The Financial Supervisory Authority has authorized Mr. Vasile-Cosmin Turcu and Mr. Horia-Cătălin Bozgan as members of the Supervisory Board for a term of office valid until 19.04.2025, in accordance with the Resolution of the Ordinary General Meeting of Shareholders no.1/22.04.2024 (Authorization no.73/11.07.2024).

Vasile-Cosmin Turcu has extensive experience of more than 25 years, mainly in strategic companies in the petrochemical industry in Romania, where he held management positions, as Executive Director of companies such as AZOMURES SA, COMES SA, ROMELECTRO SA, ROMPETROL RAFINARE SA, ROMINSERV SA /ROMPETROL GRUP and as member of the Boards of Directors at THR MAREA NEAGRĂ SA, SINTEZA SA. Cosmin graduated from the UBB Cluj as Chemical Technologist Engineer, with further studies, certifications and mentoring, leadership and management programs at prestigious universities in Dallas, Houston - USA, Germany and Romania.

 Horia-Cătălin Bozgan has been working for over 20 years in the financial-banking sector, being one of the best experts of the business environment in Brasov and in the central area of the country. With a remarkable activity, he coordinated, as director, the Brasov Branch of Banca Transilvania and is currently regional manager. He is a graduate of ASE Bucharest, with an MBA in Business Administration from the Maastricht School of Management - The Netherlands/ Bucharest.

As a result, the new composition of the Supervisory Board of the company, authorized as of the date of entry into force of the above-mentioned authorization, is as follows: Mr. Patrițiu Abrudan, Mr. Marius-Petre Nicoară, Mr. Constantin Frățilă, Mr. Vasile-Cosmin Turcu and Mr. Horia-Cătălin Bozgan.

Brasov, July 15 2024