SIF Muntenia : Current report regarding litigations

STATEMENT OF ASSETS AND LIABILITIES OF SIF MUNTENIA AS AT 31.08.2023

PREPARED ACCORDING TO FSA REGULATIONS

		LEI	% of total assets
1	Intangible assets	243,54	0,00
2	Tangible assets	0,00	0,00
3	Real estate investments	0,00	0,00
4	Biological assets	0,00	0,00
5	Assets representing rights to use the underlying	13.360,17	0,00
	assets in a leasing contract
6	Financial Assets	1.976.459.972,83	92,42
6.1	Financial assets measured at amortized cost	0,00	0,00
6.1.1	Bonds	0,00	0,00
6.1.1.1	Corporate bonds	0,00	0,00
6.1.1.1.1	Listed corporate bonds	0,00	0,00
6.1.1.1.2	Listed and not traded corporate bonds in the last 30	0,00	0,00
	days
6.2	Financial assets measured at fair value through profit	988.364.971,39	46,22
	or loss
6.2.1	Shares	680.244.164,37	31,81
6.2.1.1	Listed shares	543.894.992,54	25,43
6.2.1.2	Listed and not traded shares in the last 30 days	2.897.212,00	0,14
6.2.1.3	Unlisted shares	133.451.959,83	6,24
6.2.2	Participation titles of UCITS and / or AIFs, of which:	224.304.635,54	10,49
6.2.2.1	listed shares	0,00	0,00
6.2.2.2	listed fund units	6.778.493,02	0,32
6.2.2.3	unlisted fund units		10,17
217.526.142,52
6.2.3	Bonds	82.816.171,48	3,87
6.2.3.1	Corporate bonds	82.816.171,48	3,87
6.2.3.1.1	Listed corporate bonds, of which:	82.816.171,48	3,87
6.2.3.1.1.1.	admitted or traded on a regulated market in a Member	82.816.171,48	3,87
	State
6.2.4	Payments for share capital increase for unlisted	0,00	0,00
	companies
6.2.5	Equity interests	1.000.000,00	0,05
6.3	Financial assets measured at fair value through other	988.095.001,44	46,20
	comprehensive income
6.3.1	Shares	886.785.067,56	41,47
6.3.1.1	Listed shares	852.535.964,01	39,86
6.3.1.2	Listed and not traded shares in the last 30 days	10.264.817,04	0,48
6.3.1.3	Unlisted shares	23.984.286,51	1,12
6.3.2	Participation titles of UCITS and / or AIFs, of which:	101.294.658,88	4,74
6.3.2.1	listed shares	101.294.658,88	4,74
6.3.2.2	listed fund units	0,00	0,00

6.3.2.3	unlisted fund units	0,00	0,00
6.3.3	Payments for share capital increase for unlisted	15.275,00	0,00
	companies
7	Availabilities (cash and cash equivalent)	40.240.823,32	1,88
7.1	Current accounts	40.239.514,07	1,88
7.2	cash	1.309,25	0,00
7.3	balance at SSIF	0,00	0,00
7.4	amounts under settlement with the SSIF	0,00	0,00
7.5	amounts in transit	0,00	0,00
7.6	Due fees	0,00	0,00
8	Bank deposits	104.294.204,46	4,88
9	Other assets, of which:	17.556.776,50	0,82
9.1	Dividends or other rights receivables	17.340.671,92	0,81
9.1.1	Shares distributed with cash contribution	1.816.467,85	0,09
9.1.2	Bonus shares	0,00	0,00
9.1.3	Dividends	15.524.204,07	0,73
9.1.4	Preference / allocation rights	0,00	0,00
9.1.5	Amounts to be received following the decrease of the	0,00	0,00
	share capital
9.2	Other assets	216.104,58	0,01
9.2.1	Amounts to be received following the withdrawal from	0,00	0,00
	companies
9.2.2	Other assets	216.104,58	0,01
10	Accruals and similar accounts	29.999,53	0,00
11	Total assets	2.138.595.380,35	100,00
12	Total liabilities	43.054.783,93	#Error
12.1	Financial liabilities measured at amortized cost	4.710.867,93	#Error
12.1.1	Commercial liabilities	3.151.512,41	#Error
12.1.2	Dividends due to shareholders	567.055,92	#Error
12.1.3	Other liabilities	992.299,60	#Error
12.2	Deferred income tax liabilities	38.343.916,00	#Error
12.3	Other liabilities	0,00	#Error
13	Provisions for risks and expenses	0,00	#Error
14	Deferred income	0,00	#Error
15	Equity, of which:	2.062.513.467,09	#Error
15.1	Share capital	78.464.520,10	#Error
15.2	Items similar to equity	781.006.539,00	#Error
15.3	Other equity items	292.050.871,53	#Error
15.4	Premiums	0,00	#Error
15.5	Revaluation reserve	0,00	#Error
15.6	Reserves	1.094.434.708,58	#Error
15.7	Own shares	-37.662.969,60	#Error
15.8	Other retained earnings, of which	527.628.654,32	#Error
15.8.1	Profit (Loss) arising on the disposal of financial assets	246.500.567,76	#Error
	measured at fair value through other comprehensive
	income in accordance with IFRS 9
15.9	Other retained earnings first adopted IAS 29	-781.006.539,00	#Error

15.10	Profit (loss) for the period	107.597.682,16	#Error
16	Net Asset	2.095.540.596,42	#Error
17	Number of issued shares	761.105.845,00	#Error
18	Net asset value per share	2,7533	#Error
19	Number of portfolio companies, of which:	107	#Error
19.1	Companies admitted to trading on an EU trading	46	#Error
	venue
19.2	Companies admitted to trading on a stock exchange	0	#Error
	in a third country
19.3	Companies not admitted to trading	60	#Error
19.4	Limited liability companies/SRL	1	#Error

Note

• · The accounting elements are taken from the balance of SIF Muntenia prepared for 31.08.2023
• The report was certified by the depositary of SIF Muntenia BRD-GSG Securities Department with no. 14941 from 13.09.2023.
• · The valuation rules for the financial securities from SIF Muntenia's portfolio can be consulted at the link belowhttps://www.sifmuntenia.ro/en/investments/net-asset-value/rules-applied-nav-calculation/

Prepared by,

S.I.F. Muntenia prin administratorul sau S.A.I. Muntenia Invest S.A.

General Director, NICUSOR MARIAN BUICA

Fund Manager, IULIA EMILIA BLINDU

Depositary Certification,

BRD - Groupe Societe Generale Director, CLAUDIA IONESCU

Certified, MARIA CIURLEA

Compliance Officer, CLAUDIA JIANU

Annex according to art. 38 para. (4) of Law no. 243 / 2019

Assets from the portfolio of SIF Muntenia that were valued using valuation methods in accordance with International Valuation Standards

SRC	Company	No. of shares	Valuation	Value /	Stake value	Valuation method
			date	share
1551768	AVICOLA SA	385,837	31.12.2022	1.1179	431,326.00	Asset approach - the adjusted net asset
	BUCURESTI					method
48452990	FINAGROM IFN SA	1,000	31.07.2023	5,000.0000	5,000,000.00	Asset approach - the adjusted net asset
						method
434492	FIROS S.A BUCURESTI	2,815,576	31.12.2022	15.0583	42,397,814.00	Income approach - the discounted cash-
						flows method
47784028	ICPE ELECTRIC	10,000	31.03.2023	100.0000	1,000,000.00	Asset approach - the adjusted net asset
	MOTORS S.R.L.					method
423140	ICPE SA BUCURESTI	2,996,939	31.12.2022	6.4678	19,383,670.00	Income approach - the discounted cash-
						flows method
3682077	MATASARI HOLDING	14,067,409	31.12.2022	0.6118	8,606,440.83	Asset approach - the adjusted net asset
	S.A.					method
622003	MINDO SA DOROHOI	32,595,770	31.12.2022	0.0889	2,897,212.00	Income approach - the discounted cash-
						flows method
23207014	VOLUTHEMA	6,462,487	31.12.2022	8.9180	57,632,709.00	Income approach - the discounted cash-
	PROPERTY					flows method
	DEVELOPER SA

• The valuation of SIF Muntenia's participation in the above-mentioned companies was performed using income approach - the discounted cash- flows method, except for AVICOLA SA BUCURESTI FINAGROM IFN SA ICPE ELECTRIC MOTORS S.R.L. MATASARI HOLDING S.A. where the valuation was performed using asset approach - the adjusted net asset method.

The leverage level and the exposure value of SIF Muntenia calculated according to the provisions of Regulation (EU) No. 231/2013

Method type	Leverage	Exposure value
Gross method	100,13 %	2.098.354.557,03
Commitment method	102,05 %	2.138.595.380,35

SAI Muntenia Invest SA does not use leverage in the investment policy adopted in the management of SIF Muntenia.

Prepared by,

S.I.F. Muntenia prin administratorul sau S.A.I. Muntenia Invest S.A.

General Director, NICUSOR MARIAN BUICA

Fund Manager, IULIA EMILIA BLINDU

Depositary Certification,

BRD - Groupe Societe Generale Director, CLAUDIA IONESCU

Certified, MARIA CIURLEA

Compliance Officer, CLAUDIA JIANU