S C Electroarges S A : Litigii - 21.03.2022 - versiune limba Engleza

TO:BUCHAREST STOCK EXCHANGE

THE FINANCIAL REGULATOR

Current report in accordance with Law 24/2017 on the issuers of financial instruments and market operations and ASF Regulation no. 5/2018 on the issuers of financial instruments and market operations.

Report date: 21.03.2022

Issuer: Electroarges SA

Registered office: Curtea de Arges, str. Albesti, nr. 12, jud. Arges

Trade Register Registration Code: RO156027

Trade Register Registration Number: J03/758/1991

Share capital: 6,976,465.00 lei

Important events to report:

Disputes - 21.03.2022.

Electroarges S.A. in accordance with the provisions of Art. 234, letter l) of the ASF Regulation no. 5/2018 on the issuers of financial instruments and market operations informs the shareholders about the list of disputes in which the company is a party, updated on 21.03.2022:

ISS UE NO.	CASE NO.	COURT	ADVERSE PARTY	OBJECT PROCEDURE	LAST TERM	CASE STATUS	MENTIONS
1	1058/1285/2018	Romanian High Court of Cassation and Justice	Scop Line SA, Mattera Com SA, Alfaline SA, Geochis SA, Prosanio SA, Debrocons SA, Lineas Trade SA, Fimansat SA, Amicosottis SA, Redont SRL, Altur SA, Marchis Corina Andreea, Gheorghe (former Papadopol)	Claims	07.04.2022	Second appeal	Settlement on the merits: It admits the exception of the defendant's R SA lack of using procedural capacity and, consequently, rejects the request for summons formulated by the claimant Electroarges SA, as well as the counterclaim formulated by the defendant A SA against this defendant. Pursuant to art. 75 paragraph 1 the final thesis of Law no. 85/2014 terminates the civil action filed by the claimant Electroarges SA, as well as the counterclaim filed by the defendant A SA against the defendants Scope Line SRL, a company in insolvency procedure,

Ramona, Chirila Gheorghe,

Bunu Antonel

Cristi,

Petcu Vasile, Andronache Gelu

Defendants

judicial liquidator being S 2000 SPRL, Mattera Com SA, a company in insolvency procedure, judicial administrator being CII LCA, A SA, a company in insolvency procedure, judicial administrator being CII LCA, a company in insolvency procedure, judicial administrator being CII MVB and Prosaino SA, a company in insolvency procedure, judicial administrator being CII LCA. Takes note of the transaction concluded between the claimant Electroarges SA and the defendant A SA, which is an integral part of this decision, as follows: "...". Takes note of the transaction concluded between the claimant Electroarges SA and the defendant Gheorghe Ramona (former Papadopol), which is an integral part of this decision, as follows: "...". Takes note of the transaction concluded between the claimant Electroarges SA and the defendant Marchis Corina Andreea, which is an integral part of this decision, as follows: "...". Partially admits the lawsuit filed by the claimant Electroarges SA against the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu. Obliges the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu to each pay to the claimant Electroarges SA 263,865.93 lei as compensation, the amount at which the legal penalizing interest calculated according to art. 3 paragraph 3 of GO no. 13/2011 from the date of formulating the request for summons, respectively 29.11.2018, and until the full payment of the main debt by each of the defendants. Rejects the claimant request having as object the payment of the remunerative interest and the payment of the penalizing interest calculated according to art. 3 paragraph 1 of GO no. 13/2011. Obliges the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu to each pay each to the claimant 6,243.65 lei as

court costs. Rejects as inadmissible the counterclaim filed by the defendant A SA against the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu. With the right to appeal within 30 days of the communication that will be submitted to the Cluj Specialized Court. Pronounced in open court on 02.06.2020 Settlement in appeal: Admits the exception of the lateness of the appeal submitted by B.A.C. and consequently: Rejects as late the appeal made by B.A.C. against the Civil Sentence no. 537 / 2.06.2020 of the Cluj Specialized Court. Rejects the appeals declared by D.SA, F.SA, A.SA and A.SA against the civil sentence no. 537 of 02.06.2020, pronounced in the file no. 1058/1285/2018 of the Cluj Specialized Court, and keeps it as it is. With the right to appeal within 30 days from the communication. The appeal request will be submitted, under the sanction of nullity, to the Cluj Court of Appeal. Pronounced in open court on 13.04.2021. Document: Decision 201/2021 13.04.2021
2	12169/3/2021	Bucharest Court	Bran Oil - in bankruptcy Claimant	Finding document null and void	28.03.2022	Merits	Pending
3	120/1259/2021	Arges Specialized Court	Amattis SA Intervener	Requests based on GEO 116/2009 request for intervention in the Argeş Trade Register case no. 23493/29.04.2021	22.06.2021	Merits	Pending: Admits the request for suspension of the trial. In accordance with the provisions of art. 413 paragraph (1) section 1 of the Code of Civil Procedure, suspends the trial until the final settlement of the case no. 131/1259/2021. With appeal during the period of suspension
4	130/1259/2021	Arges Specialized Court	Bran Oil SA - in bankruptcy Claimant	Action for annulment of the GMS Decision Annulment of the Electroarges SA OGMS Decision no. 110/26.04.2021 and the EGMS Decision no. 109/26.04.2021	24.11.2021	Merits	Settlement on the merits: Settlement type: Admits request theThe settlement in brief: Dismisses the exception of the lawyer's signing the application lack of representative capacity of the claimant BRAN OIL S.A. Rejects the exception of lack of active procedural capacity. Admits the request made by the claimant BRAN OIL S.A. - in bankruptcy,
with registered office in Galati m, Str. Grigore Ventura nr. 2, camera 11, Jud. Galaţi, J17/1502/2011, Tax Code 29434636, through the judicial liquidator DOA INSOLV SPRL, against the defendant ELECTROARGES S.A., with the registered office in Curtea de Arges, Str. Albesti nr. 12, Jud. Arges, J3/758/1991, Tax Code 156027 and with the procedural address chosen at SCA Gherbovan-Silinescu of Bucharest, str. Sabiutei nr. 14 B, sector 6. Annuls Decision 110/26.04.2021 ofno. theELECTROARGES S.A. Ordinary General Meeting of Shareholders. Annuls Decision 109/26.04.2021 ofno. the ELECTROARGES S.A. Extraordinary General Meeting of Shareholders. Obliges the defendant ELECTROARGES S.A. to pay the claimant BRAN OIL S.A. the amount of 100 lei as court costs representing the judicial stamp duty. With the right to appeal within 30 days from the communication. The appeal is submitted to the Arges Specialized Court. Pronounced, by making the settlement available to the parties by the court registry, today, 24.11.2021, at the Arges Specialized Court.
5	247/1259/2020*	Arges Specialized Court	Bran Oil SA -in bankruptcy Claimant Investments Constantin Defendant	Presidential Ordinance suspending the enforcement of the Electroarges SA OGMS Decision no. 107/04.08.2020 and the Electroarges SA EGMS Decision no. 108/04.08.2020	16.09.2021	Second appeal	Settlement in the second appeal: Admits the appeal submitted by the defendant appellant Electroarges SA against the Council Chamber Decision of 23.02.2021, Pronounced by the Pitesti Court of Appeal, Civil Section II in the case no. 247/1259/2020*. Cancels Pitesti Court of Appeal Decision no. 101 / A-C of 24.02.2021 and sends the case for retrial to the court of appeal
6	132/1259/2021	Arges Specialized Court	Amattis Claimant Balac Gheorghe Complainant	Requests based on GEO 116/2009 requests for intervention in the Argeş Trade	29.09.2021	Merits	Settlement on the merits: Admits in principle the request for intervention submitted by the claimant Amattis SA, with the

National Trade

Register Appellee

Register case no. 26739/12.05.2021

registered office in ..., represented by the statutory administrator Procopenco Ala. Rejects, as unfounded, the request for intervention submitted by the claimant AMATTIS SA, with the registered office in ..., through the legal representative Procopenco Ala, at the request no. 26739 / 12.05.2021 for registration in the Trade Register attached to the Arges Court of the mentions regarding the company ELECTROARGES SA, based on the ELECTROARGES SA OGMS decision no. 1 / 27.04.2021 regarding the amendment of the articles of association regarding: revocation / appointment of proxies, request made by Balac Gheorghe, as proxy.

Admits in principle the request for intervention formulated by the claimant ELECTROARGES SA, with the registered office in ..., represented by Constantin Stefan - the Chairman of the Board of Directors. Admits the request for intervention formulated by the claimant ELECTROARGES SA, with the registered office in ... through legal representative Constantin Stefan, to the request no. 26739 / 12.05.2021 for registration in the Trade Register attached to the Arges Court of the mentions regarding the company ELECTROARGES SA, based on the ELECTROARGES SA OGMS Decision no. 1 / 27.04.2021 regarding the amendment of the articles of association regarding: revocation / appointment of proxies, request made by Balac Gheorghe, as proxy. Rejects the application for registration in the Trade Register attached to the Arges Court of the mentions regarding the company ELECTROARGES SA, with the registered office in ..., based on the ELECTROARGES SA OGMS Decision 1 / 27.04.2021 regarding