Sopharma AD

Regulatory Filings • Nov 14, 2019

Current report № 64/ 2019 Dated November 14, 2019

NOTIFICATION

Sopharma AD (the "Company") notifies that on 12 November, with the participation of His Excellency Evgueni Stoytchev, the Ambassador of the Republic of Bulgaria in Moldova, Sopharma AD celebrated the opening of a new warehouse and administrative building in Kishinev with a total area of 5000 sq. m. The warehouse will provide 75 new working places and will support the distribution activities of pharmaceutical and other health related products of Sopharma AD in Moldova, further the centralization will lead to improved efficiency and optimization of the processes.

Following its intentions to grow in Moldova, Sopharma AD purchased 29% of the capital of RAP Pharma International and reached 80% ownership in the company. RAP Pharma International also has a new Executive director Mr. Victor Tomsha – a young specialist with economic education and professional experience in large European companies.

Signatures of individuals authorized to represent the Company:

Ognian Donev