Rompetrol Rafinare S A : Current report – Refinancing of syndicated loan

DocuSign Envelope ID: 4FF7C376-CDFC-4D60-8139-5FACCE751BD3

No. 1963/ 04/13/2023

To: Financial Supervisory Authority

Bucharest Stock Exchange

From: ROMPETROL RAFINARE S.A.

CURRENT REPORT

prepared according to Law no. 24/2017 on issuers of financial instruments and market operations and the F.S.A. no. 5/2018 on issuers of financial instruments and market operations

Report date: 13 April 2023

ROMPETROL RAFINARE S.A.

Head office: Navodari, 215 Navodari Boulevard, Administrative Building, Constanta County

Phone number: 0241/506100

Fax number: 0241/506930; 506901

Serial number in the Trade Register: J13/534/1991

Unique Registration Code: 1860712

Subscribed and Paid-in capital: RON 2,655,920,572.60

Regulated market on which securities are traded: Bucharest Stock Exchange (RRC market symbol)

Important event to report: Signing of related documents for the refinancing of the existing syndicated loan in amount of USD 435 million through a new syndicated loan in amount of up to USD 600 million.

ROMPETROL RAFINARE S.A. (hereinafter referred to as "the Company" or "RRC") informs the Shareholders and Investors that on 13 April 2023 has signed a new syndicated loan in amount of USD 531,8 million with an increase option up to USD 600 million with the purpose to refinance the existing syndicated loan in amount of USD 435 million and to finance general corporate needs. The new syndicated facility loan was arranged by Banca Comerciala Romana S.A, acting as Coordinator, Mandated Lead Arranger, Bookrunner, Documentation, Facility and Security Agent and lender alongside the following banks ING Bank N.V. through ING Bank N.V. Amsterdam - Bucharest Branch, Raiffeisen Bank S.A. and UniCredit Bank S.A, as Mandated Lead Arrangers and lenders, Alpha Bank Romania S.A, as arranger and lender and Garanti Bank S.A and OTP Bank Romania S.A, as lenders.

ROMPETROL RAFINARE SA

215 Năvodari Blvd. Administrative Building, 905700, Năvodari, ConstanțA, ROMANIA

fax: + (40) 241 506 930 | phone: + (40) 241 506 207 | email: [e-mail] www.rompetrol.com

DocuSign Envelope ID: 4FF7C376-CDFC-4D60-8139-5FACCE751BD3

Lending financial institutions were assisted by the international law firm Clifford Chance, through its Bucharest office, Clifford Chance Badea SPRL.

The Company concluded this loan contract together with KMG International N.V and two other Group companies as well: KMG Rompetrol S.R.L. and Rompetrol Downstream S.R.L.

This loan is guaranteed by KMG International N.V. and can be also used by other companies such as KMG Rompetrol S.R.L. and Rompetrol Downstream S.R.L. In addition, to guarantee this new loan, mortgages are set up on several assets held by KMG International N.V.'s subsidiaries, such assets including fuel distribution stations, warehouses, stocks of petroleum products, trade receivables but also bank accounts. The purpose of this loan is to cover the general working capital needs of borrowers.

The contracting of this loan is in the interest of the activity carried out by the Company, contributes to the Company's success, is to its advantage and is in no way disproportionate to the benefits of concluding the above-mentioned agreement, and there is no conflict of interest between the interests of the Company and those of any of its Directors.

KMG International N.V., a wholly owned subsidiary of National Company KazMunayGas, JSC, the national company of Kazakhstan, is an integrated oil company with most assets and operations based in Romania and other Southeast European countries.

This document will be posted on the RRC website, www.Rompetrol-Rafinare.ro,in the Investor Relations/ Financial Results and Reports/ Current Reports section.

Rompetrol Rafinare S.A.

General Manager and
Member of the Board of Directors	Economic Manager
Felix CRUDU-TESLOVEANU	Ramona-Georgiana GALATEANU

ROMPETROL RAFINARE SA

215 Năvodari Blvd. Administrative Building, 905700, Năvodari, ConstanțA, ROMANIA

fax: + (40) 241 506 930 | phone: + (40) 241 506 207 | email: [e-mail] www.rompetrol.com