Registration of the Romanian State payment

To: Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

Current report according to Article 234 para. (1) letter k) of the Financial Supervisory Authority Regulation no. 5/2018 on issuers of financial instruments and market operations, as well as 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:

Registration with the Trade Registry of the Romanian State payment of the share capital

Franklin Templeton International Services S.À R.L., in its capacity of alternative investment fund manager and sole director ("AIFM / Fund Manager") of Fondul Proprietatea S.A. ("Fund"), would like to inform shareholders and investors that on 16 February 2022, the Bucharest Trade Registry registered the Fund Manager's Decision no. 4 of 1 February 2022 by which the payment related to all the unpaid shares held by the Romanian State in the Fund, in amount of RON 189,182,422.00, was acknowledged.

Thus, the Trade Registry registered the fact that the Fund's subscribed share capital is fully paid up.

The Fund Manager will continue the registration process of the new paid-up share capital with the Financial Supervisory Authority and the Central Depository, and will keep its shareholders and investors updated on the process.

Franklin Templeton International Services S.À R.L., acting as Alternative Investment Fund Manager of FONDUL PROPRIETATEA S.A.

Johan MEYER

Permanent Representative

Report date:

16 February 2022

Name of the issuing entity:

Fondul Proprietatea S.A.

Registered office:

76-80 Buzesti Street

7th floor, district 1,

Bucharest, 011017

Phone/fax number:

Tel.: + 40 21 200 96 00

Fax: +40 31 630 00 48

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 and paid-up share capital:

RON 3,334,342,422.84

Number of shares in issue and paid-up:

6,412,196,967

Regulated market on which the issued securities are traded:

Shares on Bucharest Stock Exchange 

GDRs on London Stock Exchange