Teraplast SA — Major Shareholding Notification 2020

Nov 14, 2020

CURRENT REPORT

In accordance with Law no. 24/2017 and ASF Regulation no. 5/2018

Report date: 13.11.2020 Name of issuing company: TERAPLAST S.A. Registered office: Saratel village, Sieu-Magherus commune, DN 15A, KM 45+500, Bistrita-Nasaud county Telephone/Fax: 0263/238.202; 0263/231.221 Trade Register Office Number: J06/735/1992 VAT number: RO3094980 Subscribed and paid-up share capital: RON 174.320.047,80 Regulated market for shares admitted to trading: Bucharest Stock Exchange

Important events to be reported: according to art. 69 alin. (1) of Law 24/2017 and art.131 of ASF Regulation nr.5/2018

In order to ensure a complete and accurate information of the shareholders and potential investors, TeraPlast SA announces the followings:

On November 13, 2020, TeraPlast SA received a notification regarding the change of shareholding and the decrease below the threshold of 10% of the share capital, from KJK FUND II SICAV SIF, which fully owns KJK BALKAN HOLDING S.a.r.l.

Thus, the total number of shares owned by the entity above at 13.11.2020, is of 25.144.679 shares, which represent 1,44% of the share capital of TeraPlast S.A.

We have annexed the notification mentioned above.

Alexandru Stanean General Manager

If you need any further information please contact us on +4 0741 270 439, email: investor.relations@teraplast.ro , contact person Alexandra Sica – PR & IRO Manager.

	TERA ZATeraPlast	TeraSteel	TeraGlass
PLAST		TeraSteel		TeraPlast
GROUP	TeraPlast	Serbia	wetterbest

Standard form for notification of major holdings

NOTIFICATIONOF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)i
TERAPLAST S.A. (ISIN ROTRPLACNOR7)			1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
	2. Reason for the notification (please tick the appropriate box or boxes):
[ ] Other (please specify)iii:	[ ] An acquisition or disposal of voting rights [X ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights
	3. Details of person subject to the notification obligationiv :
Name:	City and country of registered office (if applicable): KJK FUND II SICAV SIF Luxembourg, Grand Duchy of Luxembourg
4. Full name of shareholder(s) (if different from 3.)v : KJK BALKAN HOLDING S.a.r.l.
	5. Date of lowering, reaching or exceeding the threshold (percentage of vote)vi		: 13/11/2020
6. Total positions of person(s)subject to the notification obligation:
	% of voting rights at tached to shares (total of 7.A)	% of voting rights through financial instru ments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of vot ing rights of issuervii
Resulting situation on the date it fell below, exceeded or reached the threshold	1,4424%	0,00%	1,4424%	1.743.200.478
Position of previous notification (if applica ble)	10,0473%	0,00%	10,0473%	1.743.200.478
7. Notified details of the resulting situation on the date when it was exceeded, fell below or reached the thresholdviii :
A: Voting rights attached to shares
Class/type of	Number of voting rightsix		% of voting rights
shares ISIN code, as appropriate	Direct (Art 69 alin. (1)-(3) din Legea nr. 24/2017)	Indirect (Art 70 din Legea nr. 24/2017)	Direct (Art 69 alin. (1)-(3) din Legea nr. 24/2017)	Indirect (Art 70 din Legea nr. 24/2017)
ROTRPLACNOR7	25,144,679	0	1,4424%	0,00%
SUBTOTAL A	25,144,679			1,4424%

B 1: Financial Instruments according to art. 73 par. (1) lit. (a) of Law no. 24/2017
Type of financial instru ment	Expiration date (due date)x	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to art. 73 par. (1) lit. (b) of Law no. 24/2017
Type of financial in strument	Expiration date (due date)x	Exercise/ Conversion Period x i	Physical or cash settlementxii	Number of vot ing rights	% of voting rights
			SUBTOTAL B.2

8. Information in relation to the person subject to the notification obligation (please tick the applicable box): [ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any entity (entities) that directly or indirectly has exposure to the issuer of the underlying shares. xiii

[X] Full chain of controlled people by virtue of which they actually hold voting rights and / or financial instruments,starting with the individual or the ultimate legal entity that controlsthemxiv:

Namexv	% of voting rightsif it equals or is higher than the notifiable threshold	% of voting rights through financial instrumentsif it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifia ble threshold
KJK BALKAN HOLDING S.a.r.l.	1,4424%		1,4424%

ϵ͘ In case of ǀoƚing bLJ a represenƚaƚiǀe͗ name ͬ ƚrƵsƚee͛s name ǁill cease ƚo hold [% and number] voting rights as of [date]

10. Additional information: KJK BALKAN HOLDING S.a.r.l. is a legal entity fully owned by KJK FUND II SICAV SIF.

As of 13/11/2020

KRISTJAN KOTKAS MANAGER KJK BALKAN HOLDING S.à.r.l.

OLIVIER DE GASSART MANAGER KJK BALKAN HOLDING S.à.r.l.

olivier marie eric henri des hays de gassart Digitally signed by olivier marie eric henri des hays de gassart Date: 2020.11.13 11:54:32 +01'00'