1.4603	0.1526
2	FDI NAPOCA		381,222.000	0.7181		273,756	1.5868	0.0120
3	FDI TRANSILVANIA		7,444.000	54.4094		405,024	1.2176	0.0178
4	FDI TEHNOGLOBINVEST		382.990	1,306.1892		500,257	5.0786	0.0220
						4,652,815		0.2044

GENERAL MANAGER Sorin-Iulian Cioacă

DEPUTY GENERAL MANAGER Raiffeisen Bank Mihai Trifu

Depository Certification

Total assets

2,276,833,127 lei

XV. Dividends or other rights receivable

1. Dividends receivable

Running no.	Issuer	Share symbol	Ex-dividend date	No. of shares held	Gross dividend	Amount to be collected	Percentage in the total assets of F.I.A.I.R.
					lei	lei	%
1	ELBA TIMISOARA		01/05/2022	39,628	59,045.72	56,093.72	0.0025
	DEPOZITARUL CENTRAL
2	BUCURESTI		12/05/2022	9,878,329	86,693.20	82,358.20	0.0036
3	SNTGN TRANSGAZ MEDIAS	TGN	22/06/2022	243,311	3,605,869.02	3,425,576.02	0.1505
						3,564,027.94	0.1565

GENERAL MANAGER DEPUTY GENERAL MANAGER Depository Certification Sorin-Iulian Cioacă Mihai Trifu Raiffeisen Bank

Evolution of net assets and VUAN in the last 3 reporting periods

Running ro. Item name		30/06/2022	31/03/2022	31/12/2021
	1 Net asset	2,128,606,828	2,200,935,798	2,197,633,426
	2 Unit value of net asset	4.2572	4.4019	4.3953

Explanatory note:

* The companies: Complex Hotelier Dâmbovița, Turism Pucioasa, Gemina Tour Rm.Vâlcea, Voltalim Craiova, Provitas Bucharest and Flaros Bucharest were evaluated based on the financial statements from 31/12/2021, according to the international valuation standards, by the valuation method " The income approach ". Mercur Craiova and Univers Rm.Vâlcea were evaluated based on the financial statements from 30/09/2021. Alimentara Slatina was evaluated based on the financial statements on 31/05/2022.

DEPUTY MANAGER Sorin-Iulian Cioacă

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