SIF Banat Crisana : Standpoint of ASF regarding item 2 and item 3 of the EGMS Agenda convened for April 25 (26), 2016

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ADDRESS CALEA VICTORIEI 35A ARAD 310158 ROMANIA • TEL [phone] • FAX [phone] • EMAIL [e-mail] • INTERNET WWW.SIF1.RO

CURRENT REPORT

pursuant to Regulation no. 1/2006 on issuers and operations with securities and The Capital Market Law no. 297 / 2004

Report date: April 1, 2016

Issuer Societatea de Investiții Financiare Banat-Crișana SA (SIF Banat-Crișana) | Registered office 35A Calea Victoriei, Arad 310158, Romania | Phone [phone] | Fax [phone] | Webpage www.sif1.ro| Email [e-mail]| Unique Registration Code at the Trade Register Office 2761040 | Trade Register Number J02 / 1898 / 02.09.1992 | Number in ASF Register PJR09SIIR/020002/02.02.2006 | Subscribed and paid-up share capital RON 54,884,926.80 | Regulated market on which the issued securities are traded: Bucharest Stock Exchange (BVB) Premium category (symbol: SIF1)

Important event to be reported:

Supplement to the Agenda for the OGM of SIF Banat-Crișana convened for April 25 (26), 2016

The following is an English translation of the Supplement to the Agenda for the Ordinary General Meeting of SIF Banat-Crișana's Shareholders convened for April 25 (26), 2016. The company provides this translation for shareholders' reference and convenience. In the event that the English version of this Supplement to the Agenda differs from the Romanian version, the latter prevails.

The Board of Directors of SIF Banat-Crișana S.A. registered with the Trade Register Office of Arad Court under number J02/1898/1992 and in the Financial Supervisory Authority (ASF) Register under number PJR09SIIR/020002/02.02.2006, having the Unique Registration Code 2761040 and the subscribed and paid-up share capital of RON 54,884,926.80, gathered in the meeting held on April 1, 2016,

Pursuant to art. 117 ^ 1 of Law on trading companies no. 31/1990, republished, with subsequent amendments, and to art. 7 paragraph 1 letter a and paragraph 4 of CNVM Regulation no. 6/2009 on the exercise of certain rights of shareholders in general meetings of companies, as amended and supplemented,

Considering the request to supplement the agenda for the ordinary general meeting of shareholders of SIF Banat-Crișana SA of a group of shareholders holding together 5.4082% of the share capital, consisting of Business Capital for Romania-Opportunity Fund Cooperatief U.A., holder of 23,064,966 shares representing a total of 4.2024% of the share capital, and Fond de Pensii Administrat Privat NN, holder of 6,617,881 shares representing 1.2058% of the share capital,

Supplements the Agenda of the ordinary general meeting of shareholders convened for April 25 (26), 2016, 10:00 hours at the company headquarters located in Arad, 35A Calea Victoriei, by the Convening

Notice initially published in the Official Gazette no. 1086/16.03.2016, the national newspaper "Bursa" and in the local newspaper "Jurnal Arădean" on 16.03.2016, and on company's website at www.sif1.ro, with item 11 on the agenda at the request of shareholders. Following the introduction of the dividend distribution proposal, the Board of Directors completes item 9 on the agenda with the payment date. The supplemented and revised agenda is as follows:

Items on the Agenda proposed by the Board of Directors:

1. Approval of the financial statements for the 2015 fiscal year, based on the discussions and reports presented by the Board of Directors, the Chairman of the Board and the Financial Auditor;

2. Approval of profit appropriation in accordance with the proposal of the Board of Directors;

3. Approval of the discharge from liability of the Board of Directors for the fiscal year 2015;

4. Approval of the Budget and the Operation Plan for 2016 fiscal year;

   
   

   ADDRESS CALEA VICTORIEI 35A ARAD 310158 ROMANIA • TEL [phone] • FAX [phone] • EMAIL [e-mail] • INTERNET WWW.SIF1.RO

   
   

5. Approval of the remuneration due to the members of the Board of Directors for the current fiscal year;

6. Approval of the general limits of all additional remunerations set for the members of the Board of Directors and the general limits of the directors' remuneration;

7. Election of one administrator on the vacant seat for a term equal to the remaining period until the expiry of their term in office of the current administrators (24.04.2017);

8. Election of the financial auditor, setting the minimum duration of the audit contract and empowering the Board of Directors to conclude the audit contract.

9. Approval of August 17, 2016 as the registration date (August 16, 2016 as ex-date) and September 6, 2016, as payment date, in accordance with the provisions of Article 238 paragraph (1) of Law no. 297/2004, CNVM Regulation no. 6/2009 and CNVM Regulation no. 1/2006;

10. The empowerment (with authority to be substituted) of Mr. Bogdan-Alexandru Drăgoi and Mr. Octavian Avrămoiu, administrators of the company, to sign the necessary documents in order to carry out all procedures and formalities with the Financial Supervisory Authority, Trade Register or wherever necessary for the purpose of implementing the resolutions of the general meeting of shareholders.

    Item on the Agenda proposed by the group of shareholders:

11. Approval of dividend distribution in the gross amount of 0.1098 RON / share, representing 80% of net profit for the financial year ended on 31.12.2015.

The other provisions of Convening Notice for the Ordinary General Meeting of Shareholders of 25 (26) 04.2016, initially published in the Official Gazette no. 1086/16.03.2016, the national newspaper "Bursa" and in the local newspaper "Jurnal Arădean" on 16.03.2016, and on company's website at www.sif1.ro, remain unchanged.

Bogdan-Alexandru Drăgoi Octavian Avrămoiu

Chairman of the Board of Directors Vice-Chairman of the Board of Directors