Teraplast SA

Share Issue/Capital Change • Dec 6, 2021

CURRENT REPORT

In accordance with Law No. 24/2017 republished and Regulation No. 5/2018 of the Financial Supervisory Authority (ASF)

Date of the report: 06.12.2021

Name of the issuing company: TERAPLAST S.A.

Registered office: Sat Saratel, comuna Sieu-Magherus, Calea Teraplast, nr.1, Judetul Bistrita-Nasaud

Telephone/Fax: 0263/238.202; 0263/231.221

Trade Register Office Number: J06/735/1992

Tax Identification Number: 3094980

Subscribed and paid-up share capital: 217.900.035,80 lei

Regulated market for shares admitted to trading: Bucharest Stock Exchange, standard category

Stock symbol: TRP

Significant events to report:

TeraPlast S.A.'s Board of Directors is informing its shareholders and potential investors about the Resolution adopted on December 6, 2021, of appointing the Financial service company BRK Financial Group SA Cluj-Napoca to represent the interests of Teraplast S.A. in the process of repurchasing in the capital market a number of maximum 7.500.000 own shares, within the limit of a 15.000.000 lei budget.

Furthermore, the Board of Directors of TeraPlast S.A. has approved the start on December 7, 2021 of the process of own shares repurchase, under the conditions approved by the Extraordinary General Meeting (EGM) Decision no. 1 dated 24 August 2020 (published in the Official Gazette of Romania no. 3587 of 09.10.2020), as subsequently modified by the EGM Decision no. 1 of 25 June 2021 and by the EGM Decision no. 1 of 3 December 2021, namely repurchasing a number of maximum 7.500.000 shares with the nominal value of 0.1 lei/share, at a minimum price equal to the BSE market price at the time of the purchase and a maximum price of 2 lei/share, within the limit of a 15.000.000 lei budget, for a period of max. 18 months from the date of publishing of the EGM Decision in the Official Gazette of Romania Part IV. The own shares repurchased by the Company shall be offered to its employees, executive staff members of the companies in the Teraplast Group and the Company directors, gratuitously, within a stock option plan.

The payment of the repurchased shares shall be made from the distributable profit or from the available company reserves, recorded in the last annual financial statement approved, except for legal reserves, pursuant to the provisions of Article 103 (1) of Law no. 31/1990, updated.

ALEXANDRU STANEAN

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TeraPlast S.A. CEO

If you need any further information, feel free to email us at investor.relations@teraplast.ro or call +40 741 270 439 – Contact person: Alexandra Sica.