The new membership of the Consultative Committees

To: Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

Current report according to the provisions of Art. 234 para. (1) letter g) of Financial Supervisory Authority Regulation no. 5/2018 and of Art. 99 letter h) of Title II of the Rulebook of Bucharest Stock Exchange

Important events to be reported:

The new membership of the Consultative Committees of Fondul Proprietatea SA effective 10 May 2022

Franklin Templeton International Services S.À R.L., in its capacity as alternative investment fund manager and sole director of Fondul Proprietatea SA (the "Fund"), hereby announces the following decisions of the Board of Nominees, considering the relevant requirements of the Romanian and UK Codes of Corporate Governance:

Starting with 10 May 2022, the new membership of the Fund's Consultative Committees is:

The Audit and Valuation Committee consists of:

- Mr. Ciprian LĂDUNCĂ - Chairperson;

- Mr. Martin BERNSTEIN - Member;

- Mr. Nicholas PARIS - Member.

The Nomination and Remuneration Committee consists of:

- Mr. Nicholas PARIS - Chairperson;

- Mr. Martin BERNSTEIN - Member;

- Mrs. Ilinca von DERENTHALL - Member.

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

Johan MEYER

Permanent Representative

Report date:

11 May 2022

Name of the issuing entity:

Fondul Proprietatea S.A.

Registered office:

76-80 Buzesti Street

7th floor,1st district,

Bucharest, 011017

Phone/fax number:

Tel.: + 40 21 200 9600

Fax: + 40 31 630 0048

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