Correction current report published on 2 Dec 2020

To: Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

Current report according to the provisions of Article 99 letter s) of the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments.

Important events to be reported:

Correction of details regarding the portfolio management and the administrative activities performed by Franklin Templeton International Services S.À R.L. from the current report published on 2 December 2020 regarding representation changes starting with 1 December 2020, at the level of Fondul Proprietatea S.A.

Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager of Fondul Proprietatea S.A., would like to inform shareholders that in the current report published on 2 December 2020 regarding representation changes starting with 1 December 2020, at the level of Fondul Proprietatea S.A.

- At point 2, instead of "Therefore, as of this date, the portfolio management and the administrative activities which were object of the delegation agreement are performed by FTIS directly and/or via its Bucharest Branch" should be read "Therefore, as of this date, the portfolio management and the administrative activities which were object of the delegation agreement are performed by FTIS via its Bucharest Branch".

Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager of FONDUL PROPRIETATEA S.A.

Johan MEYER

Permanent Representative

Report date:

22 December 2020

Name of the issuing entity:

Fondul Proprietatea S.A.

Registered office:

78-80 Buzesti Street

7th floor, district 1,

Bucharest, 011017

Phone/fax number:

Tel.: + 40 21 200 9600

Fax: + 40 21 200 9631

Email:

[email protected]

Internet:

www.fondulproprietatea.ro

Sole Registration Code with the Trade Register Office:

18253260

Order number in the Trade Register:

J40/21901/2005

Subscribed share capital:

RON 3,749,282,292.08

Paid-up share capital:

RON 3,560,099,870.08

Number of shares in issue:

7,210,158,254

Number of paid shares:

6,846,345,904

Regulated market on which the issued securities are traded:

Shares on Bucharest Stock Exchange 

GDRs on London Stock Exchange