Turbomecanica : Current Report the distribution of shares TBM 21.02.2017_eng

TUR E30MEC:A N I C:A

244 luliu ManiuBd. District 6Postal Code061126 Bucharest -Romania Tel.:[phone] Fax: [phone]

Trade Registry CodeJ40/533/1991

Fiscal RegistrationCode R03156315Sole RegistrationCode 3156315Fully PaidShare Ca pital 36.944.247,50 RON

www.turbomecanica.ro ;e-mail:office@turbomeca nica.ro

Our Reference: 4 Date: 21 .02.2017

CURRENT REPORT ACCORDING TO THE LAW297/2004 ARTICLE 227 AND CNVMREGULATIONN0.1/2006

REPORT NO: DATE :21.02.2017 COMPANY TURBOMECANICA SA

REGISTERED OFFICE: 244 luli u Mani uBlv.,District 6, BucharestROMANIA.

TRADE REGISTERYNUMBER AND INCORPORATION DATE: J40 /533 I1991 ;

FORM OF OWNERSHIP: Majorityprivate;

MAIN ACTIVITY:3030 Manufacturing ofAircrafts and Spaceships;SOLE REGISTRATION CODE:R031 56315;

REGULATED MARKET ON WHICH THE SECURITIES ISSUED ARE TRADED:

BucharestStock Exchange;

CALLED-UP AND PAID IN SHARECAPITAL: 36.944.247,50RON

1.IMPORTANT EVENTSTO REPORT:

1. Changeof controlof the comapny -notapplicable;

2. Aquisitionorsubstantial transaction of assests -not appl icable;

3. I nsolvencyprocedure -notapplicable;

4. Other events: the distribution of sharesto TURBOMECANICA 'semployeesin accordance with the Extraord inaryGeneral Shareholders' Meetingno. 1 dated

18.01.2016 and the Resolution of the Boa rd of Directors no.103 dated 20.02.2017.

We informyouthaton thebasisoftheExtraord inary General Shareholders'Meeting no.I dated1 8.01 .2016 andthe Resolution ofthe Board of Directors no.I 03 dated 20.02.201 7,a number of

9.674.2 12 shares willbeallocated to employees of TURBOMECAN ICA S.A. which haveshownextraord i nary performance i n their professionalactivity.

We attach to the present theInformationDocument draftedin accordance with Appendix no. 21 oftheRegulati onno.1/2006

PRESIDENT-GENERAL MANAGER VIEHMANN RA DU

- ....

W·1

FINANCIAL&COMME RC IA LMANAGER

ANGHEL CLAUDIA

Page1 of1

T UE30MECANICA

244 Iuliu Maniu Bd. District 6 Postal Code061126 Bucharest -Romania Tel.:[phone] Fax: [phone]

Trade Registry Code J40/533/199l

Fiscal Registration CodeR03156315 SoleRegistration Code3156315 FullyPaid Share Capital36.944.247,50 RON

www.turbomeca nica.ro; e-mail:office@tu rbomecan ica.ro

Our referenceNo : 5 IDate :21.02.2017

INFORMATION DOCUMENT REGARDING THE FREE ALLOCATION OF TURBOMECANICA S.A.SHARES TO TURBOMECANICA S.A.EMPLOYEES 9.674.212 SHARES

(Information docu mentin accordance with Appendix no.21 ofthe Regulation no.1/2006)

1. Individ uals responsible for the proced ure:

2. Name and position of the individuals and/or name and headquarters of the companies responsible for the information included in the information document.

   Company TURBOMECANICA .S.A, withits headquarters in Bucharest, 244Iuliu Maniu Bvd,6th district, registered with the Trade RegistryBucharestunderno. J40/533/1991,individual registration number3156315,represented by Mr. ViehmannRadu,President &CEO.

3. Statement made by the individuals mentioned in 1.1., by which they declare that, to their knowledge, the information transmitted is real and without omissions which might significantly affect the information document.

   Upon verification ofthecontentoftheinformationdocument, TURBOMECANICA S.A.,represented byMr. Rad u Viehmann-President &CEO, accepts allresponsibility foritscontent andherebyconfirms thatall theinformation provided isrealandwithout omissionsor false statements whichmight significantly affect the informationdocument.

4. Information related to the shares' issuer:

5. Name, headq uarter, fiscal code and registration numberat the Trade Registry Office.

   Name of issuer: Com pany TURBOMECAN!CA S.A.

   Headquarters :Bd .luliu Maniunr. 244, Sector 6, Bucharest

   Telephone/Fax: [phone]; Fax: [phone]

   Company registration: registered with theTrade RegistryBucharestunder no.

   J40/533/1991,ind ividualregistration n umber 3156315.

   Regulatedmarketonwhich thesecurities issuedare

   traded: BucharestStock Exchange - Standard Category

   Symbol:TBM

6. Company capital:

   • Value of thesubscribed, paid-up capital:

   • Number of issued shares:

   • Share's nominal value:

     36.944.247,50 lei 369.442.475 shares

     0. 1 lei

7. Information regarding the offer or allocation of securities towa rds current or ex members of the management or other employees.

8. Decisions by which the offer or allocation of securities to current or ex members of the management and employees was decided.

   The Extraordinary General Shareholders' Meeting, through the decision no.I dated

   18.01.2016,published in the Official Journalof Romania, part IV, nr. 504 I02.02.2016, approved (by public vote, within unanim ity) the Turbomecanica S.A. sharesbuy-back, in order to implement a rem uneration systemwhich will ensurethe long-term implementation of the performance principle and of anemployee loyalty program for a period of at least3 years.

   In accordance with the Boardof Directors' Resolution no. 103 dated20.02.201 7, asstated inthe power delegated to the Board by theExtraordinary General Shareholders' Meeting no. I dated 18.01.2016,the Board decided toal locate a numberof 9.674.212 shares, basedon the Extraordinary General Shareholders' Meeting no. I dated 18.01.2016,which will beallocated freeof charge to the employeeswithinTurbomecanicaS.A.

   The property transfer of the before mentioned sharesto the Turbomecanica S.A. employeeswill tke place after the communication of the present document to the CentralDepository, and all otherdocments requested by the CentralDepository in accordance with thelaw.

9. Description of the capital increase:

   The reasonof thecapital increase -not applicable;

   The value of the capitalincrease -not applicable;

   Number of shares issued for thecapital increase -not applicable;

   Number of shares offered tothe current or ex mem bers ofthe Board or other employees (if the total numberof shares issued for the capital increaseis bigger than the n um berof shares offered to current or ex mem bers of the Boardoremployees)

   - not applicable

10. Description of the operation: the reason of the allocationof shares, nu m berof securities allocated ,the num ber of securities offeredto ind ivid uals by types ofinvestors.

11. The operation entailsthe Turbomecanica S.A buy-back program,shares which willbe a llocatedfree of charge tothe employeeswithin Turbomecanica S.A.

    According tothe Boards' of DirectorsResolution no. I03 dated 20.02.2017, a n um berof

    9.674.212 shares will beallocated freeofcharge to theemployees of Turbomecanica S.A.

    Through the Boards' of Directors Resolution no. 103 dated20.02.2017, adopted on the basis ofthe power delegated to theBoard by the Extraord inary General Shareholders'Meeting no. Idated 18.01.2016,the Board of Directorshasdecided that the shares wi I I beallocated toemployees within Turbomecanica S.A. which fulfilthe following req ui rments:

    Have provedoutstand ing results in the period 20 I 5 -20 I 6;

    Accept thel imitationsimposed by theloyalty plan approved by the Board ofDirectorsfor 20I 7-2019;

    Have met or exceeded thestrategic objectives set for the period2015-2016;