Uztel S.A.

Legal Proceedings Report • Apr 28, 2025

UZTEL S.A. OILFIELD EQUIPMENT MANUFACTURING AND REPAIRS 243 MIHAI BRAVU St., code 100410, PLOIESTI , PRAHOVA-ROMANIA Phone: + 40(0)372/441111; E-mail: office(@uztel.ro FISCAL CODE RO1352846 , R.C. PLOIESTI NO. J29/48/1991; web site: www.uztel.ro

IN INSOLVENTA

IN INSOLVENCY

EN PROCEDURE COLLECTIVE

CURRENT REPORT

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

Report date: 25.04.2025

Issuer name: UZTEL S.A.

Registered office: Ploiesti, Str. Mihai Bravu, no. 243, Prahova County

Telephone/fax no.: 0372/441.1111; 0244/521.181

No. ORC registration: J29/48/1991

Unique registration code: RO1352846

Share capital: 13,413,647.50 lei divided into 5,365,459 registered shares, dematerialized with a nominal value of 2.5 lei/share

Regulated market on which the issued securities are traded: BVB - Standard category

I . Important events to report:

Decision no. 1 dated 25.04.2025 of the Ordinary General Meeting of Shareholders of UZTEL S.A. Ploiesti

The Ordinary General Meeting of Shareholders of UZTEL S.A. in insolvency, a joint stock company established and operating in accordance with Romanian legislation, with its registered office in Ploiesti, Mihai Bravu Street, no. 243, Prahova County, registered with the Trade Register under no. J29/48/1991, unique registration code RO 1352846, having a subscribed and paid-up share capital of 13,413,647.50 lei, divided into 5,365,459 registered shares in dematerialized form with a nominal value of 2.5 lei each, Convoked by the judicial administrator Andrei Ioan IPURL, according to the convening notice published in the Official Gazette of Romania, Part IV no. 1321 of 18.03.2025, in the newspaper Jurnalul National of 18.03.20256, as well as on the company's website www.uztel.ro, based on the provisions of art. 58 letter g). of Law no. 85/2014, with subsequent amendments and completions, the provisions of Law no. 31/1990, republished, with subsequent amendments and completions, in accordance with the provisions required by law and with the provisions of the articles of association of UZTEI ..

Met in a legally and statutory meeting established on 25.04.2025, at 15.00, at the first call, at the company's headquarters, in accordance with the provisions required by law and the provisions of the Company's articles of association, in the presence of the company's shareholders holding 4,498,300 shares with voting rights, representing 83.8381% of the company's share capital/total voting rights.

DECIDES

1. Approves, by unanimous vote, the individual annual statements of the company for the financial year ended December 31, 2024, prepared in accordance with the Order of the Minister of Public Finance no. 2844/2016 for the approval of the Accounting Regulations in accordance with the International Financial Reporting Standards, based on the Report of the special administrator regarding the company's activity in 2024 and the Report of the independent Auditor on the individual annual statements of the company for the financial year ended December 31, 2024.

2. Approves, by unanimous vote, the substantiation note of the proposal regarding the coverage of the accounting loss recorded on 31.12.2024.

3. Approves, by unanimous vote, the discharge of the special administrator for the financial year 2024, based on the reports presented.

4. Approves, by unanimity of the votes cast, the income and expenditure budget and the investment program for the year 2025.

5. Approves, by unanimity of the votes cast, the date of: (i) 21.05.2025 as the registration date, according to art. 87, paragraph (1) of Law no. 24/2017 and (ii) 20.05.

2025 as the "ex date", according to art. 2, paragraph (2) letter l) of Regulation no. 5/2018.

1. Approves, by unanimity of the votes cast, the remuneration report for the company's managers, for the year 2024, subject to the consultative vote of the OGMS, taking into account the provisions of art. 107, paragraph (6) of Law no. 24/2017 on issuers of financial instruments and market operations, republished.

2. Approves with the unanimous votes cast the extension of the mandate of the financial auditor Lexexpert Audit SRL, according to the Service Contract no. 8/25.03.2025, until 31.05.2026.

3. Approves with the unanimous votes cast the mandate of the judicial administrator Andrei Ioan IPURL, through the coordinating associate Av. Andrei Ioan, to carry out all the legal formalities necessary for the registration and enforcement of the adopted decisions, as well as the right to delegate another person to carry out the aforementioned formalities.

For which reason, on 25.04.2025, this Resolution of the Ordinary General Meeting of Shareholders of Uztel SA was concluded, in 3 (three) copies.

Judicial Administrator ANDREI IOAN IPURL