Announcement ref.to the Board of Directors

20.05.2016

ANNOUNCEMENT

The Nomination and Remuneration Committee within S.N.G.N. Romgaz S.A. Board of Directors carried out an analysis regarding the independence/non-independence of the members of the Board of Directors (BoD), based on the declaration of independency submitted by the members of the BoD and made on their own responsibility. The independence assessment criteria are in accordance with the provisions of the Code of Corporate Governance of the company. Further to the analysis the followings were concluded:

- 3 (three) persons are non-executive independent members;

- 3 (three) persons are non-executive non-independent members;

- one person is executive member.

Therewith, the BoD decided to reconfigure the composition of the advisory committees in order to meet the legal and statutory requirements.

The current composition of the Board of Directors and of the advisory committees is available on the website of the company, www.romgaz.ro, section Investor Relations - Corporate Governance - The Board of Directors.

(link: http://www.romgaz.ro/en/consiliu-administratie)

Director General,

Virgil - Marius METEA