Oil Terminal S A : Completion of OGSM agenda request 27(28).04.2022

No.128/06.04.2022

To:

BUCHAREST STOCK EXCHANGE

Fax: [phone]

FINANCIAL SURVEY AUTHORITY

Fax: [phone]

CURRENT REPORT according to FSA Regulation no. 5/2018

Report day: 06.04.2022

OIL TERMINAL S.A.Constanta

Headquarter: no.2 Caraiman str., Constanta Phone no.: 0241/702600, fax: [phone]

Registration number at Trade Register Office: J13/512/1991 Unique register number: 2410163

Important event to be reported: Request of majority shareholder, the Ministry of Energy, regarding the OGSM convened for 27(28).04.2022

OIL TERMINAL SA informs shareholders and investors that on 06.04.2022, according to the provisions of art. 105 para. (3) of Law no. 24/2017 regarding financial instruments issuers and market operations, provisions of art. 188 para. (1) of FSA Regulation no. 5/2018 regarding financial instruments issuers and market operations, provisions of art. 1171 para. (1) of Law 31/1990 republished, with subsequent amendments and additions and to the provisions of art. 29 and 61 of GEO 109/2011, the Ministry of Energy, as shareholder of OIL TERMINAL SA with a shareholding of 59.62% of the share capital, requests that the following item is introduced on the agenda of Oil Terminal SA' Shareholders Ordinary General Assembly convened for 27(28).04.2022:

•  The approval to start the procedure for the selection of Oil Terminal S.A.' Board of Directors' members, according to the provisions of the Government Emergency Ordinance no. 109/2022 regarding corporate governance of public enterprises, approved with amendments by Law no. 111/2016. The selection procedure shall be organized by the Ministry of Energy, on behalf of the Romanian State.

And proposes the following draft decision:

•  By shareholders vote representing …% of the share capital and …% of the present/ represented voting rights, it is approved to start the procedure for the selection of Oil Terminal S.A.' Board of Directors' members, according to the provisions of the Government Emergency Ordinance no. 109/2022 regarding corporate governance of public enterprises, approved with amendments by Law no. 111/2016 is approved. The selection procedure shall be organized by the Ministry of Energy, on behalf of the Romanian State.

The company's Board of Directors shall take into consideration the Ministry of Energy's request and will comply with the legal provisions.

General Director	Development Director	Chief of Shareholding-Communication Dept.
Sorin CIUTUREANU	Marieta STASI	Georgiana DRAGOMIR