Decisions of the Board of Directors from January 13, 2021

The Board of Directors of SIF Banat-Crișana, gathered on January 13, 2021, all five administrators (members of the Board) in office attending, considering the Resolution no. 3 of the Ordinary General Meeting of SIF Banat-Crișana Shareholders of January 6, 2021, and the provisions of Art. 7 par. (6), par. (13) section h) and par. (15) of SIF Banat-Crișana’s Articles of Associations, adopted the following decisions:

• Elected Mr. Bogdan-Alexandru Drăgoi as Chairman of the Board of Directors and CEO (General Director) of SIF Banat-Crișana, delegating to him the management of the company in accordance with the provisions of art. 143 of Law no. 31/1990.

• Elected Mr. Radu Răzvan Străuț as Vice-Chairman of the Board of Directors and Deputy General Director of SIF Banat-Crișana, delegating to him the management of the company in accordance with the provisions of art. 143 of Law no. 31/1990.

• The term of office of Mr. Bogdan-Alexandru Drăgoi as Chairman – CEO and the term of office of Mr. Radu-Răzvan Străuț as Vice-Chairman – Deputy General Director are of four years, starting with April 25, 2021 and until April 25, 2025.

The changes occurred in the management structure of the company will be subject to the authorization of the Financial Supervisory Authority and become applicable starting with April 25, 2021, subject to their authorization by the Financial Supervisory Authority.

The current report on this matter is available in Investor Relations › Continuous Disclosure › 2021